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Wed 9 Jan 2008, 14:46 ZCI - Zambia Copper Investments - Further Cautionary Announcement
ZCI
 ZAKK                                                                            
ZCI - Zambia Copper Investments - 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 28 November 2007, the directors of ZCI wish to inform shareholders     
that the independent investment bank`s valuation of the 28.4% of Konkola        
Copper Mines plc shares held by ZCI through its wholly owned subsidiary, ZCI    
Holdings S.A., is nearing finalisation.                                         
While ZCI still expects to receive the valuation report by mid-January 2008,    
the independent bank has advised that in view of the difficulties inherent      
in the production of a valuation as at August 2005, the delivery of the         
valuation report may be delayed for a few additional days, but have             
confirmed that they are making every effort to deliver the report on time.      
ZCI will release a detailed summary of the valuation report once this has       
been received from the independent bank. ZCI shareholders are advised to        
continue exercising caution when dealing in ZCI`s shares until the results      
of the valuation are released.                                                  
Bermuda                                                                         
9 January 2008                                                                  
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 09/01/2008 14:46:49 Produced by the JSE SENS Department.                  
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