TIDMLONR

RNS Number : 1949M

Lonrho PLC

13 September 2012

13(th) September 2012

Lonrho Plc

("Lonrho" or "the Company")

Directorship Change

Lonrho Plc announces that, with immediate effect, David Lenigas, the Company's Executive Chairman, has stepped down from the Board to concentrate on his role as Executive Chairman of FastJet Plc and other interests.

He has been succeeded as Chairman of the Company by Ambassador Frances Cook, who is currently the Company's Senior Independent Director, and who becomes the Non-Executive Chairman of Lonrho Plc.

Ambassador Cook is a former U.S. Ambassador to Burundi, to Cameroon and to the Sultanate of Oman, was the U.S. Consul General in Alexandria, Egypt, and has held numerous senior positions in the Department of State, including Director for West Africa. She entered the private sector in 1999 and runs an international business consulting firm, The Ballard Group LLC.

Ambassador Cook is a Distinguished Senior Fellow at the Center for Naval Analyses, and a member of the Council on Foreign Relations and Phi Beta Kappa Alumni. She also serves on the Board of Trustees of Center for American Overseas Research Centers, and the Institute for American Universities.

Mr Lenigas will receive 8,138,352 shares in Lonrho in lieu of notice and other benefits. He retains his existing options in the Company.

Ambassador Cook, Non-Executive Chairman, commented:

"I am honored to be taking over the leadership of this historic Company at this time of great opportunity in Africa and for Africans. Lonrho operates in four strategic sectors that are all critical to Africa's growth and development."

Geoffrey White, Lonrho's CEO, commented:

"David has spent seven years successfully developing Lonrho into a company uniquely focused on Africa with operations across the Continent employing thousands and stimulating development and growth. Under his tenure the Company successfully transitioned from the AIM market to the Main Market of the LSE.

"The Board thanks him for his guidance and support and wishes him every success in his future businesses. We are delighted that he will now be focusing on his role as Executive Chairman of FastJet Plc, the low cost airline for Africa in which Lonrho is a significant shareholder.

"We welcome Ambassador Cook as the Chairman of Lonrho and look forward to continuing to benefit from her extensive knowledge of Africa.

"With the appointment of Ambassador Cook as the Non-Executive Chairman of the Company, the Company has separated the roles of the Executive and the Chairman."

Ends

Enquiries:

   Lonrho Plc    +44 (0) 20 7016 5105

Geoffrey White

David Armstrong

   FTI Consulting         +44 (0) 20 7831 3113

Edward Westropp

Georgina Bonham

   Jefferies Hoare Govett               +44 (0) 20 7029 8000

Sara Hale

Harry Nicholas

Simon Brown

This information is provided by RNS

The company news service from the London Stock Exchange

END

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