LON - Lonmin Plc - Directorate change
LON
LOLMI
LON - Lonmin Plc - 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")
RNS Number:
11 March 2010
Lonmin Plc - DIRECTORATE CHANGE
Lonmin is pleased to announce that Dr Len Konar has agreed to join the Lonmin
board with effect from
11 March 2010 as a non-executive director. Dr Konar
will join the Audit & Risk Committee and, as a non-executive, also becomes a
member of the Nomination Committee.
Dr Konar (56) is a South African national and holds degrees in accounting from
the universities of Durban-Westville in South Africa and Illinois at Chicago, as
well as a D.Com from the University of South Africa. A South African chartered
accountant, Dr Konar is a member of the King Committee on Corporate Governance
as well as a number of other professional bodies in South Africa. He currently
serves on a number of company boards, including the South African Reserve Bank,
Alexander Forbes, Sappi Group and Exxaro Resources, where he is the chairman.
He has previously held posts with Old Mutual South Africa, the International
Monetary Fund, where he chaired the audit committee, and the Independent
Development Trust where he was the executive
director and, among other
activities, was responsible for the internal audit and investment portfolios.
Prior to that he was a professor in and head of the Department of Accountancy at
the University of Durban-Westville.
In accordance with the Listing Rules, Lonmin confirms that there are no
additional matters relating that would require disclosure under LR 9.6.13 R (1)
to (6). Dr Konar has no beneficial interests in Lonmin ordinary shares of $1
each.
Commenting on the appointment, Roger Phillimore, Chairman of Lonmin said:
"I am very pleased that Len has agreed to join our board. He is a respected
and well connected businessman in South Africa. We look forward to the
contribution he will make to the development of Lonmin in the years to come and
in helping us address the continuing challenges of transformation in our
South
African operations."
Enquiries:
Rob Gurner +44 (0)207 201 6050
Head of Investor Relations
END
Date: 11/03/2010 13:32:01 Produced by the JSE SENS Department.
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