Board Changes

RNS Number:5068M
Nikanor Plc
24 January 2008

                              Changes to the Board


Nikanor PLC (LSE: NKR, "Nikanor") announces changes to its board of directors,
in connection with its merger with Katanga Mining Limited ("Katanga").

With effect from the close of business on Wednesday 23 January 2008, Jonathan
Leslie, Jim Gorman, Peter Sydney-Smith, Jay Pomrenze, Dan Kurtzer, Lord Balfour,
Stephen Oke and Terry Robinson have resigned from the board of Nikanor.

Their positions have been taken by Katanga representatives, Arthur Ditto,
Richard Dye and Robert Wardell. Nikanor PLC is a wholly-owned subsidiary of
Katanga Mining Limited.


Disclosure under Schedule 2 (g) of the AIM Rules:

Arthur Ditto (aged 66) has had the following directorships and partnerships in
the past 5 years:

Current: President, Chief Executive Officer and Director, Katanga Mining Limited
Previous: Vice Chairman, Kinross Gold Corporation

Robert Wardell (aged 63) has had the following directorships and partnerships in
the past 5 years:

Current: Non-executive Director, Katanga Mining Limited; Vice President, Finance
& Chief Financial Officer, Victory Nickel Inc

Richard Dye (aged 52) has had the following directorships and partnerships in
the past 5 years:

Current: Senior Vice President, Technical Services, Katanga Mining Limited


There are no further disclosures with respect to Schedule 2 (g) of the AIM
Rules.


For further information, please contact:

Katanga Mining Limited                                       [phone]
Arthur Ditto, President & CEO
Anu Dhir, Vice President, Corporate Development
David Orford, Manager, Communications

Nikanor PLC                                                  [phone]
Richard Boorman, Head of Investor Relations

JPMorgan Cazenove                                            [phone]
Ian Hannam
Adam Brett
Joe Seifert

Citigate Dewe Rogerson                                       [phone]
Kate Delahunty
George Cazenove


Notes to Editors

Nikanor is a mining group which owns assets in the heart of the African
copperbelt in the Democratic Republic of Congo. The group's key mine is KOV,
containing one of the world's largest high quality copper and cobalt ore bodies.
Nikanor is rehabilitating this proven and well documented brownfield site and
building a major state of the art refining plant to produce 250,000 tonnes per
year of LME A-grade copper cathode and 27,500 tonnes per year of cobalt
products.


Nikanor was admitted to the London Stock Exchange (AIM) on 17 July 2006.


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            The company news service from the London Stock Exchange
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