Western Manganese Limited (ASX:WMN) Letter to Shareholders

Perth, June 29, 2011 AEST (ABN Newswire) - Western Manganese Limited (ASX:WMN) lodged a prospectus for a one (1) for two (2) non-renounceable entitlements issue ("Entitlements Issue") to its shareholders to raise up to A$174,890 through the issue of up to 17,489,002 Options ("New Options") to subscribe for fully paid ordinary shares in Western Manganese. The New Options are exercisable at twenty (20) cents each on or before 30 June 2013.

All Shareholders registered at 5:00pm WST on 6 July 2011 will be entitled to participate in a non-renounceable entitlements issue of New Options on the basis of one (1) New Option for every two (2) shares then held. Generally, shares purchased on market in the period from 30 June 2011 to 6 July 2011 are NOT entitled to participate in the entitlement issue. If you have any doubt, please consult your sponsoring broker.

The New Options will be issued at a cost of one (1) cent per New Option. The latest trading price on ASX of the ordinary fully paid shares prior to the date of this letter was 12 cents on 28 June 2011.

All shareholders whose registered address is in Australia and New Zealand are eligible to participate. Shareholders whose registered address is outside of Australia or New Zealand are not entitled to participate in the offer.

Full details of the issue are contained in the Prospectus dated 27 June 2011, which was lodged with the Australian Securities & Investments Commission and the Australian Stock Exchange Limited on Wednesday, 27 June 2011. The Prospectus is available on ASX's website and the Company's website at http://www.westernmanganese.com.

The Prospectus together with an Entitlement and Acceptance Form will be mailed to all eligible shareholders on or about 7 July 2011. Other key dates which shareholders should note are as follows:

- 30 June 2011: Ordinary Shares trade ex-Entitlements on ASX

- 6 July 2011: Record date for determining Entitlements

- 22 July 2011: Closing date for acceptances

- 2 August 2011: Expected date for allotment of New Options

Application for New Options under the Entitlements Issue may only be made by completing the Entitlement and Acceptance Form which accompanies the Prospectus. Shareholders eligible to participate in the Entitlements issue should read the Prospectus carefully. For further information on the Western Manganese Entitlements Issue you should contact your professional adviser.

Contact

Mr Colin Locke Executive Chairman Western Manganese Limited Office: +61-8-9421-7777 Email: locke@westernmanganese.com