AFARAK GROUP TO BE TRANSFERRED TO NASDAQ’S...

14:30 London, 16:30 Helsinki, December 20, 2018 - Afarak Group Plc ("Afarak" or "the Company")

AFARAK GROUP TO BE TRANSFERRED TO NASDAQ’S MIDCAP SEGMENT

The Board of Directors is pleased to inform its shareholders and the investor community that following the annual review of Nasdaq Nordic's market capitalization (market cap) Afarak Group will be transferred from the small cap segment to the midcap segment on January 2, 2019.

The Board of Directors

For additional information, please contact:

Guy Konsbruck, CEO, [phone], [e-mail]

Jean Paul Fabri, PR Manager, [phone], [e-mail]

Financial reports and other investor information are available on the Company's website: www.afarak.com.

Afarak Group is a specialist alloy producer focused on delivering sustainable growth with a Speciality Alloys business in southern Europe and a FerroAlloys business in South Africa. The Company is listed on NASDAQ Helsinki (AFAGR) and the Main Market of the London Stock Exchange (AFRK).

Distribution:

NASDAQ Helsinki

London Stock Exchange

Main media

www.afarak.com