Lonmin Plc - Director and PDMR Shareholdings

Lonmin Plc - Director and PDMR Shareholdings                                    
Lonmin Plc                                                                      
Share Code: LON                                                                 
ISIN:       GB0031192486                                                        
15 DECEMBER 2005                                                                
Director and PDMR Shareholdings                                                 
Lonmin Plc (the "Company") announces that under the terms of the Company"s      
Deferred Annual Bonus Plan (the "Plan") the trustees of the Company"s employee  
benefit trust (the "Trustees") have today advised the Company that they have    
bought shares in the Company on either the London or Johannesburg Stock         
Exchanges on behalf of the following Directors and Persons Discharging          
Managerial Responsibility ("PDMRs").                                            
Under the rules of the Plan the Trustees are obliged to make a conditional      
Matched Award over a number of shares which, after local taxation, would equal  
the number purchased on behalf of the individual participant.   Accordingly, the
Trustees have today granted Matched Awards over shares in the Company as shown  
in the tables:                                                                  
Director                 Date of purchase  Price paid  Number of   Number of    
                                           per share   shares      shares       
purchased   comprised    

                                                                   in Matched   
                                                                   Award        
Brad Mills               8 December 2005   1667.0761p  10,559      17,897       
Ian Farmer               8 December 2005   1667.0761p  1,341       2,273        
John Robinson            8 December 2005   1667.0761p  1,529       2,592        
PDMR                     Date of purchase  Price paid  Number of    Number of   
                                           per share   shares       shares      
purchased    comprised   

                                                                    in Matched  
                                                                    Award       
Rob Bellhouse            8 December 2005   1667.0761p  689          1,168       
Ricus Grimbeek           8 December 2005   ZAR184.7954 436          726         
Lee Johnson              8 December 2005   1667.0761p  531          900         
Alan Keeley              8 December 2005   ZAR184.7954 548          914         
Alistair Ross            8 December 2005   1667.0761p  655          1,110       
Alexandra Shorland-Ball  8 December 2005   1667.0761p  171          289         
The vesting of the Matched Awards is dependent on satisfaction of a performance 
condition, which comprises two objective tests, assessed independently of each  
other.                                                                          
One half of the award is based on Relative TSR, comparing the total return      
accruing to Lonmin shareholders with that of 15 mining and mining-related       
companies over a three-year period (assuming dividend reinvestment), with no    
provision for re-testing.   None of the RTSR-based part of the Matched Award    
will vest for performance below the median of the group, the vesting schedule   
thereafter being as follows:                                                    
50th percentile (median)           50% vesting                                  
60th percentile                         75% vesting                             
75th percentile (upper quartile)   100% vesting                                 
with straight-line interpolation between these levels.                          
The other half of the award is based on the growth in EBIT profit from the $353 
million achieved in the year ended 30 September 2005 to that shown in the       
audited group accounts for the year ending 30 September 2008.   There will be no
re-testing and no part of the EBIT-based Matched Award will vest for growth in  
profit of less than 30% over the three years.   The vesting schedule thereafter 
is as follows:                                                                  
+ 30% growth in EBIT          50% vesting                                  
     + 45% growth in EBIT          75% vesting                                  
     + 60% growth in EBIT          100% vesting                                 
with straight-line interpolation between these levels.                          
The Remuneration Committee believes that this combination of measures fully     
aligns the interests of the executives who participate in the Plan with both the
strategic objectives of the Company and the interests of its shareholders.      
ENDS                                                                            
Date: 19/12/2005 07:30:08 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department