Interest Payment on Katanga Notes

December 11, 2009

LONDON, UK December 11, 2009 - Katanga Mining Limited (TSX - KAT) ("Katanga" or the "Company") announced today that the semi-annual interest payment on its outstanding 14% unsecured subordinated notes (the "Notes") due November 30, 2013 will be made on or about January 4, 2010 to noteholders of record on December 16, 2009 (the "Record Date"). Holders of Notes on the Record Date will receive a cash payment of $70.58 for every $1,000 principal amount of Notes held.

At the close of business on December 10, 2009, Katanga had an aggregate of $124,835,950 principal amount of Notes issued and outstanding.

For further information contact:

Steven Isaacs
Interim CEO
Tel: +44 (0) 207 440 5824		 Nick Brodie
CFO
Tel:+44 (0) 7983 447 775

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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