TR-1: Notification of 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”) TR-1: Notification of major interest in shares Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: African Eagle Resources plc: Reason for the notification: - An acquisition or disposal of voting rights Full name of person(s) subject to the notification obligation: Vestra Wealth LLP Full name of shareholder(s): Vestra Nominees Ltd Date of the transaction and date on which the threshold is crossed or reached: 1 September 2013 Date on which issuer notified: 3 September 2013 Threshold(s) that is/are crossed or reached: 3% Notified details: Voting rights attached to shares Class/type of shares if possible using the ISIN CODE: Ordinary GB000339481 Situation previous to the triggering transaction - Number of shares: 25480654 - Number of voting rights: 25480654 Resulting situation after the triggering transaction Number of shares - Direct: 15480654 Number of voting rights - Direct: 15480654 - Indirect: 0 % of voting rights - Direct: 2.23% - Indirect: 0 Total: Number of voting rights: 15480654 Percentage of voting rights: 2.23% Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: - Held by Vestra Nominees Ltd that is a wholly owned subsidiary of Vestra Wealth LLP. Contact name: Sylvia Watson Contact telephone number: 020 3207 8408 JSE Sponsor Merchantec Capital 3 September 2013 Date: 03/09/2013 03:06:00 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.