SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
LONMIN PLC
(Formerly Lonrho PLC ORD GB 1.00)
_______________________________________
(Name of Issuer)
Common Stock
_______________________________________
(Title of Class of Securities)
543374979
_______________________________________
(CUSIP Number)
Check the following box if a fee is being paid with this
statement ____. (A fee is not required only if the filing
person: (1) has a previous statement on file reporting beneficial
ownership of more than five percent of the class of securities
described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of
such class.) (See Rule 13d-7.)
*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to
the subject class of securities, and for any subsequent amendment
containing information which would alter the disclosures provided
in a prior cover page.
The information required in the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18
of the Securities Exchange Act of 1934 ("Act") or otherwise
subject to the liabilities of that section of the Act but shall
be subject to all other provisions of the Act (however, see the
Notes).
(Continued on following page(s))
Page 1 of 6 Pages
CUSIP NO. 543374979 13G Page 2 of 6 Pages
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
T. ROWE PRICE ASSOCIATES, INC.
52-0556948
2 Check the Appropriate Box if a Member of a Group*
(a) ____
NOT APPLICABLE (b) ____
3 SEC Use Only
______________________________
4 Citizenship or Place of Organization
MARYLAND
Number of 5 Sole Voting Power
**
Shares 3,301,020
Beneficially 6 Shared Voting Power
**
Owned By Each NONE
Reporting 7 Sole Dispositive Power
**
Person 7,076,530
With 8 Shared Dispositive Power
NONE
9 Aggregate Amount Beneficially Owned by Each Reporting Person
7,076,530
10 Check Box if the Aggregate Amount in Row (9) Excludes Certain
Shares*
NOT APPLICABLE
11 Percent of Class Represented by Amount in Row 9
4.2%
12 Type of Reporting Person*
IA
*SEE INSTRUCTION BEFORE FILLING OUT!
**Any shares reported in Items 5 and 6 are also
reported in Item 7.
SCHEDULE 13G
PAGE 3 OF 6
Item 1(a) Name of Issuer:
Reference is made to page 1 of this Schedule 13G
Item 1(b) Address of Issuer's Principal Executive Offices:
4 Grosvenor Place, London, England SW1X 7DL
Item 2(a) Name of Person(s) Filing:
(1) T. Rowe Price Associates, Inc. ("Price
Associates")
(2) ___________________________________
_____ Attached as Exhibit A is a copy of an agreement between
the Persons Filing (as specified hereinabove) that this
Schedule 13G is being filed on behalf of each of them.
Item 2(b) Address of Principal Business Office:
100 E. Pratt Street, Baltimore, Maryland 21202
Item 2(c) Citizenship or Place of Organization:
(1) Maryland
(2) ___________________________________
Item 2(d) Title of Class of Securities:
Reference is made to page 1 of this Schedule 13G
Item 2(e) CUSIP Number: 543374979
Item 3 The person filing this Schedule 13G is an:
X Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940
_____ Investment Company registered under Section 8 of the
Investment Company Act of 1940
CUSIP 543374979
PAGE 4 OF 6
Item 4 Ownership Deemed
Outstanding
And
Beneficially
Units Owned Directly
Deemed Subject to
Beneficially Warrants &
Owned Conversion
Directly Privileges Total
____________ ______________ _____
(1) WITH RESPECT TO
PRICE ASSOCIATES
(includes shares
reported in
(2) below):
(a) Amount
Beneficially
Owned . . . . . . -0- 7,076,530 7,076,530
(b) Percent of
Class . . . . . . . . . . . . . . . . . . . . . . 4.2%
(c) Number of
units as
to which
such
person has: . . .
(i) *sole power
to vote or
to direct
the vote . . . -0- 3,301,020 3,301,020
(ii) *shared power
to vote or
to direct
the vote . . . -0- -0- -0-
(iii) *sole power
to dispose or
to direct the
disposition
of . . . . . -0- 7,076,530 7,076,530
(iv) *shared power
to dispose or
to direct the
disposition
of . . . . . -0- -0- -0-
SCHEDULE 13G
PAGE 5 OF 6
Item 5 Ownership of Five Percent or Less of a Class.
_____ Not Applicable.
X This statement is being filed to report the fact
that, as of the date of this report, the reporting
person(s) has (have) ceased to be the beneficial
owner of more than five percent of the class of
securities.
Item 6 Ownership of More than Five Percent on Behalf of
Another Person
(1) Price Associates does not serve as custodian of
the assets of any of its clients; accordingly, in
each instance only the client or the client's
custodian or trustee bank has the right to
receive dividends paid with respect to, and
proceeds from the sale of, such securities.
The ultimate power to direct the receipt of
dividends paid with respect to, and the proceeds
from the sale of, such securities, is vested in
the individual and institutional clients which
Price Associates serves as investment adviser.
Any and all discretionary authority which has
been delegated to Price Associates may be revoked
in whole or in part at any time.
Except as may be indicated if this is a joint
filing with one of the registered investment
companies sponsored by Price Associates which it
also serves as investment adviser ("T. Rowe Price
Funds"), not more than 5% of the class of such
securities is owned by any one client subject to
the investment advice of Price Associates.
(2) With respect to securities owned by any one of
the T. Rowe Price Funds, only State Street Bank
and Trust Company, as custodian for each of such
Funds, has the right to receive dividends paid
with respect to, and proceeds from the sale of,
such securities. No other person is known to
have such right, except that the shareholders of
each such Fund participate proportionately in any
dividends and distributions so paid.
Item 7 Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on By the
Parent Holding Company.
Not Applicable.
Item 8 Identification and Classification of Members of the
Group.
Not Applicable.
SCHEDULE 13G
PAGE 6 OF 6
Item 9 Notice of Dissolution of Group.
Not Applicable.
Item 10 Certification.
By signing below I (we) certify that, to the best
of my (our) knowledge and belief, the securities
referred to above were acquired in the ordinary
course of business and were not acquired for the
purpose of and do not have the effect of changing
or influencing the control of the issuer of such
securities and were not acquired in connection with
or as a participant in any transaction having such
purpose or effect. T. Rowe Price Associates, Inc.
hereby declares and affirms that the filing of this
Schedule 13G shall not be construed as an admission
that Price Associates is the beneficial owner of
the securities referred to, which beneficial
ownership is expressly denied.
Signature.
After reasonable inquiry and to the best of my
(our) knowledge and belief, I (we) certify that the
information set forth in this statement is true,
complete and correct.
Dated: February 14, 2000
T. ROWE PRICE ASSOCIATES, INC.
By: /s/ Henry H. Hopkins
Henry H. Hopkins, Managing Director
Note: This Schedule 13G, including all exhibits, must be
filed with the Securities and Exchange Commission,
and a copy hereof must be sent to the issuer by
registered or certified mail not later than
February 14th following the calendar year covered
by the statement or within the time specified in
Rule 13d-1(b)(2), if applicable.
12/31/1999
