(i) Sir Herbert Lloyd Watkin Williams Wynn of Wynnstay, co Denbigh, Bart
(ii) John Shepherd Sawrey of London, civil engineer
All mines and minerals other than royal mines under lads in the parish of Llanidloes, co Montgomery, known as Penclun mining sett. Plan annexed.
Term: 42 years
Rent: £10 pa after the first year and various royalties (specified)