Shareholding update - Anglo Pacific

African Eagle Resources plc

TR1 Announcement - Anglo Pacific Shareholding Increases

African Eagle Resources plc ("African Eagle" or "the Company", ticker AIM: AFE;
AltX: AEA) was notified on December 17, 2010 that on December 16, Anglo Pacific
Group PLC (ticker AIM: APF), increased its shareholding in the Company to
23,075,000 ordinary shares which represents approximately 6% of the total voting
rights of the Company.

The above notification was made by Anglo Pacific Group PLC pursuant to the FSA's
Disclosure and Transparency Rules.

Bevan Metcalf
Company Secretary


For further information on African Eagle, see the Company's web site
www.africaneagle.co.uk or contact one of the following:

Mark Parker
Managing Director
African Eagle
44 20 7248 6059
44 77 5640 6899

Nicola Marrin / Jeremy Stephenson
Seymour Pierce Limited, London
Nominated Adviser
44 20 7107 8000

David Banks
Seymour Pierce Limited, London
Corporate Broking
44 20 7107 8000

Guy Wilkes
Ocean Equities Limited, London
Corporate Broking
44 20 786 4370

Charmane Russell / Marion Brower
Russell & Associates, Johannesburg
27 11 8803924
27 82 8928052

Ed Portman / Leesa Peters
Conduit PR, London
44 20 7429 6607
44 77 3336 3501








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Source: African Eagle Resources PLC via Thomson Reuters ONE

[HUG#1474221]


Unternehmen: African Eagle Resources PLC - ISIN: GB0003394813