RNS Number:3682Q
Central African Gold PLC
18 March 2008


     Central African Gold Plc / Ticker: CAN / Index: AIM / Sector: Mining &
                                  Exploration
18 March 2008

               Central African Gold Plc ("CAG" or the "Company")
                              Exercise of Options

Central African Gold, the AIM quoted gold mining and exploration company,
confirms that on 17 March 2008 it issued 407,074 new ordinary shares of 0.5p
each in the Company ("Ordinary Shares"), subject to admission to trading on AIM,
pursuant to the exercise of options.

Application has been made for the new Ordinary Shares to be admitted to trading
on AIM, which is expected to become effective on 25 March 2008.

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.

With effect from 25 March 2008, the total number of issued Ordinary Shares in
the Company, including the new Ordinary Shares, will be 166,937,036 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 * *

Enquiries, please contact:

Central African Gold Plc
Greg Hunter/Nicole Broome                               Tel: +27 (0) 11 676 2500

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






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

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