LAF
LOLAF
LAF - Lonrho Plc - Nare Diamonds Sale Sparkles
Lonrho Plc
(Incorporated and registered in England and Wales)
(Registration number 2805337)
(Share code: LAF; ISIN number: GB0002568813)
("Lonrho" or "the Company")
NARE DIAMONDS SALE SPARKLES
Lonrho (AIM: LONR), is pleased to announce outstanding results from a recent
sale of a parcel of diamonds by Nare Diamonds in which it holds a 20.26%
stake.
Nare, which operates the Schmidtsdrift mine in South Africa, sold 2,394
carats for a total of US$2,893,656.
The sale, by public tender in South Africa was Nare`s second largest since it
re-commissioned the Schmidtsdrift mine in April 2006. It achieved the second
highest average price of US$1,209 per carat.
Lonrho announced on the 21st June, 2007 it has increased its shareholding in
Nare Diamonds from 19.06% to 20.26%.
Enquiries:
For further information, please contact:
Lonrho Africa Plc +44 (0) 20 7016 5105
David Lenigas, Chief Executive +44 (0)7881 825 378
Emma Priestley, Executive Director +44 (0)7867 785 177
Pelham PR
Charles Vivian +44 (0) 20 7743 6672
+44 (0) 7977 297 903
Candice Sgroi +44 (0) 20 7743 6376
+44 (0) 7894 462 114
03 July, 2007
South African sponsor to Lonrho Africa Plc
Java Capital (Proprietary) Limited
Date: 03/07/2007 15:07:51 Produced by the JSE SENS Department.
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