PAF/PAN - Pan African Resources plc - Press release

PAF/PAN - Pan African Resources plc - Press release                             
Pan African Resources plc                                                       
(Incorporated and registered in England and Wales under Companies Act 1985 with 
registration number 3937466 on 25 February 2000)                                
Share code on AIM:  PAF  ISIN:  GB0004300496                                    
Share code on JSE:  PAN                                                         
("Pan African" or the "Company")                                                
RNS Number:0136D                                                                
Pan African Resources PLC                                                       
30 August 2007                                                                  
Pan African Resources PLC (`Pan African` or the `Company`)                      
Issue of Shares                                                                 
The Directors of Pan African today announce that the Company has issued and     
allotted 1,250,000 ordinary shares of 1p each (`Shares`) pursuant to an exercise
of share options.                                                               
Application has now been made to the AIM Market of the London Stock             
Exchange("AIM") for 1,250,000 Shares to be admitted to trading on AIM           
(`Admission`).                                                                  
Admission is expected to occur at 8.00am on 31 August 2007.                     
Pan African now has 1,072,993,711 Shares in issue representing 1,072,993,711    
voting rights.                                                                  
For further information please contact:                                         
Pan African Resources   Ambrian Partners Limited    Parkgreen Communications    
Jan Nelson, CEO         Richard Brown               Justine Howarth             
+27 (0) 11 777 7840     +44 (0) 20 7776 6417        +44 (0) 207 851 7480        
Nathan Steinberg        Richard Greenfield                                      
+44 (0) 20 7845 7500    +44 (0) 20 7776 6418                                    
This information is provided by RNS                                             
The company news service from the London Stock Exchange                         
END                                                                             
London, United Kingdom                                                          
31 August 2007                                                                  
Ssponsor in South Africa                                                        
Sansara Financial Services (Pty) Ltd                                            
Date: 31/08/2007 16:41:41 Supplied by www.sharenet.co.za                     
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