CAN Central A.G.

RNS Number:2710B
Central African Gold PLC
01 August 2007

 Central African Gold Plc / Ticker: CAN / Market: AIM / Sub-sector: Gold Mining

1 August 2007

               Central African Gold plc ("CAG" or "the Company")
                         Change in Directors' Interests



The Company confirms that on 31 July 2007 it issued 2,700,054 new ordinary
shares of 0.5p each, subject to admission to trading on AIM, pursuant to the
exercise of options held by Greg Hunter (Chief Executive) and Mark Rosslee
(Chief Financial Officer), both of whom are directors of the Company, and a
number of other senior managers.

The options exercised by Messrs Hunter and Rosslee were all granted on their
respective appointments to the Company on 8 March 2006 as part of their
remuneration packages agreed at the time, and converted on a one for one basis
into ordinary shares of 0.1p each in the Company at a strike price of 3.75p per
share based on the then average of the prevailing six months closing mid-market
price at the time. However, following the one for five share consolidation
approved by shareholders at the annual general meeting on 15 June 2007 the terms
of such options were adjusted accordingly so that for every five options held
the holder would be entitled to subscribe for one ordinary share of 0.5p each in
the Company, at a strike price of 18.75p per share. Consequently, such options
can only be exercised in multiples of five.

In accordance with the FSA's Disclosure and Transparency Rules, the Company
would like to notify the market that the aforementioned directors' interests in
the issued share capital of the Company are as follows:




                                        Number of ordinary shares        % of issued ordinary shares capital

Greg Hunter                                               800,000                                       0.8%
Mark Rosslee                                              500,000                                       0.5%
                                                        1,300,000                                       1.3%



Application has been made for the new ordinary shares to be admitted to trading
on AIM, which is expected to become effective on 3 August 2007.

The new ordinary shares will, on admission to trading on AIM, be credited as
fully paid and rank pari passu in all respects with the existing issued ordinary
shares.

The total number of issued ordinary shares in the Company, including the new
ordinary shares, is now 96,903,953 ordinary shares. This figure may be used by
shareholders as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change to their
interest in, CAG, under the Disclosure and Transparency Rules.



                                  * * ENDS * *



For further information please contact or visit www.centralafricangold.com or
contact:


Central African Gold Plc
Greg Hunter                                        Tel:      +27 (0) 82 882 4222

In London:
St Brides Media & Finance Ltd
Hugo de Salis/ Felicity Edwards                    Tel:     +44 (0) 20 7242 4477

Strand Partners Limited
Simon Raggett  /Braden Saunders                    Tel:     +44 (0) 20 7409 3494

In South Africa:
Central African Gold
Nicole Broome                                      Tel:      +27 (0) 11 676 2500
                                                   Mob:      +27 (0) 83 601 1702

Russell and Associates
Charmane Russell                                   Tel:     + 27 (0) 11 880 3924
                                                   Mob:     + 27 (0) 82 372 5816



Notes to Editors:

Central African Gold Plc, admitted to AIM in April 2004, was established to
acquire gold assets with a geographical focus on Africa. The Company has
established a sound portfolio with projects in Ghana, Mali, Zimbabwe and
Botswana. It has a highly experienced management team, which has worked together
for four years managing six underground greenstone gold mining operations and
building exploration portfolios.

CAG's portfolio includes the producing Bibiani gold mine and prospecting
licences in Ghana, which it acquired from AngloGold Ashanti Ltd, two joint
ventures in Mali covering 23 prospective permits and licences in Botswana
covering the extension of the Kraaipan greenstone belt from South Africa. CAG
recently acquired five mines and extensive exploration properties in Zimbabwe.
The directors are evaluating additional prospects in Africa to establish CAG as
a leading mid-tier African gold producer with world class exploration and
production assets.






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