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LONMIN PLC - Regulatory release Update on rights issue

Release Date: 16/11/2012 07:05
Code(s): LON     PDF:  
Wrap Text
Regulatory release       
Update on rights issue

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")


REGULATORY RELEASE

UPDATE ON RIGHTS ISSUE


Lonmin Plc (“Lonmin”) welcomes the support announced today from Xstrata Plc (“Xstrata”) for its
forthcoming Rights Issue. Lonmin also announces that proxy voting instructions received to date from
other shareholders are overwhelmingly in favour of the resolution to be proposed at the General
Meeting of the Company at 09:30 GMT on Monday 19 November 2012.

As at 15:00 GMT today, before Xstrata announced its intention to vote in favour of the Rights Issue,
86% of the proxy voting instructions received were in favour of the resolution to approve the Rights
Issue.

The Board continues to abide by the highest standards of corporate governance and will reflect on the
comments made by all shareholders during the Rights Issue process.


ENQUIRIES

Investors / Analysts:
Lonmin
Tanya Chikanza (Head of Investor Relations)    +27 11 218 8300 /
                                               +44 20 7201 6007
Ruli Diseko (Investor Relations Manager)       +27 11 218 8373

Media:
Cardew Group
James Clark / Emma Crawshaw                    +44 20 7930 0777
Sue Vey                                        +27 72 644 9777

Brunswick - Johannesburg
Cecilia de Almeida                             +27 11 502 7400 /
                                               +27 83 325 9169

Lonmin Plc
4 Grosvenor Place
London SW1X 7YL
United Kingdom
T: +44 (0)20 7201 6000
F: +44 (0)20 7201 6100
www.lonmin.com

15 November 2012

Sponsor:
J.P. Morgan Equities Limited


Notes to editors

Lonmin, which is listed on both the London Stock Exchange and the Johannesburg Stock Exchange, is
one of the world's largest primary producers of PGMs. These metals are essential for many industrial
applications, especially catalytic converters for internal combustion engine emissions, as well as their
widespread use in jewellery.

Lonmin's operations are situated in the Bushveld Complex in South Africa, where nearly 80% of
known global PGM resources are found.

The Company creates value for shareholders through mining, refining and marketing PGMs and has a
vertically integrated operational structure - from mine to market. Lonmin's mining operations extract
ore from which the Process Division produces refined PGMs for delivery to customers. Underpinning
the operations is the Shared Services function which provides high quality levels of support and
infrastructure across the operations.

For further information please visit our website: http://www.lonmin.com

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