LONMIN PLC - ANNOUNCEMENT

GB0031192486
LONMIN PLC
25 March 2002

Lonmin  Plc has today been notified by Threadneedle Asset Management Limited
that  Zurich  Financial Services and its Group has a notifiable interest  in
5,631,150  ordinary  shares of US$1 each of the Company in  accordance  with
Sections 198 (as amended) of the Companies Act 1985:
Notifiable Interest:

Registered Owner                Designated  Number of

                                Account     Shares

Littledown Nominees Limited     21688             312,551

                                03449             555,671

                                02891           2,780,400

                                07198              88,819

                                11121              17,640

                                07201             197,856

                                23525             129,819

                                23526              76,968

                                07207             387,051

                                07199              24,374

                                09890              72,790

                                02642             204,120

                                07205             564,319

BNY (OCS) Nominees Limited      219064            175,224

                                219061             24,201

                                219081              6,955

                                219078              4,002

                                219077              8,390

TOTAL                                           5,631,150

Current ownership percentage                        3.99%

Littledown Nominees Ltd is a nominee for the ZFS Group subsidiaries:  Allied
Dunbar  Assurance  plc, Zurich Financial Services UK  (AD)  Pension  Scheme;
Eagle  Star  Insurance Company Ltd; Eagle Star Life Assurance  Company  Ltd;
Zurich  Financial  Services UK Pension Trustee Ltd;  Eagle  Star  Executives
Pension  Trustee Ltd; Eagle Star Securities Ltd; Sceptre Trust Ltd;  Home  &
Overseas  Insurance Company Ltd; Threadneedle Pensions Ltd; and J.P.  Morgan
Trustee and Depositary Company Ltd, the Trustee for Eagle Star Unit Managers
Ltd and the Depository to Threadneedle Investment Funds ICVC.

BNY  (OCS) Nominees Ltd is a nominee for the ZFS Group subsidiaries:  Zurich
Insurance  Company (UK) Ltd, Zurich Life Assurance Company  Ltd  and  Zurich
International (UK) Ltd.

ZFS is Zurich Financial Services, a company incorporated in Switzerland.
This notification is made on behalf of:
Allied Dunbar Assurance plc.

Eagle  Star  Group  Services Limited; Eagle Star Insurance Company  Limited;
Eagle  Star  Life  Assurance Company Limited, Zurich Financial  Services  UK
Pension  Trustee Limited; Eagle Star Executives Pension Trustee Limited  and
Eagle Star Holdings Limited.

Threadneedle  Asset  Management Limited, Threadneedle Pensions  Limited  and
Threadneedle Asset Management Holdings Limited.

Geneva  Life  Insurance Company, Zurich International (UK)  Limited,  Zurich
Life  Insurance  Company, Assuricum AG, Zurich Specialties  London  Limited,
Zurich  Holdings (UK) Limited, Zurich Life Assurance Company Limited, Zurich
Insurance Company (UK) Limited and Zurich Insurance Company.

Allied Zurich Holdings Limited, Zurich Scudder Investments Inc, ZKI Holdings
Corporation,  Zurich  Financial  Services  (UKISA)  Limited,  Zurich   Group
Holding, Zurich Holding Company of America Inc, Zurich Insurance Company and
Allied  Zurich plc, the intermediate holding companies of the aforementioned
companies and Zurich Financial Services their ultimate holding company.
The  shares  could be available for lending and this could lead to  a  short
term re-registration.
End