AFRICAN EAGLE RESOURCES PLC - TR-1: Notification of major interest in shares - Correction

TR-1: Notification of major interest in shares - Correction

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)


TR-1: Notification of major interest in shares - CORRECTION


1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: African Eagle Resources PLC

2. Reason for the notification:
- A disposal of voting rights
- A disposal of instruments with similar economic effect to qualifying financial instruments

3. Full name of person(s) subject to the notification obligation: International Finance Corporation

4. Full name of shareholder(s) (if different from above): n/a

5. Date of the transaction and date on which the threshold is crossed or reached: 22 July 2013

6. Date on which issuer notified: 23 July 2013

7. Threshold(s) that is/are crossed or reached: Below 3%

8. Notified details:

A. VOTING RIGHTS ATTACHED TO SHARES

	Class/type of shares (if possible using the ISIN CODE): GB0003394813

	Situation previous to the triggering transaction	
	- Number of Shares: 78,009,570
	- Number of Voting Rights: 78,009,570

	Resulting situation after the triggering transaction

	Number of shares 
	- Direct: 0

	Number of voting rights	
	- Direct: 0
	- Indirect: 0

	% of  voting rights
	- Direct: 0%
	- Indirect: 0%

B. QUALIFYING FINANCIAL INSTRUMENTS

	Resulting situation after the triggering transaction

	Type of financial instrument: n/a

	Expiration date: n/a

	Exercise/Conversion Period: n/a

	Number of voting rights that may be acquired if the instrument is exercised/ converted: n/a

	% of voting rights: n/a

C. FINANCIAL INSTRUMENTS WITH SIMILAR ECONOMIC EFFECT TO QUALIFYING FINANCIAL INSTRUMENTS

	Resulting situation after the triggering transaction

	Type of financial instrument: Share warrants
	Exercise price: £0.102
	Expiration date: 27 January 2016
	Exercise/Conversion period: n/a
	Number of voting rights instrument refers to: 0
	% of voting rights:
	- Nominal: 0%
	- Delta: 0%

TOTAL (A+B+C):
- Number of voting rights: 0	
- Percentage of voting rights:0%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: n/a

Proxy Voting:
10. Name of the proxy holder: n/a

11. Number of voting rights proxy holder will cease to hold: n/a

12. Date on which proxy holder will cease to hold voting rights: n/a

13. Additional information: n/a

14. Contact name: Grace Chan

15. Contact telephone number: +1 (202) 458-1099


JSE Sponsor
Merchantec Capital

24 July 2013


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