Director/PDMR Shareholding

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 26 November 2008 that, Mr Jan Nelson, the Company's
Chief Executive Officer, registered the acquisition of 30,000 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 30,000 Shares (0.0027%
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                                
                    [phone]                         Phil Dexter        
CEO                 7882                Thato Morojele                         
                                                            [phone]    
[phone] Martin Eales        [phone] 3916               
                                                                               
Keith Spencer       [phone]     Annerie Britz       FDBeachhead Media &
Chairman            7881                                    Investor Relations 
                                        +27 (0) 11                             
[phone]                                         Jennifer Cohen     
                                                                               
Nicole Spruijt                                              [phone]
                                                                               
Public Relations                                            Louise Brugman     
                                                                               
[phone]                                         [phone]

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