Lonrho Regulatory News (LONR)

24 Oct 2007 08:00

Lonrho PLC24 October 2007 24th October 2007 LONRHO PLC (Lonrho or the 'Company') Lonrho announces expansion of Fly540 African fleet with three BAE 146 aircraft Lonrho (AIM: LONR), the conglomerate with a structured portfolio of Africaninvestments, is pleased to announce that it is adding three BAE 146 aircraft toits African fleet. The aircraft, two BAE 146-300 100 seaters and one BAE 146-200 70 seater will bedelivered within the next eight weeks and will expand the Fly540 operationalnetwork across sub-Saharan Africa. These aircraft are part of a planned rollout of twelve aircraft for the Companyover the coming year. This will continue to develop the airline model from itsoperational base in Kenya to other hubs across sub-Saharan Africa. The Fly540 airline model is to create a mixed fleet of jets and turbo props thatprovide East to West and North to South pan African transport routes. TheCompany deploys modern aircraft, operated to international standards. David Lenigas, Lonrho's Executive Chairman commented: "Fly540's success in Kenya has demonstrated the market demand for a qualityairline operating across the African continent. I am delighted that Fly540 isnow the choice of international carriers for flying their passengers withinAfrica. Fly540 is set to fly to eight African countries early in 2008." ENQUIRIES Lonrho Plc +44 (0)20 7016 5105David Lenigas, Executive Chairman +44 (0)7881 825 378Geoffrey White, Chief Executive Officer +44 (0)7717 307 308Emma Priestley, Executive Director +44 (0)7867 785 177 Pelham PRCharles Vivian +44 (0) 20 7743 6672 +44 (0) 7977 297903James MacFarlane +44 (0) 20 7743 6375 +44 (0) 7841 672831 Collins Stewart EuropeHugh Field +44 (0) 20 7523 8350Jonny Sloan 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.com• Luba Freeport - www.lubafreeport.com• Fly540 - www.fly540.com• Norse Air - www.norseair.co.za• Swissta Holdings - www.swissta.com• SA Independent Liner Services• Bytes and Pieces• Celsys Limited - www.celsys.co.zw This information is provided by RNS The company news service from the London Stock Exchange