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Fri 7 Sep 2007, 15:30 PAF - Pan African Resources plc - Holding in Compa
PAN
 PAN                                                                             
PAF - Pan African Resources plc - Holding in Company                            
Pan African Resources plc                                                       
(Incorporated and registered in England and Wales under Companies Act 1985 with 
registration number 3937466 on 25 February 2000)                                
Share code on AIM:  PAF       ISIN:  GB0004300496                               
Share code on JSE:  PAN                                                         
("Pan African" or the "Company")                                                
Holding in Company                                                              
The Company received notification on 6 September 2007 of a change in the        
notifiable interest of Pangea Exploration (Proprietary) Limited ("Pangea") in   
the ordinary shares of 1p each in the Company ("Shares").                       
On 5 September 2007, Pangea placed 20,000,000 shares at a price of 7.25p per    
share to an institutional shareholder in order to finance the tax liability     
arising on the 66,000,000 shares issued to Pangea.   As a result of this, Pangea
now retains 46,000,000 shares representing 4.29% of the issued share capital.   
For further information please contact:                                         
For further information on Pan African Resources plc, please visit the website  
at www.panafricanresources.com                                                  
Enquiries:                                                                      
Pan African Resources                                                           
Jan Nelson, CEO                                                                 
+27 (0) 11 777 7840                                                             
Nathan Steinberg                                                                
+44 (0) 20 7845 7500                                                            
Nicole Stoyell, PR                                                              
+27 (0) 11 777 7840                                                             
Ambrian Partners Limited                                                        
Richard Brown                                                                   
+44 (0) 20 7776 6417                                                            
Richard Greenfield                                                              
+44 (0) 20 7776 6418                                                            
Macquarie First South Corporate Finance (Pty) Limited                           
Amanda Markman                                                                  
+27 (0) 11 343 2307                                                             
Done Hattingh                                                                   
+27 (0) 11 343 2308                                                             
Parkgreen Communications                                                        
Justine Howarth                                                                 
+44 (0) 207 851 7480                                                            
London, United Kingdom                                                          
7 September 2007                                                                
Sponsor in South Africa                                                         
Macquarie First South Corporate Finance (Pty) Ltd                               
Date: 07/09/2007 15:30:01 Produced by the JSE SENS Department.                  
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