Annual Report and Accounts

Regulatory Announcement Company Pan African Resources PLC TIDM PAF Headline Posting of Annual Report and Notice of Annual General Meeting Released 28 November 2008 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 Posting of Annual Report and Notice of Annual General Meeting Pan African will post its annual report for the year ended 30 June 2008 to shareholders today. The annual report contains no modifications to the audited results which were announced on 19 August 2008, and accordingly the Company is not publishing an abridged report. The annual financial statements were audited by Deloitte and Touche LLP. Their report is available for inspection at the Company's registered office - 6 St James's Place, London SW1A 1NP. Notice is hereby given that Pan African's Annual General Meeting will be held at the offices of Fasken Martineau LLP, Fourth Floor, 17 Hanover Square, London on 22 December 2008 at 12.00pm (GMT) to transact business as stated in the notice of the annual general meeting circulated together with the annual report. ENDS For further information on Pan African Resources PLC, please visit the website at www.panafricanresources.com Enquiries: Pan African RBC Capital Markets Macquarie First St James's Resources South Corporate Corporate Services Finance (Pty) Limited Limited Jan Nelson, CEO Andrew Smith Thato Morojele Phil Dexter +27 (0) 11 777 7840 +44 (0) 20 7029 7882 +27 (0) 11 343 2379 +44 (0) 20 7499 3916 Keith Spencer, Martin Eales Annerie Britz FDBeachhead Media & Chairman +44 (0) 20 7029 7881 +27 (0) 11 343 2328 Investor Relations +27 (0) 11 880 3155 Jennifer Cohen Nicole Spruijt +27 (0) 11 214 2401 Public Relations +27 (0) 11 777 7840 Louise Brugman +27 (0) 11 214 2415