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AFO Afriore

386.90
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Afriore LSE:AFO London Ordinary Share VGG0115X1024 COM SHS NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 386.90 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Acquisition of AfriOre

18/12/2006 7:02am

UK Regulatory


RNS Number:0696O
Lonmin PLC
18 December 2006


                            Acquisition of AfriOre -
     South African Competition Commission's unconditional approval received

Lonmin Plc is pleased to announce that it has received unconditional approval
from the South African Competition Commission following its application of 24
November 2006 for approval of the proposed transaction with AfriOre Limited.

Enquiries:
Alex Shorland-Ball                                          +44 (0) 20 7201 6060
Vice President, Investor Relations & Communications


Forward Looking Statements:

This announcement includes forward-looking statements. Information contained in
this announcement relating to AfriOre has been compiled from public sources. All
statements other than statements of historical fact included in this
announcement, including without limitation those regarding Lonmin's plans,
objectives and expected performance, are forward-looking statements. Lonmin has
based these forward-looking statements on its current expectations and
projections about future events, including numerous assumptions regarding its
present and future business strategies, operations, and the environment in which
it will operate in the future. Forward-looking statements generally can be
identified by the use of forward-looking terminology such as 'ambition', 'may',
'will', 'could', 'would', 'expect', 'intend', 'estimate', 'anticipate',
'believe', 'plan', 'seek' or 'continue', or negative forms or variations of
similar terminology. Such forward-looking statements involve known and unknown
risks, uncertainties, assumptions and other factors related to Lonmin,
including, among other factors: (1) the risk that the businesses of Lonmin and
AfriOre will not be integrated successfully; (2) material adverse changes in
economic conditions generally or in relevant markets or industries in
particular; (3) fluctuations in demand and pricing in the mineral resource
industry and fluctuations in exchange rates; (4) future regulatory and
legislative actions and conditions affecting Lonmin's and AfriOre's operating
areas; (5) obtaining and retaining skilled workers and key executives; and (6)
acts of war and terrorism. By their nature, forward-looking statements involve
risks, uncertainties and assumptions and many relate to factors which are beyond
Lonmin's control, such as future market conditions and the behaviour of other
market participants. Actual results may differ materially from those expressed
in forward-looking statements. Given these risks, uncertainties, and
assumptions, you are cautioned not to put undue reliance on any forward-looking
statements. In addition, the inclusion of such forward-looking statements should
under no circumstances be regarded as a representation by Lonmin that Lonmin
will achieve any results set out in such statements or that the underlying
assumptions used will in fact be the case. Other than as required by applicable
law or the applicable rules of any exchange on which Lonmin's securities may be
listed, Lonmin has no intention or obligation to update or revise any
forward-looking statements included in this announcement after the release of
this announcement.







                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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