Pan African Resources PLC(Incorporated and registered in England and Wales under Companies Act 1985 with registered number 3937466 on 25 February 2000) AIM Code: PAF JSE Code: PAN ISIN: GB0004300496 ("Pan African" or "the Company") DEALINGS IN SECURITIESThe company was notified on 26 February 2014 of the following dealings inrespect of the company's ordinary shares:Name of director/executive: A van den Bergh (Executive: Human Resources)Nature of transactions: Sale of shares by A van den BerghDate of transactions: 1) 24-February 2014 2) 25 February 2014Class of security: Ordinary sharesNumber of ordinary shares: 1) 564,975 2) 297,925Price per ordinary share: 1) ZAR 2.79 2) ZAR 2.62Value of transactions: 1) ZAR 1 576 280.25 2) ZAR 780 563.50Nature of interest of executive: BeneficialOn-market or off-market: On-marketClearance given in terms of Paragraph Yes3.66:Holding following transactions: NilName of director/executive: C Strydom (Director: Barberton Mines)Nature of transaction: Sale of shares by C StrydomDate of transaction: 24 February 2014Class of security: Ordinary sharesNumber of ordinary shares: 4 539Price per ordinary share: ZAR 2.8000Value of transaction: ZAR 12 709Nature of interest of executive: BeneficialOn-market or off-market: On-marketClearance given in terms of Paragraph Yes3.66:Holding following transaction: 570 461 representing 0.03% of the current issued share capital26 February 2014JSE SponsorOne CapitalPAN AFRICAN ENQUIRIESSouth Africa UKPan African Resources Canaccord Genuity LimitedMr Ron Holding Nomad and Joint BrokerChief Executive Officer Neil Elliott/ Peter Stewart / Joe Weaving+27 (0) 11 243 2900 +44 (0) 20 7523 8350Vestor Investor Relations finnCap LimitedLouise Brugman Joint Broker+27 (0) 11 787 3015 Elizabeth Johnson / Joanna Weaving+27 83 504 1186 +44 (0) 20 7220 0500One Capital St James's Corporate Services LimitedLiezl Gildenhuys Phil Dexter+27 (0) 11 550 5000 +44 (0) 20 7796 8647 Gable Communications Justine James +44 (0) 20 7193 7463 / +44 (0) 7525 324431For further information on Pan African, please visit the website atwww.panafricanresources.com