Holding(s) in Company

Form TR-1 with annex. FSA Version 2.1 updated April 2007

+--------------------------------------------+
| For filings with the FSA include the annex |
| For filings with issuer exclude the annex  |
+--------------------------------------------+

+--------------------------------------------------+
| TR-1: Notifications of Major Interests in Shares |
+--------------------------------------------------+

+----------------------------------------------+-------------------------------+
|                                              |                               |
|1. Identity of the issuer or the underlying   |African Consolidated Resources |
|issuer of existing shares to which voting     |plc                            |
|rights are attached:                          |                               |
+----------------------------------------------+-------------------------------+
|                                                                              |
|2. Reason for notification (yes/no)                                           |
+-------------------------------------------------------------------------+----+
|                                                                         |    |
|An acquisition or disposal of voting rights                              |Yes |
+-------------------------------------------------------------------------+----+
|                                                                         |    |
|An acquisition or disposal of financial instruments which may result in  |No  |
|the acquisition of shares already issued to which voting rights are      |    |
|attached                                                                 |    |
+-------------------------------------------------------------------------+----+
|                                                                         |    |
|An event changing the breakdown of voting rights                         |No  |
+-------------------------------------------------------------------------+----+
|                                                                         |    |
|Other (please specify):______________                                    |No  |
+----------------------------------+--------------------------------------+----+
|                                  |                                           |
|3. Full name of person(s) subject |Royal Bank of Canada                       |
|to notification obligation:       |                                           |
+----------------------------------+-------------------------------------------+
|                                  |Royal Bank of Canada                       |
|4. Full name of shareholder(s) (if|RBC Trustees (CI) Limited                  |
|different from 3):                |                                           |
+----------------------------------+-------------------------------------------+
|                                  |                                           |
|5. Date of transaction (and date  |4 August 2011                              |
|on which the threshold is crossed |                                           |
|or reached if different):         |                                           |
+----------------------------------+-------------------------------------------+
|                                  |                                           |
|6. Date on which issuer notified: |8 August 2011                              |
+----------------------------------+-------------------------------------------+
|                                  |                                           |
|7. Threshold(s) that is/are       |5%                                         |
|crossed or reached:               |                                           |
+----------------------------------+-------------------------------------------+




















+---------------------------------------------------------------------------------+
|8: Notified Details                                                              |
+---------------------------------------------------------------------------------+
|A: Voting rights attached to shares                                              |
|                                                                                 |
+------------+---------------------+----------------------------------------------+
|Class/type  |Situation previous to|Resulting situation after the triggering      |
|of shares   |the triggering       |transaction                                   |
|If possible |transaction          |                                              |
|use ISIN    +----------+----------+----------+-------------------+---------------+
|code        |Number of |Number of |Number of |Number of voting   |Percentage of  |
|            |shares    |voting    |shares    |rights             |voting rights  |
|            |          |rights    |          +----------+--------+------+--------+
|            |          |          |          |          |        |      |        |
|            |          |          |          |Direct    |Indirect|Direct|Indirect|
+------------+----------+----------+----------+----------+--------+------+--------+
|Ordinary    |23,497,035|23,497,035|21,997,035|21,934,535|62,500  |4.84% |0.01%   |
|Shares      |          |          |          |          |        |      |        |
|ISIN:       |          |          |          |          |        |      |        |
|GB00B142P698|          |          |          |          |        |      |        |
+------------+----------+----------+----------+----------+--------+------+--------+

+------------------------------------------------------------------------------+
|B: Financial Instruments                                                      |
|                                                                              |
+------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction                          |
|                                                                              |
+-------------+-------------+--------------+----------------------+------------+
|Type of      |Expiration   |Exercise/     |No. of voting rights  |Percentage  |
|financial    |date         |conversion    |that may be acquired  |of voting   |
|instrument   |             |period/date   |(if the instrument    |rights      |
|             |             |              |exercised/converted)  |            |
+-------------+-------------+--------------+----------------------+------------+
|N/A          |             |              |                      |            |
|             |             |              |                      |            |
+-------------+-------------+--------------+----------------------+------------+


+-------------------------------------------------------+
| Total (A+B)                                           |
|                                                       |
+-------------------------+-----------------------------+
| Number of voting rights | Percentage of voting rights |
+-------------------------+-----------------------------+
| 21,997,035              | 4.85%                       |
+-------------------------+-----------------------------+


















+------------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and /or   |
|the financial instruments are effectively held, if applicable:                |
+------------------------------------------------------------------------------+
|                                                                              |
|                                                                              |
+------------------------------------------------------------------------------+

+------------------------------------------------------------------------+
| Proxy Voting:                                                          |
|                                                                        |
+------------------------------------------------------------------+-----+
| 10. Name of proxy holder:                                        | N/A |
|                                                                  |     |
+------------------------------------------------------------------+-----+
| 11. Number of voting rights proxy holder will cease to hold:     | N/A |
|                                                                  |     |
+------------------------------------------------------------------+-----+
| 12. Date on which proxy holder will cease to hold voting rights: | N/A |
|                                                                  |     |
+------------------------------------------------------------------+-----+

+-----------------------------+---------------+
| 13. Additional information: | N/A           |
|                             |               |
+-----------------------------+---------------+
| 14 Contact name:            | Chris Allison |
|                             |               |
+-----------------------------+---------------+
| 15. Contact telephone name: | 020 7029 7873 |
|                             |               |
+-----------------------------+---------------+

For notes on how to complete form TR-1 please see the FSA website.































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Source: African Consolidated Resources Plc via Thomson Reuters ONE

[HUG#1537508]