LON - Lonmin - Dividend Exchange Rate

LON - Lonmin - Dividend Exchange Rate                                           
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")                                                                      
Dividend Exchange Rate                                                          
Further to the announcement to shareholders published on 17 November 2006 in    
which shareholders were informed that the exchange rate to be used to determine 
the rand equivalent of the final dividend for the year ended 30 September 2006  
payable on 9 February 2007 would be calculated on 28 December 2006, shareholders
are hereby advised that the exchange rate to be used will be US$1 = R7.0188.    
This has been calculated as the average of the bid/ask spread as at noon (South 
African time) on 28 December 2006.                                              
Consequently, the rand value of the cash entitlement of 55 US cents per share   
will be R3.86 per share.                                                        
Transfers will not be permitted between the UK principal register and the SA    
branch register from today until the record date, 12 January 2007 (i.e. first   
date to transfer 15 January 2007).                                              
28 December 2006                                                                
Sponsor                                                                         
J.P.Morgan Equities Limited                                                     
Enquiries:                                                                      
Alex Shorland-Bell                 +44 (0) 20 7201 6060                         
Lonmin Plc                                                                      
Vice-President, Investor Relations & Communications                             
Lloyds TSB Registrars Helpline     0870 600 3970 (UK callers)                   
                                  +44 121 415 7047                              
                                  (International callers)                       
END                                                                             
Date: 28/12/2006 13:58:54 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.