Qtrly Results to 31 Dec.2001

Anglo Pacific Group PLC 29 January 2002 ANGLO PACIFIC GROUP PLC REPORT FOR THE QUARTER ENDED 31ST DECEMBER 2001 MAIN OPERATIONS 1. Gordon Resources Limited - Coalmine Royalty Entitlements - Queensland (a) Kestrel (Rio Tinto) The royalty received for the quarter to 30th September 2001 was A$1,919,263 compared to A$1,390,681 for the previous quarter. (b) Crinum (Broken Hill Proprietary) The royalty received for the quarter to 30th September 2001 was A$1.585,335 compared to A$1,728,451 for the previous quarter. Note: The change to the basis of calculating coal royalties as detailed in our June 2001 quarterly report was made in December 2001 by the Queensland Government subject to minor alterations. The new rate came into effect on 1st January 2002. 2. Minerals - Scotland The search for joint venture partners or a buyer for our marble and talc assets continues. 3. Anglo Digital Limited This company has been sold at a small profit. For further information please contact: Jonathan Rooper Cardew & Co 020 7930 0777 ANGLO PACIFIC GROUP PLC PROFORMA QUARTERLY STATEMENT OF CONSOLIDATED CASHFLOWS FOR THE QUARTER ENDED 31st DECEMBER 2001 CURRENT QUARTER YEAR TO DATE (12 Months) £m £m CASHFLOWS RELATED TO OPERATING ACTIVITIES Receipts from product sales and related 0.1 0.4 debtors Payments for: Exploration and evaluation - - Development - - Production (0.1) (0.3) Administration (0.2) (1.0) Dividends received - - Interest and other items of a similar - - nature received Interest and other costs of finance paid - - Income taxes paid (0.3) (1.1) Other - Royalties received 1.2 4.5 NET OPERATING CASHFLOWS 0.7 2.5 CASHFLOWS RELATING TO INVESTING ACTIVITIES Payment for equity investments - (0.1) Payment for purchases of other fixed assets - - Proceeds from sale of equity investments 0.1 0.4 NET INVESTING CASHFLOWS 0.1 0.3 CASHFLOWS RELATED TO FINANCING ACTIVITIES Cash proceeds share issue - - - Proceeds from borrowings - Repayment of borrowings - (0.8) Dividends paid - - NET FINANCING CASHFLOWS - (0.8) NET INCREASE/(DECREASE) IN CASH HELD 0.8 2.0 Cash at beginning of quarter/year 1.4 0.2 Exchange rate adjustments - - CASH AT END OF QUARTER/PERIOD 2.2 2.2 ANGLO PACIFIC GROUP PLC PROFORMA QUARTERLY STATEMENT OF CONSOLIDATED CASHFLOWS FOR THE QUARTER ENDED 31ST DECEMBER Amount Available Amount Used £'000 £'000 FINANCING FACILITIES AVAILABLE Nil Nil Barclays Bank PLC - overdraft facility Nil Nil Barclays Bank PLC - Loan facility ESTIMATED CASH OUTFLOWS FOR NEXT QUARTER £'m Exploration and evaluation Nil Development Nil RECONCILIATION OF CASH Current Quarter Previous Quarter £'000 £'000 Cash on hand and at bank 38 9 Deposits on call 2,173 1,424 Bank overdraft - - Total cash at end of 2,211 1,433 quarter ISSUED AND QUOTED SECURITIES AT END OF CURRENT QUARTER Categories of Number Number Par Value Paid-up Securities Issued Quoted Value Ordinary Shares 86.96 86.96 10p 10p million million Number Exercise Expiry Price Date Options 2,000,000 18p 11/12/04 332,000 18p 3/06/09 1,300,000 23.5p 13/10/06 33,000 25p 8/03/10 This information is provided by RNS The company news service from the London Stock Exchange