Notice of AGM

29 October 2012

International Ferro Metals Limited

("IFL" or the "Company")

Notice of Annual General Meeting

In advance of its Annual General Meeting of Shareholders, to be held on Wednesday, 21 November 2012 at 10am (Sydney time), the Company notifies shareholders that an Explanatory Memorandum is now available on the Company's website, http://www.ifml.com/ifl/investor_centre/.

The meeting will be held at Level 27, AMP Centre, 50 Bridge Street, Sydney, NSW, 2000.

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

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.