RNS Number:2744S
Anglo Pacific Group PLC
20 November 2003

20th November 2003

                            ANGLO PACIFIC GROUP PLC

The Board of Anglo Pacific Group PLC, (APG), is pleased to announce an interim
dividend for the year ending 31st December 2003 of 1.3p net per ordinary share
(2002 Interim 1.1p net). This will be paid to shareholders registered on the
share register at the close of business on 5th December 2003.

The shares will be quoted ex dividend in London on 3rd December 2003 and in
Australia on 1st December 2003 and the dividend will be paid on 30th January
2004.

Shareholders will be given the opportunity to elect to receive a scrip dividend
instead of cash. Shareholders will shortly receive notice of an EGM to be held
on Wednesday 7th January 2004 in order to approve the payment of scrip
dividends.

Anglo Pacific receives a 7% royalty based on the sales price per ton on its
share of coal produced at two mines operated by Rio Tinto and BHP Billiton in
Queensland, Australia.These royalties are unaffected by any reduced
profitability of the mines due to the appreciating Australian dollar.

Increased coal royalty receipts for the quarter ended 30th September 2003
confirm that mining has started reverting back to the privately owned areas of
the mines. This will be reflected in the 2003 fourth quarter's cashflow which
will be released as normal by 31st January 2004.

With increasing demand for coking coal from both China and India as well as
Japan, coking coal prices look set to increase. This is indicated by current
spot prices which are well ahead of last year's fixed contract prices.

With recent strong coal and base metal prices as well as higher gold and
platinum group metal prices, the Board remains confident about the increasing
value of its other coal and precious metal mining interests.

The Board again wish to thank shareholders for their continued support.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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