Afarak Group

Report Publication Announcement • Jun 22, 2017

National Storage Mechanism | Additional information

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09:00 London, 11:00 Helsinki, 22 June 2017 - Afarak Group Plc ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)

AFARAK MOGALE TO SHUT DOWN FOR MAINTENANCE

Afarak Mogale will be shutting down P1 furnace temporarily for unscheduled maintenance from the 24th of July to end of August and P2 & P3 furnaces will be down for scheduled maintenance for a week.

It is expected that around 5,500 tonnes of charge chrome will not be produced.  The Company is still assessing the extent of the impact on the financial performance in Q3 and has initiated talks with insurers.

AFARAK GROUP PLC

Guy Konsbruck

CEO

For additional information, please contact:

Afarak Group Plc

Guy Konsbruck, CEO, +356 2122 1566, guy.konsbruck@afarak.com

Jean Paul Fabri, PR Manager, +356 2122 1566, jp.fabri@afarak.com

Financial reports and other investor information are available on the Company's

website: www.afarak.com.

Afarak Group is a specialist alloy producer focused on delivering sustainable

Growth with a Speciality Alloys business in southern Europe and a FerroAlloys

business in South Africa. The Company is listed on NASDAQ Helsinki (AFAGR) and

the Main Market of the London Stock Exchange (AFRK).

Distribution:

NASDAQ Helsinki

London Stock Exchange

Main media

www.afarak.com

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*This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Afarak Group via Globenewswire*