LONMIN PLC

19 AUGUST 1999

LONMIN PLC HAS PREVIOUSLY ANNOUNCED ON 17 AUGUST 1999 THE NOTIFICATION IN
ACCORDANCE WITH SECTIONS 198-202 (AS AMENDED) OF THE COMPANIES ACT 1985 THAT
MERCURY ASSET MANAGEMENT LIMITED ("MAM") HAS A DISCLOSABLE INTEREST IN
19,445,989 ORDINARY SHARES OF GBP1 EACH OF THE COMPANY (REPRESENTING 12,19 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           13,187,052              NO
(DESIGNATED & UNDESIGNATED)

WIMCO NOMINEES LIMITED             165,000                 YES

MERCURY LIFE NOMINEES LIMITED      246,628                 YES
A/C LOGICA

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

NORTRUST NOMINEES LIMITED          958,000                 NO

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

CHASE NOMINEES LIMITED             606,500                 NO

RBSTB NOMINEES LIMITED             363,500                 NO

VIDACOS NOMINEES LIMITED           698,809                 NO

OTHER NAMES                        973,000                 NO
TOTAL                              19,445,989
SCHEDULE 4

MERRILL LYNCH & CO, INC IS INTERESTED IN THE 19,445,989 SHARES DISCLOSED IN
SCHEDULE 3 ABOVE PLUS AN ADDITIONAL 161,511 SHARES TOTALLING 19,607,500 IN ALL.
MERRILL LYNCH GROUP, INC IS INTERESTED IN THE 19,445,989 SHARES DISCLOSED IN
SCHEDULE 3 ABOVE PLUS AN ADDITIONAL 1,034 SHARES TOTALLING 19,447,023 IN ALL.
END