Appointment of Non-Executive Directors Pan African Resources PLC ("Pan African" or “the company" or “the group”) (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 ISIN: GB0004300496 APPOINTMENT OF NON-EXECUTIVE DIRECTORS Shareholders are advised that Yvonne Themba and Charles Needham have been appointed as independent non-executive directors to the board of directors of Pan African with effect from 17 July 2019. Yvonne Themba (aged 54) has over 30 years’ experience as an executive within the insurance, mining, telecommunication and investment industries. Charles Needham (aged 65) is a mining executive with approximately 40 years’ experience in the mining industry. Pan African Chairman Keith Spencer commented: “The Board is delighted to welcome Yvonne and Charles as independent non-executive directors, we believe they will further strengthen the expertise available to our board, and we look forward to working with them." Yvonne Themba and Charles Needham have confirmed that other than the information disclosed below there are no matters to be disclosed under Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules. Current directorships: Yvonne Themba: Charles Needham: Adopt A School Foundation (NPO) Alphamin Resources Corporation Canadoce Investments Close Corporation (CC) Divitiae Holdings Ltd Bo Themba Projects (Pty) Ltd Imagined Earth (Pty) Ltd Clique Marketing (Pty) Ltd Kinsenda Copper Company SARL Pfortner Solutions (Pty) Ltd METPROP (Pty) Ltd Mathomo Packhouse (Pty) Ltd MetQuip (Pty) Ltd Talamati Asset Managers (Pty) Ltd Orpheus Property Holdings (Pty) Ltd Talamati Capital Managers (Pty) Ltd Ruashi Holdings (Pty) Ltd Jula Investments (Pty) Ltd Varsbegin (Pty) Ltd Previous directorships held in the last 5 years: Yvonne Themba: Charles Needham: ORCE (Pty) Ltd Chibuluma Mines Plc New Era Agricultural Development (Pty) Ltd Maranda Mines (Pty) Ltd AAS Logistics Investments (Pty) Ltd Metorex Copper Corporation DRC (Pty) Ltd McDonald’s Corporation (SA) Resolution Recycling CC Shanduka Properties (Pty) Ltd Shanduka Restaurants Company (Pty) Ltd MSA Devco (Pty) Ltd Great Karoo Meat Suppliers (Pty) Ltd 18 Acacia Road (Pty) Ltd Phembani Share Scheme 2007 (Pty) Ltd The Todwil Company of SA (Pty) Ltd Alpha Investment Consulting Services (Pty) Ltd Lilitha Strategic Investments (Public Company) Black Umbrellas (NPO) Gidani (Pty) Ltd Shanduka Group (Pty) Ltd Shanduka Beverages (South Africa) (Pty) Ltd YTSM Group (Pty) Ltd Coca-Cola Shanduka Beverages South Africa (Pty) Ltd Shanduka Black Umbrellas Energy (Pty) Ltd Fevertree consulting (Pty) Ltd Grindrod (South Africa) Ltd Fuelogic (Pty) Ltd Rosebank 18 July 2019 Contact information Corporate Office Registered Office The Firs Office Building Suite 31 2nd Floor, Office 204 Second Floor Cnr. Cradock and Biermann Avenues 107 Cheapside Rosebank, Johannesburg London South Africa EC2V 6DN Office: + 27 (0) 11 243 2900 United Kingdom Office: + 44 (0) 207 796 8644 Cobus Loots Deon Louw Pan African Resources PLC Pan African Resources PLC Chief Executive Officer Financial Director Office: + 27 (0) 11 243 2900 Office: + 27 (0) 11 243 2900 Phil Dexter John Prior St James's Corporate Services Limited Numis Securities Limited Company Secretary Nominated Adviser and Joint Broker Office: + 44 (0) 207 796 8644 Office: +44 (0) 20 7260 1000 Ciska Kloppers Ross Allister/David McKeown Questco Corporate Advisory (Proprietary) Limited Peel Hunt LLP JSE Sponsor Joint Broker Office: + 27 (0) 11 011 9200 Office: +44 (0) 207 418 8900 Julian Gwillim Jeffrey Couch/Neil Elliot/Thomas Rider Aprio Strategic Communications BMO Capital Markets Limited Public & Investor Relations SA Joint Broker Office: +27 (0)11 880 0037 Office: +44 (0) 207 236 1010 Bobby Morse/Chris Judd Website: www.panafricanresources.com Buchanan Public & Investor Relations UK Office: +44 (0)20 7466 5000 paf@buchanan.uk.com Date: 18/07/2019 02:31:00 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.