PAM - Palabora Mining Company Limited - Change to the board of directors

PAM - Palabora Mining Company Limited - Change to the board of directors        
PALABORA MINING COMPANY LIMITED                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number 1956/002134/06)                                            
JSE code: PAM        ISIN: ZAE000005245                                         
("Palabora")                                                                    
CHANGE TO THE BOARD OF DIRECTORS                                                
In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, the 
Palabora Board of directors ("the Board") is pleased to announce the appointment
of Mr Nhlanhla Arthur Hlubi as an independent non-executive director to the     
Board, with effect from 1 February 2011.                                        
Mr Hlubi is currently a director and Head of Compliance and Risk Management in  
the retail division at Alexander Forbes. He is an admitted Attorney with over 10
year`s post admission experience in financial planning, legal, regulatory       
compliance and risk management.                                                 
He has held numerous positions in the financial services industry as a Financial
Consultant and Regional Legal Advisor. Mr Hlubi holds a B. Juris (University of 
Zululand); LLB (University of Natal); Postgraduate Certificate in Compliance    
Management (University of Cape Town), Postgraduate Diploma in Financial Planning
(University of the Free State), Management Advancement Programme (Wits Business 
School) and he is currently studying for an MBA through Henley Business School. 
In addition to this, he is a member of several professional organisations       
including the Institute of Directors, Financial Planning Institute of Southern  
Africa, Compliance Institute of South Africa and The Law Society of the Northern
Provinces.                                                                      
Phalaborwa                                                                      
1 February 2011                                                                 
Sponsor:                                                                        
Barnard Jacobs Mellet Corporate Finance (Pty) Limited                           
Date: 01/02/2011 17:04:01 Supplied by www.sharenet.co.za                     
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