AFRICAN EAGLE RESOURCES PLC 
By
African Eagle Resources plc
("African Eagle" or the "Company")
BLOCK LISTING REVIEW
| Name of scheme: | Employee Share Option Scheme |
| Period of return: | 11 July 2011 - 11 January 2012 |
| Balance under scheme from previous return: | 5,000,000 |
| The amount by which the block scheme has been increased, if the scheme has been increased since the date of the last return: | Nil |
| Number of securities issued/allotted under scheme during period: | Nil |
| Number of securities under the scheme which expired during the period: | Nil |
| Balance under scheme not yet issued/allotted at end of period: | 5,000,000 |
| Number and class of securities originally listed and the date of admission: | 5,000,000 ordinary shares of 1p on 11 July 2011 |
| Total number of securities in issue at the end of the period: | 409,586,128 |
In its announcement of 11 July 2011 (under the heading "Block Admission and Exercise of Share Options") African Eagle erroneously announced the numbers of shares outstanding for the Company. The correct number of shares outstanding at that date was 409,586,128 instead of the incorrectly announced 409,715,128.
As such, and as reflected above, the total number of shares in issue at 11 January 2012 is 409,586,128.
For more information:
African Eagle Resources plc
Trevor Moss (CEO) + 1 925 577 1078
Andrew Robertson (Finance Director) + 44 207 248 6059
Canaccord Genuity Limited
Rob Collins + 44 207 050 6500
Andrew Chubb
Ocean Equities Limited
Guy Wilkes +44 20 7786 4370
Russell & Associates, Johannesburg
Charmane Russell + 27 11 880 3924
Marion Brower
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: African Eagle Resources PLC via Thomson Reuters ONE
