LAF - Lonrho - Noble Energy To Establish New Logistics Base At Lonrho`s Luba

LAF - Lonrho - Noble Energy To Establish New Logistics Base At Lonrho`s Luba    
Freeport                                                                        
LONRHO PLC                                                                      
(Formerly Lonrho Africa Plc)                                                    
(Incorporated and registered in England and Wales)                              
(Registration number 2805337)                                                   
(Share code: LAF; ISIN number: GB0002568813)                                    
("Lonrho" or "the Company")                                                     
Noble Energy to establish new logistics base at Lonrho`s Luba Freeport          
27th October 2009                                                               
Lonrho Plc (AIM: LONR) is pleased to announce that Noble Energy EG Ltd, ("Noble 
Energy"), a wholly owned subsidiary of Noble Energy, Inc., and Luba Freeport Ltd
("Luba Freeport"), a Lonrho subsidiary, have agreed to establish a logistics    
facility for Noble Energy at Luba Freeport in Equatorial Guinea.                
This facility will provide a new West African base for Noble Energy and         
underlines both the continued growing importance of Equatorial Guinea in the oil
and gas sector in the region and Luba Freeport as the central logistics service 
port for the West African oil and gas industry.                                 
It is hoped that the new Noble Energy facility will develop to become one of    
Luba`s foremost clients and the initial phase of development will be 14,823m2 to
establish operations and begin work and will include warehousing and office     
space as well as open storage areas and chemical bunds. Noble Energy anticipates
commencing operations by the end of 2009.                                       
Noble Energy is one of the world`s largest independent oil & gas exploration    
companies and its subsidiary`s new facility at Luba Freeport will support Noble 
Energy`s expanding operations in the Republic of Equatorial Guinea.             
Luba Freeport benefits from naturally occurring deep water conditions able to   
handle both oil field supply vessels and ocean-going ships.  Luba has some 350  
metres of usable quay and existing clients at Luba include: Amerada Hess,       
ExonMobil, Baker Hughes, Marathon, LOTEG, Schlumberger, Nalco, SBM, Dickerman   
and MI Swaco.                                                                   
David Lenigas, Lonrho`s Executive Chairman commented:                           
"We are pleased to have attracted Noble Energy as a further significant client  
to Luba Freeport. This agreement is testament to the strategic location and     
quality of operations at Luba Freeport and the importance of Equatorial Guinea. 
Noble Energy`s arrival continues the growth of Luba Freeport into a major       
regional hub for the oil and gas industry for the Gulf of Guinea."              
Enquiries                                                                       
Lonrho Plc                            -                                         
David Lenigas, Executive Chairman     +44 (0)20 7016 5105                       
Geoffrey White, Chief Executive       +44 (0)20 7016 5105                       
Officer                                                                         
David Armstrong, Finance Director     +44 (0)20 7016 5105                       


                                                                                
Pelham PR                                                                       
Charles Vivian                        +44 (0) 20 7337 1538                      
+44 (0) 7977 297903                        

James MacFarlane                      +44 (0) 20 7337 1527                      
                                     +44 (0) 7841 672831                        
                                                                                
Beaumont Cornish Limited  (Nomad)                                               
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Roland Cornish                        +44 (0) 20 7628 3396                      
South African Sponsor                                                           
Java Capital (Proprietary) Limited                                              
Date: 27/10/2009 15:31:02 Supplied by www.sharenet.co.za                     
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