Pan African Resources Regulatory News (PAF)

21 Sep 2007 07:01

Pan African Resources PLC21 September 2007 Pan African Resources PLC ("Pan African" or the "Company") Corporate Presentation & Exploration Expenditure Pan African is pleased to announce that its new corporate presentation is nowavailable to download from the Company's website: www.panafricanresources.comunder the heading 'Press Section'. The corporate presentation makes specific reference to the intended explorationexpenditure forecasted and approved by the board for the following two financialyears. The budgeted exploration expenditure (subject to results) which is to be fundedinternally through cash flow from Barberton Mines is US$7.7 million (GBP 3.85million) and is to be expended per project as follows: Manica (Mozambique) US$2.0 millionBogoin & Dekoa (CAR) US$ 1.4 millionAkrokerri (Ghana) US$2.3 millionBarberton (South Africa) US$2.0 million ENDS For further information on Pan African Resources plc, please visit the websiteat www.panafricanresources.com Enquiries: Pan African ResourcesJan Nelson, CEO +27 (0) 11 777 7840Colin Bird, Chairman +44 (0) 207 584 2155Nicole Stoyell, Public Relations +27 (0) 11 777 7840 Parkgreen CommunicationsJustine Howarth +44 (0) 207 493 3713 Ambrian Partners LimitedRichard Brown +44 (0) 20 7776 6417Richard Greenfield +44 (0) 20 7776 6418 Macquarie First South Corporate Finance (Pty) LimitedAmanda Markman / Done Hattingh +27 (0) 11 343 2300 This information is provided by RNS The company news service from the London Stock Exchange