RNS No 7392a
JIANGXI COPPER COMPANY LIMITED
1st July 1997

COMBINED OFFERING OF 628,212,000 H SHARES OF NOMINAL VALUE RMB 1.00 PER SHARE
("H SHARES") OF JIANGXI COPPER COMPANY LIMITED

Pursuant to core dealing rule 2.13, Merrill Lynch International notifies you
that it is the stabilising manager (as agent for Merrill Lynch Far East Limited)
in the UK in connection with the above transaction.  We confirm the following:

1)  The securities concerned are the H Shares;
2)  The stabilising manager is Merrill Lynch International (contact: Kester Ng-
    Tel: 0171 867 3700);
3)  The stabilisation period commenced on 6 June for 30 days thereafter, but
    stabilisation transactions should only occur from 12 June 1997 onwards;
4)  The issue price of the H Shares will be HK $2.55;
5)  Stabilisation may occur on SEAQ International.


END