5 Hello Team, Please find attached staff update for the attention of the general workforce. Kindly share with your respective teams including those on garden leave. MEMO ATTENTION: All Staff FROM: Gibril Bangura, Executive Chairman and Acting Chief Executive Officer Since the Mining Operations were placed in care and maintenance in December last year, we have been in continued negotiations with our internal shareholders regarding the way forward. We will continue to inform you of any changes to these positions as and when they occur. In the meantime, we are closely monitoring some encouraging developments in the downward trends of infection rates in the Ebola crisis across the country. This has been confirmed in a recent nationwide statement by His Excellency the President of Sierra Leone. We therefore remain hopeful of an improved iron ore price on the world market. The company also wishes to thank you all for your continued support and patience while we seek sustainable solutions to our current circumstances. ==END==
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