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

    Pan African appoints Numis as Nomad and Joint Broker

    Pan African announces that Numis Securities Limited has been appointed as Nomad
    and Joint Broker to the Company with immediate effect.

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

    22 June 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

    Cobus Loots                Deon Louw                                         
                                                                                 
    Pan African Resources PLC  Pan African Resources PLC                         
                                                                                 
    Chief Executive Officer    Financial Director                                
                                                                                 
    Office: + 27 (0)11 243     Office: + 27 (0) 11 243 2900                      
    2900                                                                         
                                                                                 
    Phil Dexter                John Prior / Paul Gillam / James Black            
                                                                                 
    St James's Corporate       Numis Securities Limited                          
    Services Limited                                                             
                                                                                 
    Company Secretary          Nominated Adviser & Joint Broker                  
                                                                                 
    Office: + 44 (0)207 796    Office: +44 (0)207 260 1000                       
    8644                                                                         
                                                                                 
    Sholto Simpson             Matthew Armitt / Ross Allister                    
                                                                                 
    One Capital                Peel Hunt LLP                                     
                                                                                 
    JSE Sponsor                Joint Broker                                      
                                                                                 
    Office: + 27 (0)11 550     Office: +44 (0)020 7418 8900                      
    5009                                                                         
                                                                                 
    Julian Gwillim             Daniel Thöle                                      
                                                                                 
    Aprio Strategic            Bell Pottinger PR                                 
    Communications                                                               
                                                                                 
    Public & Investor          Public & Investor Relations UK                    
    Relations SA                                                                 
                                                                                 
    Office:+27 (0)11 880 0037  Office: +44 (0)203 772 2500                       

    www.panafricanresources.com