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Lonmin - Management Changes

Release Date: 25/11/2004 09:02
Code(s): LON
Wrap Text

Lonmin - Management Changes 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 25 November 2004 Management Changes Lonmin Plc announced today that Peter Ledger had informed the Group of his intention to retire as President of its Platinum Group and that he will not be seeking re-election to the Board at the Annual General Meeting next January. Lonmin"s Chief Executive Brad Mills said: "Peter has delivered excellent operating results over the last 17 years with Lonmin and he has our gratitude and best wishes. He has decided to take a sabbatical from next March after which he may rejoin Lonmin in a new role." Other organisational changes below Board level are that Stompie Shiels will be taking up the position of Vice President - Technical and Project Services - Platinum Operations, effective immediately. Ben Moolman will with immediate effect be promoted from his current position as General Manager - Karee Mine to replace Stompie as Vice President - Mines - Platinum Operations. Ricus Grimbeek will be promoted to Vice President - SHEC - Platinum Operations. These and other changes in management positions will open up a number of opportunities to appoint HDSA individuals to senior management positions over the coming months. End Press enquiries: John Robinson, Lonmin Plc +44 (0)20 7201 6034 Anthony Cardew/ Olivia Gallimore, Cardew Group +44 (0)20 7930 0777
This press release is available on www.lonmin.com Date: 25/11/2004 09:02:01 AM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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