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LONMIN PLC - Director Change - appointment of Ms Phuti Mahanyele as a non-executive director of the Company

Release Date: 02/04/2013 12:04
Code(s): LON     PDF:  
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Director Change - appointment of Ms Phuti Mahanyele as a non-executive director of the Company

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

Director Change - appointment of Ms Phuti Mahanyele as a non-executive director of the
Company

2 April 2013

Lonmin Plc (the “Company”) today announces the appointment of Ms Phuti Mahanyele as a
non-executive director of the Company, with immediate effect.

Ms Mahanyele (42) is Chief Executive Officer (CEO) of Shanduka Group, Lonmin’s Black
Economic Empowerment partner, and was nominated to the Board under a contractual
arrangement.

Phuti has a BA in Economics from Rutgers University, USA and an MBA from De Montfort
University, Leicester, UK. She completed the Kennedy School of Government Executive
Education programme ‘Global Leadership and Public Policy for the 21st Century’ at Harvard
University in 2008. Her executive career includes appointment as Vice President of
Fieldstone, an international firm specialising in the financing of infrastructure assets, and
later she became Head of the Project Finance South Africa business unit at the Development
Bank of Southern Africa. She joined Shanduka in 2004 as the Managing Director of Shanduka
Energy, and became CEO in September 2010.

External recognition of Phuti’s achievements include the Top in Project Finance, 2003 award
by the Association of Black Securities & Investment Professionals (ABSIP). She was selected
as a Global Young Leader in 2007 by the World Economic Forum and listed as one of the Top
50 women in the world to watch in 2008 by the Wall Street Journal. She was named the
Most Influential Woman in Government and Business – Financial Services in 2009 and in
2011 was awarded the Vision of Excellence Award by Rutgers University.

She is a member of the boards of a number of Shanduka Group investee companies
including being Deputy Chair of Pan African Resources Plc, listed on AIM and the JSE. In
accordance with the Listing Rules, Lonmin confirms that there are no additional matters
relating that would require disclosure under LR 9.6.13 R (1) to (6). Ms Mahanyele has no
direct beneficial interests in Lonmin ordinary shares of $1 each.

Commenting on the appointment, Cyril Ramaphosa, Chairman of Shanduka Group and a
former non-executive director of Lonmin said: “I am delighted that Phuti has accepted our
nomination to join the Board of Lonmin “.

Roger Phillimore, Chairman of Lonmin said: “I am pleased to welcome Phuti to our Board.
She brings a wealth of executive experience, knowledge and skills to our boardroom, and in
particular has a deep insight into the needs of 21st century South Africa which we value
greatly”.


ENQUIRIES

Investors / Analysts:
Lonmin
Tanya Chikanza (Head of Investor Relations)    +27 11 218 8358 /
                                               +44 20 7201 6007
Ruli Diseko (Investor Relations Manager)       +27 11 218 8300

Media:
Cardew Group
Anthony Cardew / Alexandra Stoneham            +44 20 7930 0777
Sue Vey                                        +27 72 644 9777

Brunswick - Johannesburg
Itumeleng Mahabane                             +27 11 502 7400 /
                                               +27 83 284 6774

Sponsor:
J.P. Morgan Equities South Africa (Pty) Ltd


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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