Afarak Group — Board/Management Information 2018

Feb 1, 2018

AFARAK GROUP: ELECTION OF THE MEMBERS OF THE BOARD OF DIRECTORS

AFARAK GROUP: ELECTION OF THE MEMBERS OF THE BOARD OF DIRECTORS

14:00 London, 16:00 Helsinki, 1 February 2018 - Afarak Group Plc ("Afarak" or
"the Company") (LSE: AFRK, NASDAQ: AFAGR)

           ELECTION OF THE MEMBERS OF THE BOARD OF DIRECTORS

At the Extraordinary General Meeting to be held on February 5, 2018 there is
election of the Board as one agenda point. The Nomination and Remuneration
Committee proposes to the Annual General Meeting that Dr Jelena Manojlovic, Ivan
Jakovcic, Thorstein Abrahamsen and Barry Rourke will be re-elected. The
Committee will be proposing Guy Konsbruck, the current CEO, to replace Thomas
Hoyer who will not be seeking re-election. Shareholders Atkey Ltd and Kermas
Ltd, have expressed their support to this proposal and will vote at the upcoming
AGM in favour of it. These shareholders represent 53.6% of the share capital and
votes of the company.

AFARAK GROUP PLC
The Board of Directors

For additional information, please contact:
Afarak Group Plc

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

Jean Paul Fabri, +356 9940 8746, 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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