Stmnt re Share Price Movement

African Consolidated Resources Plc
14 February 2008



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

                       Statement re Share Price Movement


The Board of ACR, the AIM listed exploration company focused on Zimbabwe has
noted the recent movement in the Company's share price and is not aware of any
reason for the share price increase.

As announced at the time of the Company's interim results on 27 November 2007,
ACR is in the process of compiling a detailed technical review incorporating
geochemical and geophysical data in order that the market may be better placed
to understand the value of ACR's assets and projects. The Company remains on
schedule to publish the results of this technical review in the first quarter of
2008.

The Company recently gave a presentation at the Indaba Mining Conference, a copy
of which will shortly be available for download from the Company's web site,
www.acrplc.com under the heading Investor Relations.



Enquiries:


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


Ambrian Partners Limited
Richard Brown                                    [phone]
Richard Greenfield                               [phone]




                      This information is provided by RNS
            The company news service from the London Stock Exchange