LON - Lonmin Plc - Lonmin Plc Becomes Sole Shareholder of AfriOre Limited

LON - Lonmin Plc - Lonmin Plc Becomes Sole Shareholder of AfriOre Limited       
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")                                                                      
Lonmin Plc Becomes Sole Shareholder of AfriOre Limited                          
Lonmin Plc (``Lonmin``) today announces that it has become the sole shareholder 
of AfriOre Limited ("AfriOre") following the completion of compulsory redemption
proceedings in accordance with the laws of the British Virgin Islands.          
As described in a notice sent to shareholders of AfriOre on 9 February 2007,    
AfriOre redeemed all of its issued and outstanding shares that were not held by 
Lonmin for an amount equal to C$8.75 per share.  AfriOre has today sent a       
further notice to those former shareholders who have had their shares in the    
capital of AfriOre redeemed.  This notice provides further information for      
former shareholders of AfriOre seeking to receive the redemption price, which is
being held by CIBC Mellon Trust Company as agent for AfriOre. Any questions in  
this regard should be directed to CIBC Mellon Trust Company at +1-416-643-5500  
or by e-mail at inquiries@cibcmellon.com.                                       
In connection with the redemption, the shares of AfriOre were today delisted    
from the Toronto Stock Exchange.  As previously announced, AfriOre has also     
requested the cancellation of its listing on the Alternative Investment Market  
of the London Stock Exchange, which is expected to be effective on 28 February  
2007.                                                                           
Enquiries:                                                                      
Alex Shorland-Ball                                +44 (0) 20 7201 6060          
Vice President, Investor Relations & Communications                             
Forward Looking Statements:                                                     
This announcement may include forward-looking statements. All statements other  
than statements of historical fact included in this announcement, including     
without limitation those regarding Lonmin`s plans, objectives and expected      
performance, are forward-looking statements. Lonmin has based these forward-    
looking statements on its current expectations and projections about future     
events, including numerous assumptions regarding its present and future business
strategies, operations, and the environment in which it will operate in the     
future. Forward-looking statements generally can be identified by the use of    
forward-looking terminology such as `ambition`, `may`, `will`, `could`, `would`,
`expect`, `intend`, `estimate`, `anticipate`, `believe`, `plan`, `seek` or      
`continue`, or negative forms or variations of similar terminology. Such        
forward-                                                                        
looking statements involve known and unknown risks, uncertainties, assumptions  
and other factors related to Lonmin, including, among other factors: (1) the    
risk that the businesses of Lonmin and AfriOre will not be integrated           
successfully; (2) material adverse changes in economic conditions generally or  
in relevant markets or industries in particular; (3) fluctuations in demand and 
pricing in the mineral resource industry and fluctuations in exchange rates; (4)
future regulatory and legislative actions and conditions affecting Lonmin`s and 
AfriOre`s operating areas or licensing; (5) obtaining and retaining skilled     
workers and key executives; and (6) acts of war and terrorism. By their nature, 
forward-looking statements involve risks, uncertainties and assumptions and many
relate to factors which are beyond Lonmin`s control, such as future market      
conditions and the behaviour of other market participants. Actual results may   
differ materially from those expressed in forward-looking statements. Given     
these risks, uncertainties, and assumptions, you are cautioned not to put undue 
reliance on any forward-looking statements. In addition, the inclusion of such  
forward-looking statements should under no circumstances be regarded as a       
representation by Lonmin that Lonmin will achieve any results set out in such   
statements or that the underlying assumptions used will in fact be the case.    
Other than as required by applicable law or the applicable rules of any exchange
on which Lonmin`s securities may be listed, Lonmin has no intention or          
obligation to update or revise any forward-looking statements included in this  
announcement after the release of this announcement.                            
Date: 19/02/2007 07:15:00 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.