LONMIN PLC

24 AUGUST 1999

LONMIN PLC HAS ANNOUNCED TODAY 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 20,545,989 ORDINARY SHARES OF
GBP1 EACH OF THE COMPANY (REPRESENTING 13.12 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 HO1DINGS 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         14,553,083                    NO
(DESIGNATED & UNDESIGNATED)

WIMCO NOMINEES LIMITED           165,000                       YES

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

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

CORPORATION OF LLOYDS            25,750                        NO

NORTRUST NOMINEES LIMITED        958,500                       NO

BANK OF NEW YORK (NOMINEES)      443,750                       NO
LIMITED

CHASE NOMINEES LIMITED           639,750                       NO

RBSTB NOMINEES LIMITED           363,500                       NO

VIDACOS NOININEES LIMITED        698,809                       NO

STATE STREET NOMINEES LIMITED    125,000                       NO

OTHER NAMES                      826,000                       NO
TOTAL                            20,942,770
SCHEDULE 4

MERRILL LYNCH & CO, INC IS INTERESTED IN THE 20,545,989 SHARES DISCLOSED IN
SCHEDULE 3 ABOVE PLUS AN ADDITIONAL 222,958 SHARES TOTALLING 20,768,947 IN ALL.
MERRILL LYNCH GROUP, INC IS INTERESTED IN THE 20,545,989 SHARES DISCLOSED IN
SCHEDULE 3 ABOVE PLUS AN ADDITIONAL 1,034 SHARES TOTALLING 20,547,023 IN ALL.