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 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: [phone]
Beaumont Cornish Limited (Nominated Adviser)	Tel: [phone]
Roland Cornish Emily Staples
Pareto Securities Limited (Broker) Guy Wilkes	Tel: [phone]

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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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