Issue of Shares

30 Aug 2007 12:43

Pan African Resources PLC30 August 2007 Pan African Resources PLC ('Pan African' or the 'Company') Issue of Shares The Directors of Pan African today announce that the Company has issued andallotted 1,250,000 ordinary shares of 1p each ('Shares') pursuant to an exerciseof share options. Application has now been made to the AIM Market of the London Stock Exchange("AIM") for 1,250,000 Shares to be admitted to trading on AIM ('Admission').Admission is expected to occur at 8.00am on 31 August 2007. Pan African now has 1,072,993,711 Shares in issue representing 1,072,993,711voting rights. For further information please contact: Pan African Resources Ambrian Partners Limited Parkgreen CommunicationsJan Nelson, CEO Richard Brown Justine Howarth+27 (0) 11 777 7840 +44 (0) 20 7776 6417 +44 (0) 207 851 7480 Nathan Steinberg Richard Greenfield+44 (0) 20 7845 7500 +44 (0) 20 7776 6418 This information is provided by RNS The company news service from the London Stock Exchange