30th Oct 2007 07:01
Lonrho PLC30 October 2007 30th October 2007 LONRHO PLC (Lonrho or the 'Company') Lonrho announces that Nare Diamonds EGM approves the change of name to Lonrho Mining Lonrho (AIM: LONR), the conglomerate with a structured portfolio of Africaninvestments, is pleased to announce that at an EGM of shareholders of NareDiamonds Limited, the African diamond mining company in which it holds a 21.94%interest, held in Perth on Friday 26th October, Nare changed its name to LonrhoMining Limited. The change in name will permit Lonrho Mining to benefit from the unique brandname and reputation of Lonrho throughout Africa. David Lenigas, Lonrho's Executive Chairman commented: "Lonrho's significant stake in Lonrho Mining, in conjunction with the Boardpositions taken by Lonrho Directors, provides Lonrho with a vehicle that canaccess, assess, evaluate and selectively develop the flow of potential naturalresource transactions that the Lonrho name generates." ENQUIRIES Lonrho Plc +44 (0)20 7016 5105David Lenigas, Executive Chairman +44 (0)7881 825 378Geoffrey White, Chief Executive Officer +44 (0)7717 307 308Emma Priestley, Executive Director +44 (0)7867 785 177 Pelham PRCharles Vivian +44 (0) 20 7743 6672 +44 (0) 7977 297903Alisdair Haythornthwaite +44 (0) 20 7743 6676 +44 (0) 7714 721379 Collins Stewart EuropeHugh Field +44 (0) 20 7523 8350Jonny Sloan NOTES TO EDITORS About LONRHO: Lonrho Plc is an expanding conglomerate that is rapidly growing a successfulbusiness throughout Africa. The Company is listed on the London AIM stockexchange (LONR). Lonrho is strategically focused on the development of businessopportunities in infrastructure, transportation, support services and naturalresources. The Company has over 20,000 shareholders and substantialinstitutional backing to support its mandate to build a profitable business thatplays a fundamental role in the development of the African economy. Since 2006, the Company has invested in or acquired control of: • Hotel Cardoso - www.hotelcardoso.co.mz (retained) • Lonrho Mining - www.lonrhomining.com • Luba Freeport - www.lubafreeport.com • Fly540 - www.fly540.com • Norse Air - www.norseair.co.za • Swissta Holdings - www.swissta.com • SA Independent Liner Services • Bytes and Pieces • Celsys Limited - www.celsys.co.zw This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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