2nd Quarter & Interim Results

Anglo Pacific Group PLC
28 July 2000

ANGLO PACIFIC GROUP PLC 
REPORT FOR THE QUARTER ENDED 30 JUNE 2000 
 
 
REPORT FOR THE QUARTER ENDED 30 JUNE 2000  
 
MAIN OPERATIONS 
 
 
Gordon Resources - Coalmine Royalty Entitlements - Queensland

(a) Kestrel (Rio Tinto) 
 
The royalty received for the quarter to 31st March 2000 was A$ 366,841
compared to A$ 74,087 for the previous quarter. 
 
(b) Crinum (Broken Hill Proprietary) 
 
The royalty received from the Crinum coalmine, for the quarter to 31st March
2000 was A$ 771,973 compared to A$ 484,014 for the quarter ended 31st
December 1999. 
 
 
Minerals - Scotland.

Development continues at the Group's Silica, Marble and Talc businesses. 
 
 
 Contact:

Peter Boycott, Chairman      Anglo Pacific Group plc        01259 754700
Gavin Barry                  Cardew & Co.                  020 7930 0777
 
 
 
ANGLO PACIFIC GROUP PLC 
PROFORMA QUARTERLY STATEMENT OF CONSOLIDATED CASHFLOWS 
FOR THE QUARTER ENDED 30 JUNE 2000 

                                                                              
                                                                              
                                             CURRENT QUARTER    YEAR TO DATE  
                                                                (6 Months)    
                                             £'00m                            
                                                                £'00m         
                                                                              
  CASHFLOWS RELATED TO OPERATING                                              
  ACTIVITIES                                                                  
                                                                              
  Receipts from product sales and related                                     
  debtors                                    0.9                1.9           
                                                                              
  Payments for:                                                               
                                                                              
  exploration and evaluation                   -                  -           
                                                                          
  development                                  -                  -           
                                                                            
  production                                (0.8)              (1.8)         
                                                                              
  administration                            (0.2)              (0.4)         
                                                                              
  Dividends received                           -                  -           
                                                                             
  Interest and other items of a similar                                       
  nature received                              -                  -           
                                                                              
  Interest and other costs of finance paid  (0.1)              (0.2)         
                                                                              
  Income taxes paid                            -               (0.1)         
                                                                              
  Other - Royalties received                 0.4                0.6           
                                                                              
  NET OPERATING CASHFLOWS                    0.2                  -           
                                                                              
  CASHFLOWS RELATING TO INVESTING                                             
  ACTIVITIES                                                                  
                                                                              
  Payment for equity investments               -                  -           
                                                                              
  Payment for purchases of other fixed      (0.2)             (0.5)        
  assets                                                                      
                                                                              
  Proceeds from sale of equity investments   0.3                0.5           
                                                                              
  NET INVESTING CASHFLOWS                    0.1                  -           
 
                                                                            
                                                                         
                                                                              
  CASHFLOWS RELATED TO FINANCING                                              
  ACTIVITIES                                                                  
                                                                              
  Cash proceeds share issue                   -                   -           
                                                                              
  Proceeds from borrowings                    -                   -           
                                                                         
  Repayment of borrowings                  (0.3)               (0.3)         
                                                                              
  Dividends paid                              -                   -           
                                                                           
                                                                              
  NET FINANCING CASHFLOWS                  (0.3)               (0.3)         
                                                                              
  NET (DECREASE) IN CASH HELD                 -                (0.3)         
                                                                              
  Cash at beginning of quarter/year        (1.0)               (0.7)         
                                                                              
  Exchange rate adjustments                   -                   -           
                                                                              
  CASH AT END OF QUARTER/ PERIOD           (1.0)               (1.0)         
 
ANGLO PACIFIC GROUP PLC 
PROFORMA QUARTERLY STATEMENT OF CONSOLIDATED CASHFLOWS 
FOR THE QUARTER ENDED 30 JUNE 2000 
 

                                                                              
                                                                              
                                Amount Available         Amount Used          
                                £'000                    £'000                
                                                                              
  FINANCING FACILITIES                                                        
  AVAILABLE                                                                   
                                                                              
  Barclays Bank PLC -           1,160                      986                
  overdraft facility                                                          
                                                                              
  Barclays Bank PLC - Loan      3,469                    3,469                
  facility                                                                    
                                                           £ m                
  ESTIMATED CASH OUTFLOWS FOR                                                 
  NEXT QUARTER                                                                
                                                                              
  Exploration and evaluation                               Nil                
                                                                              
  Development                                              Nil                
                                                                              
  RECONCILIATION OF CASH        Current Quarter £'000    Previous Quarter     
                                                         £'000                
                                                                              
  Cash on hand and at bank         1                        3                 
                                                                              
  Deposits on call                 -                        -                 
                                                                              
  Bank overdraft                (986)                    (987)                
                                                                              
  Total cash at end of          (985)                    (984)                
  quarter                                                                     
 
 
 
ISSUED AND QUOTED SECURITIES AT END OF CURRENT QUARTER 
 

                                                                              
                                                                              
  Categories of     Number         Number Quoted   Par Value     Paid-up      
  Securities        Issued                                       Value        
                                                                              
  Ordinary Shares   86.96          86.96 million   10p           10p          
                    million                                                   
                                                                              
                                                                              
                                   Number          Exercise      Expiry Date  
                                                   Price                      
                                                                              
  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