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LONRHO AFRICA PLC                                                               
("LONRHO" OR "THE COMPANY")                                                     
Registration number 2805337 UK                                                  
JSE Code LAF                                                                    
ISIN number GB0002568813                                                        
ANNOUNCEMENT                                                                    
Lonrho and two of its former directors have been engaged in High Court          
proceedings in Nairobi, Kenya arising from the receivership of Lonrho Motors    
East Africa.                                                                    
Lonrho and the two former directors are pleased to have reached an amicable     
settlement of the dispute without any admission of liability on the part of     
Lonrho and its former directors.                                                
The plaintiffs have withdrawn all claims against Lonrho and its two former      
directors.                                                                      
4 April 2003                                                                    
Tel: (011) 481-4434                                                             

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