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Mon 30 Jan 2006, 17:41 Zambia Copper Investments Limited - Further Cautio
ZCI
 ZAKK                                                                            
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 released on SENS on 2 September 2005, 14
October 2005, 7 November 2005 and 19 December 2005, the directors of ZCI wish to
inform shareholders that lawyers acting for ZCI and Vedanta Resources plc       
("Vedanta") respectively, remain engaged with finalising the list of            
documentation and terms of reference to be submitted to the Independent Bank for
the purposes of settling the letter of engagement and enabling the Independent  
Bank to progress with the valuation of the 28.4% of Konkola Copper Mines plc    
shares held by ZCI through its wholly owned subsidiary, ZCI Holdings S.A.. The  
identity of the bank will be made available on finalisation of the letter of    
engagement.                                                                     
ZCI shareholders are advised to continue exercising caution when dealing in     
ZCI"s shares until a detailed announcement is made.                             
Bermuda                                                                         
30 January 2006                                                                 
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 30/01/2006 05:41:10 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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