Notice of AGM and No Change Statement

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” or the “Company”)

NOTICE OF ANNUAL GENERAL MEETING AND NO CHANGE STATEMENT

Notice is hereby given that Pan African’s annual general meeting (“AGM”) of shareholders will be held at the offices of Numis Securities Limited, The London Stock Exchange Building, 10 Paternoster Square, London, EC4M 7LT on Friday, 27 November 2015 at 14:00 (all times stated are United Kingdom times unless otherwise stated).  Please note that as the AGM will be held at The London Stock Exchange all attendees will be required to show ID in order to gain entry.

The notice of AGM and integrated annual report are being distributed to shareholders today, 30 October 2015.

Shareholders are advised that the notice of AGM and the full integrated annual report, including the annual financial statements for the year ended 30 June 2015, will be available on the Company’s website at www.panafricanresources.com from today and that the salient dividend dates will be notified to shareholders on the same day as the AGM.

The annual financial statements for the year ended 30 June 2015 contain no modifications to the audited results as released on SENS on 16 September 2015.

Salient dates

	2015
Record date to determine which shareholders are entitled to receive the notice of AGM	Friday, 23 October
Last day to trade in order to be eligible to attend and vote at the AGM	Wednesday,18 November
Record date to determine which shareholders are entitled to attend and vote at the AGM	Wednesday, 25 November
Forms of proxy for the AGM to be lodged by 14:00 on	Wednesday, 25 November

30 October 2015

Pan African Resources Enquiries

Cobus Loots	Deon Louw
Pan African Resources PLC	Pan African Resources PLC
Chief Executive Officer	Financial Director
Office: + 27 (0) 11 243 2900	Office: + 27 (0) 11 243 2900
Phil Dexter	John Prior / Paul Gillam / James Black
St James's Corporate Services Limited	Numis Securities Limited
Company Secretary	Nominated Adviser  and Joint Broker
Office: + 44 (0)20 7796 8644	Office: [phone]
Matthew Armitt / Ross Allister	Sholto Simpson
Peel Hunt LLP	One Capital
Joint Broker	JSE Sponsor
Office: [phone]	Office: + 27 (0) 11 550 5009
Julian Gwillim	Daniel Thöle
Aprio Strategic Communications	Bell Pottinger PR
Public & Investor Relations SA	Public & Investor Relations UK
Office: [phone]	Office: + 44 (0) 20 3772 2500

www.panafricanresources.com