Katanga Mining Announces Intended Resignation of CEO

June 16, 2008

LONDON, UK June 16, 2008 – Katanga Mining Limited (TSX – KAT) (“Katanga” or the “Company”) announces that Arthur Ditto has tendered his resignation as President and Chief Executive Officer of Katanga for personal reasons, effective July 10, 2008. Mr. Ditto has offered to continue in his role beyond this date in order to assist the Board with an orderly transition of responsibility to a new CEO.

Pursuant to the Merger Implementation Agreement, Glencore Finance (Bermuda) Limited (“Glencore”), a major shareholder in the Company, has the right to nominate a replacement CEO for the Katanga Board of Directors’ consideration upon acceptance of Mr. Ditto’s resignation.

The Board has been informed that Glencore has identified a prospective candidate to replace Mr. Ditto who will be considered by the Nomination Committee prior to the Board’s final decision. A further announcement shall be made in due course.


For further information contact:
Hugh Stoyell
Non-Executive Chairman
Tel: +44 (0)20 7440 5800		 Gavin Wood
Analyst, Corporate Development
Tel: +44 (0)20 7440 5800		 Tiffany Carlsen
Communications Manager
Tel: +44 (0)20 7440 5800

Media:
Citigate Dewe Rogerson (UK)
Lindsay Noton
Tel: +44 (0)20 7638 9571		 Fleishman-Hillard (North America)
Caroline Spivak
Tel: +1 416 645 8185		  

To learn more about Katanga Mining Limited, please visit our website at www.katangamining.com

Katanga Mining Limited operates a major mine complex in the Democratic Republic of Congo producing refined copper and cobalt. The company has the potential to become Africa’s largest copper producer and the world’s largest cobalt producer, with a targeted annual output of over 300,000 tonnes of refined copper and over 30,000 tonnes of refined cobalt by 2011. Katanga is listed on the Toronto Stock Exchange under the symbol KAT.

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