OM : (OMM) DOCA effectuated and Deed Administration terminated

OM HOLDINGS LIMITED

(ARBN 081 028 337)

No. of Pages Lodged: 2 24 August 2016

ASX Market Announcements ASX Limited

4th Floor

20 Bridge Street

SYDNEY NSW 2000

Dear Sir/Madam

OM (MANGANESE) LIMITED ACN 097 091 506 ("COMPANY") DEED OF COMPANY ARRANGEMENT EFFECTUATED AND DEED ADMINISTRATION TERMINATED

On 4 January 2016, James Thackray was appointed as voluntary administrator of the Company pursuant to section 436A(1) of the Corporations Act 2001 (Cth) (Act).

On 27 June 2016, the second meeting of creditors of the Company was held pursuant to section 439A(1) of the Act at which it was resolved, amongst other things, that the Company execute a deed of company arrangement (DOCA) pursuant to Part 5.3A of the Act and that James Thackray be appointed as the deed administrator of the DOCA.

The DOCA, which was executed on 12 July 2016, was effectuated on 24 August 2016 and the deed administration of the Company has consequently terminated in accordance with the DOCA terms. Day to day management and control of the Company has now reverted to its directors.

Yours faithfully

OM HOLDINGS LIMITED

Heng Siow Kwee/Julie Wolseley

Company Secretary

#08 - 08, Parkway Parade 1

80 Marine Parade Road, 449269 Singapore

Tel: [phone] Fax: [phone]

Email address: [e-mail] Website: www.omholdingsltd.com ASX Code: OMH

BACKGROUND PROFILE OF OM HOLDINGS LIMITED

OMH Holdings Limited ("OMH") was listed on the ASX in March 1998 and has its foundations in metal materials trading - incorporating the sourcing and distribution of manganese ore products.

OMH is involved in mining manganese product in Australia and South Africa and smelting in Sarawak, East Malaysia.

The smelter in Sarawak is 75% owned by OMH and physical construction of Phase 1 of the ferrosilicon production facility has been completed.

Having commenced construction in Q3 2012, first tapping was achieved on 22 September 2014. The facilities' capacity of 308,000 tonnes per annum will make it one of the largest ferrosilicon smelters in the world. Manganese Alloy production is under review and is expected to commence in 2016.

OMH, through a wholly owned subsidiary, owns the Bootu Creek manganese mine in the Northern Territory. This mine has the capacity to produce up to 1,000,000 tonnes of manganese product per annum.

OMH also owns a 26% investment in Main Street 774 (Pty) Limited, which, in turn owns 50.1% interest in the world class Tshipi Borwa ("Tshipi") manganese mine in South Africa. This mine has the capacity to produce up to 2,400,000 tonnes of manganese product per annum when the permanent processing plant is completed.

The manganese products of Bootu Creek, and those from Tshipi, are exclusively marketed through OMH's trading division, OM Materials (S) Pte Ltd, and OM Tshipi Pte Ltd (33.33% owned) respectively. Through all these activities OMH has established itself as a significant manganese supplier to the global market.

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