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Wed 28 Apr 2010, 15:14 PAM - Palabora Mining Company Limited - Further cautionary announcement
PAM
PAM                                                                             
PAM - Palabora Mining Company Limited - Further cautionary announcement         
Palabora Mining Company Limited                                                 
(Incorporated in the Republic of South Africa)                                  
Registration number  1956/002134/06                                             
JSE Code: PAM  ISIN: ZAE000005245                                               
("the Company")                                                                 
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
Further to the cautionary announcements dated 15 December 2009, 26 January 2010 
and 9 March 2010, shareholders are advised that the negotiations regarding a    
potential broad-based Black Economic Empowerment transaction involving all or an
appropriate part of the Company`s business are still in progress which, if      
successfully concluded, may have a material effect on the price of the Company`s
shares.                                                                         
Accordingly, shareholders are advised to continue exercising caution when       
dealing in the Company`s shares until such time as a full announcement is       
published.                                                                      
By order of the Board                                                           
Phalaborwa                                                                      
28 April 2010                                                                   
Corporate         Transaction Co-Sponsor           Legal Advisor                
Advisor           Advisors                                                      
Bravura Equity    Rothschild     Barnard Jacobs    Webber Wentzel               
Services Limited                 Mellet                                         
Corporate                                       
                                Finance (Pty)                                   
                                Limited                                         
Date: 28/04/2010 15:14:03 Produced by the JSE SENS Department.                  
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