Major Interest in Shares

African Eagle announces that the Company was notified yesterday that on 15 May 2014 Anglo Pacific Group plc sold 17,500,000 ordinary shares of 0.1 pence each in the issued share capital of the Company ("Ordinary Shares").

Name Number of Ordinary Shares held prior to the Sale % of issued share capital prior to the Sale (%) Number of Ordinary Shares held following the Sale % of issued share capital following the Sale (%)
Anglo Pacific Group plc 30,550,000 3.51 13,050,000 1.5

For further information please visit www.africaneagle.co.uk or contact the following:

Enquiries:

African Eagle Resources plc
Robert McLearon, Managing Director 		Tel: +44 (0) 20 7002 5361
Beaumont Cornish Limited (Nominated Adviser) Tel: +44 (0) 207 628 3396
Roland Cornish
Emily Staples
Pareto Securities Limited (Broker)
Guy Wilkes 		Tel: +44 (0) 20 7786 4370  

About African Eagle
African Eagle Resources plc is quoted on the AIM Market of the London Stock Exchange (AFE) and Johannesburg AltX (AEA) stock exchanges. 

ENDS

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