PAN - Pan African New order mining rights approved and granted to Barberton

PAN - Pan African New order mining rights approved and granted to Barberton     
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`)                                                
NEW ORDER MINING RIGHTS APPROVED AND GRANTED TO BARBERTON                       
Pan African is pleased to announce that the Department of Mineral Resources     
("DMR") has approved and granted the conversion of its old order mining rights  
in respect of Barberton Mines (Pty) Limited ("Barberton Mines") into new order  
mining rights ("NOMR").                                                         
In terms of the South African Mineral and Petroleum Resources Development Act,  
2002 ("MPRDA") all mining licences issued prior to the MPRDA coming into        
operation on 1 April 2004, are described as old order mining rights. Holders of 
such rights were required to have applied to the DMR for the conversion of the  
old order mining rights into NOMR within five years of the commencement of the  
MPRDA.                                                                          
Barberton`s NOMR relates to the mining licences in respect of Fairview Mine (old
order mining licence 28/2003), New Consort Mine (old order mining licence       
30/2003) and Sheba Mine (old order mining licence 29/2003).  These Licences     
Combined Comprise The Barberton Mining Operation.                               
Jan Nelson, Chief Executive Officer of Pan African welcomed the DMR`s approval, 
and commented, "The granting of new order mining rights creates long term       
stability for our business and demonstrates that South Africa remains an        
attractive place to conduct mining business."                                   
Rosebank                                                                        
23 April 2010                                                                   
JSE Sponsor                                                                     
MACQUARIE FIRST SOUTH ADVISERS (PTY) LIMITED                                    
For further information on Pan African, please visit the website at             
www.panafricanresources.com                                                     
ENQUIRIES                                                                       
Pan African Resources                                                           
Jan Nelson (CEO)                       +27 (0) 11 243 2900                      
Nicole Spruijt (Public Relations)      +27 (0) 11 243 2900                      
                                                                                
                                                                                
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Phil Dexter                            +44 (0) 20 7499 3916                     


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