Grant of Options

26 Jan 2006 10:17

Lonrho Africa PLC26 January 2006 For immediate release 26 January 2006 Lonrho Africa Plc ("Lonrho Africa" or "the Company") Grant of Options Lonrho Africa announces that the Board of the Company yesterday approved theadoption of a new unapproved share option scheme and granted thereunder optionsover 3,500,000 ordinary shares of 1p each in the share capital of the Company("Shares") to David Lenigas, the Company's Chief Executive Officer. The details of the grant to David Lenigas are as follows: Number of Exercise Date of Period during Total number of shareshare options price disclosure and which options held followinggranted transaction exercisable this grant 3,500,000 17p 25 January 25 January 3,500,000 2006 2006 - 24 January 2011 In addition, options over a further 1,000,000 Shares were granted to anotheremployee of the Company on identical terms. This information is provided by RNS The company news service from the London Stock Exchange