Posting of Annual Report & Salient Dates Re...

30 September 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                 

                            Share code on AIM: PAF                             

                            Share code on JSE: PAN                             

                              ISIN: GB0004300496                               

POSTING OF ANNUAL REPORT AND NOTIFICATION OF SALIENT DATES RELATING TO DIVIDEND
                                RECOMMENDATION                                 

Posting of annual report and notice of annual general meeting

Pan African Resources PLC (JSE: PAN / AIM: PAF) shareholders are referred to
the announcement released on the Securities Exchange News Service ("SENS") of
JSE Limited ("JSE") and to the Regulatory News Service ("RNS") of the London
Stock Exchange ("LSE") on Tuesday, 31 August 2010, and are advised that the
Company will post its annual report for the year ended 30 June 2010 ("Annual
Report") to shareholders on Friday, 22 October 2010.

Notice is hereby given that Pan African`s Annual General Meeting ("AGM") will
be held at the offices of Fasken Martineau LLP, Fourth Floor, 17 Hanover
Square, London, W1S 1HU on Monday, 15 November at 12:00pm Central African Time
/ 10:00am Greenwich Mean Time to conduct the business set out in the notice of
AGM that will be distributed to shareholders together with the Annual Report.

Dividend recommendation

The board has proposed a final dividend for the year ended 30 June 2010 of
GBP5.26 million, which calculated on 1,413,540,711 issued shares currently
outstanding, equates to 0.3723p per share ("Dividend"). The Dividend requires
the approval of Pan African shareholders at the AGM.

Expected Dividend timetable

                                                                           2010
                                                                               
Approval of Dividend at the AGM                             Monday, 15 November
                                                                               
Currency conversion date                                    Monday, 15 November
                                                                               
Announcement of results of AGM and currency conversion on   Monday, 15 November
SENS and to RNS                                                                
                                                                               
Last date to trade on the JSE                               Friday, 26 November
                                                                               
Ex-Dividend date on the JSE                                 Monday, 29 November
                                                                               
Ex-Dividend date on the LSE                                        Wednesday, 1
                                                                       December
                                                                               
Record date                                                  Friday, 3 December
                                                                               
Payment date                                                Friday, 10 December

Notes:

 1. The above dates and times are subject to amendment. Any such amendment will
    be released on SENS and to the RNS and published in the South African
    press.
   
 2. No transfers between the Johannesburg and London registers between
    commencement of trading on Monday, 15 November 2010 and close of business
    on Friday, 3 December 2010, will be permitted.
   
 3. No shares may be dematerialised or rematerialised between Monday,
    29 November 2010 and Friday, 3 December 2010, both days inclusive.
   
Enquiries:

South Africa                           UK                                    
                                                                             
Pan African                            RBC Capital Markets                   
                                                                             
Jan Nelson, Chief Executive Officer    Martin Eales / Brett Jacobs           
                                                                             
[phone]                    [phone]                  
                                                                             
Macquarie First South Advisers (Pty)   St James's Corporate Services Limited 
Ltd                                                                          
                                       Phil Dexter                           
Melanie de Nysschen / Annerie Britz                                          
                                       [phone]                  
[phone]                                                          
                                                                             
                                       Hansard Communications                
                                                                             
                                       Justine James                         
                                                                             
                                       [phone]                  
                                                                             
                                       [phone]