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14 June 2005

Interim Results for the six months ended 3 April 2005

ATH Resources plc, one of the UK’s largest coal producers, reports its Interim Results for the six months ended 3 April 2005.

Highlights

Sale of 638,000 tonnes of coal produced turnover of £17.1 million
EBITDA of £3.8 million
Profit before interest and tax totalled £1.8 million
Earnings per share of 3.39 pence per share
Interim dividend of 3.36 pence per share proposed
Group’s permitted reserve base now risen to 6.6 million tonnes from 2.4 million tonnes at 26 September 2004

Commenting on the Interim Results, Tom Allchurch, Chief Executive of ATH Resources, said: “The last six months have continued the rapid pace of activity set last year. The Group has now secured additional reserves which should enable it to grow production during each of the next 5 years. Recent trading has shown improvement over the same period last year, however severe wet weather during December and January did limit performance.

“With the purchase of the Grievehill and Glenmuckloch sites now completed, and our ongoing commitment to developing the reserve base, ATH Resources will continue to grow in what is an essential constituent of the country’s electricity supply industry.”

For further information:

ATH Resources
Tom Allchurch, Chief Executive	Tel: +44 (0) 1302 760 462
tom.allchurch@ath.co.uk

Seymour Pierce Limited
Sarah Wharry, Corporate Finance	Tel: +44 (0) 20 7107 8000
sarahwharry@seymourpierce.com	www.seymourpierce.com

Media enquiries:
Abchurch
Henry Harrison-Topham	Tel: +44 (0) 20 7398 7702
henry.ht@abchurch-group.com	www.abchurch-group.com

Notes to Editors:

ATH Resources is an AIM-listed operator of opencast coal mines in the UK with its current two operational mines, Skares Road and Garleffan, located near New Cumnock, East Ayrshire in Scotland. The Company is currently the third largest producer of coal in the UK producing approximately 1.6 million tonnes per annum. Coal was used to generate 34.7 per cent of the UK’s electricity in 2003 and the Company holds coal supply contracts with four of the UK’s main electricity generating companies.

The management team has been in place since 1998. It acquired the rights to operate (and subsequently acquire) the Skares Road mine with support from The Alchemy Plan and Bank of Scotland. Following ATH Resource’s incorporation in October 2003, and backed by a follow on investment from The Alchemy Plan, the Company acquired the Garleffan mine in November 2003.

In addition to the Skares Road and Garleffan mines, the Company also has a number of other coal mining projects in Scotland and two through its French subsidiary, SRMMC including a series of six existing coal concessions in south-central France, covering an area of 36km² with an estimated resource of approximately 4.5 million tonnes of recoverable coal.

ATH Resources listed on the AIM market of the London Stock Exchange in June 2004 under the symbol ATH.L

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