African Eagle Resources PLC: Major Interest in Shares

14 May 2014

African Eagle Resources plc

("African Eagle" or the "Company")

Major Interest in Shares

African Eagle announces that the Company has today been notified that on 13 May
2014 Coburg Group plc purchased 2,500,000 ordinary shares of 0.1 pence each in
the issued share capital of the Company ("Ordinary Shares") at an average price
of 0.239p per Ordinary Share.


Name Number of % of issued Number of % of issued
Ordinary Shares share capital Ordinary Shares share capital
held prior to prior to the held following following the
the Purchase Purchase (%) the Purchase Purchase (%)



Coburg Group 95,580,999 10.97 98,080,999 11.26
plc


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

Enquiries:

African Eagle Resources plc Tel: +44 (0) 20 7002 5361
Robert McLearon, Managing Director



Beaumont Cornish Limited (Nominated Adviser) Tel: +44 (0) 207 628 3396

Roland Cornish
Emily Staples


Pareto Securities Limited (Broker) Tel: +44 (0) 20 7786 4370
Guy Wilkes




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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Source: African Eagle Resources plc via GlobeNewswire
[HUG#1785354]