Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

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

Lonrho 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

No

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

No

An event changing the breakdown of voting rights

No

Other (please specify):

Increase in Total Voting Rights

No

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

Zesiger Capital Group LLC ("ZCG"), as investment adviser

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

Various discretionary accounts that ZCG manages

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

29 December 2009

6. Date on which issuer notified:

30 December 2009 

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

Below 3% 

8. Notified details:

A: Voting rights attached to shares viii, ix

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 x

Indirect

Direct xi

Indirect xii

Direct

Indirect

GB0002568813

Below 3%

Below 3%

87,966,000

87,966,000

8.4%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

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 xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

87,966,000

8.4%

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

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:

All shares are held indirectly by various discretionary accounts that ZCG manages. ZCG has voting discretion with respect to some but not all accounts.

The above percentages were calculated based on our understanding that the Company has 1,050,282,213

14. Contact name:

Jim Hughes

15. Contact telephone number:

+44 20 7016 5105