AFRICAN EAGLE ANNOUNCES NICKEL DISCOVERY IN TANZANIA


African Eagle Resources plc has received exciting early Nickel  assay
results from drilling at  its Dutwa Gold and  Base Metals Project  in
Tanzania.

Results to date include:

            36m @ 1.16% Ni from 12m depth, including 12m @ 2.52% Ni
            39m @ 1.11% Ni from 6m
            21m @ 1.33% Ni from 18m
30m @ 0.94% Ni from 12m

African Eagle's Managing Director  Mark Parker comments, "The  grades
we are seeing at Dutwa are easily comparable with those at many major
nickel laterite deposits worldwide. The results to date, coupled with
the extent of the geochemical  anomaly, suggest a substantial  nickel
endowment. This is a highly  significant discovery, the first of  its
type in Tanzania, and appears very promising."

African  Eagle  is  conducting   a  programme  of  vertical   reverse
circulation  (RC)  drilling  at  Dutwa  to  investigate  a  promising
2.5km-long nickel anomaly from last year's geochemical soil  sampling
programme.

Seven of the first ten drill holes yielded high nickel values from  a
considerable thickness of laterite within the top 50m.

These first results,  verified by  two laboratories,  are from  holes
drilled along  a  1km  segment  of  the  2.5km  geochemical  anomaly.
Cuttings from  further  drill  holes, for  which  results  are  still
awaited, indicate that the mineralisation extends over an area of  at
least 2 x 0.3km.

African  Eagle  is  continuing   drilling  to  delineate  fully   the
nickel-rich material. All  samples will also  be analysed for  cobalt
and other  elements  commonly  associated  with  nickel  in  laterite
deposits. All these results will  be reported once they are  received
and checked.

The table below sets out key intersections for which certificated and
verified assay results have been received to date.

The Company is also re-evaluating  all data from its Zanzui  project,
70km to  the south  of  Dutwa, which  returned elevated  nickel  soil
geochemical values from a similar geological setting.

The Dutwa project is located  in the eastern Lake Victoria  Goldfield
of Tanzania, 100km east of the country's second largest city, Mwanza.
The project  is very  favourably situated,  being close  to the  main
Mwanza-Nairobi trunk road, a major power  line and the shore of  Lake
Victoria.


               Table: Significant Drill Intersections
     (Assays received to 25 August 2008 using a 0.5% Ni cut-off)


     +--------------------------------------------------------+
     |  Hole No  | From (m) | Intersection (m) | Ni Grade (%) |
     |-----------+----------+------------------+--------------|
     | DTRC - 1  |    6     |        3         |     0.55     |
     |-----------+----------+------------------+--------------|
     |    and    |    12    |        15        |     0.75     |
     |-----------+----------+------------------+--------------|
     |    or     |    6     |        21        |     0.65     |
     |-----------+----------+------------------+--------------|
     |    and    |    42    |        3         |     0.53     |
     |-----------+----------+------------------+--------------|
     | DTRC - 2  |    12    |        30        |     0.94     |
     |-----------+----------+------------------+--------------|
     | DTRC - 3  |    6     |        39        |     1.11     |
     |-----------+----------+------------------+--------------|
     | DTRC - 4  |    18    |        21        |     1.33     |
     |-----------+----------+------------------+--------------|
     |    and    |    42    |        3         |     0.63     |
     |-----------+----------+------------------+--------------|
     |    or     |    18    |        27        |     1.16     |
     |-----------+----------+------------------+--------------|
     | DTRC - 5  |    9     |        6         |     0.56     |
     |-----------+----------+------------------+--------------|
     |    and    |    21    |        9         |     0.72     |
     |-----------+----------+------------------+--------------|
     |    and    |    36    |        15        |     0.80     |
     |-----------+----------+------------------+--------------|
     |    or     |    9     |        42        |     0.64     |
     |-----------+----------+------------------+--------------|
     | DTRC - 6  |    12    |        36        |     1.16     |
     |-----------+----------+------------------+--------------|
     |   Incl.   |    33    |        12        |     2.52     |
     |-----------+----------+------------------+--------------|
     | DTRC - 9  |    39    |        6         |     0.82     |
     |-----------+----------+------------------+--------------|
     |    and    |    54    |        9         |     1.03     |
     |-----------+----------+------------------+--------------|
     |    and    |   123    |        3         |     0.61     |
     |-----------+----------+------------------+--------------|
     | DTRC - 10 |    0     |        3         |     0.60     |
     +--------------------------------------------------------+


Qualified Person (AFE)

Information in this report relating  to exploration results is  based
on data  reviewed  by Mr  Christopher  Davies BSc,  MSc,  DIC,  FSEG,
FAusIMM, Operations Director for  African Eagle, who  is a Fellow  of
the Australasian Institute of Mining and Metallurgy, has more than 27
years' relevant experience in mineral exploration, and is a Qualified
Person under AIM rules.  Mr Davies consents to  the inclusion of  the
information in the form and context in which it appears.

Technical terms

A  glossary  of  technical  terms  used  by  African  Eagle  in  this
announcement  and   other  published   material  may   be  found   at
www.africaneagle.co.uk/african-eagle-projects-glossary.html

For further information:


Mark Parker
Managing Director
African Eagle
+44 20 7248 6059
+44 77 5640 6899

Nicola Marrin
Seymour Pierce Limited, London
Nominated Adviser
+ 44 20 7107 8000

Charmane Russell
Russell & Associates, Johannesburg
+ 27 11 8803924
+27 82 8928052

Ed Portman / Leesa Peters
Conduit PR, London
+44 20 7429 6607
+44 (0) 7733 363 501


About Dutwa

The Dutwa  project  is located  in  the Kilimafedha  ("money  hills")
greenstone belt, which lies in  the Lake Victoria Goldfields  (LVGF),
100km east  of  Mwanza.  Though originally  investigated  as  a  gold
project, the  area holds  excellent potential  for the  discovery  of
nickel and platinum group elements.  In ultramafic rocks adjacent  to
the  mine,  previous  explorers  have  reported  rock  chip   samples
containing up to 1.87% nickel and 10% chromium.

The project area comprises seven licences which cover 668km². African
Eagle has a 90% interest in the  properties and the option to gain  a
100% holding.

The project  area  is  underlain by  greenstones  and  granites.  The
greenstones are Nyanzian in age and are composed of intermediate  and
mafic volcanics, a suite of schistose metasediments, with banded iron
formation  (BIF)  in  the  east.  Ultramafic  bodies,  described   as
peridotites  with  olivine  picrite,  gabbro-norite  and   silicified
serpentinite, occur within  the greenstones, forming  a range of  low
hills which extend for 12km from Ngasamo in the west to the Wamangola
Hills in the east.

African Eagle has completed a regional soil geochemical survey  which
returned gold anomalies  over a  16km strike length  and high  nickel
values over  the ultramafic  rocks. The  Company has  also  conducted
ground magnetic surveys  which greatly help  to reveal the  structure
and geology of the area, and has compiled historical data including a
1957 programme of  detailed mapping and  trenching of the  ultramafic
hills.

Regular technical  updates with  maps,  sections and  the  cumulative
results of the drilling programme will be posted on the Dutwa page of
the Company's website:
www.africaneagle.co.uk/african-eagle-projects-dutwa.html

About African Eagle

African Eagle is  a diversified mineral  exploration and  development
company operating  in  eastern  and  central  Africa.  The  Company's
principal advanced projects  are the Mkushi  Copper Mines project  in
Zambia, for which a Feasibility Study  will be completed in Q4  2008,
and the Miyabi  gold project in  Tanzania, at which  the Company  has
defined an estimated  half-million ounce gold  resource. The  Company
also holds a large well-balanced portfolio of promising earlier stage
gold and base metal projects, including the Ndola and Mokambo  copper
projects.

Zambia,  Tanzania  and  Mozambique,  the  sites  of  African  Eagle's
projects, are all  countries which have  highly prospective  geology,
relatively low  above-ground risks  and track  records of  successful
major investments in the metals and minerals industries.

African Eagle specialises in  project generation and exploration.  To
take its discoveries into  production, it seeks  to sign up  industry
partners with  records of  successful mine  development. These  joint
ventures and,  in  time, the  revenue  from advanced  projects,  will
finance future exploration and new discoveries.

---END OF MESSAGE---

African Eagle Resources PLC

http://www.africaneagle.co.uk/

ISIN: GB0003394813

Stock Identifier: AIMX.AFE


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