LONMIN PLC - Notification of major interest in shares

Notification of major interest in shares

Lonmin Plc 
(Incorporated in England and Wales)
(Registered in the Republic of South Africa under registration number 1969/000015/10)
JSE code: LON
Issuer Code: LOLMI & ISIN : GB00BYSRJ698 ("Lonmin")

4 January 2016


TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES


1. Identity of the issuer or the underlying
issuer of existing shares to which voting rights            LONMIN PLC
are attached:


2 Reason for the notification (please tick the appropriate box or boxes):


An acquisition or disposal of voting rights                                                      X

An acquisition or disposal of qualifying financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial
instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to the
notification obligation:                                    Kagiso Asset Management (Pty) Ltd

4. Full name of shareholder(s) (if different from 3.):


5. Date of the transaction and date on which                 17 December 2015
the threshold is crossed or reached:

6. Date on which issuer notified:                            29 December 2015

7. Threshold(s) that is/are crossed or reached:              Shareholding falling below 5% threshold



8. Notified details:
A: Voting rights attached to shares

Class/type of       Situation previous           Resulting situation after the triggering transaction
shares              to the triggering
                    transaction
if possible using
the ISIN CODE       Number         Number        Number      Number of voting         % of voting rights
                    of             of            of          rights
                    Shares         Voting        shares
                                   Rights        Direct      Direct    Indirect       Direct      Indirect

GB0031192486
                    32,758,986     32,758,986    0           0         0              0%          0%
Ordinary shares



B: Qualifying Financial Instruments
Resulting situation after the triggering transaction

Type of financial       Expiration     Exercise/                 Number of voting           % of voting
instrument              date           Conversion                rights that may be         rights
                                       Period                    acquired if the
                                                                 instrument is
                                                                 exercised/
                                                                 converted.




C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments
Resulting situation after the triggering transaction

Type of             Exercise      Expiration    Exercise/         Number of voting         % of voting
financial           price         date          Conversion        rights instrument        rights
instrument                                      period            refers to
                                                                                           Nominal       Delta




Total (A+B+C)

Number of voting rights                                   Percentage of voting rights

0                                                            0%


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
Proxy Voting:

10. Name of the proxy holder:                   Kagiso Asset Management (Pty) Ltd

11. Number of voting rights proxy holder will   32,758,986
cease to hold:

12. Date on which proxy holder will cease to    17 December 2015
hold voting rights:



13. Additional information:                     N/A



14. Contact name:                               John Morrison, Lonmin Plc


15. Contact telephone number:                   +44 20 7201 6044



Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd

END

Date: 04/01/2016 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.