Resource Upgrade

Pan African Resources PLC
10 September 2007


10 September 2007


                           Pan African Resources PLC

                        ('Pan African' or the 'Company')

             Manica Project: Resource Upgrade and Drilling Results


Pan African Resources PLC (AIM: PAF, AltX: PAN), the African based gold mining
and exploration company is pleased to announce an increased resource at the
Manica gold project in Mozambique and report an increase in grades resulting
from the ongoing exploration drilling programme.


Highlights:

   •Increase in the Manica resource of 18% to 1.550Moz contained gold
    compared to the previously reported 1.311Moz.
   •Confirmation of higher gold grades at the Fair Bride prospect
   •Further 15,600m exploration drilling planned at Manica for completion by
    Q4 2007


The total Manica resource was upgraded from 1,311Moz at 2.89g/t to 1.550Moz at
2.96g/t. The resource at the Fair Bride prospect has been increased by 20% to
1.245Moz as part of the ongoing pre-feasibility study that is planned for
completion in Q1 2008. The revised resource statement for the Manica project is
as follows:

MANICA EXPLORATION PROJECT - MEASURED MINERAL RESOURCE

Prospect          Category         Tonnes   Grade (g/t)  Gold (kg)     Gold (oz)
Fair Bride        Measured      3,120,000          2.98      9,300       299,200
------------      --------      ---------     ---------  ---------      --------
                                3,120,000          2.98      9,300       299,200
------------      --------      ---------     ---------  ---------      --------

MANICA EXPLORATION PROJECT - INDICATED MINERAL RESOURCE

Prospect          Category         Tonnes   Grade (g/t)  Gold (kg)     Gold (oz)
Fair Bride       Indicated      2,110,000          2.47      5,200       167,900
Guy Fawkes       Indicated      2,150,000          2.44      5,200       168,300
------------      --------      ---------     ---------  ---------      --------
                                4,260,000          2.46     10,400       335,800
------------      --------      ---------     ---------  ---------      --------

MANICA EXPLORATION PROJECT - INFERRED MINERAL RESOURCE 

Prospect          Category         Tonnes   Grade (g/t)  Gold (kg)     Gold (oz)
Fair Bride        Inferred      7,500,000          3.23     24,200       778,300
Guy Fawkes        Inferred        600,000          2.80      1,700        56,000
Dot's Luck        Inferred        500,000          3.35      1,500        49,600
Boa Esperanca     Inferred        300,000          2.96      1,000        31,200
------------      --------      ---------     ---------  ---------      --------
                                8,900,000          3.20     28,400       915,100
------------      --------      ---------     ---------  ---------      --------

MANICA EXPLORATION PROJECT - TOTAL MINERAL RESOURCE

All Prospects                  16,280,000          2.96     48,100     1,550,100



The infill exploration drilling programme at Fair Bride is advancing well and to
date 4476m have been drilled, representing 37 boreholes, which continue to
outline additional resource volumes at depth and along strike. To date assay
results from 15 of the 37 boreholes drilled have been received, and are
tabulated at the end of this release.


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 the
planned boreholes have been drilled):


9m @ 4,07g/t (drillhole AND08, from 51m - 60m)

2m @7,95g/t (drillhole AND09, from 0m - 2m)

24m @ 5,81g/t (drillhole AND15, from 9m - 33m)

7m @ 1,96g/t (drillhole AND36, from 88m - 95m)

18m @ 4,53g/t (drillhole AND37, from 72m - 90m)

15.32m @3,74g/t (drillhole ANDD10, from 114.43m - 129.75m)

15.51m @ 4,81g/t (drillhole ANDD11, from 60.85m - 76.36m)

4.03m @3,35g/t (drillhole ANDD14, from 107.37m - 111.40m)

7.16m @ 2,30g/t (drillhole ANDD18, from 53m - 60.16m)

15.62m @ 1,74g/t (drillhole ANDD18, from 77.41m - 93.03m)

4.23m @ 21,10g/t (drillhole ANDD25, from 188.27m - 192.5m)

5.47m @ 2,70g/t (drillhole ANDD26, from 173.60m - 179.07m)

26.04m @5,01g/t (drillhole MDD002, from 82.76m - 108.8m)


The Company is planning a further 6600m of drilling at the Fair Bride prospect,
as well as an additional 9000m of Reverse Circulation ('RC') drilling at the Guy
Fawkes prospect. This drilling programme is due for completion in Q4 2007 and it
is hoped that it will result in 90% of the total resource stated at the Fair
Bride prospect being in the Measured and Indicated categories.


The Guy Fawkes prospect has emerged from ongoing exploration work as a
potentially significant target, which could add considerably to the Manica
resource.


Jan Nelson, CEO of Pan African, commented: 'The latest results from the drilling
programme have not only confirmed the Company's expectation that the grade at
the Fair Bride prospect is higher than previously anticipated, but has also
outlined additional resources at depth and along strike, at Fair Bride, as well
as at the Guy Fawkes and Dot's Luck prospects. As a result of the identification
of these additional resources, the completion of the pre-feasibility study will
now be delayed until Q1 2008 to accommodate all of the new information. The
Company is looking forward to reporting on the ongoing results during the course
of the year.'


Nelson commented further on the other Pan African projects throughout Africa:
'The 8100m Rotary Air Blast ('RAB') drilling programme at the Bogoin prospect in
Central African Republic ('CAR') is advancing well and as soon as results become
available the Company will report them. Exploration activity in Ghana on the
Akrokerri prospect, as well as the exploration programme in the areas
surrounding Barberton Mines in South Africa will commence in Q4 2007.'


Laboratory Results of Composite Intersections Stated

BHID   Depth from        depth to       Length             Gold grade (g/t)
And08       51.00           54.00         3.00                         0.49
And08       54.00           57.00         3.00                         0.46
And08       57.00           58.00         1.00                         3.48
And08       58.00           59.00         1.00                        12.99
And08       59.00           60.00         1.00                        17.33
And09           -            1.00         1.00                         8.27
And09        1.00            2.00         1.00                         7.64
And15        9.00           12.00         3.00                         4.37
And15       12.00           15.00         3.00                         1.35
And15       15.00           16.00         1.00                         1.50
And15       16.00           17.00         1.00                         1.06
And15       17.00           18.00         1.00                         0.33
And15       18.00           21.00         3.00                         8.25
And15       21.00           22.00         1.00                         0.02
And15       22.00           23.00         1.00                         0.07
And15       23.00           24.00         1.00                         3.61
And15       24.00           25.00         1.00                         3.34
And15       25.00           26.00         1.00                        32.46
And15       26.00           27.00         1.00                        27.46
And15       27.00           28.00         1.00                        10.82
And15       28.00           29.00         1.00                         3.23
And15       29.00           30.00         1.00                         1.74
And15       30.00           33.00         3.00                         3.93
And36       88.00           89.00         1.00                         0.38
And36       89.00           90.00         1.00                         5.38
And36       90.00           91.00         1.00                         1.13
And36       91.00           92.00         1.00                         3.10
And36       92.00           93.00         1.00                         1.12
And36       93.00           94.00         1.00                         1.53
And36       94.00           95.00         1.00                         1.10
And37       72.00           75.00         3.00                         0.82
And37       75.00           76.00         1.00                         0.28
And37       76.00           77.00         1.00                         3.60
And37       77.00           78.00         1.00                        13.58
And37       78.00           79.00         1.00                        20.07
And37       79.00           80.00         1.00                         1.86
And37       80.00           81.00         1.00                         9.84
And37       81.00           82.00         1.00                         7.66
And37       82.00           83.00         1.00                        19.22
And37       83.00           84.00         1.00                         0.13
And37       84.00           87.00         3.00                         0.72
And37       87.00           90.00         3.00                         0.26
Andd010    114.43          115.44         1.01                        10.60
Andd010    115.44          116.44         1.00                         8.94
Andd010    116.44          117.44         1.00                         2.88
Andd010    117.44          118.05         0.61                         1.89
Andd010    118.05          119.05         1.00                         4.78
Andd010    119.05          120.02         0.97                         7.14
Andd010    120.02          121.02         1.00                         4.04
Andd010    121.02          122.02         1.00                         0.07
Andd010    122.02          123.02         1.00                         0.04
Andd010    123.02          124.03         1.01                         0.98
Andd010    124.03          125.03         1.00                         2.99
Andd010    125.03          126.03         1.00                         0.44
Andd010    126.03          127.03         1.00                         1.08
Andd010    127.03          127.75         0.72                         0.75
Andd010    127.75          128.75         1.00                         4.93
Andd010    128.75          129.75         1.00                         6.73
Andd011     60.85           61.85         1.00                         0.20
Andd011     61.85           62.85         1.00                         0.24
Andd011     62.85           63.75         0.90                         0.40
Andd011     63.75           64.75         1.00                         0.84
Andd011     64.75           65.75         1.00                         0.11
Andd011     65.75           66.75         1.00                         0.40
Andd011     66.75           67.75         1.00                         0.20
Andd011     67.75           68.60         0.85                         0.83
Andd011     68.60           69.75         1.15                        14.80
Andd011     69.75           70.75         1.00                        16.30
Andd011     70.75           71.75         1.00                         4.94
Andd011     71.75           72.75         1.00                         5.57
Andd011     72.75           73.75         1.00                        15.50
Andd011     73.75           74.75         1.00                         6.13
Andd011     74.75           75.75         1.00                         4.61
Andd011     75.75           76.36         0.61                         2.38
Andd014    107.37          108.37         1.00                         3.20
Andd014    108.37          109.37         1.00                         1.25
Andd014    109.37          110.40         1.03                         7.39
Andd014    110.40          111.40         1.00                         1.42
Andd018     53.00           54.00         1.00                         2.01
Andd018     54.00           55.00         1.00                         0.00
Andd018     55.00           55.50         0.50                         5.37
Andd018     55.50           56.45         0.95                         4.64
Andd018     56.45           57.48         1.03                         0.73
Andd018     57.48           58.48         1.00                         0.26
Andd018     58.48           59.31         0.83                         5.15
Andd018     59.31           60.16         0.85                         2.44
Andd018     77.41           78.28         0.87                         3.60
Andd018     78.28           79.30         1.02                         0.69
Andd018     79.30           79.80         0.50                         0.31
Andd018     79.80           80.90         1.10                         0.23
Andd018     80.90           81.96         1.06                         3.56
Andd018     81.96           83.02         1.06                         1.78
Andd018     83.02           83.86         0.84                         0.65
Andd018     83.86           84.62         0.76                         0.43
Andd018     84.62           85.60         0.98                         9.91
Andd018     85.60           86.63         1.03                         0.63
Andd018     86.63           87.60         0.97                         0.22
Andd018     87.60           88.60         1.00                         1.36
Andd018     88.60           89.65         1.05                         0.22
Andd018     89.65           90.63         0.98                         0.09
Andd018     90.63           91.25         0.62                         0.63
Andd018     91.25           92.44         1.19                         2.60
Andd018     92.44           93.03         0.59                         1.08
Andd025    188.27          189.50         1.23                         5.62
Andd025    189.50          190.50         1.00                         1.66
Andd025    190.50          191.50         1.00                        40.10
Andd025    191.50          192.50         1.00                        40.60
Andd026    173.60          174.60         1.00                         0.50
Andd026    174.60          175.30         0.70                         0.04
Andd026    175.30          175.75         0.45                         2.77
Andd026    175.75          176.75         1.00                         3.88
Andd026    176.75          177.75         1.00                         0.57
Andd026    177.75          178.55         0.80                         0.84
Andd026    178.55          179.07         0.52                        15.10
MDD002      82.76           83.76         1.00                         2.89
MDD002      83.76           84.76         1.00                         2.92
MDD002      84.76           85.76         1.00                         0.09
MDD002      85.76           86.85         1.09                        12.90
MDD002      86.85           87.90         1.05                         0.06
MDD002      87.90           88.75         0.85                         0.05
MDD002      88.75           89.43         0.68                         0.38
MDD002      89.43           90.40         0.97                         0.14
MDD002      90.40           91.23         0.83                         0.00
MDD002      91.23           92.07         0.84                         0.00
MDD002      92.07           92.90         0.83                         0.31
MDD002      92.90           93.70         0.80                         0.00
MDD002      93.70           94.50         0.80                         0.00
MDD002      94.50           95.50         1.00                         0.35
MDD002      95.50           96.50         1.00                         0.28
MDD002      96.50           97.50         1.00                         0.23
MDD002      97.50           98.50         1.00                         0.38
MDD002      98.50           99.40         0.90                         1.43
MDD002      99.40          100.14         0.74                        23.10
MDD002     100.14          100.81         0.67                        18.60
MDD002     100.81          101.80         0.99                        17.90
MDD002     101.80          102.80         1.00                        19.30
MDD002     102.80          103.85         1.05                         6.49
MDD002     103.85          104.65         0.80                         2.47
MDD002     104.65          105.59         0.94                         8.47
MDD002     105.59          106.33         0.74                         0.39
MDD002     106.33          106.95         0.62                         0.96
MDD002     106.95          107.80         0.85                        25.80
MDD002     107.80          108.80         1.00                         1.07



• ExplorMine Consultants (Pty) Ltd act as Pan African's Competent Person
  for the Manica project and independently signed off on the resource upgrade.
  ExplorMine is a South African based Resource and Geological Consultancy - the
  principal directors and geologists of the company are Graham Gavine and Garth
  Mitchell, who are SACNASP accredited.

• Geologix MRC (Pty) Ltd is a South African Resources and Geological
  Consultancy - Deon van den Heever is SACNASP accredited and was responsible 
  for the resource estimate.

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

• The resource statement is SAMREC compliant and has been verified by
  both geological consultancy firms.

• SACNASP - South African Council for Natural Scientific Professions

• SAMREC - South African Mineral Resource Code (similar JORC)





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



Enquiries:

Pan African        Ambrian Partners     Macquarie First      Parkgreen                                              
Resources          Limited              South Corporate      Communications
                                        Finance (Pty) Limited             
               
Jan Nelson,CEO     Richard Brown        Amanda Markman       Justine Howarth
[phone]  [phone]   [phone]    [phone]
 
Colin Bird,        Richard Greenfield   Done Hattingh
Chairman         
[phone] [phone] +27  (0) 11 343 2308 6418         

Nicole Stoyell
Public
Relations
[phone]




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