LONMIN PLC

LONMIN PLC

LONMIN PLC HAS TODAY BEEN NOTIFIED BY MERCURY ASSET MANAGEMENT LIMITED (MAM) OF
33 KING WILLIAM STREET, LONDON EC4R 9AS IN ACCORDANCE WITH SECTIONS 198-202 (AS
AMENDED) OF THE COMPANIES ACT 1985 THAT THERE HAS BEEN A CHANGE OF

CIRCUMSTANCES AFFECTING THE INTERESTS WHICH MAM DISCLOSED TO THE COMPANY ON 10
NOVEMBER 1999 AND THAT MAM NOW HAS A DISCLOSABLE INTEREST IN 22,259,576
ORDINARY SHARES OF GBP1 EACH OF THE COMPANY (REPRESENTING 13.90 PER CENT OF THE
ISSUED SHARE CAPITAL) AS DETAILED BELOW. SAVE WHERE SPECIFICALLY IDENTIFIED TO
THE CONTRARY SUCH INTERESTS ARISE BY REASON OF DISCRETIONARY INVESTMENT
MANAGEMENT ARRANGEMENTS ENTERED INTO BY MAM OR BY ITS AFFILIATES IN THE MERCURY
ASSET MANAGEMENT GROUP. EACH SUCH AFFILIATE IS INTERESTED IN THE RELEVANT SHARE
CAPITAL TO THE EXTENT SET OUT BELOW AND WHERE APPLICABLE THE NOTIFICATION
CONSTITUTES DISCLOSURE ON BEHALF OF SUCH AFFILIATES.

REGISTERED HOLDER                  NO OF SHARES               BENEFICIAL
(IF KNOWN)                                                    INTERESTS
                                                              (YES/NO)
NUTRACO NOMINEES LIMITED           16,049,790                 NO
(DESIGNATED & UNDESIGNATED)

MERCURY LIFE NOMINEES LIMITED      206,128                    YES
A/C NONCERT

NORTRUST NOMINEES LIMITED          1,367,462                  NO
(DESIGNATED & UNDESIGNATED)

CHASE NOMINEES LIMITED             2,798,453                  NO
(DESIGNATED & UNDESIGNATED)

BRITISH ENERGY TRUSTEES LIMITED    367,346                    NO

BANK OF NEW YORK NOMINEES          579,816                    NO
LIMITED (DESIGNATED &
UNDESIGNATED)

OTHER NAME(S)                      890,581                    NO

                                   TOTAL 22,259,576