Director/PDMR Shareholding

Pan African Resources PLC

(Incorporated and registered in England and Wales under Companies Act 1985 with
registered number 3937466 on 25 February 2000)

AIM Code: PAF

JSE Code: PAN

ISIN: GB0004300496

("Pan African" or "the Company")

DEALING IN SECURITIES

The Company was notified on 29 April 2013 of the following dealing in respect
of the Company's shares:

Name of individual:                    RG Still                                
                                                                               
Company of which he is a director:     Pan African Resources PLC               
                                                                               
Name of associate of director:         The Alexandra Trust ("Trust"), of which 
                                       RG Still is a Trustee                   
                                                                               
Date of transaction:                   29 April 2013                           
                                                                               
Nature of transaction:                 Sale of shares by the Trust in adjusting
                                       its portfolio of investments            
                                                                               
Number of shares:                      1,700,000                               
                                                                               
Price per ordinary share:              ZAR2.22                                 
                                                                               
Value of transaction:                  ZAR3,774,000                            
                                                                               
Class of shares:                       Ordinary shares ("Shares")              
                                                                               
Interest of director:                  Indirect non-beneficial                 
                                                                               
Clearance obtained:                    Yes                                     
                                                                               
On-market or off-market:               On-market                               

The Trust's remaining holding in Pan African after the sale is 13 973 616
Shares, representing 0.77% of the issued share capital of the Company. Mr
Still' s total direct, beneficial interest in Pan African remains unchanged at
2,510,000 Shares, representing 0.14% of the issued share capital of the Company
as well as his indirect, non-beneficial interest held through Pangea
Exploration (Proprietary) Limited of 2,251,214 shares, representing 0.12% of
the issued share capital.

Johannesburg

30 April 2013

JSE Sponsor                                                                    
                                                                               
One Capital                                                                    

PAN AFRICAN ENQUIRIES                UK                                        
                                                                               
South Africa                                                                   
                                                                               
Pan African Resources                Canaccord Genuity Limited - Nomad and     
                                     Joint Broker                              
Mr Cobus Loots                                                                 
                                     Andrew Chubb / Peter Stewart / Joe Weaving
Non-executive director and Joint                                               
Interim Chief Executive Officer      [phone]                      
                                                                               
[phone]                                                            
                                                                               
Mr Ron Holding                                                                 
                                                                               
Chief Operating Officer and Joint                                              
Interim Chief Executive Officer                                                
                                                                               
[phone]                                                            
                                                                               
One Capital                          finnCap Limited - Joint Broker            
                                                                               
Sholto Simpson / Megan Young         Elizabeth Johnson / Joanna Weaving        
                                                                               
[phone]                  [phone]                      
                                                                               
Vestor Investor Relations            St James's Corporate Services Limited     
                                                                               
Louise Brugman                       Phil Dexter                               
                                                                               
[phone]                  [phone]                      
                                                                               
[phone]                                                                
                                                                               
                                     Gable Communications                      
                                                                               
                                     Justine James                             
                                                                               
                                     [phone] / [phone]

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