African Energy is an exploration and development company with projects in Southern Africa. The Company is currently engaged in feasibility studies and development plans for a number of uranium deposits in southern Zambia, with the objective of completing these studies in 2008 and commencing development of the projects in 2009.

Exploration for uranium and coal is also continuing on the Companies large holdings of tenements and joint venture projects in Zambia, Botswana and Malawi.

The Company has an experienced Board of Directors and management team who have been associated with successful exploration projects and mining developments in Zambia, as well as large scale uranium mining operations in Australia.

1 August 2008 Change of Director's Interest Notice 30 July 08 June 2008 - Quarterly Activities & Cashflow Report 23 July 08 New - Experience a fly-through of the Chirundu Uranium Project 23 July 08 The Chirundu Uranium Deposits in Zambia - July 2008 Investor Update 26 june 08 The Chirundu Uranium Deposits in Zambia - June 2008 Investor Update