Extract from Ferro-Alloy Resources Limited's shareholder registers as at January 1, 2020

/KASE, January 13, 2020/ – Central Securities Depository provided to Kazakhstan Stock Exchange (KASE) an extract from the shareholder registers of Ferro-Alloy Resources Limited (St. Peter Port, hereinafter – the Company)as at January 1, 2020. According to the mentioned extract: - the total number of authorized common shares of the Company makes up 312,978,848 pieces; - all authorized shares of the Company are outstanding; - persons each holding five or more percent of the total outstanding shares of the Company are: ------------------------------------------------------------------------------- Total stake in total number of Common shares, company Names units offered shares, % ------------------------------------------ ----------------- ------------------ A.Kuznetsov 70,184,000 22.42 Nicholas John Bridgen (Altea, Spain) 64,738,800 20.68 Citadel Equity Fund Ltd (Cayman Islands) 41,913,600 13.39 ------------------------------------------------------------------------------- [2020-01-13]