Change of Holdings in the Company

International Ferro Metals Limited

("IFL" or the "Company")

Change of Holdings in the Company

London, 10 January 2013 - International Ferro Metals Limited (LSE: IFL), the integrated ferrochrome producer, announces that it was advised on 9 January 2013 that Aviva plc and its subsidiaries has increased its notifiable interest in the share capital of the Company from 27,720,170 ordinary shares to 32,963,811 ordinary shares representing 5.95 per cent of the issued share capital of the Company as at 9 January 2013. This notice is required as it represents a 4% to 5% Change at Direct Interest Level.

The total number of voting rights in the Company is 554,008,047.

For more information please visit the Company's website, www.ifml.com or contact:

International Ferro Metals Limited

Chris Jordaan, Chief Executive Officer

Mob: +27 82 653 1463

About International Ferro Metals:

IFL is a ferrochrome producer is an integrated chromite mine and ferrochrome processing operations located in South Africa for use in the global stainless steel industry.