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PAN - Pan African Resources PLC - Pan African Resources Plc received the following notification on 25 June 2009 Pan African Resources PLC (`Pan African` or the `Company`) (Incorporated and registered in England and Wales under Companies Act 1985 with registered number 3937466 on 25 February 2000) Share code on AIM: PAF Share code on JSE: PAN ISIN: GB0004300496 Pan African Resources plc received the following notification on 25 June 2009:- QUOTE TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 1 Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Pan African Resources p.l.c. 2 Reason for the notification (please tick the appropriate box or boxes): - An acquisition or disposal of voting rights (Yes) - An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached - An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments - An event changing the breakdown of voting rights - Other (please specify): 3 Full name of person(s) subject to the notification obligation: Investec Asset Management Limited 4 Full name of shareholder(s) (if different from 3): N/A 5 Date of the transaction and date on which the threshold is crossed or reached: 24 June 2009 6 Date on which issuer notified: 25 June 2009 7 Threshold(s) that is/are crossed or reached: 5% 8 Notified details: A. Voting rights attached to shares Class / type Situation previous Resulting situation after the triggering of shares if to the Triggering transaction possible transaction using the ISIN CODE Number Number of Numbe Number of voting % of voting of voting r of rights rights
shares rights share s Direc Direc Indirect Direc Indirec t t t t
Ordinary 24,431, 24,431,22 - - 73,144,77 6,574% shares of 1p 225 5 5 each GB0004300496 B. Qualifying Financial Instruments Type of Expiration Exercise / Number of voting rights % of financial date Conversion that may acquired if the voting instrument Period / instrument is exercised / rights Date converted - - - - - C. Financial Instruments with similar economic effect to Qualifying Financial Instruments Total (A+B) Number of voting rights % of voting rights 73,144,775 6,574% 8 Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: N/A Proxy voting 10 Name of the proxy holder: N/A 11 Number of voting rights proxy holder will cease to hold: N/A 12 Date on which proxy holder will cease to hold voting rights: N/A 13 Additional information: N/A 14 Contact name: PEC Dexter 15 Contact telephone number: 020 7499 3916 UNQUOTE 29 June 2009 Enquiries: Pan African Resources: Jan Nelson, CEO +27 (0) 11 243 2900 Keith Spencer, Chairman +27 (0) 11 243 2900 Nicole Spruijt, Public Relations +27 (0) 11 243 2900 RBC Capital Markets Martin Eales +44 (0) 20 7029 7881 Macquarie First South Advisers (Pty) Limited Thato Morojele +27 (0) 11 583 2379 Melanie de Nysschen +27 (0) 11 583 2316 St James`s Corporate Services Limited Phil Dexter +44 (0) 20 7499 3916 FDBeachhead Media & Investor Relations Jennifer Cohen +27 (0) 11 214 2401 Louise Brugman +27 (0) 11 214 2415 +27 (0) 83 504 1186 Date: 29/06/2009 16:21:01 Supplied by www.sharenet.co.za 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.
