Resignation of Non-Executive Director

Pan African Resources PLC                           

                       ("Pan African" or "the Company")                        

(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                               

RESIGNATION OF NON-EXECUTIVE DIRECTOR

Pan African wishes to advise shareholders that Ms Phuti Mahanyele has notified
the Company of her intention to resign as the Company's deputy chairman and as
a non-executive director with effect from 30 June 2015. Ms Mahanyele currently
holds these positions as a representative of the Shanduka Group (Proprietary)
Limited ("Shanduka").

Ms Mahanyele's intention to resign her Pan African positions is a direct
consequence of her resignation from Shanduka, which was announced today and
will also be effective from 30 June 2015.

Keith Spencer, Chairman of Pan African, commented: "The Board thanks Phuti for
her valuable contribution to date, and we look forward to working with her
until the end of her tenure". 



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

23 February 2015



Contact Details

Corporate Office
The Firs Office Building
1st Floor, Office 101
Cnr. Cradock and Biermann Avenues
Rosebank, Johannesburg
South Africa
Office: + 27 (0) 11 243 2900
Facsmile: + 27 (0) 11 880 1240

Registered Office
Suite 31
Second Floor
107 Cheapside
London
EC2V 6DN
United Kingdom

Office: + 44 (0) 207 796 8644
Facsmile: + 44 (0) 207 796 8645

Ron Holding                              Cobus Loots                           
Pan African Resources PLC                Pan African Resources PLC             
Chief Executive Officer                  Financial Director                    
Office: + 27 (0)11 243 2900              Office: + 27 (0) 11 243 2900          
                                                                               
Phil Dexter                              Peter Stewart                         
St James's Corporate Services Limited    Canaccord Genuity Limited             
Company Secretary                        Nominated Adviser                     
Office: + 44 (0)207 796 8644             Office: [phone]           
                                                                               
Sholto Simpson                           Matthew Armitt / Ross Allister        
One Capital                              Peel Hunt LLP                         
JSE Sponsor                              Joint Broker                          
Office: + 27 (0)11 550 5009              Office: [phone]          
                                                                               
Julian Gwillim                           Daniel Thöle                          
Aprio Strategic Communications           Bell Pottinger PR                     
Public & Investor Relations SA           Public & Investor Relations UK        
Office: [phone]               Office: + 44 (0)203 772 2500          


www.panafricanresources.com