Share issue to easygroup and Lonrho

2 August 2012

Lonrho Plc

("Lonrho")

Rubicon News Releases

Lonrho advises that Rubicon Diversified Investments Plc has today made the following news/media releases:

1. Rubicon (AIM:RUBI) announces that easyGroup Holdings Ltd ("eGH"), a Company controlled by Sir Stelios Haji-Ioannou, will be issued with 93,327,995 new ordinary shares of 1p each of the Company ("Shares") as agreed in the exclusive FastJet Brand Licence entered into on 3rd May 2012. Following the issue of these Shares eGH will hold 5.00% of the fully diluted share capital of the Company.

In addition, eGH has been granted options over 207,395,455 Shares, representing 10% of the enlarged fully diluted share capital, at an exercise price of 5.2p per share. These options vest immediately and are exercisable at any time up to and including 2 August 2014.

Following Admission of the Shares, which is expected to take place on 7 August 2012, the Company will have 1,542,658,090 ordinary shares in issue. This figure may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

Rubicon's Executive Chairman, David Lenigas, stated:

"Sir Stelios's easyGroup Holdings Ltd now holds 5% of the fully diluted shares of Rubicon and an option to acquire another 10% of the Company for 2 years at an exercise price of 5.2 pence per share. The Company is delighted to welcome easyGroup as a significant shareholder in the Company, as we move forward to launching Africa's first true Low Cost Airline."

2. Rubicon (AIM:RUBI) further announces that, as set out in the Admission Document dated 13 June 2012, application has been made for 177,476,684 new ordinary shares of 1p each in the share capital of the Company (the "Tranche B Consideration Shares"), issued to Lonrho Support Services Limited (a wholly owned subsidiary of Lonrho Plc) in satisfaction of the Acquisition Agreement, to be admitted to trading on AIM.

Following issue of the Tranche B Consideration Shares Lonrho Plc's total beneficial interest in the Company will be 1,160,037,455 ordinary shares, representing 67.4% of the issued share capital of the Company.

Following Admission of the Shares, which is expected to take place on 7 August 2012, the Company will have 1,720,134,774 ordinary shares in issue. This figure may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

Defined terms in this announcement have the meanings defined in the admission document dated 13 June, which is available from the Company's website: www.rubicondiv.co.uk

For further information please contact:

Lonrho Plc +44 (0) 20 7016 5105

David Lenigas

Geoffrey White

David Armstrong

FTI Consulting +44 (0) 20 7831 3113

Edward Westropp

Georgina Bonham

Jefferies Hoare Govett +44 (0) 20 7029 8000

Sara Hale

Harry Nicholas

Simon Brown