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 dated 16 May 2003, 27 June 2003, 8
August 2003, 2 October 2003, 13 November 2003, 23 December 2003 and 3 February
2004, shareholders are advised that negotiations are still in progress between
ZCI, the Government of the Republic of Zambia, ZCCM Investments Holdings plc,
Konkola Copper Mines plc ("KCM") and Sterlite Industries Limited ("Sterlite"),
the preferred bidder, on the terms of the proposed investment by Sterlite into
KCM.
Accordingly, ZCI shareholders are advised to continue exercising caution when
dealing in ZCI"s securities until a detailed announcement is made.
Bermuda
16 March 2004
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
CORPORATE FINANCE
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