Exercise of Options, Issue of Equity, Total Vot...

African Consolidated Resources plc / Ticker: AFCR / Index: AIM / Sector: Mining
                                  4 July 2011
          African Consolidated Resources plc ('ACR' or the 'Company')
                              Exercise of Options
                                Issue of Equity
                              Total Voting Rights

ACR,  the AIM listed southern African  focused resource development company, was
notified  on  29 June  2011 that  3,250,000 options  over ordinary shares in the
Company  (the 'Options')  were exercised  at a  price of  4.5 pence per ordinary
share.

The  Options were granted at  the time of the  Company's admission to AIM on 29
June  2006 and were  to expire  on 29 June  2011.  1,000,000 of the Options were
granted  to Andrew Cranswick, a Director of the Company, but were assigned to an
outside  assignee  on  3 May  2011 as  detailed  in  an announcement made by the
Company on 5 May 2011.

Application  has been made  for the admission  of 3,250,000 ordinary shares (the
'New  Shares') to trade on AIM and  admission is expected to become effective on
8 July  2011. The  New  Shares  will  rank  pari  passu in all respects with the
Company's existing ordinary shares.

Following  admission of the New Shares, the total number of voting rights in the
Company will be 456,586,451.

The  above  figure  may  be  used  by  shareholders  as  the denominator for the
calculations  by which they will determine if  they are required to notify their
interest in, or a change to their interest in ACR under the FSA's Disclosure and
Transparency Rules.

                                    **ENDS**

For further information visit www.acrplc.com or please contact:

 Roy Tucker          African Consolidated Resources plc   [phone]
                                                          [phone]

 Andrew Godber       Panmure Gordon (UK) Limited          [phone]

 Callum Stewart      Panmure Gordon (UK) Limited          [phone]

 Abhishek Majumdar   Panmure Gordon (UK) Limited          [phone]

 Susie Geliher       St Brides Media & Finance Ltd        [phone]









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Source: African Consolidated Resources Plc via Thomson Reuters ONE

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