JV PARTNER ANNOUNCES DRILL RESULTS AT MIYABI GOLD PROJECT

African Eagle Resources plc ("African Eagle" or "the Company"; AIM: AFE; AltX: AEA) is pleased to report that its joint venture partner BrightStar Resources Ltd ("BrightStar") has announced that its drilling programme at Miyabi gold project in Tanzania had discovered a substantial additional gold mineralised system.

Results include:

• MBRB637 9m at 0..89g/t Au from 18m, including 3m at 1.76g/t
• MBRB654 7m at 0..64g/t Au from 18m
• MBRB668 1m at 6..08g/t Au from 24m
• MBRB702 18m at 0.99g/t Au from 0m, including 6m at 2.56g/t Au from 0m

BrightStar's results confirm African Eagle's belief that the Miyabi structural corridor is highly prospective and that systematic exploration will be likely to make significant additions to the 0.5 million ounce resource delineated by the Company.

BrightStar Technical Director Mr Paul Payne said: "We continue to be encouraged by the results from this first pass RAB program. We have discovered a gold mineralised system similar in geometry and nature to the Miyabi Structural Corridor which hosts the 520,000oz Mineral Resource. Deeper drilling will proceed in the next few weeks."

Four gold mineralised structures have now been discovered, from 20m to 150m wide, all requiring follow-up drilling. The gold mineralisation is strongly open to the east where prospective greenstones remain untested for a further 3km.

Several of these shallow reconnaissance drill holes ended in mineralisation and the discovery will now be followed up by a programme of deeper reverse circulation ("RC") drilling. All the mineralised intersections are in oxidized rock and it is likely that the gold grades will be higher in fresh rock beneath, as has been seen elsewhere in the Miyabi project.

The drilling programme consisted of shallow RAB holes at 30m spacing along fences 200m apart. Approximately 400 holes were completed with average depth of about 27m and to date, results have been received for around 60% of the holes.

The Miyabi gold project is a Joint Venture between African Eagle and ASX-listed BrightStar Resources Ltd, under which BrightStar can earn up to 75% of the project by completing exploration and a feasibility study.A table of all mineralised intersections is set out in the appendix to this release and full details of the Miyabi drilling programme and results can be found on BrightStar's web site: http://brightstarresources.com.au/

Qualified Person

Information in this report relating to reported exploration results is based on Brightstar's data reviewed by Mr Christopher Davies BSc, MSc, DIC, FSEG, FAusIMM, Operations Director for African Eagle, who is a Fellow of the Australasian Institute of Mining and Metallurgy, has more than 30 years' relevant experience in mineral exploration, and is a Qualified Person under AIM rules. Mr Davies consents to the inclusion of the information in the form and context in which it appears.

For further information please see the Company's web site at www.africaneagle.co.uk or contact one of the following:

African Eagle Resources plc
Mark Parker (Managing Director)
Euan Worthington (Chairman)
Sandra Spencer (PR Consultant)
+44 20 7248 6059
+44 77 5640 6899
+44 75 1535 7790

Canaccord Genuity Limited
Andrew Chubb
Bhavesh Patel
+44 20 7050 6500

Ocean Equities Limited
Guy Wilkes
+44 20 7786 4370

Russell & Associates, Johannesburg
Charmane Russell
Marion Brower
+27 11 8803924
+27 82 8928052

Appendix

List of all drill intersections greater than 0.1g/t gold

(eoh) indicates that the hole ended in gold mineralisation

• Most samples analysed as 3m composites
• Sampling carried out using a cyclone and riffle splitter at 1m intervals
• Sample preparation at ALS Global in Mwanza, Tanzania
• Gold analysis carried out by OMAC Laboratories in Ireland using 50g aqua regia
• QAQC samples submitted routinely with excellent results
• Holes located by GPS then transformed to local grid coordinates
• Intersections are generally interpreted to represent true width. Where holes ended in mineralisation, true thickness may be greater than the intersection thickness.