Afarak Group — Regulatory Filings 2016

Feb 11, 2016

AFARAK GROUP PLC'S - INVESTMENT IN SHAKING TABLE TECHNOLOGY COMPLETED

AFARAK GROUP PLC'S - INVESTMENT IN SHAKING TABLE TECHNOLOGY COMPLETED

11 February 2016 - Afarak Group Plc, Stock
Exchange Release

AFARAK GROUP PLC'S - INVESTMENT IN SHAKING TABLE TECHNOLOGY COMPLETED

Afarak Group Plc ("Afarak" or the "Company") (LSE: AFRK, NASDAQ: AFAGR)
announces that its South African subsidiary Ilitha Mine has completed a "Shaking
Table" plant. Ilitha Mine is part of the Synergy Africa joint venture between
Afarak and Kermas Limited.

The "Shaking Table" technology, already used in the mines of Afarak's Turkish
subsidiary TMS, will allow the company to treat the Tailing Dump for chrome and
increase Ilitha Mine's total plant mass yield from currently 49% to 65%.This in
turn will drastically reduce the operating cost per ton. Full production is
expected to be reached by Mid-March 2016.

AFARAK GROUP PLC
Dr Alistair Ruiters
CEO

For additional information, please contact:

Afarak Group Plc
Dr Alistair Ruiters, CEO, +358 (0)50 372 1130, Alistair.ruiters@afarak.com

Afarak Group is a chrome mining and minerals producer focused on delivering
sustainable growth with a speciality alloys business in southern Europe and a
ferro alloys business in southern Africa. The Company is listed on NASDAQ
Helsinki (AFAGR) and the Main Market of the London Stock Exchange (AFRK).
www.afarakgroup.com

Distribution:
NASDAQ Helsinki
London Stock Exchange
main media
www.afarak.com

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