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Director/PDMR Shareholding

27 Nov 2008 11:00

Regulatory Announcement Company Pan African Resources Plc TIDM PAF Headline Directors Dealings Released 27 November 2008 Pan African Resources Plc (`Pan African' or the `Company')

(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 Directors Dealings

The Company was informed on 27 November 2008 that, Mr Jan Nelson, the Company's Chief Executive Officer, registered the acquisition of 17,308 ordinary shares of 1 pence each in the Company (`Shares') on that day at a price of 50 South African cents per share.

Following this transaction, Mr Nelson has an interest in 47,308 Shares (0.0043% of the current issued share capital).

ENDS Enquiries:Pan African RBC Capital Markets Macquarie First St James's Resources South Corporate Corporate Services Andrew Smith Finance (Pty) Limited Jan Nelson Limited +44 (0) 20 7029 Phil Dexter CEO 7882 Thato Morojele +44 (0) 20 7499

+27 (0) 11 777 7840 Martin Eales +27 (0) 11 583 2379 3916 Keith Spencer +44 (0) 20 7029 Annerie Britz FDBeachhead Media &Chairman 7881 Investor Relations +27 (0) 11 +27 (0) 11 880 3155 Jennifer Cohen Nicole Spruijt +27 (0) 11 214 2401 Public Relations Louise Brugman +27 (0) 11 777 7840 +27 (0) 11 214 2415

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

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