Mr. Julian Treger reports

ANGLO PACIFIC GROUP PLC: NARRABRI UPDATED GUIDANCE

Anglo Pacific Group PLC is providing an update on the Narrabri mine, which is 70 per cent owned and operated by Whitehaven Coal Ltd. This follows the publication of the March, 2015, quarterly production report by Whitehaven Coal on April 17, 2015.

Whitehaven Coal has announced that the Narrabri mine has established another record run-of-mine coal production of 2.18 million tonnes for the quarter to March 31, 2015. Saleable coal production for the quarter was 1,795,000 tonnes, and coal sales were 1,643,000 tonnes. Year-to-date ROM and saleable coal production were 5,032,000 tonnes and 4,847,000 tonnes, 27 per cent and 26 per cent respectively higher than for the same period the previous year (July 1 to March 31).

Strong performance by the long wall in the current production panel has resulted in Whitehaven Coal upgrading guidance for production from the Narrabri mine for the fiscal year ending June 30, 2015, to between 7.0 million tonnes and 7.2 million tonnes of ROM coal from 6.5 million tonnes previously.

The company acquired the royalty on March 11, 2015, and is entitled to royalty income over 100 per cent of sales from the Narrabri mine from Jan. 1, 2015.

Royalty income from the Narrabri mine for first-quarter 2015 is in line with market expectations.