Notification of Interests

RNS Number : 8037Z
Lonrho PLC
24 July 2008

24 July 2008
LONRHO PLC

TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Lonrho Plc

2. Reason for the notification (please place an X inside the appropriate bracket/s):

An acquisition or disposal of voting rights: ( )

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights
are attached: ( )

An event changing the breakdown of voting rights: placement by Lonrho Plc of 42,720,208 shares on July 18 2008 ( X )

Other (please specify): ( )
*****..

3. Full name of person(s) subject to the notification obligation:

Ospraie Management LLC

4. Full name of shareholder(s) (if different from 3.):

See section 9 below

5. Date of the transaction (and date on which the threshold is crossed or reached if
different):

18 July 2008

6. Date on which issuer notified:

23 July 2008

7. Threshold(s) that is/are crossed or reached:

6.00% (Ospraie Management, LLC)

8. Notified details:
*****..

A: Voting rights attached to shares

Class/type of shares if Situation previous to the Triggering transaction
possible using the ISIN CODE
Number of shares Number of voting Rights

GB0002568813 22,824,511 6.03%

*as of previous filing on *as of previous filing on
7/5/2008 7/5/2008

Resulting situation after the triggering transaction

Class/type of shares if Number of shares Number of voting rights % of voting rights
possible using the ISIN CODE
Direct Direct Indirect Direct Indirect

GB0002568813 n/a n/a 22,824,511 n/a 5.41%

(Ospraie (Ospraie Management
Management LLC)
LLC)

B: Financial Instruments
Resulting situation after the triggering transaction

Type of financial instrument Expiration Date Exercise/Conversion Number of voting % of voting rights
Period/ Date rights that may be
acquired if the
instrument is
exercised/
converted.
n/a n/a n/a n/a n/a

Total (A+B)
Number of voting rights % of voting rights

22,824,511 5.41%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if
applicable:

IN THE NARRATIVE BELOW, THE FIGURES IN BRACKETS INDICATE THE AMOUNT OF VOTING RIGHTS AND THE PERCENTAGE HELD BY CONTROLLED UNDERTAKINGS
WHERE RELEVANT.

OSPRAIE MANAGEMENT, LLC (22,824,511; 5.41%), A DISCRETIONARY INVESTMENT MANAGER, IS A CONTROLLER OF THE OSPRAIE PORTFOLIO LTD
(16,508,375; 3.92%).

OSPRAIE ADVISORS, L.P. ("OSPRAIE ADVISORS"), A DISCRETIONARY INVESTMENT MANAGER, IS A CONTROLLER OF OSPRAIE SPECIAL OPPORTUNITIES MASTER
HOLDINGS LTD (6,316,136; 1.50%). OSPRAIE ADVISORS, LLC, IN ITS CAPACITY AS GENERAL PARTNER, IS A CONTROLLER OF OSPRAIE ADVISORS. OSPRAIE
MANAGEMENT, LLC, IN ITS CAPACITY AS MANAGING MEMBER, IS A CONTROLLER OF OSPRAIE ADVISORS, LLC.

Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A

13. Additional information:

THE SHARES REFERRED TO IN SECTION 9 ABOVE ARE HELD IN PORTFOLIOS MANAGED BY THOSE FIRMS ON A DISCRETIONARY BASIS FOR ITS CLIENTS.

14. Contact name:

Jim Hughes

15. Contact telephone number: