TR-1: 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 SHARESi 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are LONRHO PLC (ISIN: GB0002568813) 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 instruments X An event changing the breakdown of voting rights Other (please specify): 3. Full name of person(s) subject to the CQS DIRECTIONAL OPPORTUNITIES MASTER FUND notification obligation: iii LIMITED 4. Full name of shareholder(s) AS ABOVE (if different from 3.):iv 5. Date of the transaction and date on which the threshold is crossed or 24 MAY 2013 reached: v 6. Date on which issuer notified: 30 MAY 2013 7. Threshold(s) that is/are crossed or 3% reached: vi, vii 8. Notified details: A: Voting rights attached to shares viii, ix Class/type of Situation previous Resulting situation after the triggering transaction shares to the triggering transaction if possible using Number Number Number Number of voting % of voting rights x the ISIN CODE of of of shares rights Shares Voting Direct Direct xi Indirect xii Direct Indirect Rights B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration Exercise/ Number of voting % of voting instrument date xiii Conversion Period xiv rights that may be rights 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 financial Exercise Expiration Exercise/ Number of voting rights % of voting rights xix, xx instrument price date xvii Conversion instrument refers to period xviii Nominal Delta Contract for difference on ordinary 60,300,516 3.63% shares 7% Convertible Bonds due 2015 3,248,674 0.19% Resulting situation after the triggering transaction Total (A+B+C) Number of voting rights Percentage of voting rights 63,549,190 3.82% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi N/A Proxy Voting: 10. Name of the proxy holder: N/A 11. Number of voting rights proxy holder will cease N/A to hold: 12. Date on which proxy holder will cease to hold N/A voting rights: 13. Additional information: Jim Hughes 14. Contact name: 15. Contact telephone number: +44 (0) 20 7016 5105 30 May 2013 Enquiries: Lonrho Plc (London) +44 (0) 20 7016 5105 Geoffrey White David Armstrong FTI Consulting (London) +44 (0) 20 7831 3113 Edward Westropp Georgina Goodhew JSE Sponsor Java Capital Date: 31/05/2013 07:05:00 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.