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Wed 19 Mar 2008, 9:10 AFE / AEA - African Eagle Resources plc - Directors dealing
AEA
 AEA                                                                             
AFE / AEA - African Eagle Resources plc - Directors dealing                     
African Eagle Resources plc                                                     
(Incorporated in England and Wales, registered number 3912362)                  
AIM share code: AFE          AIM ISIN: GB0003394813                             
JSE share code: AEA           JSE ISIN: GB0003394813                            
DIRECTOR`S DEALING                                                              
African Eagle Resources plc ("African Eagle", "AFE" or "the Company", ticker    
AIM: AFE, AltX: AEA) has been notified today by Mark Parker, Managing Director, 
that he has today sold to his Self-Invested Personal Pension ("SIPP") 1,066,680 
ordinary shares in the Company ("Ordinary Shares") at 7.5 pence per share. Mr   
Parker`s notifiable and beneficial interests in the share capital of the Company
remain unchanged.                                                               
Bevan Metcalf                                                                   
Company Secretary                                                               
African Eagle Resources plc                                                     
19 March 2008                                                                   
For further information, see the Company`s web site www.africaneagle.co.uk or   
contact one of the following:                                                   
Mark Parker                                                                     
Managing Director                                                               
+44 20 7248 6059                                                                
+44 77 5640 6899                                                                
Nicola Marrin                                                                   
Seymour Pierce Limited                                                          
Nominated Adviser                                                               
+ 44 20 7107 8000                                                               
About African Eagle                                                             
African Eagle is a mineral exploration and development company operating in     
eastern and central Africa.  The Company`s principal advanced projects are the  
Mkushi Copper Mines project in Zambia and the Miyabi gold project in Tanzania,  
which are being prioritised towards production. The Company also holds a large  
well-balanced portfolio of promising earlier stage gold and base metal projects,
including the Ndola copper project and the Eagle Eye iron-oxide copper gold     
project.                                                                        
African Eagle`s projects are in Zambia, Tanzania and Mozambique, countries which
all have highly prospective geology, relatively low above-ground risks and track
records of successful major investments in the metals and minerals industries.  
African Eagle specialises in project generation and exploration and has a highly
motivated team, proven management and an experienced board. To take its         
discoveries into production, it seeks to sign up industry partners with records 
of successful mine development. These joint ventures and, in time, the revenue  
from advanced projects, will finance future exploration and new discoveries.    
Date: 19/03/2008 09:10:30 Produced by the JSE SENS Department.                  
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