ZCI -
Zambia Copper Investments Limited
("the Company" or "ZCI")
(Incorporated in Bermuda and registered in the Republic of South Africa as an
external company)
(Registration no. EC 1626)
Share code: ZCI
ISIN : BMG988431240
The Directors of the Company refer to recent reports in the Zambian press
relating to the alleged conclusion of negotiations between Konkola Copper Mines
plc ("KCM"), the Government of the Republic of Zambia and Sterlite Industries
Limited, the preferred bidder, in the process to secure a strategic equity
partner for KCM.
The Directors of ZCI advise shareholders that they have not received any
proposals from the board of KCM resulting from the negotiation process and are
accordingly not in a position to comment on these reports.
Should there be any queries relating to the above, shareholders are invited to
contact either John Kleynhans (tel. +352 40 25 051,
j.kleynhans@maitlandgroup.com), or Steven Georgala (+33 1 53 89 11 20,
steven.georgala@maitlandgroup.com).
Bermuda
9 October 2003
Sponsor
RAND MERCANT BANK (A division of FirstRand Bank Limited)
CORPORATE FINANCE
Date: 09/10/2003 11:25:02 AM Supplied by www.sharenet.co.za
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