13 July, 2010
Further to the announcement made on 10 May 2010, Lonmin Plc ("Lonmin") is pleased to confirm that Shanduka Resources (Proprietary) Limited now owns 50.03% of Incwala Resources (Proprietary) Limited ("Incwala"), Lonmin’s Black Economic Empowerment partner, as all conditions precedent have been satisfied and the transaction is now complete. Consequently, Lonmin is pleased to announce that Cyril Ramaphosa has today been appointed to the Lonmin board as a non-executive director.
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