PAN - Pan African Resources Plc - Holding in company & director`s dealings

PAN - Pan African Resources Plc - Holding in company & director`s dealings      
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                                   
AIM: PAF/JSE: PAN                                                               
ISIN: GB0004300496                                                              
HOLDING IN COMPANY & DIRECTOR`S DEALINGS                                        
The Company was notified on 14 December 2010 that Mr R Still had sold 600,000   
ordinary shares of 1 pence each in the Company ("Shares") at a price of ZAR1.12 
per Share, for a total consideration of ZAR668,892.31.                          
Following this transaction Mr Still has a direct interest in 2,700,000 Shares,  
representing 0.19% of the issued share capital of the Company and a total       
indirect, non-beneficial interest in 41,824,408 Shares representing 2.90% of the
issued share capital of the Company.                                            
Rosebank                                                                        
15 December 2010                                                                
JSE Sponsor                                                                     
MACQUARIE FIRST SOUTH ADVISERS (PTY) LIMITED                                    
For further information on Pan African Resources plc, please visit the website  
at www.panafricanresources.com                                                  
Enquiries                                                                       
South Africa                    UK                                              
Pan African                     RBC Capital Markets                             
Jan Nelson, Chief Executive     Martin Eales / Pierre                           
Officer                         Schreuder                                       
+27 (0) 11 243 2900             +44 (0) 20 7653 4000                            


Macquarie First South Advisers  St James`s Corporate                            
(Pty) Ltd                       Services Limited                                
Melanie de Nysschen / Yvette    Phil Dexter                                     
Labuschagne / Annerie Britz     +44 (0) 20 7499 3916                            
+27 (0) 11 583 2000                                                             
Vestor Media & Investor         Hansard Communications                          
Relations                       Justine James                                   
Louise Brugman                  +44 (0) 20 7245 1100 /                          
+27 (0) 11 787 3015             +44 (0) 7525 324431                             
+27 (0) 83 504 1186                                                             
Date: 15/12/2010 16:00:01 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.