LON - Lonmin - Smelter Update

LON - Lonmin - Smelter Update                                                   
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")                                                                      
Smelter Update                                                                  
Lonmin announces that, due to a number of furnace bricks failing certain        
capability tests, the rebuild timetable for the Number One furnace has now been 
extended to around 135 days, including furnace warm up, with the first matte tap
now forecast to take place at the end of April 2007.                            
In order to mitigate this delay, we have accelerated the start up of our newly  
re-commissioned Merensky furnace and expect the first matte tap from this       
furnace around 9 March 2007.  Following the completion of the Number One furnace
rebuild, we will run the Merensky furnace in parallel with the Number One       
furnace and, as required, our Pyromet furnaces.                                 
Our full year sales forecast remains between 980,000 and 1,000,000 ounces of    
Platinum. These sales will consist of around 835,000 ounces of refined Platinum 
from Lonmin`s own metallurgical facilities, around 125,000 ounces of toll       
refined Platinum and between 20,000 and 40,000 ounces of semi refined Platinum  
sales.                                                                          
The estimate for the repair and extra metallurgical division costs for the full 
year is now around US$7.8 million (R55 million).                                
Enquiries:                                                                      
Alex Shorland-Ball                           +44 (0)20 7201 6060                
Vice President,                                                                 
Investor Relations & Communications                                             
22 February 2007                                                                
Date: 22/02/2007 09:00:06 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.