LONMIN PLC

11 NOVEMBER 1999

LONMIN PLC HAS TODAY ANNOUNCED 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 ORDINARY SHARES OF GBP1 EACH OF
THE COMPANY.

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 (IF ANY)
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
TOTAL INTEREST HELD BY MERCURY ASSET MANAGEMENT
LIMITED 23,924,224

REGISTERED HOLDER                      NO OF SHARES        BENEFICIAL

(IF KNOWN)                                                 INTERESTS

                                                           (YES/NO)

NUTRACO NOMINEES LIMITED               17,750,077          NO
(DESIGNATED & UNDESIGNATED)

MERCURY LIFE NOMINEES LIMITED          264,128             YES
A/C NONCERT

NORTRUST NOMINEES LIMITED              649,500             NO

CHASE NOMINEES LIMITED                 2,715,453           NO

OTHER NAMES                            2,545,066           NO
                             TOTAL     23,924,224
SCHEDULE 4

MERRILL LYNCH & CO, INC IS INTERESTED IN THE SHARES DISCLOSED IN SCHEDULE 3
ABOVE PLUS AN ADDITIONAL 8,459 SHARES TOTALLING 23,932,683 IN ALL.