Second Quarter Results

Anglo Pacific Group PLC
27 July 2001


                           ANGLO PACIFIC GROUP PLC                            
                 REPORT FOR THE QUARTER ENDED 30TH JUNE 2001                  
 

MAIN OPERATIONS 
 
1.   Gordon Resources - Coalmine Royality Entitlements - Queensland
 
(a) Kestrel (Rio Tinto) 
The royalty received for the quarter to 31st March 2001 was A$394,939
compared to A$536,937 for the previous quarter. Mining occurred mainly under
Crown land during the period. 
 
(b) Crinum (B H P) 
The royalty received for the quarter to 31st March 2001 was A$1,764,145
compared to A$ 1,616,243 for the previous quarter. 
 
Note: The Minister for Natural Resources for Queensland has tabled a motion
proposing that the determination of the value of coal for royalty be based on
the gross realised value of the coal. It is proposed that gross realised
value be determined as the invoiced value of the coal, without deduction for
any costs pertaining to rail freight, port charges or any other costs
incurred in relation to the sale or disposal of the coal. 
If passed this change will be effective from 1st October 2001 and will have a
positive impact on the company's royalty entitlements.  
 

2.   Minerals - Scotland 
 
The search for joint venture partners or a buyer for our marble and talc
assets continues. 
 
 
3.   Anglo Digital Limited

 
This subsidiary has raised £200,000 by the issue of additional shares to Mr.
Jon Moulton (25%) and existing management (25%) thus reducing Anglo Pacific's
interest to 50.1%. 
 
 
 
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 30th JUNE 2001 

                                                      CURRENT    YEAR TO DATE 
                                                      QUARTER      (6 Months) 
                                                           £m            £m  
                                                                              
  CASHFLOWS RELATED TO OPERATING                                              
  ACTIVITIES                                                                  
                                                                              
  Receipts from product sales and related          
  debtors                                                 0.1             0.2 
                                                                              
  Payments for:                                                               
                                                                              
  Exploration and evaluation                                -               - 
                                                                              
  Development                                               -               - 
                                                                              
  Production                                            (0.1)           (0.1) 
                                                                              
  Administration                                        (0.2)           (0.6) 
                                                                              
  Dividends received                                        -               - 
                                                                              
  Interest and other items of a similar                     
  nature received                                           -               - 
                                                                              
  Interest and other costs of finance paid                  -               - 
                                                                              
  Income taxes paid                                     (0.4)           (0.6) 
                                                                              
  Other - Royalties received                              0.7             2.2 
                                                                              
  NET OPERATING CASHFLOWS                                 0.1             1.1 
                                                                              
  CASHFLOWS RELATING TO INVESTING                                             
  ACTIVITIES                                                                  
                                                                              
  Payment for equity investments                         (0.1)           (0.1) 
  Payment for purchases of other fixed                                        
  assets                                                    -               - 
                                                                              
  Proceeds from sale of equity investments                0.2             0.3 
                                                                              
  NET INVESTING CASHFLOWS                                 0.1             0.2 
                                                                      
  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                    0.2             0.5 
                                                                      
  Cash at beginning of quarter/year                       0.5             0.2 
                                                                      
  Exchange rate adjustments                                 -               - 
                                                                      
  CASH AT END OF QUARTER/PERIOD                           0.7             0.7 
 
                                                                             
                                                                              
                                                       Amount          Amount 
                                                    Available            Used 
                                                        £'000           £'000 
                                                                              
  FINANCING FACILITIES AVAILABLE                                              
                                    
  Barclays Bank PLC - overdraft facility                   14              10 

  Barclays Bank PLC - Loan facility                        50             Nil 
                                                                          
  ESTIMATED CASH OUTFLOWS FOR NEXT QUARTER                                    
                                                                          £'m 
  Exploration and evaluation                                              Nil 
                                                                              
  Development                                                             Nil 
                                                                              
  RECONCILIATION OF CASH                              Current        Previous 
                                                Quarter £'000  Quarter £'000 
                                                                        
                                                                              
  Cash on hand and at bank                                 26              28 
                                                                              
  Deposits on call                                        705             450 
                                                                             
  Bank overdraft                                         (10)               - 
                                                                              
  Total cash at end of quarter                            721             478 
                                                            
  Bank Loan at end of quarter                             Nil             Nil 
                 

ISSUED AND QUOTED SECURITIES AT END OF CURRENT QUARTER 
                                                                              
  Categories of Securities     Number          Number    Par Value    Paid-up 
                               Issued          Quoted                   Value 
                                                                              
  Ordinary Shares       86.96 million   86.96 million          10p        10p 
                                                                    
                                                                              
                                                                              
                                               Number     Exercise     Expiry 
                                                             Price       Date 
Options
                                            4,000,000          18p   11/12/04 
                                              332,000          18p    3/06/09 
                                            1,300,000        23.5P   13/10/06 
                                               33,000          25p    8/03/10