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Notification of Interests

26th Feb 2008 10:57

Lonrho PLC26 February 2008 26 February 2008 LONRHO PLC TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached: Lonrho Plc 2. Reason for the notification (please place an X inside the appropriate bracket/s): An acquisition or disposal of voting rights: ( ) An acquisition or disposal of financial instruments which may result in theacquisition of shares already issued to which voting rights are attached: ( ) An event changing the breakdown of voting rights: (X) Other (please specify) : ( ) ................. 3. Full name of person(s) subject to the notification obligation: Ospraie Management, LLC 4. Full name of shareholder(s) (if different from 3.) : See section 9 below 5. Date of the transaction (and date on which the threshold is crossed orreached if different): 20 February 2008 6. Date on which issuer notified: 22 February 2008 7. Threshold(s) that is/are crossed or reached: 5.00% (The Ospraie Portfolio Ltd.) and 7.00% (Ospraie Management, LLC) 8. Notified details: A: Voting rights attached to shares Class/type of shares if possible Situation previous to the Triggering transactionusing the ISIN CODE Number of shares Number of voting Rights GB0002568813 25,449,512 7.91% *as of previous filing on 7/1/08 *as of previous filing on 7/1/08 18,159,076 5.64% *as of previous filing on 7/1/08 *as of previous filing on 7/1/08 Resulting situation after the triggering transaction Class/type of shares if Number of shares Number of voting rights % of voting rightspossible using the ISIN CODE Direct Direct Indirect Direct Indirect GB0002568813 n/a n/a 25,449,512 n/a 6.72% (Ospraie (Ospraie Management, LLC) Management, LLC) 18,228,076 n/a 4.81% (The Ospraie (The Ospraie Portfolio Ltd.) Portfolio Ltd.) B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration Date Exercise/Conversion Number of voting rights % of voting rightsfinancial Period/ Date that may be acquired if theinstrument instrument is exercised/ converted. n/a n/a n/a n/a n/a Total (A+B)Number of voting rights % of voting rights 25,449,512 6.72% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: In the narrative below, the figures in brackets indicate the amount of votingrights and the percentage held by controlled undertakings where relevant. Ospraie Management, LLC (25,449,512; 6.72%), a discretionary investment manager,is a controller of The Ospraie Portfolio Ltd (18,228,076; 4.81%). Ospraie Advisors, L.P. ("Ospraie Advisors"), a discretionary investment manager,is a controller of The Of Ospraie Special Opportunities Master Holdings Ltd(7,221,436; 1.91%). Ospraie Advisors LLC, in its capacity as general partner,is a controller of Ospraie Advisors. Ospraie Management, LLC, in its capacity asmanaging member, is a controller of Ospraie Advisors, LLC. Proxy Voting: 10. Name of the proxy holder: n/a 11. Number of voting rights proxy holder will cease to hold: n/a 12. Date on which proxy holder will cease to hold voting rights: n/a 13. Additional information: The share referred to in Section 9 above are held in portfolios managed by thosefirms on a discretionary basis for its client. 14. Contact name: Jim Hughes 15. Contact telephone number: +44(0)20 7016 5105 This information is provided by RNS The company news service from the London Stock Exchange

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