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Lonmin Plc - Notification of transactions of directors

Release Date: 10/08/2006 17:16
Code(s): LON
Wrap Text

Lonmin Plc - Notification of transactions of directors Lonmin Plc (Incorporated in England and Wales) (Registered in the Republic of South Africa under registration number 1969/000015/10) JSE code: LON Issuer Code: LOLMI & ISIN : GB0031192486 ("Lonmin") 10 AUGUST 2006 Notification of Transactions of Directors" and Persons Discharging Managerial Responsibilities ("PDMRs") Pursuant to DR 3.1.4 R and in accordance with the rules of the Lonmin Scarce Skills Retention Plan, the PDMRs listed below were granted awards on 14 July 2006. PDMRs Position Notional Shares Alistair Ross President - Platinum 5,000 Operations Ricus Grimbeek VP - Mining Marikana 5,000 Simo Lushaba VP - Shared Services 5,000 Alan Keeley VP - Platinum 3,000 Processing The Scarce Skills Retention Plan is a cash settled plan with a three year vesting period and no "good leaver" early vesting provisions. The awards are not subject to performance conditions and are intended to provide a significant retention hold over key senior managers who possess rare skills critical to our business. The executive directors of Lonmin Plc are not eligible to participate in this Plan, which has not been proposed for approval by shareholders. END Date: 10/08/2006 05:16:43 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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