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Increase in Nare Stake

22 Jun 2007 17:46

Lonrho PLC22 June 2007 22 June 2007 LONRHO PLC ("Lonrho" or the "Company") Increase in Nare Diamonds Shareholding Lonrho (AIM: LONR), the African conglomerate with a diverse portfolio ofinvestments ranging from infrastructure, transportation, support services andnatural resources, announces today that it has increased its shareholding inNare Diamonds Limited ("Nare") to 23,194,352 Ordinary Shares which represents20.26% of the issued share capital of Nare. This is an increase in Lonrho'sshareholding from 19.05%. Enquiries: For further information, please contact: Lonrho Africa Plc +44 (0) 20 7016 5105David Lenigas, Chief Executive +44 (0)7881 825 378Emma Priestley, Executive Director +44 (0)7867 785 177 Pelham PRCharles Vivian +44 (0) 20 7743 6672 +44 (0) 7977 297 903Alisdair Haythornthwaite +44 (0) 20 7743 6676 +44 (0) 771 472 1379 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)Nare Diamonds - www.narediamonds.comBrinkley Mining - www.brinkley-mining.comLuba Freeport - www.lubafreeport.comFly540 - www.fly540.comNorse Air - www.norseair.co.zaSwissta Holdings - www.swissta.comCountermine plc - www.countermine.com This information is provided by RNS The company news service from the London Stock Exchange
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