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Statement re Phoenix Platinum Project

29 Nov 2010 15:10

29 November 2010 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 AIM: PAF/JSE: PAN ISIN: GB0004300496

INVESTOR AND ANALYST CONFERENCE CALL ON PHOENIX PLATINUM PROJECT

Shareholders are advised that Jan Nelson (Chief Executive Officer) and Ron Holding (Executive for Mining) of Pan African will be hosting a conference call to update analysts and fund managers on the Phoenix platinum project. The call is scheduled for Tuesday, 30 November 2010 at 11h00 Central African time (09h00 UK time).

Live dial-in details:

South Africa: 0800200648

United Kingdom: 08009177042

Playback dial-in details:

South Africa: 0113052030 (Pin: 29992#)

United Kingdom: 08082346771 (Pin: 29992#)

Presentation material used in the conference call will be made available on the Company's website at www.panafricanresources.com

EnquiriesSouth Africa UK Pan African RBC Capital Markets

Jan Nelson, Chief Executive Officer Martin Eales / Brett Jacobs

+27 (0) 11 243 2900 +44 (0) 20 7653 4000

Macquarie First South Advisers (Pty) Ltd St James's Corporate Services

Limited Melanie de Nysschen / Yvette Labuschagne / Annerie Britz Phil Dexter +27 (0) 11 583 2000 +44 (0) 20 7499 3916 Vestor Media & Investor Relations Hansard Communications Louise Brugman Justine James +27 (0) 11 787 3015 +44 (0) 20 7245 1100 / +44 (0) 7525 324431

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