AFRICAN EAGLE RESOURCES PLC - Major interest in shares

Major interest in shares

African Eagle Resources plc
Incorporated in England and Wales
(Registration number 3912362)
(AIM share code: AFE AIM ISIN: GB0003394813)
(JSE share code: AEA JSE ISIN: GB0003394813)
(“African Eagle” or the “Company”)


Major Interest in Shares


African Eagle announces that the Company has today been notified that on 9 April 2014 Salkeld
Investments Limited, a company wholly owned by Nick Clarke, sold 140,937,440 ordinary shares of
0.1 pence each in the issued share capital of the Company (“Ordinary Shares”) at a price of 0.225p
per Ordinary Share (“Disposal”) to Shoreline Energy International Limited (“Shoreline”).

Name                 Number of            % of issued       Number of              % of issued share
                     Ordinary Shares      share capital     Ordinary Shares        capital following
                     held prior to the    prior to the      held following the     the Disposal (%)
                     Disposal             Disposal (%)      Disposal

Nick Clarke*         228,057,332          26.18             87,119,892             10.00
Shoreline            nil                  nil               140,937,440            16.18
*The table above shows Nick Clarke’s total beneficial shareholding in the Company before and after
the Disposal held by Salkeld Investments Limited.

Mr Kola Karim has an interest in and is Group Managing Director and Chief Executive Officer of
Shoreline Energy International.

For further information please visit www.africaneagle.co.uk or contact the following:

Enquiries:
African Eagle Resources plc                                 Tel: +44 (0) 20 7002 5361
Robert McLearon, Managing Director

Beaumont Cornish Limited (Nominated Adviser)                Tel: +44 (0) 207 628 3396
Roland Cornish
Emily Staples

Pareto Securities Limited (Broker)                          Tel: +44 (0) 20 7786 4370
Guy Wilkes

JSE Sponsor
Merchantec Capital

10 April 2014

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.

Date: 10/04/2014 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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