Lonmin Plc - Completion Of The Capital Reduction And Redenomination And

Listing Of New Ordinary Shares
Lonmin Plc
("Lonmin")
(Incorporated in England)

(Registered in the Republic of South Africa under registration number
1969/000015/10)
ISIN code: GB0002568144
Share code: LON
Issuer code: LOLMI
25 February 2002

COMPLETION OF THE CAPITAL REDUCTION AND REDENOMINATION AND LISTING OF NEW
ORDINARY SHARES

Court approval for Lonmin's capital reduction and redenomination was granted
on  Wednesday, 20 February 2002 and the capital reduction and redenomination
became effective on 22 February 2002 following fulfilment of all the related
conditions.

Application  has  been made to the UK Listing Authority for 141,111,705  new
ordinary  shares of US$1 each (the "New Ordinary Shares") to be admitted  to
the  Official  List and to the London Stock Exchange for  the  New  Ordinary
Shares  to be admitted to trading. The Company expects that dealings in  the
New Ordinary Shares will commence at 8.00 a.m. today.

Application has also been made for the New Ordinary Shares to be  listed  on
the JSE Securities Exchange South Africa and it is expected that trading  in
the  New  Ordinary  Shares  will commence at 9.00 a.m.  (Johannesburg  time)
today.
Enquiries
Lonmin - John Robinson, +44 20 7201 6000

Cazenove & Co. Ltd - Michael Wentworth-Stanley, +44 20 7588 2828

Cazenove South Africa - Robyn Kruger, +27 11 280 7900
Cardew & Co. - Anthony Cardew, +44 20 7930 0777