ECORA RESOURCES PLC — Share Issue/Capital Change 2012

Jun 8, 2012

Anglo Pacific

Anglo Pacific Group PLC
17 Hill Street, Mayfair
London W1J 5LJ
United Kingdom
T +44 (0) 20 3435 7400
F +44 (0) 20 7629 0370
info@anglopacificgroup.com
www.anglopacificgroup.com

29 May 2012

ANGLO PACIFIC GROUP PLC (the "Company")

In accordance with Listing Rule 9.6.18, the resolution which was passed at the Company's General Meeting on 29 May 2012, is set out below:

As a special resolution

Resolution 1

THAT the directors of the Company (the "Directors") be and they are hereby generally empowered pursuant to section 570 and section 573 of the Companies Act 2006 (the "Act") to allot equity securities (within the meaning of section 560 of the Act) (including the grant of rights to subscribe for, or to convert any securities into, ordinary shares of 2p each in the capital of the Company ("Ordinary Shares")) wholly for cash (a) by selling equity securities held by the Company as treasury shares; or (b) by allotting new equity securities pursuant to the authority conferred by resolution 14 passed at the Annual General Meeting of the Company on 19 April 2012, as if section 561(1) of the Act did not apply to any such allotment, provided that this power shall be limited to:

(a) the allotment of equity securities in connection with an offer of equity securities:

(i) to the holders of Ordinary Shares in proportion (as nearly may be practicable) to their respective holdings; and

(ii) to holders of other equity securities as required by the rights of those securities or as the Directors otherwise consider necessary,

but subject to such exclusions or other arrangements as the Directors may deem necessary or expedient in relation to treasury shares, fractional entitlements, record dates, legal or practical problems in or under the laws of any territory or the requirements of any regulatory body or stock exchange; and

(b) the allotment (otherwise than pursuant to paragraph (a) above) of equity securities up to an aggregate nominal amount of £109,189,

and this power shall (unless renewed, varied or revoked by the Company) expire at the close of business on the date which is 15 months after the date on which this resolution is passed or, if earlier, at the conclusion of the Annual General Meeting of the Company next held following the passing of this resolution, save that the Company may before such expiry make an offer or agreement which would or might require equity securities to be allotted after such expiry and the Directors may allot equity securities in pursuance of such an offer or agreement as if this power had not expired.

P.T.J. Mason
Company Secretary
Anglo Pacific Group PLC
+44 (0) 20 3435 7400