Dealing in securities by Director PALLINGHURST RESOURCES LIMITED (Incorporated in Guernsey) (Guernsey registration Number: 47656) (South African external company registration number 2009/012636/10) Share code on the BSX: PALLRES ISIN: GG00B27Y8Z93 Share code on the JSE: PGL ("Pallinghurst" or the "Company") Dealing in securities by Director In compliance with paragraph 3.63 – 3.66 of the JSE Listing Requirements, shareholders are advised that Dr Christo Wiese has closed out all of the 22,047 contracts of Single Stock Futures he acquired during 2013; Name : Dr Christo Wiese Category of person : Non-Executive Director Nature of transaction : Close out of Single Stock Futures to family member – off market Nature of interest : Indirect, beneficial Date of transaction : 11 June 2014 Class of security : Single Stock Futures Number of shares : 22,047 contracts (representing 2,204,700 Pallinghurst shares) Price per share : R3.5500 Total value of transaction : R7,826,685.00 Pre-approval obtained : Yes Following the close-out of the 22,047 Single Stock Futures, companies owned by daughters of Dr Wiese acquired all of the related 2,204,700 Pallinghurst shares; Ms CC Wiese acquired 1,102,350 ordinary shares at R3.5500 per share and Ms CH Wiese acquired 1,102,350 ordinary shares at R3.5500 per share. Ms CC Wiese and Ms CH Wiese are not deemed as associates of Dr Wiese as per the JSE Listing Requirements. In compliance with paragraph 3.63 – 3.66 of the JSE Listing Requirements, the following information is disclosed; Name : Dr Christo Wiese Category of person : Non-Executive Director Nature of transaction : Purchase of shares Nature of interest : Indirect, beneficial Date of transaction : 11 June 2014 Class of security : Ordinary shares: on-market Number of shares : 205,440 Price per share : R3.6000 Total value of transaction : R739,584.00 Pre-approval obtained : Yes Name : Dr Christo Wiese Category of person : Non-Executive Director Nature of transaction : Purchase of shares Nature of interest : Indirect, beneficial Date of transaction : 12 June 2014 Class of security : Ordinary shares: on-market Number of shares : 145,000 Average purchase price per share : R3.6966 Total value of transaction : R536,000.00 Highest price per share : R3.7000 Lowest price per share : R3.6900 Pre-approval obtained : Yes Guernsey 13 June 2014 Sponsor Investec Bank Limited Date: 13/06/2014 04:30:00 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.