IRC Limited — Earnings Release 2013

Sep 27, 2013

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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(Incorporated in Hong Kong with limited liability) (Stock Exchange of Hong Kong Code: 1029)

IRC: 2013 IRON ORE PRODUCTION TARGET INCREASED

Friday, 27th September 2013: IRC Limited (‘‘IRC’’ or the ‘‘Company’’, together with its subsidiaries, the ‘‘Group’’; Stock Code 1029) announced today that it anticipates exceeding its 2013 iron ore production target. The annual target of 900,000 tonnes of iron ore is expected to be surpassed during the fourth quarter and the Company now anticipates an additional 9% production to 980,000 tonnes for the full year. Production of by-product ilmenite continues to operate at expanded capacity and is expected to be close to previous guidance of 160,000 tonnes for 2013.

Commenting on the achievement, Jay Hambro, Chairman of IRC said: ‘‘IRC is proud of its track record and for the third consecutive year we are aiming to beat our own targets. Ongoing improvements in production rates and efficiencies at the Kuranakh Mine should enable us to beat our own forecasts by almost ten percent this year.’’

By Order of the Board G. JAY HAMBRO Executive Chairman

Hong Kong, People’s Republic of China 27th September, 2013

As at the date of this announcement, the Executive Directors of the Company are Mr G. Jay Hambro, Mr Yury Makarov, and Mr Raymond Kar Tung Woo. The Non-Executive Directors are Mr Simon Murray, CBE, Chevalier de la Légion d’Honneur, Mr Cai Sui Xin and Mr Liu Qingchun. The Independent Non-Executive Directors are Mr Daniel Bradshaw, Mr Jonathan Martin Smith and Mr Chuang-Fei Li.

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IRC Limited 6H, 9 Queen’s Road Central, Hong Kong Tel: +852 2772 0007 Fax: +852 2772 0329 Email: ir@ircgroup.com.hk Website: www.ircgroup.com.hk

For further information please visit www. ircgroup.com.hk or contact:

Nicholas Bias Shirly Chan Head of Communications Investor Relations Co-ordinator Telephone: +852 2772 0007 Telephone: +852 2772 0007 Mobile: +852 9088 1029 Mobile: +852 6623 3450 Email: nb@ircgroup.com.hk Email: sc@ircgroup.com.hk

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