PAM - Palabora Mining Company Limited - Changes to directorate

PAM - Palabora Mining Company Limited - Changes to directorate                  
PALABORA MINING COMPANY LIMITED                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number 1956/002134/06)                                            
JSE code: PAM        ISIN: ZAE000005245                                         
("Palabora" or "the Company")                                                   
CHANGES TO DIRECTORATE                                                          
In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, the 
Palabora board of directors ("the Board") is pleased to announce the appointment
of Ms Dikeledi Lorraine Nakene as Chief Financial Officer and Ex Officio Board  
member, with effect from 18 April 2011.                                         
Ms Nakene joins the Company with broad experience in finance, management and    
internal and external auditing. She is a chartered accountant - CA (SA) and     
certified internal auditor (CIA).                                               
She has held numerous senior positions including Executive General Manager,     
Audit Partner and as Chief Financial Officer for the department of Sport, Arts  
and Culture as well as Chairperson of the Audit Committee for Food and Bev SETA.
Ms Nakene holds a B. Comm (Accounting) Cum Laude (University of the North); B.  
Compt Honors (University of South Africa); and Higher Diploma in Taxation Law   
(Wits).                                                                         
In addition to this, she is a member of several professional organisations      
including the Institute of Internal Auditors and South African Institute of     
Chartered Accountants.                                                          
Phalaborwa                                                                      
29 March 2011                                                                   
Sponsor:                                                                        
Barnard Jacobs Mellet Corporate Finance (Pty) Limited                           
Date: 29/03/2011 14:00:01 Supplied by www.sharenet.co.za                     
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