Katanga Comments on Trading of Common Shares

May 14, 2009

LONDON, UK May 14, 2009 – Katanga Mining Limited (TSX – KAT) (“Katanga” or the “Company”) at the request of the Investment Industry Regulatory Organization of Canada (IIROC), on behalf of the Toronto Stock Exchange, states that Katanga is not aware of any circumstances that may be contributing to the recent increase in market price and the level of trading activity of the common shares of the Company.

For further information contact:

Steven Isaacs
Interim CEO
Tel: +44 (0) 207 440 5824		 Nick Brodie
CFO
Tel:+44 (0) 7983 447 775		 Anu Dhir
VP, Corporate Development
Tel: +44 (0) 207 440 5822		  

About Katanga Mining Limited
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. Katanga is listed on the Toronto Stock Exchange under the symbol KAT.

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