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Wed 30 Jun 2004, 9:53 HOLDING IN COMPANY
LONRHO AFRICA PLC - HOLDING IN COMPANY                                          
Lonrho Africa Plc                                                               
(`LONRHO` OR `THE COMPANY`)                                                     
Registration number: 2805337 UK                                                 
JSE Share Code: LAF                                                             
ISIN number: GB0002568813                                                       
HOLDING IN COMPANY                                                              
Lonrho Africa announces that it was notified on Tuesday 29 June 2004 that       
Silverslaggan AB acquired 12,750,000 ordinary shares of 20 pence each in the    
share capital of the Company on Monday 28 June 2004 from The Union Discount     
Company of London Limited.  Following this transaction, Silverslaggan AB now    
owns a total of 18,530,000 ordinary shares, representing 11.76% of the Company`s
issued share capital, whilst The Union Discount Company of London Limited has no
further interest.                                                               
Given his interest in both Silverslaggan AB and The Union Discount Company of   
London Limited, Mr Peter Gyllenhammar`s beneficial interest in the ordinary     
shares of Lonrho Africa remains unchanged.                                      
29 June 2004                                                                    
Date: 30/06/2004 09:39:02 AM                
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