Report for the Quarter Ended 30 September 1999

ANGLO PACIFIC GROUP PLC
28 October 1999


                           ANGLO PACIFIC GROUP PLC
             REPORT FOR THE QUARTER ENDED 30 SEPTEMBER 1999

REPORT FOR THE QUARTER ENDED 30 SEPTEMBER 1999

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
     has now been passed.
 
     (a)  Kestrel

     This mine has been steadily working towards normal production rates.

     (b)  Crinum

     The  royalty received from the Crinum coalmine , operated by BHP, for
     the quarter  to 30th June 1999 was A$ 372,331 compared to A$ 501,143 for
     the quarter ended 31st March 1999.

     The  Royalty was down due to an unusual roof fall at the mine causing a
     six-week loss in production.


2.   Fife Silica Sands, Scotland.


     Capital expenditure to extend and improve the quarry's resources  and
     equipment has continued.

Contact:   Peter Boycott Chairman                         01259 754 700
           Anglo Pacific Group plc
           Peter Gaze       Cardew & Co.                  0171 930 0777



ANGLO PACIFIC GROUP PLC
PROFORMA QUARTERLY STATEMENT OF CONSOLIDATED CASHFLOWS
FOR THE QUARTER ENDED 30 SEPTEMBER 1999


                                             CURRENT      YEAR TO
                                             QUARTER         DATE
                                                       (9 months)
                                               £'00m        £'00m


CASHFLOWS RELATED TO OPERATING ACTIVITIES

Receipts from product sales and related
debtors                                          1.6          4.5

Payments for:

exploration and evaluation                         -            -

development                                        -            -

production                                     (1.2)        (3.9)

administration                                 (0.3)        (0.8)

Dividends received                                 -            -

Interest and other items of a similar
nature received                                    -            -

Interest and other costs of finance paid       (0.1)        (0.3)

Income taxes paid                              (0.1)        (0.4)

Other - Royalties received                       0.2          0.7

NET OPERATING CASHFLOWS                          0.1        (0.2)

CASHFLOWS RELATING TO INVESTING
ACTIVITIES

Payment for equity investments                     -        (0.1)

Other (restructuring costs)                        -           -

Payment for purchases of other fixed           (0.3)        (0.9)
assets

Proceeds from sale of equity investments           -         0.1

NET INVESTING CASHFLOWS                        (0.3)        (0.9)

CASHFLOWS RELATED TO FINANCING ACTIVITIES

Cash proceeds share issue                          -         0.4

Proceeds from borrowings                           -           -

Repayment of borrowings                            -           -

Dividends paid                                 (0.1)        (0.1)

Other - share buy back                             -           -

NET FINANCING CASHFLOWS                        (0.1)         0.3

NET (DECREASE) IN CASH HELD                    (0.3)        (0.8)

Cash at beginning of quarter/year              (0.4)         0.1

Exchange rate adjustments                          -           -

CASH AT END OF QUARTER                         (0.7)        (0.7)


ANGLO PACIFIC GROUP PLC
PROFORMA QUARTERLY STATEMENT OF CONSOLIDATED CASHFLOWS
FOR THE QUARTER ENDED 30 SEPTEMBER 1999



                                             Amount         Amount
                                          Available           Used
                                              £'000          £'000
FINANCING FACILITIES AVAILABLE

Barclays Bank PLC - overdraft facility          830            685
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                          1              1

Deposits on call                                  -              5

Bank overdraft                                 (685)          (439)

Total cash at end of quarter                   (684)          (433)


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
                                       30,000        18p    9/06/09