Drilling Update - Manica Project, Mozambique

Regulatory Announcement                                                      
                                                                             
Company                                Pan African Resources plc             
                                                                             
TIDM                                   PAF                                   
                                                                             
Headline                               Drilling Update                       
                                                                             
Released                               19 November 2007                      

Date: 19 NOVEMBER 2007

Pan African Resources PLC

("Pan African" or the "Company")

Drilling Update

Pan African Resources PLC (AIM: PAF, AltX: PAN), the African based gold mining
and exploration company is pleased to report further results from the ongoing
drilling programme at the Manica gold project in Mozambique and provide an
update of progress with respect to the Company's drilling program in the
Central African Republic.

Manica Project, Mozambique

On 10 September 2007 the Company reported the results for 15 boreholes out of a
planned 37 to be drilled, representing 4,476m of drilling. Assay results have
now been received for an additional 16 boreholes drilled representing 2,191m of
drilling.

The following composite intersections are highlighted; widths reported are as
intersected in hole (the results of these boreholes have not been included in
the current resource statement and a new resource will be declared once all of
the planned boreholes have been drilled):

4.35m @ 7.49 g/t (drill hole Andd009, from 123.00m - 127.55m)

0.65m @ 6.47 g/t (drill hole Andd009, from 148.70m - 149.35m)

0.73m @ 7.79 g/t (drill hole Andd009, from 160.37m - 161.10m)

0.65m @ 12.15 g/t (drill hole Andd009, from 182.70m - 183.35m)

3.00m @ 1.04 g/t (drill hole Andd012, from 58.40m - 61.40m)

2.00m @ 2.45 g/t (drill hole Andd013, from 139.98m - 141.98m)

2.00m @ 2.77 g/t (drill hole Andd015, from 87.00m - 89.00m)

2.00m @ 6.02 g/t (drill hole Andd016, from 104.80m - 106.80m)

3.02m @ 4.75 g/t (drill hole Andd017, from 90.94m - 93.96m)

7.00m @ 1.25 g/t (drill hole Andd017, from 100.96m - 107.96m)

2.97m @ 3.52 g/t (drill hole Andd017, from 117.80m - 120.77m)

3.85m @ 3.10 g/t (drill hole Andd020, from 15.15m - 19.00m)

2.90m @ 18.70 g/t (drill hole Andd020, from 22.00m - 24.90m)

0.96m @ 3.78 g/t (drill hole Andd020, from 75.24m - 76.20m)

1.18m @ 3.74 g/t (drill hole Andd021, from 100.02m - 101.20m)

2.02m @ 3.94 g/t (drill hole Andd022, from 47.84m - 49.86m)

2.44m @ 3.38 g/t (drill hole Andd023, from 22.54m - 24.94m)

7.76m @ 3.40 g/t (drill hole Andd023, from 64.50m - 72.26m)

1.86m @ 9.04 g/t (drill hole Andd027, from 71.19m - 73.05m)

7.00m @ 1.44 g/t (drill hole Andd027, from 94.10m - 101.10m)

7.80m @ 2.12 g/t (drill hole Andd027, from 126.27m - 134.07m)

10.36m @ 2.26 g/t (drill hole Andd028, from 11.85m - 24.17m)

2.36m @ 1.04 g/t (drill hole Andd028, from 48.69m - 52.05m)

4.19m @ 7.12 g/t (drill hole Andd029, from 208.04m - 212.24m)

7.05m @ 9.28 g/t (drill hole Andd029, from 214.15m - 221.20m)

7.61m @ 7.56 g/t (drill hole Andd030, from 43.27m - 50.88m)

3.41m @ 2.03 g/t (drill hole Andd032, from 45.09m - 48.50m)

6.60m @ 5.30 g/t (drill hole DL11, from 54.40m - 61.00m)

To date, 6,667m out of a total of 15,600m of planned core and RC drilling has
been reported on. The Company is awaiting assay results from a further 35 drill
holes already completed the results of which will be reported on as they become
available. Drill results will be made available as soon as the assay results
are received. The current resource for Manica has been independently verified
at 1,550Moz at 2.96 g/t, as soon as the new drill results have been received a
updated Resource Statement will be sent out in Q1 2008.

The Company expects the drilling programme to be complete by the end of January
2008 whereafter the Mineral Resource - Model & - Statement for the Manica Gold
Project will be updated.

To date, metallurgical test work, plant design and cost estimation studies have
been completed to Pre-Feasibility level. The Environmental Impact Assessment
will be complete as soon as the final mining plan is concluded.

Central African Republic - Bogoin Gold Project

To date, 2,085m of the 15,600m of the Bogoin Rotary Air Blast ("RAB") drilling
programme have been completed in the Central African Republic and assay results
from 21 boreholes have been received. The Company's geological team are
currently compiling the results which The Company expects to announce once
verification is completed (Q4 2007).

Jan Nelson, CEO of Pan African, commented: "The results from the ongoing
drilling programme continue to confirm the Company's expectations of the Manica
gold project, in terms of both volumes and grade of the deposit. The final
geological model is expected to reach completion by January 2008; upon which
final mine optimisation will be completed in-house. The acquisition of
Barberton Mines and the extensive project and management skills available to
the Company as a result of this transaction has not only allowed the Company to
accelerate the exploration project at Manica but will also enable the Company
to more critically review the working and capital cost estimates for the
project"

Laboratory Results of Composite Intersections Stated

Exploration drill hole Depth    Depth   Length (m) Gold    
number (BHID)          From (m) To (m)             grade (g
                                                   /t)     
                                                           
       ANDD009           123.00  123.73       0.73     5.53
                                                           
       ANDD009           123.73  124.65       0.92     5.40
                                                           
       ANDD009           124.65  125.55       0.90     9.43
                                                           
       ANDD009           125.55  126.43       0.88     7.90
                                                           
       ANDD009           126.43  127.35       0.92     8.86
                                                           
       ANDD009           148.70  149.35       0.65     6.47
                                                           
       ANDD009           160.37  161.10       0.73     7.79
                                                           
       ANDD009           182.70  183.35       0.65    12.15
                                                           
       ANDD012            58.40   59.40       1.00     2.29
                                                           
       ANDD012            59.40   60.40       1.00     0.24
                                                           
       ANDD012            60.40   61.40       1.00     0.60
                                                           
       ANDD013           139.98  140.98       1.00     2.73
                                                           
       ANDD013           140.98  141.98       1.00     2.17
                                                           
       ANDD015            87.00   88.00       1.00     3.81
                                                           
       ANDD015            88.00   89.00       1.00     1.73
                                                           
       ANDD016           104.80  105.77       0.97     9.28
                                                           
       ANDD016           105.77  106.80       1.03     2.95
                                                           
       ANDD017            90.94   91.94       1.00     3.80
                                                           
       ANDD017            91.94   92.96       1.02     7.46
                                                           
       ANDD017            92.96   93.96       1.00     2.93
                                                           
       ANDD017           100.96  101.96       1.00     1.27
                                                           
       ANDD017           101.96  102.96       1.00     0.41
                                                           
       ANDD017           102.96  103.96       1.00     2.80
                                                           
       ANDD017           103.96  104.96       1.00     1.50
                                                           
       ANDD017           104.96  105.96       1.00     0.20
                                                           
       ANDD017           105.96  106.96       1.00     1.27
                                                           
       ANDD017           106.96  107.96       1.00     1.31
                                                           
       ANDD017           117.80  118.80       1.00     3.03
                                                           
       ANDD017           118.80  119.78       0.98     6.31
                                                           
       ANDD017           119.78  120.77       0.99     1.24
                                                           
       ANDD020            15.15   19.00       3.85     3.10
                                                           
       ANDD020            22.00   24.90       2.90    18.70
                                                           
       ANDD020            75.24   76.20       0.96     3.78
                                                           
       ANDD021           100.02  101.20       1.18     3.74
                                                           
       ANDD022            47.84   48.90       1.06     1.28
                                                           
       ANDD022            48.90   49.86       0.96     6.87
                                                           
       ANDD023            22.50   23.50       1.00     0.65
                                                           
       ANDD023            23.50   24.94       1.44     5.27
                                                           
       ANDD023            64.50   65.75       1.25    15.90
                                                           
       ANDD023            65.75   67.15       1.40     0.90
                                                           
       ANDD023            67.15   68.15       1.00     0.33
                                                           
       ANDD023            68.15   68.80       0.65     1.21
                                                           
       ANDD023            68.80   69.50       0.70     0.16
                                                           
       ANDD023            69.50   70.43       0.93     0.77
                                                           
       ANDD023            70.43   71.29       0.86     2.74
                                                           
       ANDD023            71.29   72.26       0.97     0.97
                                                           
       ANDD027            71.19   72.19       1.00    10.20
                                                           
       ANDD027            72.19   73.05       0.86     7.70
                                                           
       ANDD027            94.10   95.10       1.00     0.58
                                                           
       ANDD027            95.10   96.10       1.00     0.14
                                                           
       ANDD027            96.10   97.10       1.00     1.09
                                                           
       ANDD027            97.10   98.10       1.00     3.13
                                                           
       ANDD027            98.10   99.10       1.00     2.27
                                                           
       ANDD027            99.10  100.10       1.00     1.76
                                                           
       ANDD027           100.10  101.10       1.00     1.12
                                                           
       ANDD027           126.27  127.20       0.93     3.48
                                                           
       ANDD027           127.20  128.20       1.00     2.77
                                                           
       ANDD027           128.20  129.20       1.00     0.14
                                                           
       ANDD027           129.20  130.14       0.94        -
                                                           
       ANDD027           130.14  131.14       1.00     3.42
                                                           
       ANDD027           131.14  132.14       1.00     1.03
                                                           
       ANDD027           132.14  133.09       0.95     3.60
                                                           
       ANDD027           133.09  134.07       0.98     2.56
                                                           
       ANDD028            11.85   12.30       0.45     1.52
                                                           
       ANDD028            12.75   14.08       1.33     0.33
                                                           
       ANDD028            14.59   15.74       1.15     0.73
                                                           
       ANDD028            15.74   16.74       1.00     2.40
                                                           
       ANDD028            16.74   17.35       0.61     3.10
                                                           
       ANDD028            17.35   18.35       1.00     1.25
                                                           
       ANDD028            18.35   19.35       1.00     0.42
                                                           
       ANDD028            19.35   20.35       1.00     0.55
                                                           
       ANDD028            20.35   21.35       1.00     1.05
                                                           
       ANDD028            22.35   23.19       0.84    15.20
                                                           
       ANDD028            23.19   24.17       0.98     1.14
                                                           
       ANDD028            48.69   50.00       1.31        -
                                                           
       ANDD028            51.00   52.05       1.05     2.33
                                                           
       ANDD030            43.27   44.15       0.88     5.20
                                                           
       ANDD030            44.15   45.90       1.75     core
                                                       loss
                                                           
       ANDD030            45.90   46.33       0.43     1.50
                                                           
       ANDD030            46.33   48.33       2.00     core
                                                       loss
                                                           
       ANDD030            48.33   49.33       1.00    15.90
                                                           
       ANDD030            49.33   50.88       1.55     5.20
                                                           
       ANDD029           208.04  208.65       0.61     2.41
                                                           
       ANDD029           208.65  209.31       0.66    13.60
                                                           
       ANDD029           209.31  209.94       0.63     6.76
                                                           
       ANDD029           209.94  211.03       1.09     6.93
                                                           
       ANDD029           211.03  212.23       1.20     6.30
                                                           
       ANDD029           214.15  215.10       0.95     1.86
                                                           
       ANDD029           215.10  216.10       1.00     2.46
                                                           
       ANDD029           216.10  216.77       0.67     5.81
                                                           
       ANDD029           216.77  217.25       0.48     4.56
                                                           
       ANDD029           217.25  217.90       0.65    23.30
                                                           
       ANDD029           217.90  218.70       0.80    20.80
                                                           
       ANDD029           218.70  219.40       0.70    31.20
                                                           
       ANDD029           219.40  220.33       0.93     0.80
                                                           
       ANDD029           220.33  221.20       0.87     0.89
                                                           
       ANDD032            45.09   48.50       3.41     2.03
                                                           
         DL11             54.40   55.06       0.66     0.96
                                                           
         DL11             55.06   55.98       0.92    12.80
                                                           
         DL11             55.98   56.92       0.94     9.31
                                                           
         DL11             56.92   58.00       1.08     9.90
                                                           
         DL11             58.00   59.03       1.03     1.19
                                                           
         DL11             59.03   60.07       1.04     1.66
                                                           
         DL11             60.07   61.00       0.93     0.21

Martin Bevelander, Group Consulting Geologist for Pan African Resources, is
SACNASP (South African Council for Natural Scientific Professions) accredited
and was responsible for validating the borehole intersections.

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

Enquiries:

Pan African       Ambrian Partners     Macquarie First      St James's         
Resources         Limited              South Corporate      Corporate Services 
                                       Finance (Pty)        Limited            
Jan Nelson, CEO   Richard Brown        Limited                                 
                                                            Phil Dexter        
[phone]    [phone] Amanda Markman                          
7840                                                        [phone]    
                  Richard Greenfield   [phone]  3916               
Keith Spencer,                                                                 
Chairman          [phone] Doné Hattingh                           
                                                                               
[phone]                         [phone]                     
3155                                                                           
                                                                               
Nicole Stoyell                                                                 
                                                                               
Public Relations                                                               
                                                                               
[phone]                                                                 
7840