Communication with shareholders & Notice of AGM

African Eagle Resources plc ("African Eagle", "AFE" or "the Company", ticker
AIM: AFE, AltX: AEA) has today sent the communications detailed below to its
shareholders.

The Company advises all its shareholders and other interested parties that the
Annual Report and Accounts for the year ended 31 December 2009 will be available
on the Company's websitewww.africaneagle.co.uk <http://www.africaneagle.co.uk/>
from today, Thursday 20 May 2010.

To those shareholders who have opted to receive the Company's Annual Report and
Accounts for the year ended 31 December 2009 in printed form, a copy has been
sent by post today together with the Notice of the Company's Annual General
Meeting and a proxy-voting card.

Letter to shareholders who have opted to receive the Annual Report and Accounts
electronically.

Dear Shareholder

Please accept this letter as notification that the Company's Notice of Annual
General Meeting and Annual Report and Accounts for the year ended 31 December
2009, have now been published on the Company's website atwww.africaneagle.co.uk
<http://www.africaneagle.co.uk/>.

I have pleasure in attaching the Notice of this year's Annual General Meeting
which will be held at 2.00pm on 15 June 2010 at the Company's office at 2nd
Floor, 6-7 Queen Street, London, EC4N 1SP.  Also enclosed is your proxy-voting
card. Please ensure that you use this if you wish to register your votes, as
generic proxy cards are not available on the Company's website.

You will note that Resolution 7 set out in the Notice seeks to (i) abolish those
provisions of the Memorandum of Association of the Company which were, with
effect from 1 October 2009 deemed, by virtue of the Companies Act 2006, to form
part of the Articles of Association of the Company; and (ii) replace the
existing Articles of Association of the Company (the "Current Articles") with
new updated Articles of Association ("New Articles"). An explanatory note in
respect of the changes is now available on the website.
Copies of the New Articles and the Current Articles can be found on the
Company's website (www.africaneagle.co.uk <http://www.africaneagle.co.uk/>) or
can be obtained from the Company Secretary, African Eagle Resources plc, 2nd
Floor, 6-7 Queen Street, London, EC4N 1SP. Telephone: +44 207 248 6059.

We  would like to thank you for having consented to receive this information via
the  Company's website, as this will contribute  to cost savings for the Company
and  will minimise paper usage. If you require assistance while registering your
email  address, please telephone Capita Registrars on 0871 664 0391. If dialling
from overseas please call + 44 20 8639 3367.

Notice of Annual General Meeting
Please note that this document is important and requires your immediate
attention.  If you are in any doubt as to the action to be taken, please consult
an independent adviser immediately.

If you have sold or transferred or otherwise intend to sell or transfer all of
your holding of ordinary shares in the Company prior to the Annual General
Meeting of the Company on 15 June 2010 at 2.00pm, you should send this document,
together with the accompanying Form of Proxy, to the (intended) purchaser or
transferee or to the stockbroker, bank or other agent through whom the sale or
transfer was or is to be effected for transmission to the (intended) purchaser
or transferee.

Notice is hereby given that the Annual General Meeting of the Company will be
held at the Company's offices at 2nd Floor,  6-7 Queen Street, London, EC4N
1SP,  on 15 June 2010 at 2.00pm in order to consider and, if thought fit, pass
resolutions 1 to 5 as  Ordinary Resolutions and resolution 6 and 7  as a Special
Resolutions:-

Ordinary Resolutions
  * 1. To receive the Annual Report and Accounts for the year ended 31 December
    2009.


  * 2. To re-elect Mark Parker who is retiring by rotation under the Articles of
    Association as a director of the Company.
  * 3. To re-elect Geoffrey Cooper who is retiring by rotation under the
    Articles of Association as a director of the Company.


  * 4. To re-appoint Grant Thornton UK LLP as auditors and to authorise the
    directors to fix their remuneration.


  * 5. That, in accordance with section 551 of the Companies Act 2006 ("2006
    Act"), the Directors be generally and unconditionally authorised to allot
    shares in the Company or grant rights to subscribe for or to convert any
    security into shares in the Company ("Rights") up to an aggregate nominal
    amount of £296,762 provided that this authority shall, unless renewed,
    varied or revoked by the Company, expire at the end of the next Annual
    General Meeting of the Company to be held after the date on which this
    resolution is passed, save that the Company may, before such expiry, make an
    offer or agreement which would or might require shares to be allotted or
    Rights to be granted and the Directors may allot shares or grant Rights in
    pursuance of such offer or agreement notwithstanding that the authority
    conferred by this resolution has expired.


This  authority is in substitution for all previous authorities conferred on the
Directors  in accordance  with section  80 of the  Companies Act 1985 or section
551 of the 2006 Act.

Special Resolutions
  * 6. That, subject to the passing of resolution 5, the Directors be given the
    general power to allot equity securities (as defined by section 560 of the
    Companies Act 2006 ("2006 Act")) for cash, either pursuant to the authority
    conferred by resolution 5 or by way of a sale of treasury shares, as if
    section 561(1) of the 2006 Act did not apply to any such allotment, provided
    that this power shall be limited to:


  *   * the allotment of equity securities in connection with an offer by way of
        a rights issue to the holders of ordinary shares in proportion (as
        nearly as may be practicable) to their respective holdings but subject
        to such exclusions or other arrangements as the Board may deem necessary
        or expedient in relation to treasury shares, fractional entitlements,
        record dates, legal or practical problems in or under the laws of any
        territory or the requirements of any regulatory body or stock exchange;
        and


  *   * the allotment (otherwise than pursuant to sub-paragraph 6.1 above) of
        equity securities up to an aggregate nominal value equivalent to 10% of
        the Issued Share Capital of the Company;


The power granted by this resolution will expire on the conclusion of the
Company's next annual general meeting (unless renewed, varied or revoked by the
Company prior to or on such date) save that the Company may, before such expiry
make offers or agreements which would or might require equity securities to be
allotted after such expiry and the Directors may allot equity securities in
pursuance of any such offer or agreement notwithstanding that the power
conferred by this resolution has expired.

This resolution revokes and replaces all unexercised powers previously granted
to the Directors to allot equity securities as if either section 89(1) of the
Companies Act 1985 or section 561(1) of the 2006 Act did not apply but without
prejudice to any allotment of equity securities already made or agreed to be
made pursuant to such authorities.

  * 7. That:

  *   * 7.1 the Articles of Association of the Company be amended by deleting
        all the provisions of the Company's Memorandum of Association which, by
        virtue of section 28 of the Companies Act 2006, are to be treated as
        provisions of the Company's Articles of Association; and


  *   * 7.2 the Articles of Association produced to the meeting and initialled
        by the chairman of the meeting for the purpose of identification be
        adopted as the Articles of Association of the Company in substitution
        for, and to the exclusion of, the existing Articles of Association.


Explanatory Notes
Resolutions 5 and 6 will empower the directors to issue and allot shares for
cash or other consideration up to the limits stated, to existing or new
shareholders.

Resolution 7 will ensure that the Company's Articles comply with the Companies
Act 2006.

By order of the Board

Bevan Metcalf
Company Secretary

Registered Office:
2nd Floor
6-7 Queen Street
London
EC4N 1SP

29 April 2010

Notes:
1. As  a member of the  Company you are entitled  to appoint a proxy to exercise
all  or any of your rights to attend, speak and vote at a general meeting of the
Company.  You can  only appoint  a proxy  using the  procedures set out in these
notes.

2. Appointment  of a proxy does not preclude  you from attending the meeting and
voting  in  person.  If  you  have  appointed  a proxy and attend the meeting in
person, your proxy appointment will automatically be terminated.

3. A  proxy does  not need  to be  a member  of the  Company but must attend the
meeting  to represent  you. To  appoint as  your proxy  a person  other than the
Chairman  of the  meeting, insert  their full  name in  the box. If you sign and
return  this proxy form  with no name  inserted in the  box, the Chairman of the
meeting will be deemed to be your proxy. Where you appoint as your proxy someone
other  than the Chairman, you are responsible  for ensuring that they attend the
meeting  and are aware of your voting intentions. If you wish your proxy to make
any  comments on your  behalf, you will  need to appoint  someone other than the
Chairman and give them the relevant instructions directly.

4. You  may not appoint more  than one proxy to  exercise rights attached to any
one share.

5. To  direct your proxy how to vote on the resolutions mark the appropriate box
with  an 'X'. To abstain from voting  on a resolution, select the relevant "Vote
withheld"  box. A vote withheld is not a  vote in law, which means that the vote
will  not be counted in the calculation  of votes for or against the resolution.
If you give no voting indication, your proxy will vote or abstain from voting at
his  or her discretion. Your  proxy will vote (or  abstain from voting) as he or
she thinks fit in relation to any other matter which is put before the meeting.

6. To appoint a proxy you must:
  * Ensure that the attached proxy form is completed, signed and sent to
     African Eagle Resources plc, 2nd Floor, 6-7 Queen Street, London EC4N 1SP
    or;
  * Register electronically by logging onto www.capitaregistrars.com. Full
    details of the procedure are given on that website.
  * Your proxy appointment must be received by African Eagle Resources plc or
    Capita Registrars no later than 2.00pm 13 June 2010.


7. In the case of a member which is a company, the Form of Proxy must be
executed under its common seal or signed on its behalf by an officer of the
company or an attorney for the company.

8. Any power of attorney or any other authority under which this proxy form is
signed (or a duly certified copy of such power or authority) must be included
with the proxy form.

9. In the case of joint holders, where more than one of the joint holders
purports to appoint a proxy, only the appointment submitted by the most senior
holder will be accepted. Seniority is determined by the order in which the names
of the joint holders appear in the Company's register of members in respect of
the joint holding (the first-named being the most senior).

10. If you submit more than one valid proxy appointment, the appointment
received last before the latest time for the receipt of proxies will take
precedence.

11. You may not use any electronic address provided in this proxy form to
communicate with the Company for any purposes other than those expressly stated.


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