STATEMENT BY AFARAK GROUP

15:15 London, 17:15 Helsinki, July 2, 2018 - Afarak Group Plc ("Afarak" or "the Company")

STATEMENT BY AFARAK GROUP

With reference to several recent inaccurate news reports in different media sources, the Company wishes to stress out that it is not aware of any large transactions of its shares.

The Company will not comment any further on such rumours or shareholder issues.

Guy Konsbruck

CEO

For additional information, please contact:

Guy Konsbruck, CEO, [phone], [e-mail]

Jean Paul Fabri, [phone], [e-mail]

Financial reports and other investor information are available on the Company's website: www.afarak.com.

Afarak Group is a specialist alloy producer focused on delivering sustainable growth with a Speciality Alloys business in southern Europe and a FerroAlloys business in South Africa. The Company is listed on NASDAQ Helsinki (AFAGR) and the Main Market of the London Stock Exchange (AFRK).

Distribution:

NASDAQ Helsinki

London Stock Exchange

Main media

www.afarak.com

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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Afarak Group via Globenewswire