Substantial shareholder notice

13 August 2012

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 9 August 2012 received a notice that Richmond Capital LLP is a substantial shareholder in the Company, having acquired as at 7 August 2012 a direct interest in a total of 18,056,081 ordinary shares (or 5.98%) in the Company.

A copy of the relevant notice is available on the Company's website.

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