Lonmin Plc - Notification of Transactions of Directors

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")                                                                      
18 August 2008                                                                  
Lonmin Plc                                                                      
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 Long Term        
Incentive Plan ("LTIP") contained within the Lonmin Plc Shareholder Value       
Incentive Plan, the Executive Directors of Lonmin Plc and the PDMRs listed below
were granted LTIP Awards on 17 August 2006.                                     
  Directors                                           No. of shares             
  Brad Mills                                          44,100                    
  Ian Farmer                                          12,200                    
John Robinson                                       9,200                     
  PDMRs          Position                             No. of shares             
  Alistair Ross  President - Platinum Operations      7,500                     
  Rob Bellhouse  Company Secretary                    5,100                     
Lee Johnson    VP - Human Capital                   3,650                     
  Alex Shorland- VP - Investor Relations              3,650                     
  Ball                                                                          
  Ricus Grimbeek VP - Mining Marikana                 5,000                     
Simo Lushaba   VP - Shared Services                 5,000                     
  Alan Keeley    VP - Platinum Processing             2,500                     
The LTIP Awards will normally vest on the third anniversary of the award date.  
The proportion of an award that vests will be dependent on satisfaction of a    
performance condition comprised of 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 20 companies selected from the     
mining and metals sector over a three-year period (assuming dividend            
reinvestment), with no provision for re-testing. None of the RTSR-based part of 
the LTIP Award will vest for performance below the median of the group, the     
vesting schedule thereafter being as follows:                                   
50th percentile                     35% vesting                                 
75th percentile                     60% vesting                                 
90th percentile                    100% vesting                                 
Between these targets, a straight-line sliding scale operates.                  
The other half of the award is based on EBIT (Earnings Before Interest and Tax) 
by reference to the Company"s audited EBIT performance for the year ended 30    
September 2008.  There will be no re-testing and no part of the EBIT-based LTIP 
Award will vest for performance less than $775m.  The vesting schedule          
thereafter is as follows:                                                       
2008 EBIT ($m)                                                                  
  775                     35% vesting                                           
1,000                     63% vesting                                           
1,250                    100% vesting                                           
Between these targets, a straight-line sliding scale operates.                  
The Remuneration Committee believes that this combination of measures fully     
aligns the interests of the executives and senior managers who participate in   
the Plan with both the strategic objectives of the Company and the interests of 
its shareholders.                                                               
Date: 18/08/2006 12:10:44 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department