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Wed 23 Feb 2005, 8:12 Lonrho Africa Plc - Notification Of Major Interest
Lonrho Africa Plc - Notification Of Major Interests In Shares                   
Lonrho Africa Plc                                                               
(Incorporated and registered in England and Wales)                              
(Registration number 2805337)                                                   
(Share code: LAF; ISIN number: GB0002568813)                                    
(`Lonrho Africa` or `the Company`)                                              
NOTIFICATION OF MAJOR INTERESTS IN SHARES                                       
1.   Name of company                                                            
     LONRHO AFRICA PLC                                                          
2.   Name of shareholder having a major interest                                
     NORTH ATLANTIC VALUE LLP AND JOHCM ALTERNATIVE INVESTMENTS LLP             
3.   Please state whether notification indicates that it is in respect of       
holding of the shareholder named in 2 above or in respect of a non-beneficial   
interest or in the case of an individual holder if it is a holding of that      
person`s spouse or children under the age of 18                                 
AS ABOVE                                                                   
4.   Name of the registered holder(s) and, if more than one holder, the number  
of shares held by each of them                                                  
     BNY (OCS) Nominees Limited              4,300,000                          
Bank of New York Nominees Limited       13,430,000                         
     HSBC Global Custody London Limited      3,000,000                          
     Goldman Sachs International TNA         6,940,602                          
     Goldman Sachs International THO         4,680,000                          
Goldman Sachs International THT         2,000,000                          
     Goldman Sachs International TEU         7,201,520                          
5.   Number of shares / amount of stock acquired                                
     NOT DISCLOSED                                                              
6.   Percentage of issued class                                                 
     N/A                                                                        
7.   Number of shares / amount of stock disposed                                
     N/A                                                                        
8.   Percentage of issued class                                                 
     N/A                                                                        
9.   Class of security                                                          
     ORDINARY SHARES                                                            
10.  Date of transaction                                                        
     NOT DISCLOSED                                                              
11.  Date company informed                                                      
     22 FEBRUARY 2005                                                           
12.  Total holding following this notification                                  
     41,552,122 SHARES                                                          
13.  Total percentage holding of issued class following this notification       
     26.37%                                                                     
14.  Any additional information                                                 
     THE INCREASE IN THE INTEREST OF NORTH ATLANTIC VALUE LLP (`NAV)` IS NOT AS 
A RESULT OF A PURCHASE OF SHARES BUT AS A RESULT OF THE INCLUSION OF RELEVANT   
SHARES HELD BY A NEW PRIVATE CLIENT OF NAV - THE CLIENT ALREADY OWNED THE SHARES
IN THE COMPANY.                                                                 
15.  Name of contact and telephone number for queries                           
     SIMON RAGGETT                                                              
16.  Name and signature of authorised company official responsible for making   
this notification                                                               
     SIMON RAGGETT                                                              
Date of notification                                                            
22 FEBRUARY 2005                                                                
The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.   
The FSA is not liable for any damages (including, without limitation, damages   
for loss of business or loss of profits) arising in contract, tort or otherwise 
from the use of or inability to use this document, or any material contained in 
it, or from any action or decision taken as a result of using this document or  
any such material.                                                              
Sponsor                                                                         
Java Capital (Pty) Limited                                                      
23 February 2005                                                                
Date: 23/02/2005 08:08:35 AM          
Produced by the JSE SENS Department                                             
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