PAN: Report on Change in Ownership by Major Shareholders

Tael Two Partners Ltd, a major shareholder of PAN Pacific Corporation, reports the change in the ownership as follows:

1)     Institutional investor: Tael Two Partners Ltd

2)     Name of shares/fund certificates/securities codes owned: PAN

3)     Number, ratio of shares/fund certificates held before trading: 12,109,500 shares (14.56%)

4)     Number of shares/fund certificates (which results in a change to the ownership ratio): purchased: 4,519,250 shares

5)     Number, ratio of shares/fund certificates held after trading: 16,628,750 shares (20.00%)

6)     Number, ratio of shares/fund certificates currently held by related person:

7)     Number, ratio of shares/fund certificates held by the same related person after trading: 16,628,750 shares (20.00%)

8)     Date of change of ownership: March 16, 2015

HOSE

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