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")


DEALINGS IN SECURITIES

The Company was notified yesterday, of the following dealings in respect of the
Company's shares:

Name of director:                     NA Reynolds * (Acting Chief Financial Officer)

Company of which he is a director:    Director of Emerald Panther Investments 91
                                      Proprietary Limited and an alternate director
                                      of Evander Gold Mines Limited, both major
                                      subsidiaries of the Company

Name of associate of director:        NA Reynolds Family Trust ("Trust") of which NA
                                      Reynolds is a trustee and beneficiary

Date of transaction:                  9 April 2013

Nature of transaction:                Purchase of shares by the Trust

Number of shares:                     10,000

Price per ordinary share:             ZAR2.11

Value of transaction:                 ZAR21,100

Class of shares:                      Ordinary Shares

Interest of director:                 Indirect beneficial

Clearance obtained:                   Yes

On-market or off-market:              On-market


Name of executive:                    A van den Bergh * (Executive: Human Resources)

Name of associate of executive:       L van den Bergh (A van den Bergh's wife)

Date of transaction:                  9 April 2013

Nature of transaction:                Purchase of shares by L van den Bergh

Number of shares:                     37,912

Price per ordinary share:             ZAR2.11

Value of transaction:                 ZAR79,994

Class of shares:                      Ordinary Shares

Interest of executive:                Non-beneficial

Clearance obtained:                   Yes

On-market or off-market:              On-market

* For the avoidance of doubt, it should be noted that the above named
individuals are not directors of Pan African.

Johannesburg

10 April 2013
JSE Sponsor                                                                    
                                                                               
One Capital                                                                    




PAN AFRICAN ENQUIRIES                                                        
                                                                               
South Africa                         UK                                           
                                                                               
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