MRF - Merafe Resources Limited - Second quarter ferrochrome price announcement MERAFE RESOURCES LIMITED (Incorporated in the Republic of South Africa) (Registration number 1987/003452/06) Share Code: MRF ISIN: ZAE000060000 ("the Company") Second quarter ferrochrome price announcement Shareholders of the Company are advised that the European benchmark ferrochrome price has been settled at $0.69 per pound for the second quarter of 2009, 13% down from $0.79 per pound in the first quarter of 2009. Sandton 6 April 2009 Sponsor Deutsche Securities SA (Pty) Ltd Date: 06/04/2009 10:08:02 Supplied by www.sharenet.co.za 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.