Purchase of Katanga Mining Limited Common Shares by RP Explorer Master Fund

    LONDON, United Kingdom, June 27 /CNW Telbec/ - RP Explorer Master Fund
("RPEMF") has today purchased 4,675,000 common shares of Katanga Mining
Limited ("Katanga") pursuant to a private agreement with a shareholder of
Katanga. This represents approximately 6% of the outstanding common shares of
Katanga, based on publicly available information as to Katanga's total
outstanding common shares. RPEMF now owns directly or indirectly 12,275,000
common shares of Katanga or approximately 15.7% of the 78,087,476 outstanding
common shares of Katanga.
    Pursuant to existing or future arrangements between RPEMF and entities
managed by RP Capital Partners Cayman Islands Limited (or its subsidiaries), a
discretionary trust in which Dan Gertler's family interest is a potential
ultimate beneficiary, has or will have an indirect interest in the shares
currently held by RPEMF. The acquisition of common shares of Katanga was made
for investment purposes. RPEMF and/or parties with whom RPEMF may be acting
jointly or in concert or with whom it may be associated may, subject to market
conditions, make additional investments in, acquisitions of or dispositions of
securities of Katanga, including additional purchases of common shares of
Katanga through market transactions, private agreements or otherwise.

For further information:

For further information: Robin Walker of Finsbury Limited, +44/20 7251
3801, Mobile: +44/7946 546 933, Robin.Walker@finsbury.com

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