LONRHO - NEW RELEASE

24 FEBRUARY 1999
LONRHO AFRICA PLC

THE BOARD OF LONRHO AFRICA PLC ("LONRHO AFRICA") WAS NOTIFIED ON 22 FEBRUARY
1999 BY VICUNA ADVISORS LLC THAT:

"VICUNA ADVISORS LLC, THE DISCRETIONARY INVESTMENT MANAGER ACTING ON BEHALF OF
VICUNA CAPITAL LLP AND WNP INVESTMENT PARTNERSHIP LP, HAS ACQUIRED 5,210,000 OF
THE COMPANY'S LIMITED VOTING ORDINARY SHARES OVER THE PERIOD OF JULY 17, 1998
TO FEBRUARY 18, 1999. THIS REPRESENTS 3.31% OF THE OUTSTANDING SHARES. THE
SHARES ARE HELD IN AN ACCOUNT AT OUR CUSTODIAN, CITIBANK LONDON, 336 STRAND,
LONDON WC2R 2HB.

ACCORDINGLY, PURSUANT TO SECTION 198 OF THE COMPANIES ACT OF 1985 (THE ACT) WE
HEREBY GIVE YOU NOTICE THAT:

1. THIS NOTIFICATION RELATES TO, AND THE EXPRESSION SHARE CAPITAL USED BELOW
MEANS, THE LIMITED VOTING ORDINARY SHARE CAPITAL OF LONRHO AFRICA PLC.
2. THE NUMBER OF SHARES COMPRISED IN THE SHARE CAPITAL IN WHICH WE KNOW WE WERE
INTERESTED (FOR THE PURPOSES OF SECTIONS 208 AND 209 OF THE ACT) IMMEDIATELY
AFTER THE TIME WHEN OUR OBLIGATION TO MAKE THIS NOTIFICATION AROSE IS 5,210,000
3. THE IDENTITY OF THE REGISTERED HOLDER OF THE SHARES TO WHICH THIS

NOTIFICATION RESULTS, AND THE NUMBER OF SHARES HELD BY SUCH HOLDER, ARE, SO FAR
AS KNOWN TO US AT THE DATE OF THIS NOTIFICATION, AS FOLLOWS:

NAME                                NUMBER OF SHARES
VIDACOS NOMINEES LIMITED            5,210,000

4. SO FAR AS KNOWN TO US AT THE DATE OF THIS NOTIFICATION, OUR INTEREST IN THE
SHARES TO WHICH THIS NOTIFICATION RELATES IS NOT SUCH AN INTEREST AS IS
MENTIONED IN SECTION 208(5) OF THE ACT."
 ENDS