Dealing in shares

4 July 2011

International Ferro Metals Limited

('IFL' or the 'Company')

Dealing in shares

The Company was today informed that Christiaan Jordaan, the future Chief Executive Officer of the Company, effective 1 August 2011, on Friday 1 July purchased 200,000 ordinary shares in the Company at a price of 17 pence per share. Following this transaction, Mr Jordaan will hold a total of 200,000 ordinary shares in IFL representing 0.0361% of the Company's issued share capital.

For further information please visit www.ifml.com or contact:

International Ferro Metals Limited

David Kovarsky, Chief Executive Officer

Mob: +27 82 650 1192

Brunswick Group

Carole Cable / Kate Boothman-Meier

Tel: +44 (0) 20 7404 5959

Numis Securities Limited

John Harrison / James Black

Tel: +44 (0) 20 7260 1000

About International Ferro Metals:

International Ferro Metals produces ferrochrome, the essential ingredient in stainless steel, from its integrated chromite mine and ferrochrome processing operations in South Africa. International Ferro Metals is listed on the London Stock Exchange under the symbol IFL.