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Wed 7 Jun 2006, 10:16 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, 19 December 2005, 30 January 2006, 13 March 2006 
and 25 April 2006, the directors of ZCI wish to inform shareholders that lawyers
acting for ZCI and Vedanta Resources plc ("Vedanta") respectively, remain       
engaged with finalising the 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.. Further announcements will be made 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                                                                         
7 June 2006                                                                     
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 07/06/2006 10:17:01 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
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