CLARIFICATION OF RESOURCE AND RESERVE STATEMENT...

13:30 London, 15:30 Helsinki, 11 November 2013 - Afarak Group Plc, Stock Exchange Release

CLARIFICATION OF RESOURCE AND RESERVE STATEMENT FOR SOUTH AFRICAN ASSETS

Further to the announcement of 1 November 2013, Afarak Group Plc ("Afarak" or the "Company") (LSE: AFRK, OMX: AFAGR) announces a clarification to the Resource and Reserves Statement for its South African Assets.

The published total chrome ore resources of 61.3 million tons included targeted resources of 17.4 million tons. The published total Platinum Group Metals ("PGMs 2E +Au") resources of 2.67 million ounces also included targeted resources of 0.56 million ounces. Further details on the Reserves and Resources are set out on the Company's website www.afarakgroup.com.

The Company also announces that it expects the Mecklenburg mine to produce at a rate of 15,000 tons of chrome ore per month.

AFARAK GROUP PLC
Danko Koncar
CEO

For additional information, please contact:

Afarak Group Plc
Danko Koncar, CEO, [phone], [e-mail]

Investec Bank Plc
Jeremy Wrathall, [phone]

Afarak Group is a chrome mining and minerals producer focused on delivering sustainable growth with a speciality alloys business in southern Europe and a ferro alloys business in southern Africa. The Company is listed on NASDAQ OMX Helsinki (AFAGR) and the Main Market of the London Stock Exchange (AFRK).
www.afarakgroup.com

Distribution:
NASDAQ OMX Helsinki
London Stock Exchange
main media
www.afarakgroup.com

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Source: Afarak Group via Thomson Reuters ONE

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