| Mon 13 Aug 2007, 10:00 | | LON - Lonmin - Directorate Change |
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LON
LOLMI
LON - Lonmin - Directorate Change
Lonmin Plc
(Incorporated in England and Wales)
(Registered in the Republic of South Africa under registration number
1969/000015/10)
JSE code: LON
Issuer Code: LOLMI & ISIN: GB0031192486
("Lonmin")
13 August 2007
Lonmin is pleased to announce that Jim Sutcliffe and David Munro have agreed to
join the Lonmin board with effect from 10 August 2007 as non-executive
directors.
Jim Sutcliffe (51) is currently Chief Executive of Old Mutual plc, a post which
he assumed in November 2001 after acting as Chief Executive of the Old Mutual
Group`s life assurance business since January 2000. He is a non-executive
director of Nedbank Group Limited and a director of The Nelson Mandela Legacy
Trust (UK), Fidelity and Guarantee Life Insurance Company and OM Kotak Mahindra
Insurance Company Limited. Before joining Old Mutual, Mr Sutcliffe was Chief
Executive UK of Prudential plc and was until recently Chairman of
Forsakringsaktiebolaget Skandia (publ). Mr Sutcliffe is an actuary.
David Munro (52) is currently Executive Director, Strategy of Kazakhmys plc a
post he has held since October 2006. Before joining Kazakhmys, Mr Munro was
Chief Executive Officer of RMC Group PLC from January 2004 until RMC`s
acquisition by Mexico`s Cemex in 2005. From 1981 Mr Munro held a variety of
positions with Gencor/Billiton and then BHP Billiton including Chief Development
Officer from 2003 to 2004, Vice President, Strategy and Business Development
from 2002 to 2003 and Executive Director Aluminium from 1997 to 2002. Mr Munro
was a non-executive director of Wogen plc from 2005 to 2007 and Kazakhmys plc
from 2005 to 2006. Mr Munro is a mining engineer by profession.
In accordance with the Listing Rules, Lonmin confirms that there are no matters
relating to either Mr Sutcliffe or Mr Munro that would require disclosure under
Rule 9.6.13 (2) to (6). Neither Mr Sutcliffe nor Mr Munro have any beneficial
interests in Lonmin shares.
Commenting on the appointments, Sir John Craven, Chairman of Lonmin said:
"I am extremely pleased to welcome both Jim Sutcliffe and David Munro to the
Lonmin board. We are delighted to have found two candidates with such a wealth
of relevant experience and I am sure they will both make very valuable
contributions to the Company."
Enquiries:
Alex Shorland-Ball +44 (0)207 201 6060
Vice President,
Investor Relations & Communications
Date: 13/08/2007 10:00:01 Produced by the JSE SENS Department.
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