Change of Accounting Reference Date

22nd September 2011

LONRHO PLC("Lonrho" or "the Company")Change of Accounting Reference Date

To fall in line with the statutory reporting obligations of various of the countries where it operates such as Mozambique, DRC and Angola, the Board of Lonrho Plc has resolved to change the Company's accounting reference date from 30th September to 31st December and accordingly its next full financial statements will be in respect of the 15 months to 31st December 2011. The change will align the Lonrho accounting period with the statutory obligations in various countries where a December year end is a legal requirement. Consequently the Group will publish a second set of interim accounts for the 6 month period ending 30th September 2011 by 30th November 2011.An additional benefit of a year end aligned with the calendar year will be for the Group's expanding agricultural division which has always been dependent directly or indirectly on the timing of harvests in South Africa, Zambia, Zimbabwe, and Mozambique. This division is growing in importance with the recent expansion of the Group's agricultural business with the purchase of the assets and operations of Grindrod PCA and now accounts for over 50% of Group turnover. The change to a calendar year accounting period will reduce potential seasonal variances in relation to the main production season which has a September /October harvest output.The Group has enjoyed some important successes in the fourth quarter with delivery of first shipments from Oceanfresh to Walmart in the USA and Checkers in South Africa under new supply agreements and strong performances from new acquisitions Lonrho Logistics (formerly the business of Grindrod PCA) and Fish On Line. In addition, Fly540 is expected to commence commercial operations in Ghana in the last week of September. Overall trading remains broadly in line with management expectations entering the busiest period of the year for the Group.

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