Appointment of joint broker and communications advisers Pan African Resources PLC (Incorporated and registered in England and Wales under Companies Act 1985 with registered number 3937466 on 25 February 2000) Share code on AIM: PAF Share code on JSE: PAN PAN ISIN: GB0004300496 (“Pan African Resources” or the “Company”) APPOINTMENT OF JOINT BROKER AND COMMUNICATIONS ADVISERS Pan African Resources (AIM: PAF, JSE: PAN), the African focused precious metals producer, is pleased to announce the appointment of Peel Hunt LLP as joint broker with effect from 1 September 2014. The Company also wishes to announce the appointment of Bell Pottinger as its London market communications advisers, and Aprio Strategic Communications in Johannesburg as its South African- based communications advisers with immediate effect. PAN AFRICAN RESOURCES ENQUIRIES South Africa UK Pan African Resources Canaccord Genuity Limited Ron Holding Neil Elliot / Peter Stewart / Joe Weaving Chief Executive Officer Nomad and Joint Broker +27 (0) 11 243 2900 +44 (0) 20 7523 8350 One Capital Peel Hunt LLP Regulatory Services Matthew Armitt / Ross Allister +27 (0) 11 550 5000 Joint Broker +44 (0) 20 7418 8900 Aprio Strategic Communications St James’s Corporate Services Limited Financial Public Relations Phil Dexter Julian Gwillim +44 (0) 20 7796 8647 +27 (0) 11 880 0037 Bell Pottinger Financial Public Relations Daniel Thöle +44 (0) 20 7861 3800 For further information on Pan African Resources, please visit the website at www.panafricanresources.com 14 August 2014 JSE Sponsor One Capital Date: 14/08/2014 02:00:00 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.