Last checked at 7 Jan 2010 07:00
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: PAFShare code on JSE: PANISIN: GB0004300496
(`Pan African' or the `company')
RENEWAL OF CAUTIONARY ANNOUNCEMENT
Further to the cautionary announcement released on Thursday, 26 November 2009 and in terms of the Listings Requirements of JSE Limited, shareholders are advised that the discussions in respect of a possible transaction are still in progress. If successfully concluded, the outcome of the discussions may have a material effect on the price of the company's securities. Shareholders are accordingly advised to continue exercising caution when dealing in the company's securities until a full announcement in respect of the possible transaction is made.
Rosebank7 January 2010JSE Sponsor
MACQUARIE FIRST SOUTH ADVISERS (PTY) LIMITED
For further information on Pan African, please visit the website at www.panafricanresources.comENQUIRIESPan African Resources Jan Nelson (CEO) +27 (0) 11 243 2900
Nicole Spruijt (Public Relations) +27 (0) 11 243 2900
RBC Capital Markets Martin Eales +44 (0) 20 7029 7881
Macquarie First South Advisers Melanie de Nysschen/Thembeka Mgoduso +27 (0) 11 583 2000 St James's Corporate Services Limited
Phil Dexter +44 (0) 20 7499 3916 Vestor Louise Brugman +27 (0) 83 504 1186
vendor