Result of AGM

Regulatory Announcement                                                        
                                                                               
Company                           Pan African Resources plc                    
                                                                               
TIDM                              PAF                                          
                                                                               
Headline                          Results of Annual General Meeting            
                                                                               
Released                          22 December 2008                             

                           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')                        

                       Results of Annual General Meeting                       

The Board of Directors of the Company announces that all resolutions proposed
to the shareholders at the Annual General Meeting of the Company held today
were passed.

United Kingdom

22 December 2008

                                     ENDS                                      

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

Enquiries:

Pan African         RBC Capital Markets Macquarie First     St James's         
Resources                               South Advisers      Corporate Services 
                    Andrew Smith        (Pty) Limited       Limited            
Jan Nelson                                                                     
                    [phone]     Thato Morojele      Phil Dexter        
CEO                 7882                                                       
                                        [phone] [phone]    
[phone] Martin Eales                            3916               
                                        Annerie Britz                          
Keith Spencer       [phone]                         FDBeachhead Media &
Chairman            7881                [phone] Investor Relations 
                                                                               
[phone]                                         Jennifer Cohen     
                                                                               
Nicole Spruijt                                              [phone]
                                                                               
Public Relations                                            Louise Brugman     
                                                                               
[phone]                                         [phone]