AEA - African Eagle Resources Plc - Change of adviser

AEA - African Eagle Resources Plc - Change of adviser                           
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)                                  
Change of Adviser                                                               
African Eagle Resources plc ("African Eagle" or the "Company", AIM: AFE and     
AltX: AEA), is pleased to announce the appointment of Canaccord Genuity Limited 
as Nominated Adviser and Broker to the Company with immediate effect.           
Sponsor                                                                         
Merchantec Capital                                                              
1 March 2011                                                                    
For further information about the Company, see the Company`s website            
www.africaneagle.co.uk or contact one of the following:                         
Bevan Metcalf - Managing Director /                                             
Euan Worthington - Chairman                                                     
African Eagle Resources plc                                                     
+44 20 7248 6059                                                                
+44 77 5640 6899                                                                
Andrew Chubb                                                                    
Canaccord Genuity Limited                                                       
Nominated Adviser and Co-Broker                                                 
+44 20 7050 6500                                                                
Guy Wilkes                                                                      
Ocean Equities Limited                                                          
Co-broker                                                                       
+44 20 7786 4370                                                                
Sandra Spencer                                                                  
PR/IR Advisor                                                                   
African Eagle                                                                   
+44 7557 660 798                                                                
Charmane Russell / Marion Brower                                                
Russell & Associates, Johannesburg                                              
+27 11 880 3924                                                                 
+27 82 895 0698                                                                 
Date: 01/03/2011 14:00:01 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.