LON - Lonmin Plc - Notification of Transactions of Directors and Persons

LON - Lonmin Plc - Notification of Transactions of Directors and Persons        
Discharging Managerial Responsibilities                                         
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 December 2011                                                                
Notification of Transactions of Directors and Persons Discharging Managerial    
Responsibilities ("PDMRs")                                                      
Pursuant to DTR 3.1.4 R, Lonmin Plc (the "Company") confirms that nil cost      
options were granted on 12 December 2011 under the Company`s Annual Share Award 
Plan ("ASAP Awards") to Ian Farmer, Chief Executive Officer, Simon Scott, Chief 
Financial Officer, and the PDMRs listed below.                                  
Director/PDMR         Position                           Number of              
                                                        shares                  
Ian Farmer            Chief Executive Officer            27,628                 
Simon Scott           Chief Financial Officer            13,180                 
Albert Jamieson       Chief Commercial Officer           9,943                  
Barnard Mokwena       Executive Vice-President Human     7,818                  
                     Capital and External Affairs                               
                                                                                
Mark Munroe           Executive Vice-President Mining    9,094                  
Natascha Viljoen      Executive Vice-President           9,365                  
                     Processing                                                 
The ASAP replaces the Deferred Annual Bonus Plan under which half the           
participant`s after tax bonus was deferred and used to acquire shares in the    
Company.  Under the new arrangement, the participants` Balanced Scorecard bonus 
opportunity has been halved and they have instead been granted ASAP Awards of an
equivalent gross amount.  The ASAP has the same economic effect and cost as the 
previous arrangements, but addresses the tax and cost inefficiencies of those.  
ASAP Awards are not subject to a post-grant performance condition.  They will   
vest on the third anniversary of the date of grant (subject to continued        
employment) and can be exercised at any time during the seven year period       
thereafter.                                                                     
END                                                                             
Date: 14/12/2011 07:05:41 Supplied by www.sharenet.co.za                     
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