LONR Lonrho

RNS Number:7716F
Lonrho PLC
16 October 2007

16 October 2007



                                   Lonrho Plc

                          ("Lonrho" or "the Company")



                        Lonrho Acquires 51% of KwikBuild





Lonrho (AIM: LONR) is pleased to announce that it has acquired 51% of KwikBuild
Corporation Limited ("KwikBuild"), providers of innovative cost-efficient
building solutions, for #2.1m of which #1m has been injected as working capital
into the business.  This acquisition is in line with Lonrho's strategy for
investment in infrastructure in Africa.



KwikBuild uses lightweight building products for rapid and in-expensive
construction and has completed projects in South Africa, Angola, Zambia and
Mozambique.  The existing production is located in Johannesburg, South Africa
with a further plant being established in Port Elizabeth, South Africa.



All KwikBuild structures can be erected on any terrain by semi-skilled labour
using a dry building process without the need for costly steel or wooden frames.
The building materials are weatherproof, fire resistant and provide good
insulation.



Lonrho's acquisition of KwikBuild allows for the immediate expansion of
KwikBuild's successful South African business model, and KwikBuild will be able
to capitalise on Lonrho's African network to access to new markets.



To date, KwikBuild has focussed on large-scale public sector projects. In South
Africa, these include providing social housing to the Ministry of Housing;
schools to the Ministry of Education, accommodating over 5,000 children; and
medical clinics and laboratories for the Department of Health. Similar projects
have been completed in Angola, Zambia and Mozambique.



KwikBuild structures are also being used by a leading telecom provider in South
Africa, which required buildings to operate and manage their GSM cellular
network. Leading mining companies have also used the Kwikbuild structures for
their offices and accommodation.



In South Africa, there is immediate demand for 4 million low-cost homes.
Presently, KwikBuild is negotiating with local authorities for the
re-development of shanty towns.



David Lenigas, Executive Chairman of Lonrho Plc, commented:



"We expect significant uptake of KwikBuild systems across Africa in public works
projects for housing, schools, hospitals and government offices.  The
acquisition of KwikBuild by Lonrho is an essential part of our longer-term
strategy to invest in responsible African infrastructure growth."






ENQUIRIES


Lonrho Plc
Geoff White, Chief Executive                                +44 (0) 20 7016 5105
Emma Priestley, Executive Director

Pelham PR
Candice Sgroi                                               +44 (0) 20 7743 6376
                                                            +44 (0) 7894 462 114
Alisdair Haythornthwaite                                    +44 (0) 20 7743 6676
                                                            +44 (0) 7714 721379

Collins Stewart Europe
Hugh Field                                                  +44 (0) 20 7523 8350
Jonny Sloan



NOTES TO EDITORS



About LONRHO:



Lonrho Plc is an expanding conglomerate that is rapidly growing a successful
business throughout Africa.  The Company is listed on the London AIM stock
exchange (LONR). Lonrho is strategically focused on the development of business
opportunities in infrastructure, transportation, support services and natural
resources. The Company has over 20,000 shareholders and substantial
institutional backing to support its mandate to build a profitable business that
plays 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 - www.saliners.com

*               Bytes & Pieces - www.bytesandpieces.com

*               Celsys Limited - www.celsys.co.zw





KWIKBUILD CONSTRUCTION SYSTEMS



KwikBuild provides quality easy to handle interlocking panels to build
structures for homes, offices, commercial premises and hotels. The buildings use
90% less quarried materials than conventional build structures.



The KwikBuild factory can currently produce up to 10,000 single bedroom units
per annum, these houses are fully weather proof and have good insulation.  They
can be erected in a day on a pre-laid concrete base and can be customised to the
clients' requirements.



                                     --oo--


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