Acquisition of gold royalty

FOR:  ANGLO PACIFIC GROUP PLC

LSE SYMBOL:  APF
TSX SYMBOL:  APY

December 18, 2012

Acquisition of Gold Royalty From Hummingbird Resources

LONDON, UNITED KINGDOM--(Marketwire - Dec. 18, 2012) - Anglo Pacific Group PLC ("Anglo Pacific", the "Company")
(LSE:APF)(TSX:APY) is pleased to announce that it has entered into a royalty financing agreement in connection
with the Dugbe 1 Gold Project (the "Project"), located in south eastern Liberia and operated by Hummingbird
Resources Plc ("Hummingbird").

Anglo Pacific will provide Hummingbird with a cash payment of US$15 million in exchange for a 2% net smelter
return royalty for any ore produced from the Project within a 20 kilometre radius of Dugbe F, including the
Tuzon project.

The acquisition consideration will be paid in three equal tranches:

/T/

--  Tranche 1: US$5 million will be payable immediately following local
    consents and filings being obtained.
--  Tranche 2: US$5 million is payable upon either the completion of 25,000
    metres of infill drilling or the publication of the results of a scoping
    study on the Dugbe 1 Project and not payable before 31 December 2012.
--  Tranche 3: US$5 million is payable following the completion of both a
    scoping study and 25,000 metres of infill drilling at the Project and
    not payable before 31 March 2013.

/T/

The Project royalty covers a land area of approximately 1,256 square kilometres, which includes a NI 43-101
compliant Indicated and Inferred Resource.

Commenting on the acquisition, John Theobald, Chief Executive Officer of Anglo Pacific, said:

"We are extremely pleased with the acquisition of the royalty on the Dugbe 1 gold project, the third royalty
financing we have announced this year. The acquisition enables Anglo Pacific to further diversify its royalty
portfolio by strengthening our focus on precious metals, which we believe will offer considerable long term
revenue growth and cash flows for the Company and its shareholders."

Notes to editors:

About Anglo Pacific Group PLC

Anglo Pacific Group PLC is a global natural resources royalties company. The Company's strategy is to expand
its mineral royalty interests in long-life mining assets. The Company achieves this through both direct
acquisition and investment in projects at the development and production stage. It is a continuing policy of
the Company to pay a substantial proportion of these royalties to shareholders as dividends.

About Hummingbird Resources Plc

Hummingbird Resources plc is an AIM quoted mineral exploration company incorporated in England and Wales and
headquartered in London. Since its establishment in November 2005, the Company and its subsidiaries (the
"Group") has been active in Liberia, West Africa, and is currently the holder of the largest area of mineral
exploration ground in the highly prospective Birimian geological region of eastern Liberia. The Group currently
holds exploration licences covering approximately 7,000 square kilometres in total, which constitutes a
significant proportion of eastern Liberia containing the Birimian sequence.

The Group has published a NI43-101 compliant Indicated and Inferred Resource on its Dugbe F deposit, for more
information, please visit www.hummingbirdresources.co.uk.

Important notice

This news release contains forward-looking statements based on assumptions and reflects Anglo Pacific Group
PLC's expectations, estimates and projections of future events as of the date of this release. Forward-looking
statements include, without limitation, statements regarding the performance, prospects, opportunities,
priorities, targets, goals, objectives, strategies, growth and outlook of Anglo Pacific Group PLC. Often, but
not always, forward-looking statements can be identified by the use of words such as "expects", "anticipates",
"plans", "believes", "estimates", "seeks", "intends", "targets", "projects", "forecasts", or variations
(including negative variations) of such words and phrases, or state that certain actions, events or results
"may", "could", "would", "might" or "will" be taken, occur or be achieved.

Forward-looking statements are based upon certain material factors and assumptions that were applied in drawing
a conclusion or making a forecast or projection, including assumptions and analyses made by Anglo Pacific Group
PLC in light of its experience and perception of historical trends, current conditions and expected future
developments, as well as other factors that are believed to be appropriate in the circumstances. Also, forward-
looking statements involve known and unknown risks, uncertainties and other factors that are beyond the
Company's control and which may cause the actual results, performance or achievement to be materially different
from any future results, performance or achievements expressed or implied by such forward-looking statements.
Such material factors and assumptions and risks and uncertainties include, among others, those described in the
Company's annual information form dated as at June 29, 2010 (available on Anglo Pacific Group PLC's website and
at www.sedar.com), which are incorporated by reference into this release and qualify any and all forward-
looking statements made in this release.

Although Anglo Pacific Group PLC has attempted to identify factors that could cause actual actions, events or
results to differ materially from those described in forward-looking statements, there may be other factors
that cause actions, events or results to differ from those anticipated, estimated or intended. There can be no
assurance that actual results will be consistent with these forward-looking statements. Accordingly, readers
should not place undue reliance on forward-looking statements. The forward-looking statements herein relate
only to events or information as of the date on which the statements are made and, except as specifically
required by law, Anglo Pacific Group PLC undertakes no obligation to update or revise any forward-looking
statements, whether as a result of new information, estimates or opinions, future events or results or
otherwise.

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FOR FURTHER INFORMATION PLEASE CONTACT:

Anglo Pacific Group PLC
John Theobald
Chief Executive Officer
[phone]

OR

Anglo Pacific Group PLC
Chris Orchard
Chief Investment Officer
[phone]
[phone] (FAX)
[e-mail]
www.anglopacificgroup.com

OR

Liberum Capital
Chris Bowman
[phone]

OR

Liberum Capital
Christopher Kololian
[phone]

OR

Pelham Bell Pottinger
Lorna Spears
[phone]

OR

Pelham Bell Pottinger
James MacFarlane
[phone]

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Anglo Pacific Group Plc