LON - Lonmin Plc - Number One Furnace Shut Down Update

LON - Lonmin Plc - Number One Furnace Shut Down 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")                              
Number One Furnace Shut Down Update                                             
24 May, 2010                                                                    
Lonmin Plc ("Lonmin") announces that it has suffered a setback during the       
recommissioning process of its Number One furnace in the form of a leak around  
a slag tap hole. The incident happened as the furnace was still being           
stabilised following its restart on 12th May.                                   
Our initial estimate is that commissioning will now take another 25-30 days,    
during which time the three Pyromet furnaces will continue to operate.          
Together these furnaces have around 40% of the capacity of the Number One       
furnace. In addition, the risk mitigation plans announced at the interims       
which include replacing the waffle coolers with refractory bricks and plate     
coolers are in hand.                                                            
In order to maintain our sales guidance of 700,000 ounces of Platinum for       
2010, we will need to increase the volume of toll refining over and above our   
current contractual commitments.                                                
END                                                                             
ENQUIRIES:                                                                      
Investors / Analysts:                                                           
Tanya Chikanza +44 (0) 207 201 6007                                             
Acting Head of Investor Relations                                               
Media:                                                                          
Cardew Group +44 (0) 207 930 0777                                               
Rupert Pittman / James Milton                                                   
Financial Dynamics +27 (0) 21 487 9000                                          
Dani Cohen / Ravin Maharaj                                                      
Date: 24/05/2010 08:00:03 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.