ZCI - PRESS RELEASE
Zambia Copper Investments Limited
(Registered in Bermuda)
(`ZCI`)
JSE code: ZCI
ISIN: BMG988431240
(`ZCI`)
PRESS RELEASE
As noted in today`s release on the London Stock Exchange of the quarterly
results for the period ended 31 December 2004 for Vedanta Resources plc
(`Vedanta`), the majority shareholder of Konkola Copper Mines plc (`KCM`) since
5 November 2004, it is estimated that the total EBITDA of KCM for the eight week
period
5 November 2004 to 31 December 2004 should be US$26 million. KCM have a
financial year ending 31 December and these figures are subject to audit and may
lead to adjustments arising from the acquisition, prior to approval by the KCM
board of directors.
ZCI intends to release its annual financial statements on 31 March 2005.
Bermuda
28 January 2005
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
CORPORATE FINANCE
Note:
ZCI is Bermudian registered with its primary listing on the JSE Securities
Exchange South Africa. It has a secondary listing on the Paris Bourse. ZCI`s
major asset is it`s holding of 28.4% of the share capital of KCM, a Zambian
registered mining company.
Date: 28/01/2005 04:00:09 PM
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