Lonmin Plc - Dividend Exchange Rate

Lonmin Plc - Dividend Exchange Rate                                             
Lonmin Plc                                                                      
("Lonmin")                                                                      
(Incorporated in England)                                                       
(Registered in the Republic of South Africa under registration number           
1969/000015/10)                                                                 
ISIN code: GB0031192486                                                         
Share code: LON                                                                 
Issuer code: LOLMI                                                              
Dividend Exchange Rate                                                          
Further to the announcement to shareholders published on 29 May 2003 in which   
shareholders were informed that the exchange rate to be used to determine the   
Rand equivalent of the interim dividend for the year ending 30 September 2003   
payable on 15 August 2003 would be calculated on 4 July 2003, shareholders are  
hereby advised that the exchange rate to be used will be US$1 = R 7.545. This   
has been calculated as the average of the bid/ask spread as at 14h00(South      
African time) on 4 July 2003.                                                   
Consequently, the Rand value of the cash entitlement of 30 US cents per share   
will be 226.35c per share.                                                      
4 July 2003                                                                     
Sponsor                                                                         
Cazenove                                                                        
Date: 04/07/2003 02:23:29 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department