Pan African Resource plc - FURTHER CAUTIONARY ANNOUNCEMENT

Pan African Resources PLC

(Incorporated and registered in England and Wales under Companies Act 1985
with registered number 3937466 on 25 February 2000)
AIM Code: PAF
JSE Code: PAN
ISIN: GB0004300496
Pan African or Company)


FURTHER CAUTIONARY ANNOUNCEMENT


Shareholders of Pan African (Shareholders) are referred to the announcement published by the
Company on 30 May 2012 regarding the proposed acquisition of the entire issued share capital of and
claims against Evander Gold Mines Limited from Harmony Gold Mining Company Limited
(Transaction) which included a further Pan African cautionary announcement.
Shareholders are advised that the pro forma financial effects of the Transaction are still being
determined, the publication of which may have a material effect on the price of Pan African securities.
Accordingly, Shareholders are advised to continue to exercise caution when dealing in Pan African`s
securities until a further announcement is made.



11 July 2012
Johannesburg




Lead Corporate Advisor, Transaction Sponsor and JSE Sponsor
One Capital



Enquiries


South Africa                                        UK


Pan African Resources                               Canaccord Genuity Limited  Nomad and Joint Broker
Jan Nelson, Chief Executive Officer                 John Prior / Sebastian Jones / Joe Weaving
+27 (0) 11 243 2900                                 +44 (0) 20 7523 8350


One Capital                                         finnCap Limited  Joint Broker
Sholto Simpson / Megan Young / Nicholas Tyler       Elizabeth Johnson / Joanna Weaving
+27 (0) 11 550 5000                                 +44 (0) 20 7220 0500


Vestor Investor Relations                           St Jamess Corporate Services Limited
Louise Brugman                                      Phil Dexter

+27 (0) 11 787 3015                                 +44 (0) 20 7499 3916


                                                    Gable Communications
                                                    Justine James

                                                    +44 (0) 20 7193 7463 / +44 (0) 7525 324431


For further information on Pan African, please visit the website at www.panafricanresources.com
Date: 11/07/2012 04:30:00 Supplied by www.sharenet.co.za                     
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