LONRHO PLC

14 APRIL 1998

THE BOARD OF LONRHO PLC ("LONRHO" OR THE "COMPANY") IS PLEASED TO ANNOUNCE
THAT, AT THE EXTRAORDINARY GENERAL MEETING HELD TODAY, SHAREHOLDERS PASSED
(I) THE ORDINARY RESOLUTION APPROVING THE ACQUISITION OF THE TAVISTOCK GROUP
FROM JCI LIMITED BY LONRHO'S COAL MINING SUBSIDIARY, DUIKER MINING LIMITED
("DUIKER"), AND (II) THE SPECIAL RESOLUTION APPROVING THE PURCHASE OF, AND
AUTHORISING THE COMPANY TO ENTER INTO THE AGREEMENT TO BUY BACK, 166,733,978
LONRHO SHARES FROM INVESTEC GROUP LIMITED. ACCORDINGLY, THE COMPANY WILL TODAY
BE ENTERING INTO THE BUY BACK AGREEMENT.

304,300,317 VOTES WERE CAST IN FAVOUR OF THE ORDINARY RESOLUTION AND 79,505,51
VOTES WERE CAST AGAINST THE ORDINARY RESOLUTION. ACCORDINGLY, THE ORDINARY
RESOLUTION WAS PASSED BY 79.29 PER CENT OF THE VOTES CAST AT THE MEETING.
304,591,703 VOTES WERE CAST IN FAVOUR OF THE SPECIAL RESOLUTION AND 79,209,575
VOTES WERE CAST AGAINST THE SPECIAL RESOLUTION. ACCORDINGLY, THE SPECIAL
RESOLUTION WAS PASSED BY 79.36 PER CENT OF THE VOTES CAST AT THE MEETING.
THE SHAREHOLDERS OF JCI LIMITED APPROVED THE DISPOSAL OF THE TAVISTOCK GROUP TO
DUIKER AND ALL RELATED TRANSACTIONS ON 8TH APRIL 1998.

SUBJECT TO THE APPROVAL OF THE ACQUISITION OF THE TAVISTOCK GROUP BY DUIKER
SHAREHOLDERS AT A GENERAL MEETING TO BE HELD ON 14TH APRIL 1998, COMPLETION OF
BOTH TRANSACTIONS IS EXPECTED TO TAKE PLACE ON 16TH APRIL 1998.