PAM - Palabora Mining Company Limited - Change to the board of directors

PAM - Palabora Mining Company Limited - Change to the board of directors        
PALABORA MINING COMPANY LIMITED                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number 1956/002134/06)                                            
JSE code: PAM ISIN:ZAE000005245                                                 
("Palabora")                                                                    
CHANGE TO THE BOARD OF DIRECTORS                                                
In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, the 
Palabora Board of directors ("the Board"), hereby announces the following       
changes:                                                                        
Mr Lindsay Kirsner has resigned as a non-executive director of the Board, with  
effect from 3 February 2011. Mr Kirsner has changed roles within Rio Tinto PLC  
("Rio Tinto") moving from the Copper group to the Business Development division.
Mr Craig Kinnell has been appointed as a non-executive director of Palabora with
effect from 4 February 2011. Mr Kinnell has been a Chief Marketing Officer      
within Rio Tinto Copper group since July 2010 and has global responsibility for 
the marketing strategy, logistics, customer relationship management, product    
stewardship and sales of all copper products, molybdenum, precious metals,      
rhenium, nickel and all associated by-products at Kennecott Utah Copper,        
Northparkes, Oyu Tolgoi and Eagle Nickel mines. He also leads the development of
marketing strategy for Copper projects and works closely with Operations and Rio
Tinto`s Executive Committee.                                                    
After successfully completing a degree in Marketing and Economics, Craig joined 
Rio Tinto in 1985 as a graduate trainee.  He subsequently completed a Rio Tinto 
sponsored MBA in 1992 and has acquired extensive international knowledge and    
experience within minerals marketing and the commercial mining environment over 
the past 25 years. He has held several board positions within Rio Tinto in South
Africa, Namibia, China, Singapore, Canada, USA, UK and Germany and fulfilled a  
number of senior management positions, including Managing Director of Rio Tinto 
Uranium and Senior Vice President Rio Tinto Iron & Titanium.                    
Phalaborwa                                                                      
4 February 2011                                                                 
Sponsor:                                                                        
Barnard Jacobs Mellet Corporate Finance (Pty) Limited                           
Date: 04/02/2011 11:44:01 Supplied by www.sharenet.co.za                     
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