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Fri 24 Apr 2009, 15:09 PAM - Palabora - Dividend Announcement
PAM
PAM                                                                             
PAM - Palabora - Dividend Announcement                                          
PALABORA MINING COMPANY LIMITED                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number 1956/002134/06)                                            
JSE code: PAM        ISIN: ZAE000005245                                         
("Palabora" or "the Company")                                                   
DIVIDEND ANNOUNCEMENT                                                           
Palabora shareholders are referred to the Company`s reviewed preliminary results
for the year ended 31 December 2008 wherein the board of Palabora ("the Board") 
declared its intention to consider dividend declarations on a quarterly basis.  
The Board considered the declaration of a dividend at a board meeting held      
yesterday and resolved to reconsider dividend payment during July 2009 in order 
to coincide with the release of the half year results. Therefore, no dividend   
was declared for the first quarter of 2009.                                     
Phalaborwa                                                                      
24 April 2009                                                                   
Sponsor:                                                                        
Barnard Jacobs Mellet Corporate Finance (Pty) Limited                           
Date: 24/04/2009 15:09:01 Produced by the JSE SENS Department.                  
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