| Tue 30 Oct 2007, 16:30 | | LAF - Lonrho Announces That Nare Diamonds EGM Appr |
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LAF
LOLAF
LAF - Lonrho Announces That Nare Diamonds EGM Approves The Change
Of Name To Lonrho Mining
Lonrho Plc
(Formerly Lonrho Africa Plc)
(Incorporated and registered in England and Wales)
(Registration number 2805337)
(Share code: LAF; ISIN number: GB0002568813)
("Lonrho" or the "Company")
LONRHO ANNOUNCES THAT NARE DIAMONDS EGM APPROVES THE CHANGE OF NAME TO LONRHO
MINING
Lonrho (AIM: LONR), the conglomerate with a structured portfolio of African
investments, is pleased to announce that at an EGM of shareholders of Nare
Diamonds Limited, the African diamond mining company in which it holds a 21.94%
interest, held in Perth on Friday 26th October, Nare changed its name to Lonrho
Mining Limited.
The change in name will permit Lonrho Mining to benefit from the unique brand
name and reputation of Lonrho throughout Africa.
David Lenigas, Lonrho`s Executive Chairman commented:
"Lonrho`s significant stake in Lonrho Mining, in conjunction with the Board
positions taken by Lonrho Directors, provides Lonrho with a vehicle that can
access, assess, evaluate and selectively develop the flow of potential natural
resource transactions that the Lonrho name generates."
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
Collins Stewart Europe
Hugh Field +44 (0) 20 7523 8350
Jonny Sloan
NOTES TO EDITORS
About LONRHO:
Lonrho Plc is an expanding conglomerate that is rapidly growing a successful
business throughout Africa. The Company 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. The Company 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, the Company 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
30th October 2007
South African sponsor to Lonrho Africa Plc
Java Capital (Proprietary) Limited
Date: 30/10/2007 16:30:25 Produced by the JSE SENS Department.
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