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 21 February 2014 of the following dealings in respect of the company’s ordinary
shares:

Name of director/executive:                        A van den Bergh (Executive: Human Resources)
Name of associate of director/executive:           L van den Bergh
Nature of transaction:                             Sale of shares by L van den Bergh
Date of transaction:                               19 February 2014
Class of security:                                 Ordinary shares
Number of ordinary shares:                         37 912
Price per ordinary share:                          ZAR 2.81
Value of transaction:                              ZAR 106 532.72
Nature of interest of executive:                   Non-beneficial
On-market or off-market:                           On-market
Clearance given in terms of Paragraph 3.66:        Yes
Holding following transaction:                     Nil

Name of director/executive:                        C Strydom (General Manager of Barberton Mines
                                                   (Proprietary) Limited (“Barberton Mines“))
Company of which he is a director:                 Barberton Mines, a major subsidiary of the Company
Name of associate of director/executive:           A Strydom
Nature of transaction:                             Sale of shares by A Strydom
Date of transaction:                               20 February 2014
Class of security:                                 Ordinary shares
Number of ordinary shares:                         48 000
Price per ordinary share:                          ZAR 2.76
Value of transaction:                              ZAR 132 480.00
Nature of interest of executive:                   Non-beneficial
On-market or off-market:                           On-market
Clearance given in terms of Paragraph 3.66:        Yes
Holding following transaction:                     Nil

21 February 2014

JSE Sponsor
One Capital

PAN AFRICAN ENQUIRIES
South Africa                                           UK

Pan African Resources                                  Canaccord Genuity Limited
Mr Ron Holding                                         Nomad and Joint Broker
Chief Executive Officer                                Neil Elliott/ Peter Stewart / Joe Weaving
+27 (0) 11 243 2900                                    +44 (0) 20 7523 8350

Vestor Investor Relations                              finnCap Limited
Louise Brugman                                         Joint Broker
+27 (0) 11 787 3015                                    Elizabeth Johnson / Joanna Weaving
+27 83 504 1186                                        +44 (0) 20 7220 0500

One Capital                                            St James’s Corporate Services Limited
Liezl 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 324431

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

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