Completes Royalty Option and Financing Agreemen...

FOR:  ANGLO PACIFIC GROUP PLC

LSE SYMBOL:  APF
TSX SYMBOL:  APY

August 13, 2012

Completes Royalty Option and Financing Agreement with Laramide Resources Ltd

LONDON, UNITED KINGDOM--(Marketwire - Aug. 13, 2012) - Anglo Pacific Group PLC ("Anglo Pacific", the "Company")
(LSE:APF)(TSX:APY) announces it has entered into a transaction with Laramide Resources Ltd ("Laramide") in connection
with Laramide's variable rate gross revenue royalty (the "Royalty") on the development stage ISL uranium properties
owned by Uranium Resources Inc. ("URI") in the Grants Mineral District of New Mexico, United States (the "Churchrock
Properties").

In return for a facility of CDN$5 million, which is repayable in December 2015, Laramide has granted Anglo Pacific an
option to acquire a 5% gross revenue royalty (the "GRR") for an exercise price of US$15 million. As part of the
transaction, Laramide has also issued 650,000 warrants, each warrant entitling Anglo Pacific to acquire one Laramide
common share at an exercise price of $1.35 per share on or before December 31, 2015. The CDN$5 million facility bears
interest at a rate of 7% per annum payable quarterly in arrears.

URI's most current guidance for the Churchrock Properties anticipates the imminent completion of a feasibility study,
followed by construction commencing by the end of 2012, and targets initial production for late 2013 at a rate of one
million pounds per annum starting in Section 8. The GRR also covers a portion of the adjacent Section 17 and the Mancos
area, which comprises all of Section 13 and portions of Sections 7 and 12, from where additional resources and
production can be expected.

Notes to editors:

About Anglo Pacific Group PLC

Anglo Pacific Group PLC is a global natural resources royalties company. The Company's strategy is to expand its mineral
royalty interests in long-life mining assets. The Company achieves this through both direct acquisition and investment
in projects at the development and production stage. It is a continuing policy of the Company to pay a substantial
proportion of these royalties to shareholders as dividends.

About Laramide

Laramide is engaged in the exploration and development of high-quality uranium assets. Its wholly owned uranium assets
are in Australia and the United States. Laramide's portfolio of advanced uranium projects have been chosen for their
production potential. Its flagship project, Westmoreland, in Queensland, Australia, is one of the largest projects
currently held by a junior mining company. Its U.S. assets include La Jara Mesa in Grants, New Mexico, and La Sal in the
Lisbon Valley district of Utah. Its portfolio also includes joint ventures in the Northern Territory, strategic equity
positions and a portfolio of uranium royalties in the Grants Mineral District of New Mexico.

Important notice

This news release contains forward-looking statements based on assumptions and reflects Anglo Pacific Group PLC's
expectations, estimates and projections of future events as of the date of this release. Forward-looking statements
include, without limitation, statements regarding the performance, prospects, opportunities, priorities, targets, goals,
objectives, strategies, growth and outlook of Anglo Pacific Group PLC. Often, but not always, forward-looking statements
can be identified by the use of words such as "expects", "anticipates", "plans", "believes", "estimates", "seeks",
"intends", "targets", "projects", "forecasts", or variations (including negative variations) of such words and phrases,
or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be
achieved.

Forward-looking statements are based upon certain material factors and assumptions that were applied in drawing a
conclusion or making a forecast or projection, including assumptions and analyses made by Anglo Pacific Group PLC in
light of its experience and perception of historical trends, current conditions and expected future developments, as
well as other factors that are believed to be appropriate in the circumstances. Also, forward-looking statements involve
known and unknown risks, uncertainties and other factors that are beyond the Company's control and which may cause the
actual results, performance or achievement to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements. Such material factors and assumptions and risks
and uncertainties include, among others, those described in the Company's annual information form dated as at June 29,
2010 (available on Anglo Pacific Group PLC's website and at www.sedar.com), which are incorporated by reference into
this release and qualify any and all forward-looking statements made in this release.

Although Anglo Pacific Group PLC has attempted to identify factors that could cause actual actions, events or results to
differ materially from those described in forward-looking statements, there may be other factors that cause actions,
events or results to differ from those anticipated, estimated or intended. There can be no assurance that actual results
will be consistent with these forward-looking statements. Accordingly, readers should not place undue reliance on
forward-looking statements. The forward-looking statements herein relate only to events or information as of the date on
which the statements are made and, except as specifically required by law, Anglo Pacific Group PLC undertakes no
obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or
opinions, future events or results or otherwise.

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FOR FURTHER INFORMATION PLEASE CONTACT:

Anglo Pacific Group PLC
Peter Boycott
Chairman
[phone]

OR

Anglo Pacific Group PLC
John Theobald
Chief Executive Officer
[phone]
www.anglopacificgroup.com

OR

Liberum Capital
Chris Bowman
[phone]

OR

Liberum Capital
Christopher Kololian
[phone]

OR

Pelham Bell Pottinger
Lorna Spears
[phone]

OR

Pelham Bell Pottinger
James MacFarlane
[phone]

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Anglo Pacific Group Plc