Grant of Options FERRUM CRESCENT LIMITED (Incorporated and registered in Australia and registered as an external company in the Republic of South Africa) (Registration number A.C.N. 097 532 137) (External company registration number 2011/116305/10) Share code on the ASX: FCR Share code on AIM: FCR Share code on the JSE: FCR Australian ISIN: AU000000WRL8 South African ISIN: AU000000FCR2 4 October 2016 Ferrum Crescent Limited (“Ferrum Crescent”, the “Company” or the “Group”)(ASX: FCR, AIM: FCR, JSE: FCR) Grant of Options Ferrum Crescent, the ASX, AIM and JSE quoted metals project developer, announces that, following receipt of shareholder approval on 29 September 2016, and further to the Company’s announcement of 25 July 2016, the Company has granted 187,226,485 new unlisted options to investors who subscribed for Placing Shares on a one for one basis (the “Options”) and 18,722,649 new unlisted options to Beaufort Securities Limited (the “Broker Options”) as settlement of certain corporate broking services fees. The Options and Broker Options are exercisable at 0.30 pence per share on or before 29 July 2018. For further information on the Company, please visit www.ferrumcrescent.com or contact: Ferrum Crescent Limited Justin Tooth, Executive Chairman Grant Button, Company Secretary T: +61 8 9474 2995 UK enquiries: Laurence Read (UK representative) T: +44 7557 672 432 Strand Hanson Limited (Nominated Adviser) Rory Murphy/Matthew Chandler T: +44 (0)20 7409 3494 Beaufort Securities Limited (Broker) Elliot Hance T: +44 (0)20 7382 8300 Bravura Capital (Pty) Ltd (JSE Sponsor) Doné Hattingh T (direct): +27 11 459 5037 Date: 04/10/2016 11:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.