Wage negotiations successfully concluded at Bar...

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")

PAN AFRICAN SUCCESSFULLY CONCLUDES WAGE NEGOTIATIONS AT BARBERTON MINES

Pan African shareholders are hereby informed that the Company has successfully
entered into a two year agreement with the National Union of Mineworkers
("NUM") and the United Association of South Africa ("UASA") on wages and other
conditions of employment for employees at its Barberton Mines (Proprietary)
Limited operation ("Barberton Mines"), for the financial years ending 30 June
2014 and 30 June 2015.

The average Barberton salary and wage bill increase for these financial years
will amount to approximately 8% per annum, effective from 1 July 2013.

CEO of Pan African, Ron Holding commented: "This agreement concludes all of our
wage discussions for 2013 and finalises both Evander and Barberton's wage
negotiations for the next two financial years."


Johannesburg
2 October 2013


JSE Sponsor                                                                  
One Capital                                                                    
                 
                                                              
PAN AFRICAN ENQUIRIES                                                        
                                                                               
South Africa                     UK                                           
                                                                               
Pan African Resources            Canaccord Genuity Limited                  
Mr Ron Holding                   Nomad and Joint Broker                     
Chief Executive Officer          Andrew Chubb / Peter Stewart / Joe Weaving                                    
[phone]              [phone]                       
                                                                               
Vestor Investor Relations        finnCap Limited                            
Louise Brugman                   Joint Broker                               
[phone]              Elizabeth Johnson / Joanna Weaving         
[phone]                  [phone]                       
                                                                               
One Capital                      St James's Corporate Services Limited      
Liezl Gildenhuys                 Phil Dexter                                
[phone]              [phone]                       
                                                                               
                                 Gable Communications                       
                                 Justine James                                 
                                 [phone] / [phone]                                     


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