PAM - Palabora - Changes to Directorate

PAM - Palabora - 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 section 3.59 of the JSE Limited Listings Requirements, the   
Palabora board of directors ("the Board"), hereby announces the following       
changes:                                                                        
Ms Jo-Ann Yuen has resigned as a non-executive director of the Board, with      
effect from 30 November 2011. Ms Yuen has changed roles within Rio Tinto moving 
from the Copper product group to Kennecott Utah Copper as Chief Financial       
Advisor.                                                                        
With effect from 1 December 2011, Mr Jean-Sebastien Jacques has been appointed  
as a non-executive director of the company. Mr Jacques is currently President of
International Operations within the Rio Tinto Copper group. He has extensive    
experience in the metal and mining industry and in the management of            
international teams. He has held several senior positions including group       
strategy director for TATA Steel and corporate development and strategy director
for Corus group. Mr Jacques holds a Master of Science with honours from Ecole   
Centrale Paris.                                                                 
Phalaborwa                                                                      
1 December 2011                                                                 
Sponsor:                                                                        
One Capital                                                                     
Date: 01/12/2011 16:55:00 Supplied by www.sharenet.co.za                     
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