Afarak Group — Regulatory Filings 2016

May 9, 2016

AFARAK GROUP - AFARAK COMPLETES €3 MILLION SHAKING TABLE INVESTMENT PROJECT

AFARAK GROUP - AFARAK COMPLETES €3 MILLION SHAKING TABLE INVESTMENT PROJECT

09:00 London, 11:00 Helsinki, 09 May 2016 - Afarak Group Plc ("Afarak" or "the
Company") (LSE: AFRK, OMX: AFAGR)

AFARAK GROUP - AFARAK COMPLETES SHAKING TABLE PROJECT

                €3 million investment project completed
        Project will achieve up to 40% mass yield from tailings

Work on the 24-table project started in June 2015 and after finalizing the
commissioning in and testing process in April 2016, the plant is now ready to
commence full production. Over 90 people were employed on the project during its
construction phase.  20 new jobs have been created as a result of the €3 million
investment.
The shaking table technology is being implemented by Afarak both in Turkey and
South Africa. It is an environmental-friendly technology which enables the
treatment of tailing dumps for chrome.  Results from the Stellite shaking table
Plant show that mass yield from the tailings will be up to 40% and the plant has
a monthly capacity of 5,000 tones per month.
Dr Alistair Ruiters, CEO, said that the shaking table project embodies Afarak's
vision.  "Afarak is today positioning itself as a technology company.  The
shaking table project allows us to increase our yield from tailings thus
reducing our cost per ton.  Our propriety technology further confirms our
commitment to new investment and to establishing Afarak as a leader in the
sector."

Contact:

Media

Jean Paul Fabri
PR & Communications Manager
jp.fabri@afarak.com

About Afarak

Afarak is a vertically-integrated specialist alloys company.  Throughout its
various operations in South Africa, Turkey and Germany, Afarak extracts,
processes, markets and trades its specialised metals. Trusted by a highly
diversified customer base that includes industry leaders from the aviation,
nuclear, oil & gas and automotive sectors; the Company is able to produce a
unique alloy mix for every customer. As the Company aims to create value across
the product-chain, Afarak remains committed to sustainable development,
investment and to delivering a healthy financial performance for its
shareholders. Afarak is listed on the Helsinki Stock Exchange (AFAGR (OMX)) and
the London Stock Exchange (AFRK).

[HUG#2010528]

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