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Wed 11 Apr 2012, 8:30 MRF - Merafe Resources Limited - Second quarter 2012 ferrochrome price
MRF
MRF                                                                             
MRF - Merafe Resources Limited - Second quarter 2012 ferrochrome price          
announcement                                                                    
MERAFE RESOURCES LIMITED                                                        
(Incorporated in the Republic of South Africa)                                  
Registration number 1987/003452/06                                              
Share Code: MRF                                                                 
ISIN: ZAE000060000                                                              
("the Company")                                                                 
Second quarter 2012 ferrochrome price announcement                              
Shareholders of the Company are advised that the European benchmark             
ferrochrome price has been settled at $1.35 per pound for the second quarter    
of 2012, an increase of 17% from the $1.15 per pound price in the first         
quarter of 2012.                                                                
Sandton                                                                         
11 April 2012                                                                   
Sponsor                                                                         
Merrill Lynch South Africa Proprietary Limited                                  
Date: 11/04/2012 08:30:01 Produced by the JSE SENS Department.                  
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