Directorate Change

Pan African Resources PLC(Incorporated and registered in England and Wales under Companies Act 1985 withregistered number 3937466 on 25 February 2000)Share code on AIM: PAFShare code on JSE: PANISIN: GB0004300496("Pan African" or the "Company") CHANGES TO THE BOARD OF DIRECTORS Pan African shareholders ("Shareholders") are hereby advised that Rob Still hasresigned as a non-executive director of the Company with effect from 1 July2014, owing to increasing global responsibilities within his private equitybusiness. Following his resignation, Mr. Still will no longer be a member ofany board committees of Pan African. Shareholders are also advised that Rowan Smith has accepted the appointment asa non-executive director on Pan African's board of directors. Rowan will beformally appointed to the board and the effective date of his appointment willbe announced once the AIM processes pertaining to his appointment have beencompleted. Rowan was previously the Managing Director of Shanduka Resources. He is aqualified geologist and has in excess of 20 years of experience in the mineralsand investment banking industries. His experience also includes geologicalvaluation work for Rand Mines, seven years with Societe Generale deSurveillance and four years as a Director of Investec Bank's Resource FinanceDivision. Keith Spencer, Chairman of Pan African, commented: "The board of directors andI would like to thank Rob for his invaluable contribution to Pan African overthe past 10 years, during which Pan African has grown from a junior explorationcompany to a mid-tier miner with a market capitalisation in excess of US$400m.We wish him well in his future endeavours. Rowan's appointment as anon-executive director will further strengthen the technical and commercialexpertise available to our board, and we look forward to working with him. " 2 July 2014 JSE Sponsor One Capital PAN AFRICAN ENQUIRIES South Africa UK Pan African Resources Canaccord Genuity LimitedMr Ron Holding Neil Elliot / Peter Stewart / Joe WeavingChief Executive Officer Nomad and Joint Broker+27 (0) 11 243 2900 +44 (0) 20 7523 8350 One Capital finnCap LimitedRegulatory Services Elizabeth Johnson / Joanna Weaving+27 (0) 11 550 5000 Joint Broker +44 (0) 20 7220 0500 St James's Corporate Services Limited Phil Dexter +44 (0) 20 7796 8647 For further information on Pan African, please visit the website atwww.panafricanresources.com