Lonrho Regulatory News (LONR)

9 Jan 2008 13:21

Lonrho PLC09 January 2008 9 January 2008 LONRHO PLC TR-1: Notifications of Major Interests in Shares 1. Identity of the issuer or the underlying LONRHO PLCissuer of existing shares to which voting rightsare attached: 2. Reason for notification (please tick the appropriate box or boxes) An acquisition or disposal of voting rights X An acquisition or disposal of financial instruments which may result in the acquisitionof shares already issued to which voting rights are attached An event changing the breakdown of voting rights Other (please specify): 3. Full name of person(s) subject to notificationobligation: OSPRAIE MANAGEMENT, LLC 4. Full name of shareholder(s) (if different from SEE SECTION 9 BELOW3): 5. Date of transaction (and date on which thethreshold is crossed or reached if different): 07/01/2008 6. Date on which issuer notified: 07/01/2008 7. Threshold(s) that is/are crossed or reached: 6.00% (The Ospraie Portfolio Ltd.) and 8.00% (Ospraie Management, LLC) 8. Notified Details A: Voting rights attached to sharesClass/type of Situation previous to Resulting situation after the triggering transactionshares the triggering transactionIf possibleuse ISIN code Number of Number of Number of Number of voting rights Percentage of voting Shares voting shares rights rights Direct Indirect Direct Indirect GB0002568813 27,627,143 9.97% n/a n/a 25,449,512 n/a 7.91% *as of *as of (Ospraie (Ospraie previous previous Management Management filing on filing on LLC) LLC) 18/10/2007 18/10/2007 21,750,575 6.76% 18,159,076 n/a 5.64% *as of *as of (The Ospraie (The Ospraie previous previous Portfolio Portfolio filing on filing on Ltd.) Ltd.) 18/10/2007 18/10/2007 B: Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration date Exercise / No. of voting rights that % of votinginstrument Conversion Period/ may be acquired (if the rights Date instrument 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 7.91% 9. Chain of controlled undertakings through which the voting rights and /or the financial instrumentsare effectively held, if applicable: IN THE NARRATIVE BELOW, THE FIGURES IN BRACKETS INDICATE THE AMOUNT OF VOTING RIGHTS AND THEPERCENTAGE HELD BY CONTROLLED UNDERTAKINGS WHERE RELEVANT. OSPRAIE MANAGEMENT, LLC (25,449,512; 7.91%), A DISCRETIONARY INVESTMENT MANAGER, IS A CONTROLLER OFTHE OSPRAIE PORTFOLIO LTD (18,159,076; 5.64%). OSPRAIE ADVISORS, L.P. ("OSPRAIE ADVISORS), A DISCRETIONARY INVESTMENT MANAGER, IS A CONTROLLER OFTHE OSPRAIE SPECIAL OPPORTUNITIES MASTER HOLDINGS LTD (7,290,436; 2.27%). OSPRAIE ADVISORS, LLC, INITS CAPACITY AS GENERAL PARTNER, IS A CONTROLLER OF OSPRAIE ADVISORS. OSPRAIE MANAGEMENT, LLC, INITS CAPACITY AS MANAGING MEMBER, IS A CONTROLLER OF OSPRAIE ADVISORS, LLC. Proxy Voting: 10. Name of 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 N/Arights: 13. Additional information: THE SHARES REFERRED TO IN SECTION 9 ABOVE ARE HELD IN PORTFOLIOS MANAGED BY THOSE FIRMS ON A DISCRETIONARY BASIS FOR ITS CLIENTS. 14. Contact name: Jim Hughes 15. Contact telephone name: +44 (0)20 7016 5100 This information is provided by RNS The company news service from the London Stock Exchange