LONRHO PLC

THE BOARD IS PLEASED TO ANNOUNCE THAT SIR ALASTAIR MORTON WAS TODAY
APPOINTED A NON-EXECUTIVE DIRECTOR.

SIR ALASTAIR (60) HAS BEEN PRESIDENT D'HONNEUR OR HONORARY CHAIRMAN OF
EUROTUNNEL SINCE HIS RETIREMENT FROM THE COMPANY'S BOARD IN OCTOBER 1996. HE
WAS EXECUTIVE CO-CHAIRMAN FOR NEARLY 10 YEARS DURING THE FINANCING,
CONSTRUCTION AND START-UP OF THE CHANNEL TUNNEL.

HE IS A NON-EXECUTIVE DIRECTOR OF NATIONAL POWER PIC AND OF THE BROCKBANK GROUP
AT LLOYDS. HE IS ADVISER TO THE GROUP EXECUTIVE BOARD (VORSTAND) OF ABB
DAIMLER-BENZ TRANSPORTATION (ADTRANZ) AND TO THE VICE CHANCELLOR OF THE
UNIVERSITY OF CAMBRIDGE.

SIR ALASTAIR WAS BORN IN SOUTH AFRICA AND WENT TO SCHOOL AND UNIVERSITY IN
JOHANNESBURG PRIOR TO OXFORD. HE BEGAN HIS BUSINESS CAREER WITH FOUR YEARS IN
THE MINING INDUSTRY IN CENTRAL AND SOUTHERN AFRICA.

THE BOARD BELIEVES THAT SIR ALASTAIR'S EXPERIENCE WILL BE ESPECIALLY VALUABLE
AS LONRHO ENTERS THE PHASE OF BECOMING A FOCUSED AND STRONG MINING COMPANY.
PRESS ENQUIRIES;

ANTHONY CARDEW           CARDEW & CO.    0171 930 0777
12 MARCH 1998