Qtrly Results to 31 Dec.2001

Anglo Pacific Group PLC
29 January 2002


                           ANGLO PACIFIC GROUP PLC                            
               REPORT FOR THE QUARTER ENDED 31ST DECEMBER 2001                
 

MAIN OPERATIONS 
 
1.      Gordon Resources Limited - Coalmine Royalty Entitlements - Queensland 
 
(a)     Kestrel (Rio Tinto) 
The royalty received for the quarter to 30th September 2001 was A$1,919,263
compared to A$1,390,681 for the previous quarter. 
 
(b)      Crinum (Broken Hill Proprietary) 
The royalty received for the quarter to 30th September 2001 was A$1.585,335
compared to A$1,728,451 for the previous quarter. 
 
Note: The change to the basis of calculating coal royalties as detailed in
our June 2001 quarterly report was made in December 2001 by the Queensland
Government subject to minor alterations. The new rate came into effect on 1st
January 2002.  
 
2.     Minerals - Scotland 
 
The search for joint venture partners or a buyer for our marble and talc
assets continues. 
 
 
3.     Anglo Digital Limited

This company has been sold at a small profit. 
  
 
For further information please contact: 
Jonathan Rooper          Cardew & Co               020 7930 0777


ANGLO PACIFIC GROUP PLC 
PROFORMA QUARTERLY STATEMENT OF CONSOLIDATED CASHFLOWS 
FOR THE QUARTER ENDED 31st DECEMBER 2001 

                                                                                                   
                                             CURRENT QUARTER    YEAR TO DATE  
                                                                 (12 Months)  
                                                                              
                                                          £m              £m  
                                                                              
  CASHFLOWS RELATED TO OPERATING                                              
  ACTIVITIES                                                                  
                                                                              
  Receipts from product sales and related                0.1             0.4  
  debtors                                                                     
                                                                              
  Payments for:                                                               
                                                                              
  Exploration and evaluation                               -               - 
                                                                              
  Development                                              -               - 
                                                                              
  Production                                            (0.1)           (0.3) 
                                                                              
  Administration                                        (0.2)           (1.0) 
                                                                              
  Dividends received                                       -               - 
                                                                              
  Interest and other items of a similar                    -               - 
  nature received                                                             
                                                                              
  Interest and other costs of finance paid                 -               - 
                                                                              
  Income taxes paid                                     (0.3)           (1.1) 
                                                                              
  Other - Royalties received                             1.2             4.5  
                                                                              
  NET OPERATING CASHFLOWS                                0.7             2.5  
                                                                              
  CASHFLOWS RELATING TO INVESTING
  ACTIVITIES                                  
                                                                              
  Payment for equity investments                           -            (0.1) 
  Payment for purchases of other fixed                                        
  assets                                                   -               - 
                                                                              
  Proceeds from sale of equity investments               0.1             0.4  
                                                                              
  NET INVESTING CASHFLOWS                                0.1             0.3 
 

                                                                       
          CASHFLOWS RELATED TO FINANCING ACTIVITIES                   
                                                                      
          Cash proceeds share issue                        -               - 
                                                                           - 
          Proceeds from borrowings                         -           
                                                                      
          Repayment of borrowings                          -            (0.8) 
                                                                      
          Dividends paid                                   -               - 
                                                                      
          NET FINANCING CASHFLOWS                          -            (0.8) 
                                                                      
          NET INCREASE/(DECREASE) IN CASH HELD           0.8             2.0  
                                                                      
          Cash at beginning of quarter/year              1.4             0.2  
                                                                      
          Exchange rate adjustments                        -               - 
                                                                      
          CASH AT END OF QUARTER/PERIOD                  2.2             2.2 
 
 
ANGLO PACIFIC GROUP PLC 
PROFORMA QUARTERLY STATEMENT OF CONSOLIDATED CASHFLOWS 
FOR THE QUARTER ENDED 31ST DECEMBER 

                                                                             
                                      Amount Available            Amount Used 
                                                 £'000                  £'000 
       
                                                                              
  FINANCING FACILITIES                                                        
  AVAILABLE                                                                   
                                                   Nil                    Nil 
  Barclays Bank PLC -                                                         
  overdraft facility                                                          
                                                   Nil                    Nil 
  Barclays Bank PLC - Loan                                                    
  facility                                                                    
                                                                             

  ESTIMATED CASH OUTFLOWS FOR                                              
  NEXT QUARTER                                                                
                                                                          £'m 
  
  Exploration and evaluation                                              Nil
                                                                          
  Development                                                             Nil 
                                                                              
  RECONCILIATION OF CASH             Current Quarter          Previous Quarter
                                               £'000                     £'000
                 
  Cash on hand and at bank                        38                         9
                                                                              
  Deposits on call                             2,173                     1,424
                                                                              
  Bank overdraft                                   -                         -
                                                                              
  Total cash at end of                         2,211                     1,433
  quarter                                                                     
 
  
ISSUED AND QUOTED SECURITIES AT END OF CURRENT QUARTER 
 

                                                                                 
  Categories of           Number        Number         Par Value     Paid-up
  Securities              Issued        Quoted                         Value
                                                                              
  Ordinary Shares          86.96         86.96               10p         10p  
                         million       million                              
                                                                              
                                                                              
                                        Number          Exercise      Expiry 
                                                           Price        Date 
                                                                              
  Options                            2,000,000              18p     11/12/04 
                                       332,000              18p      3/06/09 
                                     1,300,000              23.5p   13/10/06 
                                        33,000              25p      8/03/10 


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