1st Quarter Results

Anglo Pacific Group PLC
28 April 2000



                     ANGLO PACIFIC GROUP PLC
            REPORT FOR THE QUARTER ENDED 31 MARCH 2000


REPORT FOR THE QUARTER ENDED 31 MARCH 2000

MAIN OPERATIONS

1.   Gordon Resources - Coalmine Royalty Entitlements - Queensland

     The Queensland Government's legislation to increase the royalty rate from
     4%  to  7%  on the Company's Coalmine Royalty Entitlements in  Queensland
     came into effect on 1 April 2000.

     (a)  Kestrel (Rio Tinto)

     This mine is now working at normal production rates.  The royalty
     received  for the quarter to 31 December 1999 was A$ 74,087  compared  to
     nil for the previous quarter.

     (b)  Crinum (Broken Hill Proprietary)
     
     The  royalty  received from the Crinum coalmine, for the  quarter  to  31
     December 1999 was A$ 484,014 compared to A$ 404,000 for the quarter ended
     30 September 1999.
     
2.   Minerals - Scotland.

     The  Group continues to look for new markets and joint ventures for their
     silica, marble and Talc products.

Contact:                                          Peter    Boycott    Chairman
                                                  01259 754 700
          Anglo Pacific Group plc
          Gavin Barry                             Cardew         &         Co.
                                                  0207 930 0777



ANGLO PACIFIC GROUP PLC
PROFORMA QUARTERLY STATEMENT OF CONSOLIDATED CASHFLOWS
FOR THE QUARTER ENDED 31 MARCH 2000
                                                     
                                            CURRENT  YEAR TO DATE
                                            QUARTER  (3 Months)
                                                     
                                              £'00m         £'00m
                                                     
CASHFLOWS RELATED TO OPERATING                                   
ACTIVITIES
                                                     
Receipts from product sales and related                          
debtors                                        1.0          1.0
                                                     
Payments for:                                                    
                                                     
exploration and evaluation                        -             -
                                                     
development                                       -             -
                                                     
production                                    (1.0)         (1.0)
                                                     
administration                                (0.2)         (0.2)
                                                     
Dividends received                                -             -
                                                     
Interest and other items of a similar                            
nature received                                   -             -
                                                     
Interest and other costs of finance paid      (0.1)         (0.1)
                                                     
Income taxes paid                             (0.1)         (0.1)
                                                     
Other - Royalties received                     0.2           0.2
                                                     
NET OPERATING CASHFLOWS                       (0.2)         (0.2)
                                                     
CASHFLOWS RELATING TO INVESTING                                  
ACTIVITIES
                                                     
Payment for equity investments                    -             -
                                                     
Payment for purchases of other fixed          (0.3)         (0.3)
assets                                                           
                                                                 
Proceeds from sale of equity investments       0.2          0.2
                                                                 
                                                     
NET INVESTING CASHFLOWS                       (0.1)         (0.1)
                                                     
                                                                 
                                                     
                                                                 
CASHFLOWS RELATED TO FINANCING
ACTIVITIES
                                                     
Cash proceeds share issue                         -             -
                                                     
Proceeds from borrowings                          -             -
                                                     
Repayment of borrowings                           -             -
                                                                 
Dividends paid                                    -             -
                                                   
                                                   
                                                     
NET FINANCING CASHFLOWS                           -             -
                                                     
NET (DECREASE) IN CASH HELD                   (0.3)         (0.3)
                                                     
Cash at beginning of quarter/year             (0.7)         (0.7)
                                                     
Exchange rate adjustments                         -             -
                                                     
CASH AT END OF QUARTER                        (1.0)         (1.0)

ANGLO PACIFIC GROUP PLC
PROFORMA QUARTERLY STATEMENT OF CONSOLIDATED CASHFLOWS
FOR THE QUARTER ENDED 31 MARCH 2000

                                                       
                                                Amount     Amount
                                             Available       Used
                                                 £'000      £'000
                                                       
FINANCING FACILITIES AVAILABLE                                   
                                                       
Barclays Bank PLC - overdraft facility           1,160        987
                                                       
Barclays Bank PLC - Loan facility                3,750      3,750
                                                                 
ESTIMATED CASH OUTFLOWS FOR NEXT QUARTER                      £ m
                                                       
Exploration and evaluation                                    Nil
                                                       
Development                                                   Nil
                                                       
RECONCILIATION OF CASH                         Current   Previous
                                               Quarter    Quarter
                                                 £'000      £'000
                                                       
Cash on hand and at bank                             3          2
                                                       
Deposits on call                                     -          -
                                                       
Bank overdraft                                   (987)      (735)
                                                       
Total cash at end of quarter                     (984)      (733)



ISSUED AND QUOTED SECURITIES AT END OF CURRENT QUARTER

                                                       
Categories of             Number     Number        Par    Paid-up
Securities                Issued     Quoted      Value      Value
                                                       
Ordinary Shares            86.96      86.96        10p        10p
                         million    million
                                                       
                                                                 
                                                       
                                     Number   Exercise     Expiry
                                                 Price       Date
                                                       
Options                          4,000,000        18p   11/12/04
                                   100,000        18p    4/02/09
                                   390,000        18p    3/06/09
                                 1,300,000      23.5P   13/10/06
                                   400,000        25p   24/02/07
                                    33,000        25p    8/03/10