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

NOTIFICATION IN TERMS OF AIM RULES

Thabo Mosololi, a non-executive director of Pan African, has informed the
Company that Evraz Highveld Steel and Vanadium Limited, a company of which Mr
Mosololi is also a director, has commenced voluntary business rescue
proceedings in terms of section 129 of the South African Companies Act 2008.
This notification is made in accordance with Rule 17 of the AIM Rules for
Companies.

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

20 April 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 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: +44 (0)207 523 8000

Sholto Simpson                                       Matthew Armitt / Ross Allister
One Capital                                          Peel Hunt LLP
JSE Sponsor                                          Joint Broker
Office: + 27 (0)11 550 5009                          Office: +44 (0)020 7418 8900

Julian Gwillim                                       Daniel Thöle
Aprio Strategic Communications                       Bell Pottinger PR
Public & Investor Relations SA                       Public & Investor Relations UK
Office: +27 (0)11 880 0037                           Office: + 44 (0)203 772 2500



www.panafricanresources.com