Holding(s) in Company

13 September 2013

Ferrum Crescent Limited

("Ferrum Crescent", the "Company" or the "Group") (ASX: FCR, AIM: FCR, JSE: FCR)

Substantial shareholder notice

Ferrum Crescent Limited, the ASX, AIM and JSE quoted iron ore developer in Limpopo Province, South Africa, today announces that it has on 11 September 2013 received a notice that Rathbone Brothers Plc is a substantial shareholder in the Company, having increased its shareholding as at 6 September 2013 to a direct and indirect interest total of 22,502,838 ordinary shares (or 6.86%) in the Company.

For further information, please visit www.ferrumcrescent.com or contact:

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

FERRUM CRESCENT LTD NPV Shares 

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

P

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to thenotification obligation: iii

RATHBONE BROTHERS PLC

4. Full name of shareholder(s)  (if different from 3.):iv

RATHBONE BROTHERS PLC

Rathbone Investment Management Ltd

Rathbone Investment Management International Ltd

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

6th September 2013

6. Date on which issuer notified:

11th September 2013

7. Threshold(s) that is/are crossed orreached: vi, vii

5%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

NPV

6,019,607

6,019,607

N/A

N/A

6,019,607

N/A

1.83%

B0JK2H1

NPV

B4TWNQ1

15,143,231

15,143,231

N/A

N/A

16,483,231

N/A

5.02%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

N/A

N/A

N/A

N/A

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

N/A

N/A

N/A

N/A

N/A

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

22,502,838

6.86%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

RATHBONE BROTHERS PLC*

Rathbone Investment Management Limited 6.30402%

Rathbone Investment Management International Limited 0.55237%

* Rathbone Brothers Plc is the holding company of the following.

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will ceaseto hold:

12. Date on which proxy holder will cease to holdvoting rights:

13. Additional information:

Total shares in issued used a denominator:

328,201,385

14. Contact name:

COMPLIANCE DEPARTMENT

15. Contact telephone number:

020 7399 0000