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LON - Lonmin - Directorate Change

Release Date: 13/08/2007 10:00
Code(s): LON
Wrap Text

LON - Lonmin - Directorate Change 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") 13 August 2007 Lonmin is pleased to announce that Jim Sutcliffe and David Munro have agreed to join the Lonmin board with effect from 10 August 2007 as non-executive directors. Jim Sutcliffe (51) is currently Chief Executive of Old Mutual plc, a post which he assumed in November 2001 after acting as Chief Executive of the Old Mutual Group`s life assurance business since January 2000. He is a non-executive director of Nedbank Group Limited and a director of The Nelson Mandela Legacy Trust (UK), Fidelity and Guarantee Life Insurance Company and OM Kotak Mahindra Insurance Company Limited. Before joining Old Mutual, Mr Sutcliffe was Chief Executive UK of Prudential plc and was until recently Chairman of Forsakringsaktiebolaget Skandia (publ). Mr Sutcliffe is an actuary. David Munro (52) is currently Executive Director, Strategy of Kazakhmys plc a post he has held since October 2006. Before joining Kazakhmys, Mr Munro was Chief Executive Officer of RMC Group PLC from January 2004 until RMC`s acquisition by Mexico`s Cemex in 2005. From 1981 Mr Munro held a variety of positions with Gencor/Billiton and then BHP Billiton including Chief Development Officer from 2003 to 2004, Vice President, Strategy and Business Development from 2002 to 2003 and Executive Director Aluminium from 1997 to 2002. Mr Munro was a non-executive director of Wogen plc from 2005 to 2007 and Kazakhmys plc from 2005 to 2006. Mr Munro is a mining engineer by profession. In accordance with the Listing Rules, Lonmin confirms that there are no matters relating to either Mr Sutcliffe or Mr Munro that would require disclosure under Rule 9.6.13 (2) to (6). Neither Mr Sutcliffe nor Mr Munro have any beneficial interests in Lonmin shares. Commenting on the appointments, Sir John Craven, Chairman of Lonmin said: "I am extremely pleased to welcome both Jim Sutcliffe and David Munro to the Lonmin board. We are delighted to have found two candidates with such a wealth of relevant experience and I am sure they will both make very valuable contributions to the Company." Enquiries: Alex Shorland-Ball +44 (0)207 201 6060 Vice President, Investor Relations & Communications Date: 13/08/2007 10:00:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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