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 Ordinary Shares held prior to the Purchase % of issued share capital prior to the Purchase (%) Number of Ordinary Shares held following the Purchase % of issued share capital following the Purchase (%)
Coburg Group plc 95,580,999 10.97 98,080,999 11.26

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



This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: African Eagle Resources PLC via Globenewswire
HUG#1785354
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