Metro Mining Limited (ASX: MMI) (MMI or the Company) announces it has decided to cease the operating season at the Bauxite Hills Mine due to the closing in of a significant weather system on the Gulf of Carpentaria resulting in forecasted strong North Westerly winds and waves posing risks to the trans-shipping activities. This is for the safety of personnel and assets. The Company would normally close down operations around this time of the year, however, intentions had been to load a further 19th Capesize vessel for the April to January season. This will now not occur. MMI was on track to meeting its guidance of 3.6 to 3.7 MWMT sales for the calendar year, however this earlier season end plus almost 5 days lost in the last 2 weeks to the failure of significant components on the TSA Skardon, Floating Crane barge, has resulted in the total shipments being 3.41 MWMT.

This is a disappointing outcome, however, this shipment achievement is still a calendar year record for MMI. Further updates will be provided as required and during the quarterly report.

Contact:

T: +61 (0) 7 3009 8000

E: info@metromining.com.au

W: www.metromining.com.au

FORWARD LOOKING STATEMENT

This announcement contains certain 'forward-looking statements' within the meaning of the securities laws of applicable jurisdictions. Forward- looking statements can generally be identified by the use of forward-looking words such as 'may,' 'should,' 'expect,' 'anticipate,' 'estimate,' 'scheduled' or 'continue' or the negative version of them or comparable terminology. Any forecasts or other forward-looking statements contained in this announcement are subject to known and unknown risks and uncertainties and may involve significant elements of subjective judgment and assumptions as to future events which may or may not be correct. There are usually differences between forecast and actual results because events and actual circumstances frequently do not occur as forecast and these differences may be material. Metro does not give any representation, assurance or guarantee that the occurrence of the events expressed or implied in any forwardlooking statements in this announcement will actually occur and you are cautioned not to place undue reliance on forward-looking statements

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