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
AIM: PAF/JSE: PAN
ISIN: GB0004300496
RESPONSE TO MEDIA REPORTS REGARDING PAN AFRICAN'S PARTICIPATION IN THE NAVACHAB
MINE DISPOSAL PROCESS
Pan African shareholders ("Shareholders") are advised that certain reports have
been published in the media regarding Pan African's participation in the
disposal process by AngloGold Ashanti Limited of its Navachab mine. There can
be no certainty that such participation will result in any transaction relating
to Navachab.
In light of the above, Shareholders are advised that Pan African is not at a
stage in any negotiations for any asset or venture which would necessitate
exercising caution when trading in the Company's securities. Announcements in
this regard will be published if appropriate.
Rosebank
18 October 2013
Sponsor: One Capital
Enquiries
South Africa UK
Pan African Resources Canaccord Genuity Limited - Nomad and Joint Broker
Mr Ron Holding Andrew Chubb / Peter Stewart / Joe Weaving
Chief Executive Officer +44 (0) 20 7523 8350
+27 (0) 11 243 2900
Mr Cobus Loots
Finance Director
+27 (0) 11 305 8900
One Capital finnCap Limited - Joint Broker
Sholto Simpson / Liezl Gildenhuys Elizabeth Johnson / Joanna Weaving
+27 (0) 11 550 5000 +44 (0) 20 7220 0500
Vestor Investor Relations St James's Corporate Services Limited
Louise Brugman Phil Dexter
+27 (0) 11 787 3015 +44 (0) 20 7796 8647
+27 83 504 1186
Gable Communications
Justine James
+44 (0) 20 7193 7463 / +44 (0) 7525 324431
For further information on Pan African, please visit the website at
www.panafricanresources.com