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Afarak Group PLC

ERRATA CORRIGE: AFARAK GROUP PLC'S PUBLISHES FINANCIAL STATEMENTS AND ANNUAL REPORT FOR 1 JANUARY -

15:00 , 17:00 , - ("Afarak" or "the Company") (LSE: AFRK, OMX: AFAGR) Annual Financial ReportLondonHelsinki30 March 2018Afarak Group Plc
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.Source: via Globenewswire

Afarak Group

PUBLISHES FINANCIAL STATEMENTS AND ANNUAL REPORT FOR 1 JANUARY -AFARAK GROUP PLC'S31 DECEMBER 2017

("Afarak" or the "Company") (LSE: AFRK, NASDAQ: AFAGR) announces that it has published today its Annual Report for the year ended which is available from the Company's website .Afarak Group plc31 December 2017www.afarak.com

The Annual Report for 2017 includes a detailed Strategic Review which analysis the Company's operational and financial performance, risk management and a sustainability review with a focus on the initiatives undertaken with respect to health & safety, host communities and the environment.  A Governance Review highlighting the Board's work during 2017 and initiatives related to Corporate Governance is also included.  The Annual Report also includes an updated Resources and Reserves Statement for the Company's mining assets in following activities over the course of 2017.South Africa

Commenting on the Annual Report, , CEO of , said that "This year's Annual Report highlights our record results in 2017. Our performance was underpinned by a clear focus on improving operational efficiencies and on making more adaptable to the favourable market conditions." Guy KonsbruckAfarakAfarak

, Chairman of added that, "2017 will be remembered not only for the record results but for the turnaround and renewal of the organisation. Although the positive results were largely supported by the favourable market conditions, the internal restructuring and implementation of a new growth vision and strategy by the Board and Management played a key role."Jelena ManojlovicAfarak

A copy of the Annual Report 2017 has been submitted to the National Storage Mechanism    and    will    shortly    be    available    for    inspection   at .UK'swww.hemscott.com/nsm.do

will hold its 2017 Annual General Meeting in on . The notice of the meeting will be released in . AfarakHelsinki29 May 2018April 2018

CEOGuy Konsbruck

For additional information, please contact:

Afarak Group Plc

, CEO, +356 2122 1566,, +356 9940 8746,Guy KonsbruckJean Paul Fabri guy.konsbruck@afarak.comjp.fabri@afarak.com

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

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

Distribution:NASDAQ Main media


HelsinkiLondon Stock Exchange

www.afarak.com




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