LON - Lonmin Plc - Completion of wage negotiations with solidarity

LON - Lonmin Plc - Completion of wage negotiations with solidarity              
and UASA                                                                        
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")                                                                      
12 December 2007                                                                
Completion of wage negotiations with Solidarity and UASA                        
Lonmin  announces it has completed wage agreements with Solidarity              
and the United Association of South Africa ("UASA") in respect  of              
its Marikana operations.                                                        
Lonmin  has  agreed  a one year wage settlement  with  Solidarity.              
This  agreement provides for an increase of 9% in the  first  year              
effective  from  1 October 2007 for all employees  categorised  as              
Union  Men  plus  increases to other benefits; and monthly  market              
allowances for certain categories of employees.                                 
Lonmin  has  agreed a three year wage settlement with UASA.   This              
agreement  provides for a 9% increase in the salaries of Officials              
in  grades B Lower to C Upper in the first year effective  from  1              
October  2007  plus  increases to other benefits.   In  subsequent              
years  wage increases will be CPIX plus 2% (except for C4  and  C5              
employees  who will receive CPIX plus a performance differentiated              
increase  up to a maximum of 4%).  In addition we have implemented              
scarce skills market allowances for C Upper and C Lower employees.              
Lonmin welcomes the new agreements and looks forward to continuing              
to  work with Solidarity and UASA over the coming years to deliver              
on our operational and transformational objectives.                             
These  agreements complete the current round of wage  negotiations              
for Lonmin`s Marikana operations.                                               
Enquiries:                                                                      
Alex Shorland-Ball                           +44 (0)20 7201 6060                
Vice President,                                                                 
Investor Relations & Communications                                             
Date: 13/12/2007 07:50:01 Supplied by www.sharenet.co.za                     
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