Change of Adviser

African Consolidated Resources Plc
26 July 2006


26 July 2006

                       African Consolidated Resources plc

                           Change of NOMAD and Broker


Following completion of the acquisition of Williams de Broe by The Evolution
Group plc, African Consolidated Resources plc is pleased to announce the
appointment of Evolution Securities Limited as Nominated Adviser and Broker with
immediate effect.

For further information please contact:

African Consolidated Resources
Ian Fisher, Chairman                     079 2018 9011
Andrew Cranswick, Chief Executive        079 2018 9010

Williams de Broe
Simon Edwards                            020 7071 4300

College Hill
Nick Elwes / Paddy Blewer                020 7457 2020



                      This information is provided by RNS
            The company news service from the London Stock Exchange