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Wed 1 Sep 2004, 17:27 Trading Statement
Zambia Copper Investments Limited - Trading Statement                           
Zambia Copper Investments Limited                                               
(Registered in Bermuda)                                                         
JSE code: ZCI                                                                   
ISIN: BMG988431240                                                              
(`ZCI` or `the company`)                                                        
TRADING STATEMENT                                                               
ZCI is currently finalising its results for the six months ended 30 June 2004,  
which should be released on or about 8 September 2004. In this regard,          
shareholders are advised that ZCI is expecting an increase in headline earnings 
per share of between 330% and 340% compared to the corresponding period last    
year. This increase is due to favourable trading conditions and the improved    
copper price in particular.                                                     
The forecast financial information on which this trading statement is based has 
not been reviewed nor reported on by the company`s auditors.                    
Bermuda                                                                         
1 September 2004                                                                
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
CORPORATE FINANCE
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