LONMIN PLC

9 AUGUST 1999

LONMIN PLC HAS PREVIOUSLY ANNOUNCED THE NOTIFICATION TO IT TODAY IN ACCORDANCE
WITH SECTIONS 198-202 (AS AMENDED) OF THE COMPANIES ACT 1985 THAT MERCURY ASSET
MANAGEMENT LIMITED ("MAM") HAS A DISCLOSABLE INTEREST IN 16,308,990 ORDINARY
SHARES OF GBP1 EACH OF THE COMPANY (REPRESENTING 10.22 PER CENT OF THE ISSUED
SHARE CAPITAL) AS DETAILED IN SCHEDULE 3 BELOW.

MERRILL LYNCH & CO, INC HAS TODAY NOTIFIED THE COMPANY THAT BY REASON OF THE
PROVISIONS OF SECTION 203 OF THE COMPANIES ACT 1985 :

A) THE COMPANIES IN SCHEDULE 1 BELOW (BEING CERTAIN HOLDING COMPANIES OF MAM)
HAVE THE INTERESTS IN THE RELEVANT SHARE CAPITAL OF LONMIN PLC DISCLOSED IN
SCHEDULE 3 BELOW.

B) THE COMPANIES IN SCHEDULE 2 BELOW, WHICH ARE HOLDING COMPANIES OF MAM AND OF
CERTAIN OTHER COMPANIES, HAVE THE INTERESTS IN THE RELEVANT SHARE CAPITAL OF
LONMIN PLC DISCLOSED IN SCHEDULE 3 BELOW AND THE ADDITIONAL INTERESTS DISCLOSED
IN SCHEDULE 4 BELOW.
SCHEDULE 1
NAME                         ADDRESS

MERCURY ASSET MANAGEMENT     33 KING WILLIAM STREET,
 GROUP LIMITED               LONDON EC4R 9AS
ML INVEST PLC                25 ROPEMAKER STREET,
                             LONDON EC2Y 9LY
ML INVEST HOLDINGS LIMITED   25 ROPEMAKER STREET,
                             LONDON EC2Y 9LY

ML INVEST, INC               WORLD FINANCIAL CENTER
                             NORTH TOWER
                             250 VESEY STREET
                             NEW YORK
                             NY 10281-1332
SCHEDULE 2

MERRILL LYNCH GROUP, INC     WORLD FINANCIAL CENTER
                             NORTH TOWER
                             250 VESEY STREET
                             NEW YORK
                             NY 10281-1332

MERRILL LYNCH & CO, INC      WORLD FINANCIAL CENTER
                             NORTH TOWER
                             250 VESEY STREET
                             NEW YORK
                             NY 10281-1332
SCHEDULE 3

REGISTERED HOLDER                NO OF SHARES         BENEFICIAL

(IF KNOWN)                                            INTERESTS

                                                      (YES/NO)

NUTRACO NOMINEES LIMITED         10,575,553           NO
(DESIGNATED & UNDESIGNATED)

WIMCO NOMINEES LIMITED           165,000              YES

MERCURY LIFE NOMINEES LIMITED    241,628              YES
A/C LOGICA

BARCLAYS NOMINEES (LOMBARD       1,897,000            NO
STREET) LIMITED

NORTRUST NOMINEES LIMITED        896,000              NO

BANK OF NEW YORK (NOMINEES)      350,000              NO
LIMITED

CHASE NOMINEES LIMITED           325,000              NO

RBSTB NOMINEES LIMITED           334,000              NO

VIDACOS NOMINEES LIMITED         698,809              NO

OTHER NAMES                      826,000              NO
                          TOTAL  16,308,990
SCHEDULE 4

MERRILL LYNCH & CO, INC IS INTERESTED IN THE 16,308,990 SHARES DISCLOSED IN
SCHEDULE 3 ABOVE PLUS AN ADDITIONAL 299,900 SHARES TOTALLING 16,608,890 IN ALL.
MERRILL LYNCH GROUP, INC IS INTERESTED IN THE 16,308,990 SHARES DISCLOSED IN
SCHEDULE 3 ABOVE PLUS AN ADDITIONAL 1,034 SHARES TOTALLING 16,310,024 IN ALL.