Afarak Group Plc - Company Announcement

AFARAK GROUP - DISTRIBUTION AGREEMENT SIGNED

04 February 2016 - Afarak Group Plc, Stock Exchange Release

AFARAK GROUP - DISTRIBUTION AGREEMENT SIGNED

Afarak Group Plc ("Afarak" or the "Company") (LSE: AFRK, NASDAQ: AFAGR)
announces that its wholly owned subsidiary Afarak Trading Limited (RCS) has
entered into a long-term agreement with US company Carpenter Technology
Corporation. Carpenter Technology Corporation has been producing specialty
alloys for more than a century and their specialty alloys have been used in a
variety of mission-critical commercial aerospace applications, including
components for airframes, pneumatic ducting, turbine engines, landing gear and a
multitude of other high performance applications found in the aerospace
industry.

Afarak Trading Limited will provide Low Carbon Ferro Chrome produced at
Elektrowerk Eschweiler-Weisweiler in Germany, another wholly owned subsidiary of
Afarak Group Plc. The vertical integration of Afarak Group and its consistent
quality are important factors considered in the risk analysis by aerospace
suppliers.


AFARAK GROUP PLC
Alistair Ruiters
CEO


For additional information, please contact:

Afarak Group Plc
Dr Alistair Ruiters, CEO, tel +358 50 372 1130 (Helsinki Office),
alistair.ruiters@afarak.com

Afarak Group is a chrome mining and minerals producer focused on delivering
sustainable growth with speciality alloys business in Europe and ferro alloys
business in southern Africa. The Company is listed on NASDAQ Helsinki (AFAGR)
and the Main Market of the London Stock Exchange (AFRK).
www.afarak.com

Distribution:
NASDAQ Helsinki
London Stock Exchange
main media
www.afarak.com




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