African Eagle Resources PLC : Board Changes

African Eagle Resources plc

("African Eagle" or the "Company")

BOARD CHANGES

African Eagle Resources plc (AIM: AFE; AltX: AEA) is pleased to announce the
addition of two independent Non-Executive Directors to its Board of Directors
who will bring additional expertise in support of the development of its
flagship Dutwa Project in Tanzania, and improve compliance with current best
practice in corporate governance.

Appointment of Independent Non-Executive Directors

The Company is very pleased to welcome both Mr. Don Newport and Dr. Christopher
R. Pointon to the Board as independent Non-Executive Directors.  As a result of
these appointments, the Non-Executive board composition will be five members:
Messrs Pointon and Newport; along with existing Board members Mr. Geoffrey
Cooper, Mr. Julian McIntyre and Chairman Mr. Euan Worthington.

Mr. Don Newport

Mr. Don Newport is a veteran of the London mine finance industry with over 35
years of experience in the banking sector; 23 of those years were spent
exclusively in the mining and metals sector.  After managing the Barclays Bank
Metals & Mining Team, Mr. Newport went on to lead the global mining finance
department of Standard Bank, establishing a significant portfolio of
transactions in challenging emerging market situations often for first-time
project sponsors.  Closing transactions in a wide variety of locations in
Africa, North and South America, Europe, Central Asia and the FSU, China and
Australia Mr. Newport established himself as a leader in global mining finance.
In 2008 Mr. Newport was honoured with the Mining Journal's Lifetime Achievement
Award for "an outstanding contribution to the advancement of the international
mining industry".  Currently Mr. Newport is a Non-Executive Director of Wolf
Minerals Limited.

Dr. Christopher Pointon

Dr. Chris Pointon has wide international experience in the resources industry
and a strong track record of building and managing new organisations in a
diversity of cultural environments. He led BHP Billiton's Stainless Steel
Materials division for 6 years, building it into one of the largest global
nickel and ferrochrome producers with annual sales exceeding US$3 billion.  This
business included Samancor Chrome, the second largest ferrochrome producer based
in South Africa, of which he was Chief Executive Officer.  Dr. Pointon's career
commenced in mineral exploration and business development with Rio Tinto,
Billiton, Gencor and BHP Billiton, progressing through operations to general
management.  He was a member of BHP Billiton's Executive Committee from that
company's formation in 2001 until his retirement in 2006.  Dr. Pointon is a Non-
Executive Director and Deputy Chairman of Ruukki Group plc, and is a consultant
to private equity investors.

Euan Worthington, Chairman of African Eagle commented, "I am very pleased that
the Board of African Eagle has managed to attract individuals of the calibre and
quality of Chris and Don to join us and we look forward to benefiting from their
wealth of experience as we continue the development of our exciting Dutwa Nickel
project.  The appointment of individuals of such strength is another step in the
transformation of African Eagle from an explorer to a mine developer and we look
forward to a strong future."

Appendix:

Information provided in accordance with paragraph (g) of Schedule 2 to the AIM
rules:

1. Details of full name, age, previous names: Mr. Donald Macfee Newport (58)

2. Names of all companies and partnerships of which the director has been a
director or partner at any time in the previous five years, indicating whether
or not the director is still a director or partner:

Current Within last five years


Wolf Minerals Limited None

Dame Vera Lynn Trust for Children with Cerebral Palsy


1. Details of full name, age, previous names: Mr. Christopher Richard Pointon
(63)

2. Names of all companies and partnerships of which the director has been a
director or partner at any time in the previous five years, indicating whether
or not the director is still a director or partner:

Current Within last five years


Ruukki Group plc GRD Limited

Cia. Minera Las Cenizas SA European Nickel plc

Greendown Consulting Limited


About African Eagle

African Eagle Resources plc is a junior mining explorer and developer with
development projects in Tanzania and Zambia.  The Company's flagship project is
the Dutwa Nickel project in Tanzania located about 25km south of Lake Victoria
and 140km east of Mwanza within greenstone gold belts which host many of
Tanzania's operating and developing gold mines.  The Company is quoted on the
AIM market of the London Stock Exchange (AIM: AFE) and on the AltX of the
Johannesburg Stock Exchange (AltX: AER).

About Dutwa

Dutwa was discovered in 2008 and is a nickel laterite project with unusually
beneficial geometallurgical properties.  Since discovery, the progress of
development has been rapid.  Dutwa is defined by a JORC resource of 99 million
tonnes at 0.93% Ni, offering ready mining from two hilltop deposits and straight
forward low consumption atmospheric acid leaching, leading to strong economics.
The most recent financial modelling, prepared in early 2011, projected cash
operating costs of approximately $3.50/lb., a post tax NPV of $630M at $9/lb.
nickel and a projected capital payback period between three and five years.  The
current BFS and ESIA development is directed towards defining the full
environmental, social, technical and economic performance of Dutwa.

Technical terms

A glossary of technical terms used by African Eagle in this announcement and
other published material may be found at www.africaneagle.co.uk/p/glossary.asp

For further information:

Please see the Company's web site at www.africaneagle.co.uk or contact one of
the following:

African Eagle Resources plc
Euan Worthington (Chairman)
Trevor A. Moss (CEO)
Yasumi Toyoda (Investor Relations)
+44 20 7248 6059

Canaccord Genuity Limited
Rob Collins
Andrew Chubb
+ 44 207 050 6500

Ocean Equities Limited
Guy Wilkes
+44 20 7786 4370

Russell & Associates, Johannesburg
Charmane Russell
Marion Brower
+27 11 8803924
+27 82 8928052







This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: African Eagle Resources PLC via Thomson Reuters ONE

[HUG#1580414]


Unternehmen: African Eagle Resources PLC - ISIN: GB0003394813