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Tue 1 Feb 2011, 17:02 AEA - African Eagle Resources plc - MWB Limited Increases Shareholding
AEA
AEA                                                                             
AEA - African Eagle Resources plc - MWB Limited Increases Shareholding          
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)                                  
MWB Limited Increases Shareholding                                              
African Eagle Resources plc ("African Eagle" or "the Company", ticker AIM: AFE; 
AltX: AEA) was notified on January 31, 2011, that on that date, MWB Limited,    
increased its shareholding in the Company to 41,230,761 ordinary shares which   
represents approximately 10.08% of the total voting rights of the Company.      
The above notification was made by MWB Limited pursuant to the FSA`s Disclosure 
and Transparency Rules.                                                         
Bevan Metcalf                                                                   
Company Secretary                                                               
Sponsor                                                                         
Merchantec Capital                                                              
1 February 2011                                                                 
For further information about the Company, see the Company`s web site           
www.africaneagle.co.uk or contact one of the following:                         
Bevan Metcalf                                                                   
Finance Director                                                                
African Eagle Resources plc, London                                             
+ 44 20 7248 6059                                                               
Jeremy Stephenson                                                               
Nicola Marrin                                                                   
Seymour Pierce Limited, London                                                  
Nominated Adviser and Co-broker                                                 
+ 44 20 7107 8000                                                               
Guy Wilkes                                                                      
Ocean Equities Limited, London                                                  
Co-broker                                                                       
Charmane Russell / Marion Brower                                                
Russell & Associates, Johannesburg                                              
+ 27 11 880 3924                                                                
+ 27 82 892 8052                                                                
Date: 01/02/2011 17:02:42 Produced by the JSE SENS Department.                  
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