Offer For Katanga Mining Limited By Central African Mining & Exploration Company Plc

Offer for Katanga Mining Limited by Central African Mining & Exploration Company plc ("Camec") PRNewswire LONDON

11th Juy 2007 RP Explorer Master Fund ("RP EMF") a major shareholder in Katanga Mining Limited ("Katanga") states that it is strongly opposed to Camec's unsolicited offer for Katanga. RP EMF believes that this unsolicited offer of Camec's shares undervalues the potential of Katanga and the quality of its assets. Camec shares are illiquid, difficult to value and, RP EMF believes, do not represent an attractive acquisition currency.

Further, RP EMF believes that a potential combination between Camec and Katanga detracts from management's ability to execute its envisaged project on schedule and has the potential to destroy value. RP EMF has full faith in Katanga's management to represent the best interests of all shareholders. Notes to Editors: - RP EMF is a 15.72% shareholder in Katanga. - RP EMF a London based hedge fund is managed by RP Capital Partners Cayman Islands Limited