NKR Nikanor

RNS Number:2394A
Nikanor Plc
13 July 2007


13 July 2007



NIKANOR - NOTIFICATION OF INTEREST



Nikanor plc ("Nikanor") has been notified by RP Capital Group ("RPC") that a
vehicle externally managed by RPC has received 100% of the share capital of New
Horizon Minerals Ltd ("New Horizon"). As a result of the foregoing, RPC now
exercises indirect management control over New Horizon (the holder of 20m
Nikanor shares, representing 9.7% of the entire issued share capital of
Nikanor).

Entities externally managed by RPC, including RP Explorer Master Fund, hold
presently approximately 21mn Nikanor shares, representing 10.2% of the entire
share capital of Nikanor. Following the purchase of 25mn shares held by Glencore
International AG (as described in the announcement made on 1 June 2007) entities
externally managed by RPC will hold approximately 46mn Nikanor shares, 22.2% of
the entire share capital of Nikanor on behalf of its investors. One such major
investor is a group of companies ultimately owned by a discretionary trust for
the benefit of members of the Gertler family.


For further information, please contact:



Nikanor PLC                                                  +44 (0)20 7529 5800
Jonathan Leslie, Executive Chairman
Peter Sydney-Smith, Finance Director
Richard Boorman, Head of Investor Relations

Citigate Dewe Rogerson                                       +44 (0)20 7638 9571
Kate Delahunty
George Cazenove

JPMorgan Cazenove                                            +44 (0)20 7588 2828
Robert Stafler



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.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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