Lonmin Regulatory News (LMI)

13 March 2018

Retirement of non-executive director and withdrawal of resolution

Lonmin Plc ("Lonmin" or the "Company") announces that Dr Len Konar, who has been a non-Executive Director of the Company since 2010, has decided to retire from the Lonmin Board with effect from 14 March 2018 and will be pursuing an international opportunity.

Lonmin's Chairman, Brian Beamish, said "On behalf of my colleagues on the Board, I would like to thank Len for his contribution and commitment to the Board and the Company during his eight years at Lonmin. The Board would like to wish Len every success for the future."

As a consequence, Resolution 9 relating to the re-election of Dr Konar that was to be considered at the Company's Annual General Meeting on 15 March 2018 will be withdrawn. The withdrawal of this item of business does not affect the validity of the proxy form or any proxy votes that have already been made in respect of other Resolutions.

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ENQUIRIES

Investors / Analysts:

Tanya Chikanza (Executive Vice President: Corporate

Strategy, Investor Relations and Corporate Communications) +44 203 908 1073 / +27 14 571 2070

Andrew Mari (Investor Relations Manager) +27 14 571 2070

Media:

Wendy Tlou (Head of Corporate Communications) +27 83 358 0049

Anthony Cardew / David Roach, Cardew Group +44 207 930 0777

Additional Information

The release, publication or distribution of this announcement in certain jurisdictions may be restricted by law. Persons who are not resident in the United Kingdom or who are subject to the laws of other jurisdictions should inform themselves of, and observe, any applicable requirements. Any failure to comply with applicable requirements may constitute a violation of the securities law of any such jurisdiction.

This announcement is not intended to, and does not, constitute or form part of any offer, invitation or the solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities whether pursuant to this announcement or otherwise.

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 Igneous Complex in South Africa, where more than 70% of known global PGM resources are located.

The Company creates value through mining, refining and marketing PGMs and has a vertically integrated operational structure - from mine to market. Underpinning the operations is the Shared Services function which provides high quality levels of support and infrastructure across the operations.

For further information please visit our website: http://www.lonmin.com