Fortescue Metals : Dividend Reinvestment Plan Allocation Price (5)

21 September 2016

The Companies Officer

Australian Securities Exchange Ltd Level 40, Central Park

152-158 St Georges Terrace Perth WA 6000

Dear Sir or Madam,

DIVIDEND REINVESTMENT PLAN ALLOCATION PRICE

On 22 August 2016 Fortescue Metals Group Ltd (ASX: FMG, Fortescue) announced a 2016 final dividend of A$0.12 per share with a Record Date of 5 September 2016 payable on 4 October 2016.

The allocation price for shares to be issued to participants in the Dividend Reinvestment Plan (the Plan) for the 2016 final dividend is $4.8415.

The allocation price has been calculated in accordance with the Plan rules as the average of the daily volume weighted average market price of all Fortescue shares, traded on the Australian Securities Exchange during the period of ten trading days commencing on the second trading day after the Record Date.

Shares are expected to be issued to participants on 4 October 2016.

Yours sincerely

Fortescue Metals Group

Ian Wells

Company Secretary Media contact:

Luke Forrestal

M: + 61 427 938 094; E: [e-mail]

Fortescue Metals Group Limited ABN 57 002 594 872 ACN 002 594 872 ADDRESS Level 2, 87 Adelaide Terrace, East Perth, Western Australia 6004 TEL [phone] FAX [phone] EMAIL [e-mail]