PAN AFRICAN RESOURCES PLC - Dealings in securities

Dealings in securities

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


The Company was notified on 13 May 2013 of the following dealings in respect of the Company’s
ordinary shares:

Name of individual:                              RG Still
Company of which he is a director:               Pan African Resources PLC
Name of associate of director:                   The Alexandra Trust (“Trust”), of which RG Still is a
                                                 Trustee
Nature of transaction:                           Sale of shares by the Trust in adjusting its portfolio
                                                 of investments

Date of transaction:                             8 May 2013
Number of shares:                                1,000,000
Price per ordinary share:                        ZAR2.24
Value of transaction:                            ZAR2,240,000

Date of transaction:                             9 May 2013
Number of shares:                                1,100,000
Price per ordinary share:                        ZAR2.34
Value of transaction:                            ZAR2,574,000

Date of transaction:                             10 May 2013
Number of shares:                                200,000
Price per ordinary share:                        ZAR2.35
Value of transaction:                            ZAR470,000

Class of shares:                                 Ordinary shares (“Shares”)
Interest of director:                            Indirect non-beneficial
Clearance obtained:                              Yes
On-market or off-market:                         On-market

The Trust’s remaining holding in Pan African after the sales is 11,673,616 Shares, representing 0.64%
of the issued share capital of the Company. Mr Still’ s total direct, beneficial interest in Pan African
remains unchanged at 2,510,000 Shares, representing 0.14% of the issued share capital of the
Company as well as his indirect, non-beneficial interest held through Pangea Exploration
(Proprietary) Limited of 2,251,214 Shares, representing 0.12% of the issued share capital.


Johannesburg
13 May 2013

JSE Sponsor
One Capital
PAN AFRICAN ENQUIRIES




South Africa                                      UK




Pan African Resources                             Canaccord Genuity Limited – Nomad and Joint Broker

Mr Cobus Loots                                    Andrew Chubb / Peter Stewart / Joe Weaving

Non-executive director and Joint Interim Chief +44 (0) 20 7523 8350
Executive Officer

+27 (0) 11 305 8900

Mr Ron Holding

Chief Operating Officer and Joint Interim Chief
Executive Officer

+27 (0) 11 243 2900




One Capital                                       finnCap Limited – Joint Broker

Sholto Simpson / Megan Young                      Elizabeth Johnson / Joanna Weaving

+27 (0) 11 550 5000                               +44 (0) 20 7220 0500




Vestor Investor Relations                         St James’s Corporate Services Limited

Louise Brugman                                    Phil Dexter

+27 (0) 11 787 3015                               +44 (0) 20 7499 3916

+27 83 504 1186

                                                  Gable Communications

                                                  Justine James

                                                  +44 (0) 20 7193 7463 / +44 (0) 7525 324431

For further information on Pan African, please visit the website at www.panafricanresources.com

Date: 13/05/2013 03:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.