Holding(s) in Company

For filings with the FSA include the annex

For filings with issuer exclude the annex

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

Lonrho PLC

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

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

X

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to thenotification obligation: iii

H21 Macro Ltd.

4. Full name of shareholder(s)  (if different from 3.):iv

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

26. September 2012

6. Date on which issuer notified:

7. Threshold(s) that is/are crossed orreached: vi, vii

Over 15%

8. Notified details:

A: Voting rights attached to shares viii, ix

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

CFD's

GB0002568813

213'562'417

Nominal

Delta

13.6%

1

Convertible Bond

ISIN: XS0549738531

0.2474

15. October 2015

1. November 2010

-8. October 2015

23'205'901

Nominal

Delta

1.5%

0.41

Total (A+B+C)

Number of voting rights

Percentage of voting rights

236'768'318

51.1% (13.6%+1.48)

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

H21 Macro Ltd -> UBS as Prime Broker

Proxy Voting:

10. Name of the proxy holder:

UBS AG (Prime Broker)

11. Number of voting rights proxy holder will ceaseto hold:

12. Date on which proxy holder will cease to holdvoting rights:

13. Additional information:

14. Contact name:

Jim Hughes

15. Contact telephone number:

+44 (0) 207 016 5105

Note: Annex should only be submitted to the FSA not the issuer

Annex: Notification of major interests in sharesxxii

A: Identity of the persons or legal entity subject to the notification obligation

Full name

(including legal form of legal entities)

H21 Macro Limited

Contact address

(registered office for legal entities)

Horizon21 AG, Poststr. 4, 8808 Pfäffikon SZ, Switzerland

Phone number & email

+41 55 415 2440

Other useful information

(at least legal representative for legal persons)

Adrian Janser, [email protected]

B: Identity of the notifier, if applicable

Full name

Contact address

Phone number & email

Other useful information

(e.g. functional relationship with the person or legal entity subject to the notification obligation)

C: Additional information

For notes on how to complete form TR-1 please see the FSA website.