FOCUS MINERALS LTD — M&A Activity 2011

Sep 27, 2011

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28 September 2011

Company Announcements Office ASX Limited Level 8 Exchange Plaza 2 The Esplanade Perth WA 6000

Focus Minerals Ltd (Focus, ASX: FML) - off-market takeover bid for Crescent Gold Limited (Crescent, ASX: CRE)

We refer to Focus’ off-market takeover bid for all of the fully paid ordinary shares in Crescent (Offer). Focus has today varied the Offer by extending the period during which the Offer remains open for acceptance until 7:00pm (AEST) on 5 October 2011 . The Offer was previously scheduled to close at 7:00pm (AEST) on 28 September 2011.

We attach copies of the following documents relating to the extension of the Offer:

• (a) a notice of variation under section 650D(1) of the Corporations Act 2001 (Cth) (Corporations Act); and

• (b) a notice under section 630(2)(b) of the Corporations Act specifying 28 September 2011 as the new date for notifying the status of conditions to the Offer.

A copy of the notice of variation was today lodged with the Australian Securities and Investments Commission and sent to Crescent and each person to whom the Offer was made. A copy of the notice of the new date for notifying the status of conditions has also been sent to Crescent today.

Yours faithfully

On behalf of

FOCUS MINERALS LIMITED

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Jon Grygorcewicz Company Secretary

Encl.

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