Marange Diamond Claims

African Consolidated Resources Plc (the 'Company') Marange Diamond Claims African Consolidated Resources plc, the Zimbabwe focused mineral exploration company notes that the Zimbabwe Attorney General has stated that the Zimbabwean Government will appeal against the judgement given by the Zimbabwe High Court on 24 September 2009 which confirmed the title of the Company's subsidiaries to their claims over the Marange diamond field. Notwithstanding the statement of the Attorney General, the Company is in discussions with Government concerning a joint venture on the Marange diamond field which will benefit both the Company and the people of Zimbabwe. Further announcements will be made as the situation develops. Enquiries: African Consolidated Resources plc Andrew Cranswick +44 7920 189010 Roy Tucker +44 1622 816918 / +44 7920 189012 Ambrian Partners Limited Richard Greenfield +44 20 7634 4700 ---END OF MESSAGE--- This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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