REGULATORY RELEASE
Update on NUM Court Application and Union Recognition
Lonmin Plc ("the Company") would like to update the market, further to our regulatory release of 8 July 2013, on a court case which concluded in South Africa today involving issues around union recognition.
The National Union of Mineworkers (NUM) applied to the labour court to suspend the 90 day notice period for the derecognition of NUM as the largest union at Lonmin.
Giving judgment this morning, the judge dismissed NUM's case, struck the matter off the roll and awarded costs against the union.
This conclusion allows the present timetable around recognition, as well as the ongoing arbitration procedure the Company is involved in with AMCU, to continue unchanged. As previously announced, the recognition agreement between the NUM and Lonmin will expire on 16 July 2013, whilst the arbitration proceedings with AMCU are still scheduled for 29 July 2013.