FOCUS MINERALS LTD — M&A Activity 2013

Apr 22, 2013

ASX ANNOUNCEMENT

23 April 2013

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FOCUS CLOSES THE SUCCESSFUL TAKEOVER OF FOCUS LAVERTON

Focus Minerals Ltd (“Focus”) [ASX: FML] is pleased to announce that at 7.00pm (Melbourne time) on Monday, 22 April 2013, the unconditional recommended off-market takeover offer by Focus announced on 15 March 2013 for all of the remaining Focus Minerals (Laverton) Limited (“Focus Laverton”) shares it did not currently own (“Offer”) closed.

Focus has received acceptances for the Offer which give Focus a total relevant interest in Focus Laverton of 99.185%.

Issue of Focus shares under the Offer

Focus intends to commence issuing the new Focus shares to Focus Laverton holders who have validly accepted the Offer (and who are not Ineligible Foreign Shareholders as defined in Focus' bidder's statement dated 19 March 2013) from Friday, 26 April 2013.

Issue of Focus shares following compulsory acquisition

Focus announced on 2 April 2013 that it would commence the compulsory acquisition process under the Corporations Act to acquire all outstanding shares it has not acquired under the Offer. Focus Laverton shareholders whose shares are compulsorily acquired will receive their consideration at the end of the compulsory acquisition period, which is likely to be approximately four weeks from today.

For further information please contact:

Don Taig Acting Chief Executive Officer Focus Minerals Ltd Phone: +61 (0)8 9215 7888

Hartleys Limited Grey Egerton-Warburton Head of Corporate Finance Phone: +61 (0)8 9268 2888

Michael Mullane

Media Relations Cannings Communications Phone: +61 (0)2 8284 9990

Neil Le Febvre

Investor Relations Manager Focus Minerals Ltd Phone: +61 (0)8 9215 7888

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