18 July 2017

The Companies Officer Australian Stock Exchange Ltd 2 The Esplanade

Perth WA 6000 Dear Sir/Madam

Fortescue response to media speculation on production

Fortescue Metals Group (ASX: FMG, Fortescue) advises the report in today's Australian newspaper is referring to the terms of the environmental approval being sought for the future Eliwana mine development. The environmental approvals referenced are based on estimated annual production of 30 Mtpa with infrastructure to be constructed to accommodate annual production rates up to 50 Mtpa.

This is consistent with normal approval processes and allows future flexibility. It does not reflect Fortescue's production guidance.

Fortescue determines its production rate in response to market demand and our customer needs and will continue to provide guidance consistent with our continuous disclosure obligations.

Fortescue Metals Group Ltd

Alison Terry

Company Secretary

Media contact:

Michael Vaughan

E: mediarelations@fmgl.com.au

M: 0422 602 720

Fortescue Metals Group Limited PO Box 6915

ABN 57 002 594 872 East Perth, Western Australia

Level 2, 87 Adelaide Terrace P +61 8 6218 8888 East Perth, Western Australia 6004 E fmgl@fmgl.com.au

Fortescue Metals Group Ltd. published this content on 18 July 2017 and is solely responsible for the information contained herein.
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