LONR Lonrho

Lonrho PLC
19 November 2007

19th November 2007


This announcement and the information contained herein is restricted and is not
for publication, release or distribution in whole or in part to US persons or in
or into the United States, Canada, Australia, the Republic of South Africa, the
Republic of Ireland or Japan. This announcement is an advertisement and not a
prospectus.


This announcement is not an offer of securities for sale in the United States or
in any other jurisdiction.  The shares of LonZim PLC (the "Company") have not
been and will not be registered under the US Securities Act of 1933, as amended
(the "Securities Act") and may not be offered or sold in the United States
unless registered under the Securities Act or pursuant to an exemption from such
registration.  The Company has not been and will not be registered under the US
Investment Company Act of 1940, as amended.  There will be no public offering of
the shares in the United States.




                                   LONZIM PLC



LonZim issues a pathfinder admission document in connection with its forthcoming
  listing by way of placing on the Alternative Investment Market (AIM) of the
                             London Stock Exchange



LonZim Plc ("LonZim" or the "Company"), which has been established for the
principal purpose of making investments in Zimbabwe, today announced its
publication of a pathfinder admission document in connection with its
forthcoming placing of ordinary shares (the "Shares") at 100p per share and
admission to trading on AIM (the "Offer").


The Company launched its roadshow and bookbuilding process today and after the
conclusion of this process, the Company will seek admission to AIM and the
beginning of trading.


While the Company will not have a particular sectoral focus, utilising the
investment skills of the Directors and their advisors, the Company will seek to
identify individual companies in sectors best positioned to benefit should there
be improvements in Zimbabwe's economy. The Company may make investments in the
tourism, accommodation, infrastructure, transport, commercial and residential
property, technology, communications, manufacturing, retail, services, leisure,
agricultural and natural resources sectors.


Lonrho PLC (AIM: LONR), the AIM traded conglomerate with a structured portfolio
of businesses throughout Africa, has been appointed by the Company to provide
management support services on the terms of a management services agreement.


Lonrho, on behalf of itself and any of its subsidiaries or companies in which
Lonrho has majority control of the board, has agreed not to make investments in
Zimbabwe or an area of Mozambique known as the Beira Corridor, during the period
of the Management Services Agreement.  Lonrho has agreed to provide services to
the Company which will include but are not limited to: (i) sourcing investment
opportunities in the ordinary course of Lonrho's business; (ii) providing
management, accounting, human resources, financial, marketing, technical and
other support services; and (iii) providing the board of directors of the
Company (the "Board") with access to specialist advice on Zimbabwe and Africa.
All investment decisions will be taken by the board of directors of the Company.


Renaissance Capital Limited has been appointed as sole bookrunner and broker for
the Offer.  Collins Stewart Europe Limited has been appointed nominated adviser
and broker to the Company.


David Lenigas, Chairman of Lonrho stated :


'I am delighted that today we can launch the start of the bookbuilding period
for LonZim.  We see significant opportunities in Zimbabwe and the Directors
believe that LonZim will be well positioned to benefit from improvement in the
economy over the long-term.  Listing on AIM provides an excellent opportunity
for the Company to become a trusted and reliable vehicle in Zimbabwe. We believe
that the Directors reputation and track record in Africa will provide long-term
and reliable returns for our future shareholders.'




ENQUIRIES

Lonrho Plc                                                  +44 (0)20 7016 5105
David Lenigas, Executive Chairman                           +44 (0)7881 825 378
Geoffrey White, Chief Executive Officer                     +44 (0)7717 307 308
Emma Priestley, Executive Director                          +44 (0)7867 785 177

Pelham PR
Charles Vivian                                              +44 (0) 20 7743 6672
                                                            +44 (0) 7977 297903
Alisdair Haythornthwaite                                    +44 (0) 20 7743 6676
                                                            +44 (0) 7714 721379

Renaissance Capital : Sole Bookrunner
Hasnen Varawalla                                            +7 (495) 258 7965
Simon Matthews                                              +44 (0) 20 7367 7958

Collins Stewart Europe : NOMAD to Lonrho
Hugh Field                                                  +44 (0) 20 7523 8350




NOTES TO EDITORS


About LONRHO:

Lonrho Plc ("Lonrho") is an expanding conglomerate that is rapidly growing a
successful business throughout Africa.  Lonrho 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. Lonrho 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, Lonrho has invested in or acquired control of:

     *   Hotel Cardoso - www.hotelcardoso.co.mz (retained)
     *   Lonrho Mining - www.lonrhomining.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


Investors may only subscribe for or purchase any shares referred to in this
announcement on the basis of information in the admission document (the "
Admission Document") to be published by the Company in due course in connection
with the initial public offering of ordinary shares (the " Offering") and the
admission of its ordinary shares (the "Shares") to trading on the AIM market of
the London Stock Exchange.

This announcement has been prepared by and is the sole responsibility of the
Company. This announcement is an advertisement and not a prospectus and is not
an offer to sell or a solicitation of any offer to buy any securities in the
United States or in any other jurisdiction.

Neither this document nor anything contained herein shall form the basis of, or
be relied upon in connection with, any offer or commitment whatsoever in any
jurisdiction.  Any offer to acquire securities pursuant to the Offering will be
made, and any investor should make their investment, solely on the basis of
information that is contained in the Admission Document.

This announcement is based upon information which the Company considers
reliable, but no representation or warranty, express or implied, is given by or
on behalf of the Company, Lonrho Plc ("Lonhro") or Renaissance Capital Limited
("Renaissance") or any of such persons' affiliates or their respective members,
directors, officers or employees or any other person that it is accurate and
complete and nor should it be relied upon as such.  The information in this
announcement is subject to change and none of the Company, Lonrho, or
Renaissance have any obligation to update this document or to correct
inaccuracies or omissions which may become apparent.

All investments are subject to risk.  The value of investments may fluctuate.
Results achieved in the past are no guarantee of future results.  An investment
in the Company is speculative and involves a substantial degree of risk,
including the risk of total loss.  Prospective investors are advised to seek
expert legal, financial, tax and other professional advice before making any
investment decision.

Factual statements, statistical data, information regarding actual and proposed
issues contained in this document, views expressed, and projections, forecasts
or statements relating to various matters referred to in this document do not
necessarily represent the Company's, Lonrho's or Renaissance's own assessment or
interpretation of information.  Prospective investors should not treat the
contents of this document as advice relating to legal, taxation or investment
matters, and are to make their own assessments concerning these and other
consequences of any investment, including the merits of investing and the risks.

Renaissance is authorised under is authorised and regulated in the United
Kingdom by the Financial Services Authority, is acting for the Company and
no-one else in connection with the Offering and will not be responsible to
anyone other than the Company for providing the protections afforded to its
clients or for providing advice in relation to the Offering, this document or
any other matter.

This press release does not constitute, and may not be used for the purposes of,
an offer or an invitation to subscribe for Shares by any person in any
jurisdiction in which (i) such offer or invitation is not authorized; or (ii) in
which the person making such offer or invitation is not qualified to do so; or
(iii) to any person to whom it is unlawful to make such offer or invitation.



Notice to prospective investors in the UK

This announcement is directed only at persons in the United Kingdom who are: (i)
persons having professional experience in matters relating to investments who
fall within the definition of "investment professionals" in Article 19 (5) of
the Financial Services and Markets Act 2000 (Financial Promotion) Order 2001; or
(ii) high net worth bodies, corporate, unincorporated associations and
partnerships and trustees of high value trusts as described in Article 49 (2) of
the Financial Services and Markets Act 2000 (Financial Promotion) Order 2001.
Persons within the United Kingdom who receive this announcement (other than
persons falling within (i) and (ii) above) should not rely on or act upon this
communication.


Forward Looking Statements

Certain statements contained in this document, including those relating to the
Offering may be forward-looking statements.  By their nature, forward-looking
statements involve a number of risks, uncertainties and assumptions that could
cause actual results or events to differ materially from those expressed or
implied by the forward-looking statements.  These risks, uncertainties and
assumptions could adversely affect the outcome and financial effects of the
plans and events described herein.

None of Renaissance, Lonrho or the Company undertake any obligation to update or
revise any forward-looking statements, whether as a result of new information,
future events or otherwise.  A prospective investor should not place undue
reliance on forward-looking statements, which speak only as of the date of this
document.




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

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