Holding(s) in Company

TR-1 Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Lonrho Plc

(the "Company")

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

No

An event changing the breakdown of voting rights

Yes

Other (please specify):

No

3. Full name of person(s) subject to the notification obligation:

Mackenzie Cundill Investment Management Ltd. On behalf of itself and Mackenzie Financial Corporation (which has an individual notification obligation)

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

Mellon Nominees (UK) Ltd.

(123,408,213 voting rights)

Chase Nominees Limited

(5,000,000 voting rights

5. Date of the transaction and date on which the threshold is crossed or reached: v

28 May, 2010

6. Date on which issuer notified:

28 May, 2010

7. Threshold(s) that is/are crossed or reached:

12% (see box 9)

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

Indirect

Direct

Indirect

Direct

Indirect

GB0002568813

128,408,213 (see box 9)

128,408,213 (see box 9)

11.75%

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

Total (A+B)

Number of voting rights

Percentage of voting rights

128,408,213

11.75%

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

11.30% of the voting rights are held by Mackenzie Cundill Investment Management Ltd., as investment manager which has a disclosable interest as a result of DTR 5.2.1 R(h).

0.45% of the voting rights are held by Mackenzie Cundill Investment Management (Bermuda) Ltd., as investment manager, which has an interest but no individual disclosure obligation.

Mackenzie (Rockies) Corp. Is a 100% shareholder of Mackenzie Cundill Investment Management (Bermuda) Ltd.

Mackenzie Financial Corporation is a 100% shareholder of Mackenzie Cundill Investment Management Ltd. and Mackenzie (Rockies) Corp. And has an indirect holding of 11.75% as a result of DTR 5.2.1 R(e).

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

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

13. Additional information:

14. Contact name:

Jim Hughes

15. Contact telephone number:

+44 20 7016 5105