No Change Statement, Posting of the Annual Report and Notice of Annual General Meeting 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") No Change Statement, Posting of the Annual Report and Notice of Annual General Meeting Shareholders are informed that Pallinghurst’s Annual Report for the year ended 31 December 2014 (the “Annual Report”) is now available on the Pallinghurst website www.pallinghurst.com. The Financial Statements contained within the Annual Report contain no modifications to Pallinghurst’s Audited Annual Results for the year ended 31 December 2014 which were published on the Securities Exchange News Services of the JSE Limited on 23 March 2015. The Financial Statements have been audited by the Company’s auditors, Saffery Champness; their audit opinion was unqualified, and did not draw attention to any emphases of matter. The audit opinion is available for inspection at the Company’s registered office. Notice is also hereby given that the Company’s Annual General Meeting will be held at Legis House, 11 New Street, St Peter Port, Guernsey on Wednesday, 5 August 2015 11.00am. The Annual Report and Notice of Annual General Meeting are expected to be posted to shareholders on or around 29 June 2015. Guernsey 22 June 2015 Sponsor Investec Bank Limited Date: 22/06/2015 12:31:00 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.