Afarak Group Plc - Company Announcement

CAPITAL REDEMPTION PROPOSAL

11:55 London, 13:55 Helsinki, 11 April 2014 - Afarak Group Plc, Stock Exchange
Release


CAPITAL REDEMPTION PROPOSAL

Further to the information provided in the Annual Financial Statements of the
Company, the Board of Afarak Group Plc ("Afarak" or the "Company") (LSE: AFRK,
OMX: AFAGR) has now resolved to propose to the Annual General Meeting, which
will be held on 8 May 2014, that a capital redemption of EUR 0.02 per share
would be paid out of the paid-up unrestricted equity fund but no dividend would
be distributed. This replaces the previous proposal of a capital redemption of
EUR 0.01 per share, as noted in the Annual Financial Statements of the Company.

Subject to shareholder approval, the capital redemption will be paid on 22 May
2014 to shareholders who are registered on the Company's shareholder register
maintained by Euroclear Finland Ltd on the record date for payment, being 13 May
2014. Shares will commence trading without the right to the capital redemption
payment on 9 May 2014 in London and Helsinki.


AFARAK GROUP PLC
BOARD OF DIRECTORS


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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