LSE: APF; TSX: APY

August 26, 2015

Anglo Pacific Group PLC
Interim results for the six months ended June 30, 2015

Anglo Pacific Group PLC ('Anglo Pacific', the 'Company', the 'Group') (LSE: APF) (TSX: APY) is pleased to announce interim results for the six months ended June 30, 2015 which are available on both the Group's website at www.anglopacificgroup.com and on SEDAR at www.SEDAR.com.

Headlines:

• Interim dividend of 4.00p (2014 interim dividend: 4.45p), consistent with previously announced dividend policy of 8.00p per annum
• Total royalty income of pounds sterling 3.8m for the period, a 48% increase on the same period in 2014 ( pounds sterling 2.6m)
  • Further increases anticipated in H2 2015 and already ahead of 2014 full year royalty income of pounds sterling 3.5m
  • Includes first royalty receipts from Narrabri and Maracas ( pounds sterling 1.8m and pounds sterling 0.4m respectively)
• Operating profit doubled in the period to pounds sterling 0.6m (June 30, 2014: pounds sterling 0.3m)
• Loss after tax of pounds sterling 8.8m resulting in a basic loss per share of 5.81p (June 30, 2014: loss after tax of pounds sterling 23.0m and basic loss per share 20.84p respectively) mainly due to non-cash valuation and impairment provisions
• Adjusted profit after tax of pounds sterling 1.2m resulting in adjusted earnings per share of 0.77p (June 30, 2014: loss pounds sterling 0.8m and adjusted loss per share 0.77p respectively) - see note 5 for further details
• Net assets at June 30, 2015 of pounds sterling 171.0m resulting in net assets per share of 101p (December 31, 2014: pounds sterling 161.3m and 138p respectively)
• Cash of pounds sterling 4.0m, net cash of pounds sterling 1.2m (December 31, 2014: pounds sterling 8.8m cash with no borrowings) in addition to $25.5m ( pounds sterling 16.2m) undrawn, and available, revolving credit facility
• Acquisition of the Narrabri royalty for pounds sterling 43.0m before costs along with successful, oversubscribed equity issue
• Narrabri exceeding production estimates in the first six months with full year ROM production guidance of 7.7mtpa of coal versus 6.5mtpa estimated at the time of acquisition

Julian Treger, Chief Executive Officer, commented:

"The first six months of 2015 have been encouraging. Income has increased significantly and royalty income in the first half of the year is now ahead of what we received for the whole of 2014. This increase is largely driven by new sources of income from Narrabri and Maracas, which further demonstrates the progress we are making on executing our strategy of adding to, and diversifying, our royalty income.

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