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DIRECTOR’S DEALING

19 March 2008

African Eagle Resources plc (“African Eagle”, “AFE” or “the Company”, ticker AIM: AFE, AltX: AEA) has been notified today by Mark Parker, Managing Director, that he has today sold to his Self-Invested Personal Pension (“SIPP”) 1,066,680 ordinary shares in the Company (“Ordinary Shares”) at 7.5 pence per share. Mr Parker’s notifiable and beneficial interests in the share capital of the Company remain unchanged.

Bevan Metcalf
Company Secretary
African Eagle Resources plc

For further information, contact one of the following:

Mark Parker
Managing Director
+44 20 7248 6059
+44 77 5640 6899

Nicola Marrin
Seymour Pierce Limited
Nominated Adviser
+ 44 20 7107 8000