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Fri 13 Apr 2007, 9:41 ZCI - Zambia Copper Investments Limited - Further
ZCI
 ZAKK                                                                            
ZCI - Zambia Copper Investments Limited - Further Cautionary Announcement       
Zambia Copper Investments Limited                                               
(Registered in Bermuda)                                                         
JSE code: ZCI                                                                   
ISIN: BMG988431240                                                              
("ZCI")                                                                         
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
Further to the cautionary announcements released on SENS between 2 September    
2005 and 2 March 2007, the directors of ZCI wish to inform shareholders that    
preparations for the arbitration proceedings between ZCI and Vedanta Resources  
plc ("Vedanta") relating to the interpretation of the Vedanta Call Option Deed  
are continuing. It is now confirmed that the arbitration will be heard in mid-  
June 2007.                                                                      
Once the ruling is received, the independent investment bank`s terms of         
engagement will be finalised and it will be able to undertake its valuation of  
the 28.4% of Konkola Copper Mines plc ("Konkola") shares held by ZCI through its
wholly owned subsidiary, ZCI Holdings S.A.                                      
ZCI shareholders are advised to continue exercising caution when dealing in     
ZCI`s shares until a further announcement is made.                              
Bermuda                                                                         
13 April 2007                                                                   
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 13/04/2007 09:41:48 Produced by the JSE SENS Department.
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