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Response to Press Speculation

12th Sep 2005 07:02

African Gold PLC12 September 2005 African Gold Plc Response to press speculation London, 12th September 2005 - The Board of African Gold Plc ("African Gold") hasnoted the article in yesterday's Sunday Telegraph speculating about a possiblereverse takeover of Mwana Africa Holdings. The Board of African Gold can confirmthat they are in advanced negotiations with Mwana Africa Holdings (Pty) Ltd, aprivately held African mining company, which may lead to an offer being made forthe company. The Board should be in a position to make an announcement shortly. Contacts:Oliver Baring + 44 (20) 7654 5588African Gold www.africangoldplc.com Tom Randell/ David Simonson + 44 (20) 7653 6620Merlin African Gold is an AIM listed company (AFG) with gold mining interests in Africa www.africangoldplc.com This information is provided by RNS The company news service from the London Stock Exchange

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