Afarak Group

Legal Proceedings Report • Feb 22, 2018

National Storage Mechanism | Additional information

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07:00 London, 09:00 Helsinki, 22 February 2018 - Afarak Group Plc ("Afarak" or "the

Company") (LSE: AFRK, NASDAQ: AFAGR)

AFARAK RECEIVES DECISION FROM FIN-FSA

Afarak Group Plc ("Afarak" or the "Company") (LSE: AFRK, NASDAQ: AFAGR) is required by the Finnish Financial Supervision Authority ("FIN-FSA") to inform its shareholders about the attached communication.

The Company notes that it is not a party to the matter. Kermas Resources Limited has informed the Company that it will be appealing to the decision.

Afarak Group will not comment on the decision by the FIN-FSA.

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

FIN-FSA Decision EN

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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*