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 today, of the following dealings in respect of the
Company's shares:

Name of individual:                     RA Holding * (Chief Operating Officer  
                                        and Joint Interim Chief Executive      
                                        Officer)                               
                                                                               
Company of which he is a director:      Director of Barberton Mines Pty Ltd,   
                                        Emerald Panther Investments 91 Pty Ltd,
                                        Evander Gold Mines Ltd and Firefly     
                                        Investments 251 Pty Ltd                
                                                                               
Date of transaction:                    15 April 2013                          
                                                                               
Nature of transaction:                  Purchase of shares                     
                                                                               
Number of shares:                       100,000                                
                                                                               
Price per ordinary share:               ZAR1.92 (VWAP); ZAR1.90 (lowest);      
                                        ZAR1.95 (highest)                      
                                                                               
Value of transaction:                   ZAR192,490                             
                                                                               
Class of shares:                        Ordinary Shares                        
                                                                               
Interest of director:                   Direct beneficial                      
                                                                               
Clearance obtained:                     Yes                                    
                                                                               
On-market or off-market:                On-market                              

Following this on-market transaction, Mr RA Holding has a direct beneficial
interest in 852,500 Ordinary Shares, representing 0.046% of the issued share
capital of the Company.

* For the avoidance of doubt, RA Holding is not a director of Pan African.

Johannesburg

16 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