Lonmin : Directorate Change

Lonmin Plc
4 Grosvenor Place
London SW1X 7YL
United Kingdom

T: +44 (0)20 7201 6000
F: +44 (0)20 7201 6100

www.lonmin.com

REGULATORY RELEASE

22 July 2014

Directorate Change

Further to its announcement of 30 March 2014, Lonmin Plc ("Lonmin" or "the Company") announces that the Board of Directors took the decision yesterday afternoon (21 July) to confirm the appointment, with immediate effect, of Brian Beamish as Chairman of the Company.

Mr Beamish said: "Lonmin holds rights over a suite of exceptional PGM assets, has unmatched technical strengths and good people with the drive and skills to restore the business to profitability. The return to work after a damaging strike of unprecedented length is progressing well.  I will continue to work closely with our Chief Executive Officer, Ben Magara, in leading the Board and Company through the challenges ahead, creating value for shareholders and all stakeholders. "

Jim Sutcliffe, Chairman of the Company's Nomination Committee, said: "I am delighted that Brian has accepted the role of Chairman on a permanent basis. After an extensive and exhaustive search process I am convinced that Brian was by far the best candidate and I look forward to supporting him as we develop and implement our plans ."

Ben Magara said: " I'm delighted by Brian's appointment as permanent Chairman. We have worked together for four months already and I believe this is an outstanding appointment for Lonmin. I look forward to continuing to work closely with him in building a robust and sustainable Lonmin ."

Lonmin will provide a detailed operational update in its Q3 Production Report and Interim Management Statement on Friday 25 July.

- ENDS -

ENQUIRIES

Investors / Analysts:

Lonmin

Media:

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 producing assets are situated in the Bushveld Igneous 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. Underpinning the operations is the Shared Services function which provides high quality levels of support and infrastructure across the operations.