Issuance of Shares and Total Voting Rights

4 December 2014

Lonmin Plc

Issuance of Shares and Total Voting Rights update

Pursuant to the Lonmin Plc ("Lonmin") announcement dated 26 November 2014 in respect of the conditions precedent relating to the transaction with the Bapo Ba Mogale Traditional Community ("the Bapo") being fulfilled, Lonmin has satisfied its obligation to allot and issue a total of 13,125,436 new ordinary shares of US$1 each in Lonmin to the Bapo (the "New Ordinary Shares"). The New Ordinary Shares will rank pari passu with the existing ordinary shares of the Company.

The Financial Conduct Authority (the "FCA") has approved the admission of the New Ordinary Shares to the Official List and the London Stock Exchange has granted permission for the New Ordinary Shares to be admitted to trading. The Johannesburg Stock Exchange has also approved the admission of the New Ordinary Shares.

The New Ordinary Shares represent approximately 2.25% of the enlarged issued share capital of Lonmin immediately after the issue of the New Ordinary Shares and, as a result, following issue of the New Ordinary Shares, Lonmin's capital will consist of 583,786,213 Ordinary Shares of US$1 each. Lonmin does not currently have any shares in Treasury and, therefore, the total number of voting rights in Lonmin will now be 583,786,213.

The above figure can be used by shareholders as the denominator for the calculations by which to determine if they are required to notify their interest in, or a change in their interest in, Lonmin under the FCA's Disclosure and Transparency Rules.

ENQUIRIES

Investors / Analysts

Lonmin Plc

Tanya Chikanza +27 11 218 8358 / +44 20 7201 6007

Floyd Sibandze +27 11 218 8300

Media

Cardew Group

James Clark +44 20 7930 0777

Sue Vey +27 72 644 9777