The MCC XI will be managed by MCC President Mike Gatting and the Rest of the World XI will be managed by ex-South Africa all-rounder and MCC World Cricket committee member Shaun Pollock.
All-rounder Afridi has appeared at the Home of Cricket on nine separate occasions, including a match-winning performance against Sri Lanka in the 2009 ICC World T20 Final, when he made 54 not out to seal an eight-wicket win.
He also played his last Test match at Lord’s, captaining Pakistan against Australia in 2010.
MCC has asked the best players in world cricket to come and celebrate the Lord’s Bicentenary by playing in this match and I’m delighted that three more have accepted
Off-spinner Saeed Ajmal lifted the ICC T20 trophy with Afridi in 2009 having also played against Sri Lanka in the final, and will be making his seventh appearance at Lord’s.
Tamim Iqbal appears on the Lord’s Honours Board after scoring 103 in the second innings of the First Test against England in 2010 – his only previous appearance at the Home of Cricket. This meant he became the first Bangladeshi batsman to score a century at Lord’s.
Shahid Afridi said: "Lord’s is always a wonderful place to play cricket and I’m really looking forward to going back there. It’s going to be great to be involved in the Lord’s Bicentenary celebrations and I’d like to thank MCC for inviting me to take part in the game.
"There are plenty of great players on the team sheet for this match and I can’t wait to share a pitch with them again - especially in such an amazing setting."
MCC President Gatting said: "The latest names to be confirmed for this match make it even more of an exciting prospect. MCC has asked the best players in world cricket to come and celebrate the Lord’s Bicentenary by playing in this match and I’m delighted that three more have accepted.
"It shows the standing of the Club and this marvellous ground that players of the quality of Shahid, Saeed and Tamim want to come and be part of these celebrations."