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Fri 11 Jan 2013, 9:00 AFRICAN EAGLE RESOURCES PLC - Block Listing Review
AEA 201301110006A
Block Listing Review

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”)


BLOCK LISTING REVIEW




 Name of scheme:                                         Employee Share Option Scheme
 Period of return:                                       11 July 2012 – 11 January 2013
 Balance under scheme from previous return:              5,000,000
 The amount by which the block scheme has been           Nil
 increased, if the scheme has been increased since
 the date of the last return:
 Number of securities issued/allotted under scheme       Nil
 during period:
 Balance under scheme not yet issued/allotted at         5,000,000
 end of period:
 Number and class of securities originally listed and    5,000,000 ordinary shares of 1p on 11 July 2011
 the date of admission:
 Total number of securities in issue at the end of the   694,014,407
 period:


For further information please contact:

African Eagle Resources plc
Trevor Moss (CEO)
Alex Buck
+ 44 20 7248 6059

Canaccord Genuity Limited
Rob Collins or Andrew Chubb
+ 44 20 7523 4601

Ocean Equities Limited
Guy Wilkes
+ 44 20 7786 4370

Russell & Associates, Johannesburg
Charmane Russell
Marion Brower
+ 27 11 880 3924

Sponsor
Merchantec Capital

11 January 2013

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