African Eagle Resources Regulatory News (AFE)

14 Dec 2005 17:23

African Eagle Resources PLC14 December 2005 AFRICAN EAGLE RESOURCES plc HOLDINGS IN COMPANY African Eagle Resources plc (the Company, ticker AFE) was notified by RABCapital plc on the 13 December 2005, that it had reduced its holdings undermanagement to 27,515,312 ordinary shares, representing 24.32% of the Company'sissued share capital. Bevan MetcalfCompany Secretary 14 December 2005 About the Company African Eagle is an AIM-listed exploration company active in East Africa. TheCompany's strategy is to build up an asset base by discovering or acquiringmineral deposits, and to realise value for shareholders by selling orspinning-off successful projects or though a takeover of the Company. See our web site www.africaneagle.co.uk for information about the company andits projects. This information is provided by RNS The company news service from the London Stock Exchange