Mr. Julian Treger reports

INTERIM RESULTS FOR THE SIX MONTHS ENDED JUNE 30, 2014

Anglo Pacific Group PLC has released interim results for the six months ended June 30, 2014, which are available on both the group's website and on SEDAR.

Highlights:

• Interim dividend maintained at 4.45 British pence (2013 interim dividend: 4.45 British pence);
• Acquisition of Maracas royalty in June, 2014, and concurrent 10-million-British-pound equity placing;
• Cash balances at June 30, 2014, of 14.4 million British pounds (Dec. 31, 2013: 15.7 million British pounds) with no borrowings and undrawn facilities of $15-million (U.S.);
• Seven million British pounds in cash realized from non-core mining and exploration equity portfolio in the first half of 2014;
• 14.9 million British pounds residual portfolio market value at June 30, 2014 (Dec. 31, 2013: 20.1 million British pounds);
• Royalty income for the period of 2.6 million British pounds (first half 2013: 6.3 million British pounds, excluding two-million-British-pound EVBC conversion payment (restated));
• Loss per share of 20.84 British pence for the six months ended June 30, 2014 (June 30, 2013: loss per share of 25.29 British pence (restated)) largely due to valuation adjustments and the derecognition of deferred tax assets;
• Adjusted loss per share of 0.77 of a British penny (June 30, 2013: adjusted earnings per share of 5.56 British pence (restated));
• Net assets of 191.9 million British pounds at June 30, 2014 (Dec. 31, 2013: 216.9 million British pounds).

Postperiod-end:

• Sale of the group's Panorama coal licences with the retention of a royalty;
• Negotiation of information rights in relation to the group's Kestrel royalty.

Julian Treger, chief executive officer, commented: "Commodity prices of our core commodities endured a difficult year to date, which has impacted on both reported royalty income and asset valuations. Despite this, your board is pleased to announce a maintained interim dividend of 4.45 pence per share. This reflects our confidence in a long-term, albeit slower, global recovery in demand for raw materials coupled with the anticipated return of mining at Kestrel to the group's land in the second half of 2015 and the continuing expansion and diversification of our royalty portfolio as evidenced by the recent acquisition of the Maracas royalty."

    CONSOLIDATED INCOME STATEMENT FOR THE SIX MONTHS ENDED   
                        JUNE 30, 2014
  (in thousands of British pounds, except per share amounts)

                                        Six months ended
                                June 30, 2014       June 30, 2013

Royalty-related income                  2,581               8,342
Amortization of
royalty intangible assets                (380)               (455)
Operating expenses                     (1,928)             (1,459)
                                    ----------          ----------
Operating profit                          273               6,428
Gain (loss) on sale of mining 
and exploration interests               2,073              (4,888)
Impairment of mining and 
exploration interests                    (759)            (20,812)
Impairment of royalty intangible
assets                                 (4,500)                  -
Revaluation of coal royalties
(Kestrel)                             (18,055)            (11,322)
Revaluation of royalty
financial instruments                       -              (2,505)
Finance income                            183                 349
Finance costs                          (1,151)               (854)
Other income                            1,017                 761
                                    ----------          ----------
(Loss) before tax                     (20,919)            (32,843)
Current income tax charge                (838)               (859)
Deferred income tax (charge) credit    (1,291)              6,219
                                    ----------          ----------
(Loss) attributable to 
equityholders                         (23,048)            (27,483)
                                    ==========          ==========
Total and continuing (loss) per 
share (in British pence)
Basic and diluted (loss) per share     (20.84)             (25.29)

We seek Safe Harbor.