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LONMIN PLC - Update on NUM Court Application and Union Recognition

Release Date: 15/07/2013 16:24
Code(s): LON     PDF:  
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Update on NUM Court Application and Union Recognition

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 NUM Court Application and Union Recognition

Lonmin Plc ("the Company") would like to update the market, further to our regulatory release of 8
July 2013, on a court case which concluded in South Africa today involving issues around union
recognition.

The National Union of Mineworkers (NUM) applied to the labour court to suspend the 90 day notice
period for the derecognition of NUM as the largest union at Lonmin.

Giving judgment this morning, the judge dismissed NUM’s case, struck the matter off the roll and
awarded costs against the union.

This conclusion allows the present timetable around recognition, as well as the ongoing arbitration
procedure the Company is involved in with AMCU, to continue unchanged. As previously announced,
the recognition agreement between the NUM and Lonmin will expire on 16 July 2013, whilst the
arbitration proceedings with AMCU are still scheduled for 29 July 2013.

Lonmin remains wholly committed to finding a sustainable solution to the issue of union recognition
which is fair and equitable and with which all stakeholders can agree. It also believes that employees
have the right to be represented by the union of their choice.

The Company will update the market further when appropriate.


15 July 2013


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

Sue Vey                                             +27 72 644 9777
Brunswick – Johannesburg
Itumeleng Mahabane /                               +27 11 502 7400 /
Tim Schultz                                        +27 82 309 2496

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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