Afarak Group Plc - Company Announcement

AFARAK GROUP: CHANGES IN THE MANAGEMENT TEAM

13:10 London, 15:10 Helsinki, 18 December 2013 - Afarak Group Plc, Stock
Exchange Release

AFARAK GROUP: CHANGES IN THE MANAGEMENT TEAM

Afarak  Group Plc ("Afarak" or the  "Company") (LSE: AFRK, OMX: AFAGR) announces
that  Mr Stefano Bonati will leave his  position as Chief Commercial Officer and
steps  down from the  Afarak Executive Management  Team. Mr Bonati will continue
his  duties, as a consultant,  for the Company. Mr  Michael Lillja, an Executive
Director  and Head of Marketing of RCS, the Company's marketing arm, replaces Mr
Bonati in the Executive Management Team.

The  composition of the new  Executive Management of Afarak  is as follows as of
18 December 2013: Dr Danko Koncar, CEO; Dr Alistair Ruiters, Executive Chairman,
Afarak South Africa; and Mr Michael Lillja, Head of Marketing.


AFARAK GROUP PLC
Danko Koncar
CEO


For additional information, please contact:

Afarak Group Plc
Danko Koncar, CEO, +44 (0)20 7376 1175, danko.konchar@afarak.com

Investec Bank Plc
Jeremy Wrathall, +44 (0)20 7597 5970

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

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

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