Lonmin Plc - Statement On Platinum Production Target, Sale Of Surface And

Lonmin Plc - Statement On Platinum Production Target, Sale Of Surface And       
Mineral Rights And Date Of Announcement Of Interim Results                      
LONMIN PLC                                                                      
GB0031192486                                                                    
28 MARCH 2003                                                                   
STATEMENT ON PLATINUM PRODUCTION TARGET, SALE OF SURFACE AND MINERAL RIGHTS AND 
DATE OF ANNOUNCEMENT OF INTERIM RESULTS                                         
At pre-closed period meetings in Johannesburg today and in London on 31st March,
Lonmin"s Chief Executive Edward Haslam will inform industry analysts that       
recovery from the smelter incident has been better than expected and that the   
Company will exceed the half year platinum production target announced shortly  
after the smelter incident.                                                     
Mr Haslam will also say that Lonmin has concerns with the South African         
Government"s recent proposal to levy a 4% royalty charge on turnover and that he
looked forward to a constructive dialogue with the Authorities during the       
proposed consultation period.                                                   
Lonmin Plc will also announce the sale to Salplats (Pty) Limited of its surface 
and mineral rights to the Brakspruit 299 JQ Farm for a cash consideration of    
R205 million.  Lonmin has reserved the right to mine for its own account the    
opencast reef at Brakspruit to a depth of 40 metres below the surface.          
Lonmin Plc will announce interim results for the half-year ended 31st March 2003
on the 29th May 2003.                                                           
Enquiries:                                                                      
John Robinson - Lonmin Plc +27 11 516 1314                                      
Anthony Cardew/Jackie Range - CardewChancery +44 207 930 0777                   
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