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Preliminary Results for the year ended December 31, 2011 - Anglo Pacific Group

Anglo Pacific Group PLC (‘Anglo Pacific’, the ‘Group’) (LSE: APF) (TSX: APY) is pleased to announce preliminary results for the year ended December 31, 2011. Highlights: – Record royalty income for the year of Ł35.1 million, compared to Ł30.1 million for the year ended December 31, 2010 – Record royalty cash flow per share for the year ended December 31, 2011 of 33.11p (2010: 28.65p) – Strong cash position as at December 31, 2011 of Ł32.2 million (2010: Ł28.3 million), with no borrowings or hedging – Final dividend increased by 7.8% to 5.50p per share (2010: 5.10p), in line with progressive dividend policy. Total dividends for the year increased by 7.7% to 9.75p per share (2010: 9.05p) – Following El Valle entering production in June 2011, the Group has four producing royalties – Continued diversification of the Group’s royalty portfolio during the year with the acquisition of two royalties in iron ore and chromite and an option to acquire a nickel royalty – The Group will own a total of 20 royalty interests, following the completion of its agreement to acquire an iron ore royalty announced in February 2012 Peter Boycott, Chairman of Anglo Pacific, commented: “We are pleased to announce a record year for our royalty income, as Anglo Pacific continues to make progress with its strategy of developing a leading portfolio of royalties. During the year we have increased and diversified our portfolio with three new royalties, further delivering on our stated strategy. The agreement to acquire an iron ore royalty after the period end supports our focus on commodities leveraged to Asian growth and we will look to utilise our record cash balance to fund new acquisitions. The Board remains committed to offering significant long term returns to our shareholders and is pleased to be able to propose a 7.8% increase in the final dividend.” For a full copy of this release together with the Chairman’s Review and accompanying financial statement click here. Results Presentation and Audio Webcast: There will be a results presentation for analysts on February 22, 2012 at 9:30 GMT at the London Stock Exchange. In addition, there will be an audio webcast available on the Group’s website, after the results presentation. Click here to register