Pan African Resources Share News (PAF)

LONDON (Dow Jones)--Pan African Resources PLC (PAF.LN) said Monday that earnings per share for the financial year ending June 30, denominated in GBP, is expected to be between 148% and 158% higher than those for the previous corresponding period (2009: 0.4 pence per share). MAIN FACTS: -Earnings per share, calculated in South African Rand using the average ZAR:GBP exchange rate of ZAR:GBP 12.01: 1 that has prevailed year to date during the current financial year (2009 average exchange rate of ZAR:GBP 14.39: 1), is expected to be between 106% and 116% higher than those for the previous corresponding period (2009: 5.74 cents per share). -Headline earnings per share for the financial year ending June 30, denominated in GBP, is expected to be between 16% and 26% higher than those for the previous corresponding period (2009: 0.85 pence per share). -Headline earnings calculated in ZAR is not expected to differ by more than 10% from those for the financial year ending June 30, 2009 (2009: 12.28 cents per share). -Shares closed Friday at 6.1 pence. -By Iain Packham, Dow Jones Newswires; 44-20-7842-9269; iain.packham@dowjones.com (END) Dow Jones Newswires June 28, 2010 02:33 ET (06:33 GMT)