FerrAus Limited (ASX:FRS) Australian Competition Tribunal Ruling

Perth, July 5, 2010 AEST (ABN Newswire) - FerrAus Limited (ASX:FRS) (PINK:FRRAF) notes the Australian Competition Tribunal's decision of last week not to declare the Mt Newman and Hamersley railway lines.

FerrAus believes that for these railway lines, the ruling allows the railway owners to now focus on their obligations to provide ore haulage services under their respective State Rail Agreements.

It has always been FerrAus' preference to negotiate an ore haulage agreement with one of the owners of railway line infrastructure in the Pilbara, on the basis that this is a more efficient arrangement which enhances overall railway capacity.

FerrAus also welcomes the Western Australian Premier's actions to level the playing field for royalties and the support on a competitive environment based on the sensible sharing of railway infrastructure in the Pilbara.

Contact

Gareth Widger Investor/ Media FerrAus Limited Mob: +61-4-1991-8272 www.ferraus.com