Result of EGM

RNS Number:5152L
Nikanor Plc
10 January 2008

                                  Nikanor plc

                          ("Nikanor" or "the Company")



                        RESULTS OF VOTING AT NIKANOR EGM


Nikanor PLC (LSE: NKR) (the "Company"), is pleased to announce that at an
Extraordinary General Meeting held today, each of the three resolutions relating
to the Company's proposed merger with Katanga Mining Limited ("Katanga"),
announced on 6 November 2007, was passed by the required majority. At least
99.96 per cent. of the 174 million shares voted by proxy were in favour of the
proposed resolutions.


The resolutions were as follows:

 1. Ordinary resolution to increase the Company's share capital, authorise the
    directors to allot the entire authorised but unissued share capital of the
    Company, capitalise the Company's share premium account by a bonus issue of
    shares and consolidate the Company's share capital. (Proxies in favour
    99.96%)
 2. Special resolution to amend the articles of association of the Company to
    permit the issue of shares in fractional denominations. (Proxies in favour
    100%)
 3. Special resolution (conditional upon the recommended offer for the Company by
    Katanga becoming or being declared unconditional in all other respects) to
    conditionally re-register the Company as a company incorporated under the
    Isle of Man Companies Act 2006 and to adopt a new memorandum of association
    and articles of association. (Proxies in favour 100%)

The shareholders of Katanga will be voting on the proposed merger at the general
meeting of that company to be held on 11 January 2008.


For further information, please contact:

Nikanor PLC                                    [phone]
Jonathan Leslie, Executive Chairman
Peter Sydney-Smith, Finance Director
Richard Boorman, Head of Investor Relations

JP Morgan Cazenove                             [phone]
Ian Hannam
Adam Brett
Joe Seifert

Citigate Dewe Rogerson                         [phone]
Kate Delahunty
George Cazenove


About Nikanor

Nikanor PLC holds 75 per cent. of a joint venture at Kolwezi in the DRC. The
company's key mine is KOV, containing one of the world's largest high quality
copper and cobalt ore bodies. Nikanor is rehabilitating this well documented
brownfield site and intends to build a major state of the art copper and cobalt
refinery to produce 250,000 tonnes per year of LME A-grade copper cathode and
27,500 tonnes per year of cobalt products. Nikanor is admitted to AIM.

For further information on Nikanor go to www.nikanor.co.uk



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