Sharenet Sites 
Sharenet Sites
AEA - African Eagle Resources Plc - Shareholding update - Anglo Pacific 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) Shareholding update - Anglo Pacific African Eagle Resources plc ("African Eagle" or "the Company", ticker AIM: AFE; AltX: AEA) was notified on March 14, 2011 that on March 11, 2011, Anglo Pacific Group plc (ticker AIM: APF), increased its shareholding in the Company to 29,075,000 ordinary shares which represents approximately 7.11% of the total voting rights of the Company. The above notification was made by Anglo Pacific Group plc pursuant to the FSA`s Disclosure and Transparency Rules. Bevan Metcalf Company Secretary Sponsor Merchantec Capital 15 March 2011 For further information on African Eagle, see the Company`s web site www.africaneagle.co.uk or contact one of the following: Bevan Metcalf African Eagle +44 20 7248 6059 Andrew Chubb/Bhavesh Patel Canaccord Genuity Limited +44 20 7050 6500 Guy Wilkes Ocean Equities Limited Charmane Russell/Marion Brower Russell & Associates, Johannesburg + 27 11 8803924 + 27 82 8928052 About African Eagle Since discovering a major nickel oxide deposit at Dutwa in Tanzania, African Eagle is in transition from an explorer into a nickel producer. The Company completed a positive scoping study on the Dutwa deposit in July 2009 and is now working towards a feasibility study. In addition to Dutwa, African Eagle is also evaluating a second promising nickel oxide at Zanzui, which is located 60 km from Dutwa. The Company holds a 49% interest in the Mkushi Copper Mines joint venture in Zambia, for which a draft feasibility study was completed in Q4 2008. It also holds a half million ounce gold resource at the Miyabi project in Tanzania, and a portfolio of gold and base metal exploration assets, including two projects in the Zambian Copperbelt. Date: 15/03/2011 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.
