Placing of Shares – 15/07/2010

Pan Pacific Aggregates plc

(“PPA” or the “Company”)

Placing of Shares

 Pan Pacific Aggregates plc (AIM: PPA), an operator of quarries in British Columbia, today announces that on 14 July 2010 the Company issued and allotted 750,000,000 new ordinary shares of 0.1 pence each (“New Ordinary Shares”) (representing approximately 46 per cent. of the current issued share capital of the Company) at a price of 0.2 pence per share, to raise £1,500,000 (before expenses) (the “Placing”). 

The net placing proceeds will put the Company in a strong position to continue to pursue its strategy in and around the Fraser Valley, British Columbia by developing a robust local position, both organically and through acquisition.

New Ordinary Shares were subscribed for by Euan McAlpine a Director of the Company, and his discloseable interests are as set out below: 

Application has been made for the New Ordinary Shares to be admitted to trading on AIM (“Admission”). It is expected that Admission of the New Ordinary Shares will occur on 21 July 2010. As a result of the Placing, the Company will have 2,373,981,242 ordinary shares in issue.

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