NKR Nikanor

RNS Number:7722B
Nikanor Plc
08 August 2007





8 August 2007



DISCLOSURE OF INTEREST IN SHARES


Nikanor plc ("Nikanor") has received notification from Oakey Invest Holdings
Inc. ("Oakey") on 8 August 2007 (pursuant to Article 79 of the company's
Articles of Association) that, as at 7 August following the purchase by Oakey
and related parties of 1,242,978 shares in the Company, Oakey and related
parties had a beneficial interest in the Company of 54,592,978 ordinary shares
representing 26.43 per cent of the total voting rights attached to the issued
ordinary share capital of the Company.


For further information, please contact:

Nikanor PLC                                                 +44 (0) 20 7529 5800
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
END

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