Marange Diamond Claims

African Consolidated Resources Plc (the 'Company')

                       Marange Diamond Claims

African Consolidated  Resources  plc, the  Zimbabwe  focused  mineral
exploration  company  is  pleased  to  announce  that  at  a  hearing
yesterday in the Zimbabwe High  Court judgement was issued in  favour
of the  Company's  subsidiaries  (the 'Group')  which  confirmed  the
Group's title to the  claims previously registered  in its name  (the
'Claims')  on  the  Marange  diamond  field.   Full  details  of  the
judgement are awaited pending the  publication of the transcript  and
further announcements will be made as necessary.

The Group  acquired the  Claims  in early  2006  but was  evicted  in
October 2006 as a result of which the Group issued proceedings in the
Zimbabwe High  Court  for  their recovery.   During  the  intervening
period the  Group has  attempted to  work with  all elements  of  the
Zimbabwe Government  in  order to  agree  a joint  venture  with  the
Zimbabwe Government or parties  nominated by them  in order to  avoid
litigation.

Following the Group's success  in the Zimbabwe  High Court the  Group
remains committed to  dialogue with the  Zimbabwe Government, with  a
view to establishment of a joint  venture which will operate for  the
benefit of both the Company and  the people of Zimbabwe.  As soon  as
the joint  venture achieves  physical possession  of the  Claims  its
immediate priority will be the establishment of full security as soon
as is  practicable.  Thereafter the  Company  hopes to  make  further
announcements in respect  of its intentions  to establish a  mutually
beneficial operation as the situation develops.

As stated in the  Company's Annual Report published  on 30 July  2009
the Marange diamond field has been topical in the world news of late,
and operations on the ground there have led to a recent visit by  the
Kimberley  Process   review   team.    This   review   has   led   to
dissatisfaction with the status quo and the Company has stressed that
tenure needs to be resolved in order to enable formal mining so  that
Kimberley Process compliance can be achieved.  The Company is pleased
to note the security of tenure evidenced by the High Court judgement,
and hopes that the security  and transparency of operations that  the
joint venture  intends to  put in  place will  be recognized  by  the
Kimberley Process.


Enquiries:


African Consolidated Resources plc
Andrew Cranswick                   [phone]
Roy Tucker                         [phone] / [phone]

Ambrian Partners Limited
Richard Greenfield                 [phone]

---END OF MESSAGE---




This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.