Holding(s) in Company

5th Jun 2009 16:39

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:			LONMIN PLC
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights				YES
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation:		XSTRATA ZINC BV
4. Full name of shareholder(s)  (if different from 3.):		N/A
5. Date of the transaction and date on which the threshold is crossed or reached:		4 JUNE 2009
6. Date on which issuer notified:		5 JUNE 2009
7. Threshold(s) that is/are crossed or reached:		AS NOTIFIED ON 2 JUNE 2009, XSTRATA ZINC BV HAD, AT THAT TIME, A HOLDING OF NIL PAID RIGHTS CARRYING THE RIGHT TO SUBSCRIBE FOR NEW ORDINARY SHARES (“NEW ORDINARY SHARES”) PURSUANT TO THE RIGHTS ISSUE ANNOUNCED BY LONMIN ON 11 MAY 2009 (THE “RIGHTS ISSUE”). IN ADDITION, XSTRATA ZINC BV HAD A HOLDING OF ORDINARY SHARES WHICH REPRESENTED 24.67% OF LONMIN’S THEN ISSUED ORDINARY SHARE CAPITAL. FOLLOWING THE TAKE UP OF ITS FULL ENTITLEMENTS UNDER THE RIGHTS ISSUE XSTRATA ZINC BV RECEIVED 8,653,204 NEW ORDINARY SHARES ON 4 JUNE 2009. FOLLOWING THE ISSUE OF ALL OF THE NEW ORDINARY SHARES UNDER THE RIGHTS ISSUE, XSTRATA ZINC BV’S PERCENTAGE INTEREST IN VOTING RIGHTS REMAINS UNCHANGED AT 24.67%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

Lonmin Ordinary Shares

38,939,421

38,939,421

47,592,625

47,592,625

24.67

GB0031192486

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ Conversion Period

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date

Exercise/ Conversion period

Number of voting rights instrument refers to

% of voting rights

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

47,592,625

REMAINS UNCHANGED AT 24.67% FOLLOWING THE ISSUE OF THE NEW ORDINARY SHARES UNDER THE RIGHTS ISSUE

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
XSTRATA ZINC BV, XSTRATA (SCHWEIZ) AG AND XSTRATA PLC
Proxy Voting:
10. Name of the proxy holder:		N/A
11. Number of voting rights proxy holder will cease to hold:		N/A
12. Date on which proxy holder will cease to hold voting rights:		N/A
13. Additional information:	THIS NOTIFICATION IS BEING MADE FOLLOWING XSTRATA ZINC BV’S PREVIOUS NOTIFICATION ON 2 JUNE 2009.   XSTRATA ZINC BV HAD, AT THAT TIME, A HOLDING OF NIL PAID RIGHTS CARRYING THE RIGHT TO SUBSCRIBE FOR NEW ORDINARY SHARES PURSUANT TO THE RIGHTS ISSUE. IN ADDITION, XSTRATA ZINC BV HAD A HOLDING OF ORDINARY SHARES WHICH REPRESENTED 24.67% OF LONMIN’S THEN ISSUED ORDINARY SHARE CAPITAL. FOLLOWING THE TAKE UP OF ITS FULL ENTITLEMENTS UNDER THE RIGHTS ISSUE XSTRATA ZINC BV RECEIVED 8,653,204 NEW ORDINARY SHARES ON 4 JUNE 2009. FOLLOWING THE ISSUE OF ALL OF THE NEW ORDINARY SHARES UNDER THE RIGHTS ISSUE, XSTRATA ZINC BV’S PERCENTAGE INTEREST IN VOTING RIGHTS REMAINS UNCHANGED AT 24.67%
14. Contact name:	Seema Kamboj, Lonmin plc
15. Contact telephone number:	020 7201 6053

ENDHOLUVOVRKVRNRAR

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Related Shares:

Lonmin