Scrip Dividend/Directors Deal

RNS Number:6423U
Anglo Pacific Group PLC
26 January 2004

Anglo Pacific Group plc ("the Company) announces that pursuant to the Scrip
Dividend Alternative that had been approved at the Extraordinary General Meeting
on 7 January 2004, it has allotted 207,870 Ordinary Shares of 2p each in the
Company.


The Company also announces that pursuant to the exercise of options under the
Anglo Pacific Unapproved Executive Share Option Scheme, it allotted, on 23
January 2004, 500,000 Ordinary Shares of 2p each in the Company to Mr Henry
Michaelis, Non-Executive Director, at an exercise price of 18p per share.


The above shares rank pari passu in all respects with the existing issued
ordinary shares in the Company. Application will be made to the UK Listing
Authority and to the London Stock Exchange for these shares to be admitted to
the Official List and to trading on the London Stock Exchange's Main Market for
listed securities and it is expected that dealings will commence on 30 January
2004.


The Company also announces that Mr Henry Michaelis, Non-Executive Director, sold
on 23 January 2004 205,000 shares in the Company at a price of 57p per share.
Following this notification and the exercise of options above his revised
beneficial interest in the Company has increased to 1,865,000 shares
representing approximately 2.13% of the issued ordinary share capital.







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