Directors' Dealing in Shares

International Ferro Metals Limited

21 June 2011

('IFL' or the 'Company')

Directors' dealing in shares

The Company was today informed that Anthony Grey (Non-Executive Chairman), Stephen Turner (Non-Executive Deputy Chairman) and Johannes Muller (Chief Financial Officer) and Stephen Oke (Non-Executive Director) have all purchased shares in the company.

Anthony Grey has purchased 200,000 ordinary shares in the Company at a price of 14.5661 pence. Following this transaction, Mr Grey will hold a total of 1,466,667 shares in IFL representing 0.265% of the Company's issued share capital.

Stephen Turner has purchased 375,000 ordinary shares in the Company at a price of 14.5661 pence. Following this transaction, Mr Turner will hold a total of 7,291,667 shares in IFL representing 1.316% of the Company's issued share capital.

Johannes Muller has purchased 150,000 ordinary shares in the Company at a price of 14.5661 pence. Following this transaction, Mr Muller will hold a total of 150,000 shares in IFL representing 0.027% of the Company's issued share capital.

Stephen Oke has purchased 50,000 ordinary shares in the Company at a price of 15p. Following this transaction, Mr Oke will hold a total holding of 150,000 shares in IFL representing 0.027% of the Company's issued share capital.

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

International Ferro Metals Limited

Johannes (Jannie) Muller, Chief Financial Officer

Mob: +27 (0) 82 785 1364

Brunswick Group:

Carole Cable / Fiona Micallef-Eynaud

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.