REG-Pan African Resources PLC: Appointment of Financial Director <Origin Href="QuoteRef">PAFR.L</Origin> <Origin Href="QuoteRef">PANJ.J</Origin>

Pan African ResourcesAnnouncement

20/02/2015 08:04

Pan African Resources PLC                           

                ("Pan African" or "the Company" or "the Group")                

(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                               

APPOINTMENT OF NEW FINANCIAL DIRECTOR ("FD")

Pan African wishes to advise shareholders it will appoint Deon Louw (52) as FD
of the Company, to replace Cobus Loots who, as previously announced, will
become CEO. Both appointments will take effect from 1 March 2015.

Mr. Gideon Petrus Louw is a South African qualified chartered accountant and a
CFA® charterholder. He also holds a Higher Diploma in Tax Law. Most recently
Mr. Louw was the FD of the JSE-listed mining services group Sentula Mining
Limited, a position he held from 2007 to 2014. He was also previously the head
of structured resource finance at Investec Bank Limited.

Keith Spencer, Chairman of Pan African, commented: "The Board welcomes Deon and
we wish him well in his new role. We are confident that his extensive
experience in the South African mining sector will add value to the Pan African
business". 

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

20 February 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

Ron Holding                                 Cobus Loots                        
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



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