Statement re Transfer of Director's Shares

Transfer of Director's Shares

                      African Consolidated Resources plc

                         Transfer of Director's Shares

African  Consolidated Resources plc, the AIM listed resource development company
focused  in Zimbabwe, announces that it has been advised that on 31 March 2010 R
C Tucker transferred 650,000 ordinary shares in the share capital of the Company
to his Self Invested Personal Pension (SIPP) at a price of 11.75p per share.

Enquiries:

African Consolidated Resources plc
Roy     Tucker                                                               +44
1622 816918 / [phone]

Ambrian Partners Limited
Richard Greenfield                                              [phone]


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