Directorate Change

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 Resources" or the "Company") Pan African Resources strengthens board with appointment of Rowan Smith Further to the announcement released on 2 July 2014, Pan African Resources, theAfrican focused precious metals producer, is pleased to confirm the formalappointment of Rowan M. Smith as a Non-Executive Director, who will join theboard of the Company (the "Board") with immediate effect. Rowan is a qualified geologist with significant mining and business expertiseand experience. He has spent over 20 years in the minerals and investmentbanking industries in Africa. Most recently Rowan was Managing Director of Shanduka Resources, which he wasinvolved with since its inception in 2002. His experience also includesgeological valuation work for Rand Mines, seven years with Société Générale deSurveillance, and four years as a Director of Investec Bank's Resource FinanceDivision. Keith Spencer, Chairman of the Board, commented: "The Board is delighted towelcome Rowan to the Company. His skills and experience, both operationally andcommercially, will strengthen Pan African Resources' expertise in these areasas the Company looks to build on its successful precious metals operations." Further information on Rowan Smith Rowan Smith, aged 50, is currently a director of the following companies: * Hlanganani Capital * Jordan River Investments * Rail2Rail Holdings * Dawnstar Capital Within the last five years, Mr. Smith has been a director of the followingcompanies: * Shanduka Group (Pty) Limited * Shaduka Resources (Pty) Limited * Shanduka Coal Investments (Pty) Limited * Shanduka Gold (Pty) Limited * Shanduka Newsprint (Pty) Ltd * Shanduka Packaging (Pty) Ltd * Kangra Coal (Pty) Ltd * Mondi Shanduka Newsprint SA (Pty) Ltd * Main Street 343 (Pty) Ltd * Pan African Resources Plc * Shanduka Coal (Pty) Ltd * Rapid Coal (Pty) Ltd * Wakefield Investments (Pty) Ltd * Side Minerals (Pty) Ltd * Leeufontein Myne (Pty) Ltd * Bankfontein Properties (Pty) Ltd * Springboklaagte Mining (Pty) Ltd * Lexshell 99 General Trading (Pty) Ltd * Graspan Coliery (Pty) Ltd * Shanduka Exploration (Pty) Ltd * Assore Limited * Emgen Coal (Pty) Ltd * Treewaters Fuel (Pty) Ltd * Carnarvon Anthracite Coal (Pty) Ltd * Springlake Mining South Africa Limited * Springlake Holdings (Pty) Ltd Save as set out in this announcement, there are no further matters to bedisclosed under paragraph (g) of Schedule 2 of the AIM Rules for Companies. 8 September 2014 Pan African Resources Enquiries Ron Holding Cobus LootsPan African Resources PLC Pan African Resources PLCChief Executive Officer Financial DirectorOffice: + 27 (0) 11 243 2900 Office: + 27 (0) 11 243 2900 Phil Dexter Neil Elliot / Peter StewartSt James's Corp Services Limted Canaccord Genuity LimitedLimitedCompany Secretary Nominated Adviser and Joint BrokerOffice: + 44 (0) 207 499 3916 Office: +44 (0)207 523 8350 Matthew Armitt / Ross Allister Sholto SimpsonPeel Hunt LLP One CapitalJoint Broker JSE SponsorOffice: +44 (0)020 741 8900 Office: + 27 (0) 11 550 5009 Julian Gwillim Daniel ThöleAprio Strategic Communications Bell Pottinger PRPublic & Investor Relations SA Public & Investor Relations UKOffice: +27 (0)11 880 0037 Office: + 44 (0) 203 772 2500 www.panafricanresources.com Notes to Editors Pan African is a mid-tier precious metals producer, listed on the AIM market inLondon and the JSE in South Africa. With all five of its operations in SouthAfrica, Pan African currently produces c200koz of gold and c8koz of PGM's perannum. The Company's strategic focus is on the exploitation of high gradeore-bodies that yield high margins with a relatively low cost base. PanAfrican's portfolio consists of the Barberton gold mine; the Barberton TailingsRetreatment Plant (BTRP); the Evander gold mine; the Evander TailingsRetreatment Plant (under construction) and the Phoenix Chrome TailingsRetreatment Plant (CTRP). The Group's total gold resource base is 33.5Moz andthe total gold reserve is 10.1Moz. African is committed to safe production andeffective engagement with all our stakeholders.