GLENCORE DISTRIBUTION IN SPECIE OF LONMIN STAKE

7 May 2015

GLENCORE'S DISTRIBUTION IN SPECIE OF ITS LONMIN SHAREHOLDING

AND LONMIN DIRECTORATE CHANGE

The Board of Lonmin Plc ("Lonmin" or the "Company") notes that shareholders of Glencore plc ("Glencore") have today voted in favour of the resolution relating to the distribution in specie of Glencore's 23.9 per cent shareholding in Lonmin to Glencore shareholders.

Glencore's nominated representatives on the Lonmin Board, Gary Nagle and Paul Smith, have resigned and will cease to be directors of the Company with effect from the close of business on 8 May 2015.

Brian Beamish, Chairman of Lonmin "thanked Gary and Paul for their constructive input and support to the Board and management since they joined the Board in September 2013. They leave with our best wishes".

END