Director/PDMR Shareholding

Pan Andean Resources PLC
11 December 2006



Pan Andean Resources, the Irish based, AIM listed Oil and Gas Producer announces
that it was informed on 8 December 2006 that, on the same day, John Teeling,
Chairman purchased 3,333,650 shares at 11.75p per share to bring his holding to
5,601,650 representing approximately 4.7% of the issued share capital.



Further information:


Pan Andean Resources
John Teeling                                       Tel: [phone]
James Finn                                         Tel: [phone]

College Hill
Paddy Blewer                                       Tel: [phone]

Corporate Synergy
Ian Rice                                           Tel: [phone]




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