9th Oct 2013 12:14
Lonmin Plc4 Grosvenor PlaceLondon SW1X 7YLUnited Kingdom
T: +44 (0)20 7201 6000F: +44 (0)20 7201 6100
www.lonmin.com
REGULATORY RELEASE
9 October 2013
DIRECTORATE CHANGE
Lonmin Plc (the "Company") today announces the appointment of Brian Beamish as an independent non-executive director of the Company, with effect from 1 November 2013.
Mr Beamish (56) was, until September 2013, the Group Director Mining and Technology of Anglo American plc, at the culmination of a 36 year career with that group. His previous roles included four years as Operations Director of Anglo Platinumand working as COO and subsequently CEO of Anglo American's global Base Metals business. A graduate in mechanical engineering from the University of the Witwatersrand and of the PMD programme at Harvard Business School, he has career-long experience of the mining industry, largely gained in operational roles in South Africa and latterly in other parts of the world, particularly South America. He has dual British and South African citizenship.
Mr Beamish was a director of JSE-listed Anglo American Platinum Limited from May 2010 to 30 September 2013. In accordance with the Listing Rules, Lonmin confirms that there are no additional matters that would require disclosure under LR 9.6.13 R (1) to (6). Mr Beamish does not have any direct beneficial interests in Lonmin ordinary shares of $1 each.
Roger Phillimore, Chairman of Lonmin said "I am delighted that Brian has agreed to join our Board. His experience and deep knowledge of mining, particularly in a South African context, will add considerably to our Board discussions and I look forward to the contribution that he will undoubtedly make to the development of Lonmin".
- ENDS -
ENQUIRIES
Investors / Analysts:
Lonmin
Tanya Chikanza (Head of Investor Relations)
| +27 11 218 8358 / +44 20 7201 6007 |
Media:
Cardew Group
Anthony Cardew/James Clark
| +44 20 7930 0777 |
Sue Vey | +27 72 644 9777 |
Brunswick - Johannesburg
Tim Schultz | +27 11 502 7400 / +27 82 309 2496 |
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 operations are situated in the Bushveld 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. Lonmin's mining operations extract ore from which the Process Division produces refined PGMs for delivery to customers. 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
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Lonmin