Afarak Group — Share Issue/Capital Change 2013

Dec 18, 2013

PAYMENT OF SHARE BASED COMPENSATION

PAYMENT OF SHARE BASED COMPENSATION

13:00 London, 15:00 Helsinki, 18 December 2013 - Afarak Group Plc, Stock
Exchange Release

PAYMENT OF SHARE BASED COMPENSATION

The Board of Afarak Group Plc ("Afarak" or the "Company") (LSE: AFRK, OMX:
AFAGR) announces that it has awarded 52,720 ordinary shares (the "Shares") from
the treasury to Mr Wynand van Wyk, Head of Mining South Africa. The Shares are
issued under the authorization given by the Company's Annual General Meeting in
May 2013 and form a part of the Company's incentive programme for senior
management. Under the terms of the directed free share issue scheme, the shares
are offered free of charge and in derogation of the pre-emptive subscription
right of shareholders.

AFARAK GROUP PLC
BOARD OF DIRECTORS

For additional information, please contact:

Afarak Group Plc
Danko Koncar, CEO, +44 (0)20 7376 1175,  danko.konchar@afarak.com

Investec Bank Plc
Jeremy Wrathall, +44 (0)20 7597 5970

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 OMX
Helsinki (AFAGR) and the Main Market of the London Stock Exchange (AFRK).
www.afarakgroup.com

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

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