ANGLO-AFRICAN MINERALS PLC - AGM Statement

                          ANGLO-AFRICAN MINERALS PLC

                             ("AAM" or "Company")

                               AGM ANNOUNCEMENT

The Annual General Meeting of Anglo-African Minerals plc ("AAM") was today held
at its head office in Cashel, Co Tipperary, Ireland. All the resolutions
contained in the Notice of AGM were duly passed.

Commenting on the progress of AAM during the last year, CEO James Lumley said:
"It has been a year of tremendous progress for AAM. We have now secured funding
for the Company to take us forward to the stage of preparing and completing the
maiden resource statements which will lead to a pre-feasibility study for the
FAR licence, 223, at Kindia. All samples from Kindia and from the Toubal
licence have now been analysed at ALS in Ireland with very encouraging results
and we are anticipating completion of the maiden JORC report by October this
year.

"This is substantial progress from where the Company stood at its AGM last year
and I am most grateful to all concerned. We remain extremely confident for the
future of Anglo-African Minerals."

For further enquiries:

Mr James Lumley
Chief Operating Officer
[e-mail]

Kelsey Traynor
Yellow Jersey PR
[e-mail]

Notes to Editors

Anglo African Minerals is a mineral exploration company focused on West Africa.
The Company's main objective is to explore and advance its Bauxite projects
located in Guinea. The Company owns the rights to 4 exploration bauxite
licences with a potential resource of 3 billion tonnes. Its focus is to achieve
near term production whilst developing other assets.

It has four licences: Toubal, Mintep, Far and Somalu. Somlau and Far are the
projects closest to production with bauxite estimated to be exported by 2016.

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