ZCI
ZAKK
ZCI - ZCI - 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 between 2 September
2005 and 8 December 2006, the directors of ZCI wish to inform shareholders that
preparations for the arbitration proceedings between ZCI and Vedanta Resources
plc ("Vedanta") relating to the interpretation of the Vedanta Call Option Deed
are continuing. It is expected that the arbitration will be heard in mid-2007.
Once the ruling is received, the independent investment bank`s terms of
engagement will be finalised and it will be able to undertake its valuation of
the 28.4% of Konkola Copper Mines plc ("Konkola") shares held by ZCI through its
wholly owned subsidiary, ZCI Holdings S.A.
ZCI shareholders are advised to continue exercising caution when dealing in
ZCI`s shares until a further announcement is made.
Bermuda
19 January 2007
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 19/01/2007 15:45:27 Produced by the JSE SENS Department.
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