Shares Issued in lieu of Remuneration to Executive Directors

Anglo Pacific Group plc (“the Company”) (LSE: APF) (TSX: APY) announces that, as of December 8, 2010 and following the recommendation of the Remuneration Committee, it has issued 36,640 Ordinary Shares of 2p each in the Company at a price of 327.5p per share to the Executive Directors as part of their remuneration, subject to the approvals outlined below. The above shares rank pari passu in every respect with the existing issued ordinary shares in the Company. Application has been made to the Toronto Stock Exchange, the UK Listing Authority and the London Stock Exchange for these shares to be admitted to the Official List and to trading on the London Stock Exchange’s Main Market for listed securities. It is expected that dealings will commence on December 23, 2010.
Subject to receipt of the approvals aforementioned, for the purposes of the FSA’s Disclosure and Transparency Rules, the Company advises that its issued share capital comprises 108,525,353 ordinary shares of 2p each. The voting rights of all of these shares are identical with each share carrying the right to one vote. The Company holds no shares in Treasury. Therefore, the Company’s total number of voting rights is 108,525,353. The above figure (108,525,353) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Anglo Pacific Group plc under the Disclosure and Transparency Rules.
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