Mr. Mike Blyth reports

ANGLO PACIFIC GROUP PLC ANNOUNCES SCRIP DIVIDEND CIRCULAR RELEASED

A circular has been sent to shareholders in relation to the scrip dividend alternative, approved by shareholders at Anglo Pacific Group PLC's annual general meeting on June 11, 2014. The scrip dividend alternative provides shareholders on the register on Nov. 28, 2014, the option to take the interim dividend of 4.45 pence per share for the year ending Dec. 31, 2014, in new ordinary shares instead of cash.

Under the terms of the scrip dividend alternative, shareholders who elect to receive the interim dividend in the form of new ordinary shares will receive one new ordinary share for every 1.089 British pounds of cash dividend otherwise payable. The scrip dividend alternative is subject to the condition that if on Jan. 14, 2015, the ordinary share price is equal to or less than 92 pence, the scrip dividend alternative will automatically be cancelled and a cash dividend paid as if the offer and elections pursuant to it had not been made. Forms of election must be returned by 5 p.m. on Jan. 14, 2015.

The company has been notified that persons connected with Julian Treger and Mike Blyth, the company's chief executive officer and chairman, respectively, will be electing to receive the scrip dividend alternative.

Copies of the circular will be available shortly for inspection via the United Kingdom listing authority's national storage mechanism. Copies can also be found on the company's website.