?

16 January 2013

Notification of Transactions of Directors and Persons Discharging Managerial Responsibilities ("PDMRs")

Pursuant to DTR 3.1.4 R, Lonmin Plc (the "Company") confirms that nil cost options were granted on 15 January 2013 under the Company's Annual Share Award Plan ("ASAP Awards") to Simon Scott, Acting Chief Executive and Chief Financial Officer, and the PDMRs listed below.

Director/PDMR

Position

Number of shares

Simon Scott

Acting CEO/CFO

44,171

Albert Jamieson

Chief Commercial Officer

44,293

Barnard Mokwena

Executive Vice-President Human Capital and External Affairs

37,465

Mark Munroe

Executive Vice-President Mining

42,654

Natascha Viljoen

Executive Vice-President Processing

39,209

As in the previous year, the participants' bonus paid under the Balanced Scorecard Bonus Plan is matched with ASAP Awards of an equivalent gross amount, which are settled in shares at the point of exercise.

ASAP Awards are not subject to a post-grant performance condition as the FY2012 bonus plan acts as a pre-grant condition.  They will vest on the third anniversary of the date of grant (subject to continued employment) and can be exercised at any time during the seven year period thereafter.

END


This information is provided by RNS
The company news service from the London Stock Exchange

RNS news service provided by Hemscott Group Limited.

distributed by