Sharenet Sites 
Sharenet Sites
PAN - Pan African Resources Plc - Notification of major interest in shares Pan African Resources plc (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" or "the Company") TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi 1. Identity of the issuer or the Pan African Resources Plc Ord 1p underlying issuer of existing shares to which voting rights are attached: ISIN: GB0004300496 ii 2 Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights X 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 Change in the Issue Share Capital pecify): 3. Full name of person(s) subject Investec Asset Management Ltd to the notification obligation: iii 4. Full name of shareholder(s) (if different from 3.):iv 08.10.09 5. Date of the transaction and date on which the threshold is crossed or reached: v 12.10.09 6. Date on which issuer notified: 10% 7. Threshold(s) that is/are crossed or reached: vi, vii 8. Notified details: A: Voting rights attached to shares viii, ix Class/type Situation Resulting situation after the triggering of shares previous to the transaction if possible triggering using the transaction ISIN CODE Number Number Number Number of voting % of voting of of of rights rights x
Shares Voting shares Rights Direct Indirect Direct Indirect Direct xi xii
Ordinary 1p 135,690 135,690 150,346, 10.675% ,299 ,299 264 GB0004300496 B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of Expirat Exercise/ Number of voting % of voting financial ion Conversion rights that may rights instrument date Period xiv be acquired if xiii the instrument is exercised/ converted.
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi Resulting situation after the triggering transaction Type of Exercise Expira Exercise Number of voting % of voting rights financial price tion / rights xix, xx instrument date Conversi instrument xvii on refers to
period xviii Nomina Delta l
Total (A+B+C) Number of voting rights Percentage of voting rights 150,346,264 10.675% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: Ian Gartshore 14. Contact name: 15. Contact telephone number: 020 7597 1825 Sponsor Barnard Jacobs Mellet Corporate Finance (Proprietary) Limited Date: 19/10/2009 17:00:01 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.
