Co. Update on Production & Exploration Results

Regulatory Announcement                                                        
                                                                               
Company                         Pan African Resources plc                      
                                                                               
TIDM                            PAF                                            
                                                                               
Headline                        Company Update on Production & Exploration     
                                Results                                        
                                                                               
Released                        11 June 2008                                   

                           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                               

Company Update on Production & Exploration Results

Pan African announces the following updates on the exploration and production
activities at the Company's various projects.

South Africa

Barberton Mines have continued to operate in line with management expectations.
As of 30 June 2008, the mines will be un-hedged and therefore will be fully
leveraged to the gold price. The cash flows produced by Barberton Mines
continue to fund the Company's exploration activities.

At Barberton, the internal reserve replacement programs at Joe's Luck,
Zwartkoppies Deep and Consort below 50 level are progressing well. These
internal projects are expected to be completed within three years.

In addition, the compilation of historical drill hole, trench and geophysical
data by independent geological contractors has been completed and five major
prospective exploration targets have been identified, namely; Amira, Florence &
Devonian, Eagle's Nest, Southern Zwartkoppies and Mazepa. A geological team has
been assembled to follow up these targets during the course of the next 12
months.

Mozambique

The data required for the Pre-Feasibility study of the Manica Project has been
compiled and collated. The indicative results show that additional geological
and engineering work is required to define the higher grade areas so that the
mining plan can be optimized in terms of costs, grade and methods of extraction
to maximise possible returns for the project. Drilling continues to the deeper
parts of the ore body to further upgrade the resource from inferred to measured
and indicated.

The final results of the Pre-Feasibility study are expected to be made
available towards the end of Q3 2008.

Central African Republic

A Reverse Circulation ("RC") drilling program commenced at the Bogoin project
in the Central African Republic in Q2 2008. At this stage the drilling is
directed to find the source of gold which has led to the gold-in-soil anomalies
evident on surface. So far 20 holes have been drilled to a depth of
approximately 100m.

These initial holes were started to the north of the gold in soil anomaly on
which the defunct Roux open pit is situated. To date assay results for 7 of the
20 holes have been received. The best intersections to date are listed below:

  * 1m @ 5.92g/t (Borehole ID: BGRC001; 99-100m)
   
  * 1m @ 5.40g/t (Borehole ID: BGRC001; 101-102m)
   
  * 1m @ 10.40g/t (Borehole ID: BGRC003; 26-27m)
   
  * 1m @ 21.68g/t (Borehole ID: BGRC003; 39-40m)
   
  * 1m @ 4.08g/t (Borehole ID: BGRC005; 30-31m)
   
  * 1m @ 10.20g/t (Borehole ID: BGRC005; 34-35m)
   
Note: - widths reported are as intersected in the borehole and samples were
taken over 1m widths.

The plan is to move southwards over this area with widely spaced holes in an
endeavour to identify the host rock containing the gold. If successful, more
closely spaced drilling will be initiated in these areas. The results of these
holes will be published once the assays are known and a geological
interpretation of the area is completed. Due to the prospective nature of this
area, as well as the Company's extensive land holdings, the Company has decided
to accelerate the program with the introduction of a second RC drill rig.

Ghana

Also in Q2 2008 the Company commenced a planned 6,000m drilling program on the
eastern side of the Akrokerri project in order to test the strike and downdip
potential of the historical Akrokerri Mine, which produced 74,000 ounces of
gold at a recovered grade of 24.6g/t from 1900 - 1909. A total of 3,000m of
this program have been completed to date, for which the Company is awaiting
assay results.

A geophysical IP survey is currently underway towards the north of the
Akrokerri project to enable the team to define additional drill targets to the
south of the AngoGold Ashanti Homase pit.

Jan Nelson, CEO of Pan African Resources, commented: "The Company is pleased
with the progress of its exploration projects which are all being funded by
cash flow from Barberton Mines. The Pre-Feasibility is taking longer than
expected on the Manica gold project as a result of new geological
interpretations, however additional resources have been contracted to complete
the Pre-Feasibility work in the shortest period possible. The Company is
extremely pleased by the initial drill intersections made on the Bogoin project
in the CAR. The results received to date come from boreholes drilled on the
edge of the gold-in-soil anomaly, and drilling is currently underway to test
the heart of the anomaly."

                                     ENDS                                      

For further information on Pan African Resources 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          Richard Brown       Limited                                
                                                            Phil Dexter        
CEO                 [phone]     Amanda Markman                         
                    4709                                    [phone]    
[phone]                     [phone] 3916               
                    Richard Greenfield                                         
Keith Spencer                           Annerie Britz       FDBeachhead Media &
Chairman            [phone]                         Investor Relations 
                    4710                [phone]                    
[phone]                                         Jennifer Cohen     
                                                                               
Nicole Stoyell                                              [phone]
                                                                               
Public Relations                                            Louise Brugman     
                                                                               
[phone]                                         [phone]

Martin Bevelander, Group Consulting Geologist for Pan African Resources, is
SACNASP accredited and was responsible for validating the borehole
intersections.