Wah Nam International Holdings Limited

Ferraus Limited (ASX:FRS) (PINK:FRRAF) notes the announcement by Wah Nam International Holdings Limited (HKG:0159) on 10 June 2011 that it has declared its off-market takeover offer for Brockman Resources Limited (ASX:BRM) will not be extended beyond 15 June 2011. FerrAus also notes Brockman's response welcoming the conclusion of the Wah Nam bid.

On 10 November 2010, Wah Nam International Holdings Limited (HKG:0159) (ASX:WNI) announced its intention to make an unsolicited takeover offer (Offer) for FerrAus Limited (ASX:FRS), via a wholly owned subsidiary. On the same day, Wah Nam also announced its intention to make a simultaneous, unsolicited offer for Brockman Resources Limited (ASX:BRM).

FerrAus Limited (ASX:FRS) (PINK:FRRAF) update on its A$35 million Placement Settlement with Wah Nam International Australia Pty Ltd, a wholly owned subsidiary of Wah Nam International Holdings Limited (HKG:0159).

FerrAus Limited (ASX:FRS) (PINK:FRRAF) update the market in respect of developments relating to the takeover offer by Wah Nam International Australia Pty Ltd, a wholly owned subsidiary of Wah Nam International Holdings Limited (HKG:0159) and its implications on the FerrAus' A$35 million Placement which was due to settle today.

An Extraordinary General Meeting of shareholders in FerrAus Limited (ASX:FRS) (PINK:FRRAF) today approved a resolution to allow a proposed capital raising of up to A$35 million.

FerrAus Limited (ASX:FRS) (PINK:FRRAF) is pleased to release the letter to shareholders.

FerrAus Limited (ASX:FRS) (PINK:FRRAF) today announced that it has agreed to appoint Mr Cliff Lawrenson as Chief Executive Officer and Managing Director, subject to shareholders appointing him as a director of FerrAus and approving certain elements of his proposed remuneration package.

FerrAus Limited (ASX:FRS) (PINK:FRRAF) will shortly despatch a Notice of Meeting seeking shareholder approval at an Extraordinary General Meeting to be held on Monday 24 January 2011 for a proposed capital raising of up to A$35 million.

As previously communicated, FerrAus Limited (ASX:FRS) (PINK:FRRAF) received an unsolicited takeover offer from a wholly owned subsidiary of its major shareholder Wah Nam International Holdings Limited (HKG:0159) on 10 November 2010.

FerrAus Limited (ASX:FRS) (PINK:FRRAF) advises that it has received an unsolicited, conditional proposal from a wholly owned subsidiary of Wah Nam International Holdings Limited (HKG:0159) to acquire all of the ordinary shares of FerrAus not currently held by Wah Nam, by way of an off market takeover offer.