Director/PDMR Shareholding

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: PAF

Share code on JSE: PAN

ISIN: GB0004300496

(`Pan African')

DIRECTOR'S DEALING IN SECURITIES

In compliance with the requirements of rule 3.63 to 3.66 of the JSE Listings
Requirements and rule 17 of the AIM Rules, the following information is
disclosed:

Name of Director : JAJ Loots

Company : Pan African

Position held : Financial Director

Date of transaction : 24 February 2010

No of shares : 130,000

Class : Ordinary shares of 1p each

Price : 76 cents per share

Total amount : R98,800

Nature of transaction : Purchase of shares

Extent of interest : Direct beneficial

Prescribed clearance given : Yes

Following this transaction, Mr Loots has an interest in 130,000 ordinary shares
(representing less than 0.01% of the current issued share capital).

Johannesburg

24 February 2010

JSE Sponsor

Macquarie First South Advisers (Pty) Limited

AIM Nomad and Broker

RBC Capital Markets

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

Enquiries:

Pan African Resources                                  [phone]    
                                                                              
Jan Nelson, Chief Executive Officer                                           
                                                                              
Nicole Spruijt, Public Relations                       [phone]    
                                                                              
RBC Capital Markets                                    [phone]   
                                                                              
Martin Eales                                                                  
                                                                              
Macquarie First South (Pty) Ltd                        [phone]    
                                                                              
Melanie de Nysschen / Thembeka Mgoduso                                        
                                                                              
St James's Corporate Services Limited                  [phone]   
                                                                              
Phil Dexter