Holdings in Company

African Consolidated Resources Plc
                      ("ACR" or the "Company")

                       Holdings in the Company







African Consolidated  Resources  plc.,  the  AIM  listed  exploration
company focused in Zimbabwe, announces  that it has been notified  of
the following disposals of major interests in its shares:-


+--------------------------------------------------------------------------------+
|               |             |              |            |            |         |
|               |             |              |Change      |            |         |
|---------------+-------------+--------------+------------+------------+---------|
|Name           |Date of      |Date of       |From        |To          |%      of|
|               |Transaction  |Notification  |            |            |current  |
|               |             |              |            |            |issued   |
|               |             |              |            |            |share    |
|               |             |              |            |            |capital  |
|               |             |              |            |            |         |
|---------------+-------------+--------------+------------+------------+---------|
|Lehman Brothers|13/02/08     |27/02/08      |20,354,667  |19,354,667  |8.75     |
|International  |             |              |            |            |         |
|(Europe)       |             |              |            |            |         |
|               |             |              |            |            |         |
+--------------------------------------------------------------------------------+



For the purposes of the Financial Services Authority's Disclosure and
Transparency Rules, the total number of ordinary shares of 1p each in
the capital of the Company in issue as at the date of this notice  is
221,028,580 with each share carrying the right to one vote.

There are no shares held in treasury.

Therefore, the  total  number of  voting  rights in  the  Company  is
221,028,580.

The above figure may  be used by shareholders  in the Company as  the
denominator for the calculations by which they will determine if they
are required  to notify  their  interest in,  or  a change  to  their
interest in, the share  capital of the  Company under the  Disclosure
and Transparency Rules.

                                                     28 February 2008







Enquiries:


+-------------------------------------------------------------------+
| African Consolidated Resources plc |                              |
| Andrew Cranswick                   | [phone]              |
| Roy Tucker                         | [phone] / +44 7920   |
|                                    | 189012                       |
|------------------------------------+------------------------------|
| Ambrian Partners Limited           |                              |
| Richard Brown                      | [phone]             |
|                                    |                              |
|------------------------------------+------------------------------|
|                                    |                              |
+-------------------------------------------------------------------+

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