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LONMIN PLC - Directorate change

Release Date: 12/04/2016 08:00
Code(s): LON     PDF:  
Wrap Text
Directorate change

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


12 April 2016

DIRECTORATE CHANGE

Lonmin Plc ("Lonmin" or the "Company") announces that Simon Scott will step down as Lonmin’s Chief Financial
Officer and as a Director. While the exact date on which Simon will leave the Board has not yet been determined, it
is expected that Simon will step down from the Board following the Company's Interim Results in May 2016.

Lonmin’s Nomination Committee is at an advanced stage in its search for a successor and an announcement will be
made in due course. After the Interim Results, Simon will continue to be involved in a transitional role.

Brian Beamish, Chairman of Lonmin said: "Over the past five and a half years Simon has played an important role
during a difficult period for Lonmin, both as CFO and Acting CEO. We are grateful to him for all his hard work and
commitment and wish him well in the future."

Simon Scott said: "After successfully completing last year's fundraising in an exceptionally challenging market, it is
now the right time for me to pursue other interests. I wish Lonmin every success in the future."

                                                        END




ENQUIRIES
Investors / Analysts:
Lonmin
Tanya Chikanza (Head of Investor Relations)          +27 11 218 8358 /
                                                     +44 20 7201 6007

Media:
Cardew Group
Anthony Cardew                                       +44 20 7930 0777
Sue Vey                                               +27 60 523 7953



                                                      - ENDS -



Notes to editors



                                                          1
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 Igneous Complex in South Africa, where nearly 80% of known
global PGM resources are located.

The Company creates value for shareholders through mining, refining and marketing PGMs and has a vertically
integrated operational structure - from mine to market. 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


Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd




                                                        2

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