Metro Mining : Non-Renounceable Entitlement Offer Revised Issue Date

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ASX ANNOUNCEMENT

24 March 2017

Non-Renounceable Entitlement Offer Revised Issue Date

Metro Mining Limited (ASX: MMI)(Metro) advises that new shares offered under its non- renounceable entitlement offer will now be issued on Monday, 27 March 2017, with ASX trading of the new shares expected to commence on Tuesday, 28 March 2017.

Further information

Should you have any queries in relation to the Entitlement Offer, please contact Metro Mining's Offer information line on 1300 560 339 (within Australia) and [phone] (outside Australia) on weekdays between 9.00am and 5.00pm (Sydney time).

This Anouncement is not for release or distribution in the United States.

ASX: MMI | ACN 117 763 443 For Further Information: P: [phone] | F: [phone]| E: [e-mail]

Contact: Simon Finnis, Managing Director | Scott Waddell, Company Secretary Electronic copies & more information available at: www.metromining.com.au

Registered Office & Head Office: Lvl 2, 247 Adelaide St, Brisbane | GPO Box 10955, Brisbane Q 4000

This announcement has been prepared for publication in Australia and may not be released or distributed in the USA. This announcement does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States or any other jurisdiction. Any securities described in this announcement have not been, and will not be, registered under the US Securities Act of 1933 (as amended) and may not be offered or sold in the United States except in transactions exempt from, or not subject to, registration under the US Securities Act and applicable US state securities laws.

ASX Announcement | 24 March2017 | Page 1