2nd Quarter & Interim Results

Anglo Pacific Group PLC 28 July 2000 ANGLO PACIFIC GROUP PLC REPORT FOR THE QUARTER ENDED 30 JUNE 2000 REPORT FOR THE QUARTER ENDED 30 JUNE 2000 MAIN OPERATIONS Gordon Resources - Coalmine Royalty Entitlements - Queensland (a) Kestrel (Rio Tinto) The royalty received for the quarter to 31st March 2000 was A$ 366,841 compared to A$ 74,087 for the previous quarter. (b) Crinum (Broken Hill Proprietary) The royalty received from the Crinum coalmine, for the quarter to 31st March 2000 was A$ 771,973 compared to A$ 484,014 for the quarter ended 31st December 1999. Minerals - Scotland. Development continues at the Group's Silica, Marble and Talc businesses. Contact: Peter Boycott, Chairman Anglo Pacific Group plc 01259 754700 Gavin Barry Cardew & Co. 020 7930 0777 ANGLO PACIFIC GROUP PLC PROFORMA QUARTERLY STATEMENT OF CONSOLIDATED CASHFLOWS FOR THE QUARTER ENDED 30 JUNE 2000 CURRENT QUARTER YEAR TO DATE (6 Months) £'00m £'00m CASHFLOWS RELATED TO OPERATING ACTIVITIES Receipts from product sales and related debtors 0.9 1.9 Payments for: exploration and evaluation - - development - - production (0.8) (1.8) administration (0.2) (0.4) Dividends received - - Interest and other items of a similar nature received - - Interest and other costs of finance paid (0.1) (0.2) Income taxes paid - (0.1) Other - Royalties received 0.4 0.6 NET OPERATING CASHFLOWS 0.2 - CASHFLOWS RELATING TO INVESTING ACTIVITIES Payment for equity investments - - Payment for purchases of other fixed (0.2) (0.5) assets Proceeds from sale of equity investments 0.3 0.5 NET INVESTING CASHFLOWS 0.1 - CASHFLOWS RELATED TO FINANCING ACTIVITIES Cash proceeds share issue - - Proceeds from borrowings - - Repayment of borrowings (0.3) (0.3) Dividends paid - - NET FINANCING CASHFLOWS (0.3) (0.3) NET (DECREASE) IN CASH HELD - (0.3) Cash at beginning of quarter/year (1.0) (0.7) Exchange rate adjustments - - CASH AT END OF QUARTER/ PERIOD (1.0) (1.0) ANGLO PACIFIC GROUP PLC PROFORMA QUARTERLY STATEMENT OF CONSOLIDATED CASHFLOWS FOR THE QUARTER ENDED 30 JUNE 2000 Amount Available Amount Used £'000 £'000 FINANCING FACILITIES AVAILABLE Barclays Bank PLC - 1,160 986 overdraft facility Barclays Bank PLC - Loan 3,469 3,469 facility £ m ESTIMATED CASH OUTFLOWS FOR NEXT QUARTER Exploration and evaluation Nil Development Nil RECONCILIATION OF CASH Current Quarter £'000 Previous Quarter £'000 Cash on hand and at bank 1 3 Deposits on call - - Bank overdraft (986) (987) Total cash at end of (985) (984) quarter ISSUED AND QUOTED SECURITIES AT END OF CURRENT QUARTER Categories of Number Number Quoted Par Value Paid-up Securities Issued Value Ordinary Shares 86.96 86.96 million 10p 10p million Number Exercise Expiry Date Price Options 4,000,000 18p 11/12/04 100,000 18p 4/02/09 390,000 18p 3/06/09 1,300,000 23.5p 13/10/06 400,000 25p 24/02/07 33,000 25p 8/03/10