LONMIN PLC

18 SEPTEMBER 2000

LONMIN PLC WAS NOTIFIED ON 15 SEPTEMBER 2000 BY MERRILL LYNCH & CO THAT BY
REASON OF THE PROVISIONS OF SECTION 203 OF THE COMPANIES ACT 1985, IT HAS, WITH
EFFECT FROM 13 SEPTEMBER 2000, A DISCLOSABLE INTEREST IN 17,844,781 ORDINARY
SHARES OF GBP1 EACH OF THE COMPANY (REPRESENTING 10.03 PER CENT OF THE CURRENT
ISSUED SHARE CAPITAL) :

A)  THE COMPANIES IN SCHEDULE 1 BELOW (BEING CERTAIN HOLDINGS COMPANIES OF
MERCURY ASSET MANAGEMENT ("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.
SCHEDULE 1

NAME                                        ADDRESS

MERCURY ASSET                               33 KING WILLIAM STREET,

MANAGEMENT GROUP LIMITED                    LONDON EC4R 9AS

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  12,445,342         NO
(DESIGNATED & UNDESIGNED)
MERCURY LIFE NOMINEES
LIMITED                    206,128            YES
A/C NONCERT
OTHER NAME (S)             5,193,311          NO
       TOTAL               17,844,781
LONMIN PLC
18 SEPTEMBER 2000

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 20
JULY 2000 AND THAT MAM NOW HAS DISCLOSABLE INTEREST IN 17,844,781 ORDINARY
SHARES OF GBP1 EACH OF THE COMPANY (REPRESENTING 10.03 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         12,445,342            NO
(DESIGNATED & UNDESIGNATED)

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

OTHER NAME (S)                   5,193,311             NO
 TOTAL                           17,844,781
END