Statement on Press Speculation 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") 26 August 2014 REGULATORY RELEASE Statement on Press Speculation The Board of Lonmin Plc (“Lonmin”) has noted recent press speculation which is entirely without foundation. No decisions, about the size and shape of any restructuring of the business, have been made. Lonmin’s immediate focus following the five-month strike is to achieve a safe ramp up of production in order to rebuild the business and restore profitability. Crucial to the process are safety, containing costs and maximising productivity. We are pleased to report that the ramp up is progressing better than planned and we will update the market in due course. -ENDS- ENQUIRIES Investors / Analysts: Lonmin Tanya Chikanza – Head of Investor Relations +27 11 218 8300 Floyd Sibandze – Investor Relations Manager +27 11 218 8300 Media: Cardew Group Anthony Cardew +44 20 7930 0777 Sue Vey +27 72 644 9777 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. Announcements relating to the situation can be found on Lonmin’s website at: http://www.lonmin.com Date: 26/08/2014 01:56:00 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.