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Fri 23 Jun 2017, 8:00 MERAFE RESOURCES LIMITED - Third Quarter 2017 Ferrochrome Price Announcement
MRF 201706230006A
Third Quarter 2017 Ferrochrome Price Announcement

Merafe Resources Limited
(Incorporated in the Republic of South Africa) (Registration number: 1987/003452/06) JSE share
code: MRF
ISIN: ZAE000060000
("Company")

Third quarter 2017 ferrochrome price announcement

Shareholders of the Company are advised that the European benchmark ferrochrome price has been
settled at 110USc per pound for the third quarter of 2017, a decrease of 28.6% from the 154USc per
pound price in the second quarter of 2017.

23 June 2017

Sponsor
Merrill Lynch South Africa Proprietary Limited

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