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Change of JSE Sponsor

13 Mar 2012 08:30

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')

CHANGE OF JSE SPONSOR

Pan African is pleased to announce the appointment of One Capital as the Company's JSE Sponsor with effect from 12 March 2012.

Johannesburg13 March 2012JSE Sponsor One Capital EnquiriesSouth Africa UK Pan African Resources RBC Capital Markets

Jan Nelson, Chief Executive Officer Martin Eales / James Kelly

+27 (0) 11 243 2900 +44 (0) 20 7653 4000 One Capital St James's Corporate Services Limited

Sholto Simpson / Megan Young / Nicholas Tyler Phil Dexter +27 (0) 11 550 5000 +44 (0) 20 7499 3916 Vestor Investor Relations Gable Communications

Louise Brugman Justine James +27 (0) 11 787 3015 +44 (0) 20 7193 7463

For further information on Pan African, please visit the website at www.panafricanresources.com

XLON

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