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Increase of Conversion Amount

16th Sep 2005 17:24

Lonmin PLC16 September 2005 16 September 2005 NOTICE TO BONDHOLDERS Lonmin plc (the Issuer) US$215,795,000 3.75 per cent. Convertible Bonds due 2008 (the Bonds) (ISIN: XS0177384962) Notice of increase of Conversion Amount Notice is given to the holders of the Bonds that on and with effect from 23September 2005, the Conversion Amount will be increased by US$333.3315 toUS$1,000 in respect of each US$1,000 principal amount of Bonds and the CashSettled Amount will be accordingly reduced to zero. Accordingly, upon exerciseof a Conversion Right, each Bond will be converted wholly into ordinary sharesof the Issuer, subject to the terms and conditions of the Bonds, including,without limitation, the Issuer's right to make a Cash Alternative Election.Capitalised terms used in this Notice shall have the respective meanings givenin the Bonds. This information is provided by RNS The company news service from the London Stock Exchange

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Lonmin
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Value8,699.31
Change14.75