Further to Change in Directors' shareholding

African Eagle announces that further to the announcement made earlier today, Paul Colucci's disposal of 14,285,714 Ordinary Shares of 0.1 pence each in the issued share capital of the Company (representing approximately 1.64%), which was anticipated to complete today, has not completed and will complete as soon as practicable.

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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