Lonmin PLC Directorate Change (2474Q)

TIDMLMI

RNS Number : 2474Q

Lonmin PLC

15 February 2019

LEI No: 213800FGJZ2WAC6Y2L94

15 February 2019

REGULATORY RELEASE

DIRECTORATE CHANGE

Lonmin Plc (the "Company" or "Lonmin") today announces the appointment of Sizwe Nkosi as a non-independent non-executive director of the Company, with effect from 1 March 2019.

Mr Nkosi (43) is the chief financial officer at Phembani Group Pty Limited ("Phembani"), Lonmin's Black Economic Empowerment partner, and has been nominated to the Board pursuant to the contractual arrangement with Phembani.

Mr Nkosi is a qualified chartered accountant and holds an MBA from the University of Cape Town. He has more than 15 years' experience in the mining sector, predominantly in coal, diamonds, phosphates and commodities trading. Mr Nkosi was previously the chairperson of the Eastern Region Members in Business Council in South Africa and served on the South African Institute of Chartered Accountants Broad Based Black Economic Empowerment Charter Council.

Mr Nkosi replaces Kennedy Bungane as Phembani's nominee to the Lonmin Board, however, in light of Mr Bungane's skills, experience and commitment to the Company, the Board has requested, and Mr Bungane has agreed, to remain a non-executive director of Lonmin.

Brian Beamish, Lonmin's Chairman, said "I am pleased to welcome Sizwe to our Board. He brings with him considerable experience, particularly in the South African context, and I have no doubt he will be a much valued contributor to the Lonmin Board.

Kennedy's decision to remain on the Lonmin Board as a non-executive director in his own right is also most welcome. He is a valued member of the team and we are pleased to be able to continue to draw on his knowledge and experience during this important period for the Company."

In accordance with the Listing Rules, Lonmin confirms that there are no additional matters that would require disclosure under LR 9.6.13R (1) to (6). Mr Nkosi has no direct beneficial interests in Lonmin ordinary shares of $0.0001 each.

Enquiries:

Lonmin:

Seema Kamboj

Company Secretary

00 44 20 3908 1071

Tanya Chikanza

Executive Vice President: Corporate Strategy, Investor Relations and Corporate Communications

00 44 20 3908 1073

[phone]

Media:

TB Cardew

Anthony Cardew / Emma Crawshaw

00 44 20 7930 0777

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February 15, 2019 07:00 ET (12:00 GMT)