Sharenet Sites 
Sharenet Sites
REGULATORY RELEASE
Further update on union recognition discussions
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
Further update on union recognition discussions
23 May 2013
Lonmin Plc (“the Company”) announces that no resolution was reached today in further
negotiations with the Association of Mineworkers and Construction Union (AMCU) in
ongoing attempts to conclude a new recognition agreement.
The meeting, conducted under the auspices of the Commission for Conciliation, Mediation
and Arbitration (CCMA), was a final attempt by the parties to resolve the dispute before
commencing the arbitration process.
Lonmin has referred the matter for arbitration. This means that both parties will present
their respective views to the arbitrator who will then make a ruling which will be binding on
both Lonmin and AMCU. This is part of the dispute resolution process provided for by the
Labour Relations Act. There is no set timeframe to conclude this process but it is reasonably
expected that it should take approximately four to six weeks to complete the arbitration
process.
“We are disappointed that we have been unable to find common ground but remain
hopeful that the dispute will be resolved, which is in all of our interests,” said Acting CEO
Simon Scott.
Lonmin has presented a recognition agreement that it believes to be in the best interests of
all stakeholders, while at the same time according the same rights and privileges enjoyed by
the previous majority union to AMCU.
“In the spirit of the Peace Accord signed by all parties, we urge everyone to allow the
process to take its course peacefully and without incident” added Mr Scott.
The Company will update the market further when appropriate.
– ENDS –
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/James Clark +44 20 7930 0777
/Alexandra Stoneham
Sue Vey +27 72 644 9777
Brunswick - Johannesburg
Itumeleng Mahabane/Cecilia de Almeida +27 11 502 7400 /
+27 83 325 9169
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
Date: 23/05/2013 04:21:00 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.
