Index Change Advice – 20170504 Pan African Resources Shares In Issue Update Pan African Resources (South Africa): Shares in Issue Change FTSE/JSE Africa Index Series 24 April 2017 Following the receipt of updated shares in issue information for Pan African Resources (South Africa, constituent) as a result of a primary placing and notification from the Stock Exchange, please see details of affected indexes and effective dates below: Effective From Index Change Start of Trading FTSE/JSE Small Cap Index (J202) Pan African Resources (South Africa, 04 May 2017 GB0004300496, B23QH41) will remain in the index with an increased shares in issue total from 1,943,206,554 to 2,234,687,537 and an unchanged investability weighting of 73%. FTSE/JSE All Share Index (J203) Pan African Resources will remain in the 04 May 2017 index as detailed above. FTSE/JSE RAFI All Share Index Pan African Resources will remain in the 04 May 2017 (J263) index as detailed above. FTSE/JSE RAFI All Share Capped Pan African Resources will remain in the 04 May 2017 Index (J283) index as detailed above. FTSE/JSE Capped All Share Index Pan African Resources will remain in the 04 May 2017 (J303) index as detailed above. FTSE/JSE Style Index (J330 and Pan African Resources will remain in the 04 May 2017 J331) index as detailed above. FTSE/JSE All Share Shariah Index Pan African Resources will remain in the 04 May 2017 (J143) index as detailed above. FTSE/JSE Shareholder Weighted All Pan African Resources will remain in the 04 May 2017 Share Index (J403) index as detailed above. FTSE/JSE Capped Shareholder Pan African Resources will remain in the 04 May 2017 Weighted All Share Index (J433) index as detailed above. For further information please contact FTSE Russell Client Services at info@ftserussell.com or indices@jse.co.za or call: Australia +1800 653 680 Hong Kong +852 2164 3333 Japan +81 3 3581 2764 London +44 (0) 20 7866 1810 New York +1866 551 0617 JSE Limited +27 11 520 7137 Alternatively please visit our website at www.ftserussell.com or www.ftsejse.co.za Terms of Use | Copyright © 2017 FTSE Russell Date: 24/04/2017 05:05:00 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.