TR1 Notification of Major Interest in shares Lonrho Plc (Incorporated and registered in England and Wales) (Registration number 2805337) JSE share code: LAF; ISIN number: GB0002568813 (“the company”) Primary listing on the LSE and secondary listing on the AltX of the JSE TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 1. Identity of the issuer or the underlying issuer Lonrho Plc of existing shares to which voting rights are attached: ii 2 Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An acquisition or disposal of instruments with similar economic effect to qualifying financial X instruments An event changing the breakdown of voting rights Other (please specify): 3. Full name of person(s) subject to the notification obligation: iii H21 Macro Ltd. 4. Full name of shareholder(s) (if different from 3.):iv 5. Date of the transaction and date on 16. May 2013 which the threshold is crossed or reached: v 17. May 2013 6. Date on which issuer notified: 7. Threshold(s) that is/are crossed or Over 21% reached: vi, vii 8. Notified details: A: Voting rights attached to shares viii, ix Situation previous Resulting situation after the triggering transaction to the triggering transaction Number Number Number Number of voting % of voting rights x of of of shares rights Shares Voting Indirect Direct Direct xi xii Direct Indirect Rights GB0002568813 40'311'060 40'311'060 2.44% B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of financial Expiratio Exercise/ Number of voting % of voting instrument n Conversion Period xiv rights that may be rights date xiii acquired if the instrument is exercised/ converted. C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi Resulting situation after the triggering transaction Type of Exercise Expirati Exercise/ Number of voting rights % of voting rights xix, xx financial price on date Conversion instrument refers to xvii instrument period xviii Nominal Delta CFD’s (UBS) 241’292’222 GB0002568813 14.59% 1 Nominal Delta CFD’s (MS) 30’000’000 GB0002568813 1.81% 1 15. 1. Nominal Delta Convertible October November 38’387’978 Bond 0.2474 2.32% 0.3063 2015 2010 ISIN: -8. October XS0549738531 2015 Total (A+B+C) Number of voting rights Percentage of voting rights 349’991’260 21.16% (2.32%+14.59%+1.81%+2.44%) 17 May 2013 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi H21 Macro Ltd -> UBS and Morgan Stanley as Prime Brokers Proxy Voting: UBS AG (Prime Broker) 10. Name of the proxy holder: Morgan Stanley (Prime Broker) 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: 14. Contact name: Jim Hughes 15. Contact telephone number: +44 (0) 207 016 5105 17 May 2013 South African Sponsor Javacapital Date: 17/05/2013 05:23:00 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.