MRF
MRF                                                                             
MRF - Merafe Announcement                                                       
MERAFE RESOURCES LIMITED                                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number 1987/003452/06                                             
Share Code: MRF                                                                 
ISIN: ZAE000060000                                                              
("Merafe")                                                                      
Merafe Announcement                                                             
Shareholders are referred to the directive issued by the Department of Mineral  
Resources ("DMR") in the North West Region instructing mining companies to      
review the Code of Practice applying to the bord-and-pillar mining method.      
On Monday, 19 July 2010, the DMR met with representatives from mining companies 
including the Xstrata-Merafe Chrome Venture ("the Venture") and after a positive
and constructive meeting it was agreed that all mines affected by the directive 
would make individual presentations to the Inspectorate. The Venture will       
therefore make a detailed presentation to the Inspectorate after taking all     
recommendations into consideration.                                             
The Venture`s mining operations will continue as planned in the interim.        
Sandton                                                                         
20 July 2010                                                                    
Sponsor                                                                         
Deutsche Securities SA (Pty) Ltd                                                
Date: 20/07/2010 09:30:01 Produced by the JSE SENS Department.                  
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