Final Dividend - USD/Rand exchange rate

Final Dividend - USD/Rand exchange rate

The Company announced on 14 November 2011 that the exchange rate to be used to determine the rand equivalent of the final dividend for the year ended 30 September 2011 (payable on 3 February 2012) would be calculated on 29 December 2011.

Shareholders are hereby advised that the exchange rate to be used will be US$1 = R8.13275. This has been calculated as the average of the bid/ask spread as at noon South African time on 29 December 2011.

Consequently, the Rand value of the cash entitlement of 15 US cents per share will be 121.99125 South African cents per share.

Transfers will not be permitted between the UK principal register and the SA branch register from 29 December 2011 until the record date, 13 January 2012 (i.e. first date to transfer 16 January 2012).

Enquiries:

Lonmin Plc

Tanya Chikanza

+44 (0) 20 7201 6060

Head of Investor Relations

Registrars:

Equiniti Registrars

0871 384 2052 (UK callers)

+44 121 415 0230 (int. callers)

Link Market Services South Africa (Pty) Limited

+27 (0)11 713 0800