AFARAK GROUP

AFARAK RECEIVES DECISION FROM THE HIGH ADMINISTRATIVE COURT

16:00 London, 18:00 Helsinki, 24 April 2020 - Afarak Group Plc ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)

AFARAK RECEIVES DECISION FROM THE HIGH ADMINISTRATIVE COURT

Stock Exchange Release

It has come to the attention of Afarak Group Plc, that the High Administrative Court has today made two decisions on the matter that is related to the decision rendered by FIN-FSA on October 7, 2018. The High Administrative Court decided not to give rights to appeal.

The Company is not a party to these decisions.

Helsinki, April 24, 2020

AFARAK GROUP PLC

Board of Directors

For additional information, please contact:

Afarak Group Plc

Guy Konsbruck, CEO, [phone], [e-mail]

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

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

Distribution:
NASDAQ Helsinki
London Stock Exchange
Main media

www.afarak.com