TR-1: Notification of Major Interest in Shares 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") 4 June 2014 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 Lonmin Plc 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 An event changing the breakdown of voting rights Other (please specify): X Prudential plc no longer holds 50% of UK subsidiary 3. Full name of person(s) subject to the Prudential plc group of companies notification obligation: iii 4. Full name of shareholder(s) (if different from 3.):iv 5. Date of the transaction and date on which the threshold is crossed or 30 May 2014 reached: v 6. Date on which issuer notified: 03 June 2014 7. Threshold(s) that is/are crossed or Below 5% reached: vi, vii See item 13 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 x if possible using Number Number Number Number of voting % of voting rights the ISIN CODE of of of shares rights Shares Voting xi Indirect Direct Direct xii Direct Indirect Rights ORD USD1 44,361,775 44,361,775 Below 5% Below 5% Below 5% GB0031192486 B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration Exercise/ Number of voting % of voting xiii xiv instrument date Conversion Period 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 xix, Type of financial Exercise Expiration Exercise/ Number of voting rights % of voting rights xvii xx instrument price date Conversion instrument refers to xviii period Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights Below 5% Below 5% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi 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: Prudential plc no longer has legal ownership of more than 50% of Prudential Portfolio Managers (South Africa) (PTY) Limited. Under DTR rules interests of less than 50% do not get aggregated with parent company interests. Consequently Prudential group of companies no longer has a notifiable interest. Seema Kamboj 14. Contact name: Lonmin Plc 15. Contact telephone number: 020 7201 6053 Sponsor : J.P. Morgan Equities South Africa (Pty) Ltd Date: 04/06/2014 12:00:00 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.