Update on Protected Strike Action

Lonmin Plc4 Grosvenor PlaceLondon SW1X 7YLUnited Kingdom

T: +44 (0)20 7201 6000F: +44 (0)20 7201 6100

www.lonmin.com

REGULATORY RELEASE

6 May 2014

Update on Protected Strike Action

The following statement was released in Johannesburg by Lonmin Plc ("Lonmin" or "the Company") yesterday, in conjunction with Anglo American Platinum Limited and Impala Platinum Holdings Limited:

Platinum wage strikes: update

Johannesburg, 5 May 2014: Anglo American Platinum Limited (Amplats), Impala Platinum Holdings Limited (Implats) and Lonmin Plc (Lonmin) advise that, regrettably, the Association of Mineworkers and Construction Union (AMCU) has informed the companies of the union's decision to continue with the strike which is entering its 15th week.

The companies were advised of this decision by AMCU leadership at a meeting this afternoon. AMCU's decision is disappointing as the companies' efforts to develop a new offer that is affordable and sustainable was designed to come as close as possible to meeting the union's demand. The companies note that AMCU has also made no effort to suggest a solution to a strike which, as is well documented, is causing deep and adverse impacts on employees, their communities and the local Rustenburg economy as a whole.

The companies will continue their direct approaches to employees:

None of the companies have set final acceptance dates; nor have they presented ultimatums to employees.

Regrettably, the companies have received feedback from a large number of employees that while they would prefer to accept the offer and return to work, many are fearful of doing so due to the threats to their personal safety. The respective company security teams have documented dozens of incidents of threats of personal harm by faceless individuals, or by strike leaders from AMCU meeting platforms, aimed at groups or individuals who are at work, or who might be contemplating a return to work. There have been numerous assaults perpetrated on employees at work or on their way to or from work. While criminal cases have been opened, unfortunately there have been only a limited number of arrests.

The companies call on AMCU leadership to take responsibility for discouraging, threatening or other criminal behaviour directed either against their own members or against management staff seeking to persuade their members to return to work.

To date, the strike has cost employees some R7.3 billion in lost income and the producers around R16.4 billion in lost revenue.

-ENDS-

ENQUIRIES

Investors / Analysts:

Lonmin

Tanya Chikanza - Head of Investor Relations

Floyd Sibandze - Investor Relations Manager

+44 20 7201 6000

+27 11 218 8300

Media:

Cardew Group

Anthony Cardew / James Clark

Sue Vey

+44 20 7930 0777

+27 72 644 9777

Notes to editors

Lonmin, which is listed on both the London Stock Exchange and the Johannesburg Stock Exchange, is one of the world's largest primary producers of PGMs. These metals are essential for many industrial applications, especially catalytic converters for internal combustion engine emissions, as well as their widespread use in jewellery.

Lonmin's operations are situated in the Bushveld Complex in South Africa, where nearly 80% of known global PGM resources are found.

The Company creates value for shareholders through mining, refining and marketing PGMs and has a vertically integrated operational structure - from mine to market. Lonmin's mining operations extract ore from which the Process Division produces refined PGMs for delivery to customers. Underpinning the operations is the Shared Services function which provides high quality levels of support and infrastructure across the operations.

Announcements relating to the situation can be found on Lonmin's website at: http://www.lonmin.com