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 SECURITIES BY A DIRECTORThe Company was notified on 9 March 2015 of the following dealings in respectof the Company's ordinary shares of 1 pence each ("Shares"):Name of director: Thabo MosololiCompany of which he is a director: Pan AfricanNature of transactions: PurchaseClass of securities: SharesOn-market or off-market: On-marketNature of interest: DirectClearance given in terms of Paragraph Yes3.66:Date of transaction 1: 6 March 2015Number of securities: 2,000Price per security: ZAR2.04Value of transaction: ZAR4,080Date of transaction 2: 9 March 2015Number of securities: 28,000Price per security: ZAR2.07Value of transaction: ZAR57,960Following this transaction Mr Mosololi's total direct interest in Pan Africanis 30,000 Shares, representing 0.0016% of the issued share capital of theCompany.Cobus Loots Deon LouwPan African Resources PLC Pan African Resources PLCChief Executive Officer Financial DirectorOffice: + 27 (0)11 243 2900 Office: + 27 (0)11 243 2900Phil Dexter Peter StewartSt James's Corporate Services Limited Canaccord Genuity LimitedCompany Secretary Nominated AdviserOffice: + 44 (0)207 796 8644 Office: +44 (0)207 523 8000Sholto Simpson Matthew Armitt / Ross AllisterOne Capital Peel Hunt LLPJSE Sponsor Joint BrokerOffice: + 27 (0)11 550 5009 Office: +44 (0)020 7418 8900Julian Gwillim Daniel ThöleAprio Strategic Communications Bell Pottinger PRPublic & Investor Relations SA Public & Investor Relations UKOffice: +27 (0)11 880 0037 Office: + 44 (0)203 772 2500For further information on Pan African, please visit the website atwww.panafricanresources.com10 March 2015
Sponsor: One Capital