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Lonmin PLC (LMI)

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Wednesday 06 August, 2008

Lonmin PLC

Statement re Pre-Conditional

RNS Number : 7419A
Lonmin PLC
06 August 2008
 








The Board of Lonmin ('Lonmin') notes the unsolicited, pre-conditional offer announced this morning by Xstrata for the entire issued share capital of Lonmin at 3300p per share in cash. This is an opportunistic and entirely unwelcome attempt to acquire Lonmin at a price which undervalues its unique assets.

A further announcement will be made by the Board of Lonmin shortly. In the meantime, shareholders are strongly advised to take no action in respect of the pre-conditional offer.


Enquiries:


Alex Shorland-Ball                                +44 (0)207 201 6060 

Vice President,

Investor Relations & Communications


Cardew Group                                    +44 (0) 207 930 0777

Anthony Cardew




This information is provided by RNS
The company news service from the London Stock Exchange
 
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