NKR Nikanor

RNS Number:0543Y
Nikanor Plc
08 June 2007


                                  Nikanor PLC

   Disclosure of interest in shares under Article 79 of Nikanor's Articles of
                                  Association

                                  08 June 2007

Nikanor PLC has received notification from Glencore International AG on 6 June
2007 of its interest in 50,000,000 Nikanor shares to be registered in the name
of Glencore Finance (Bermuda) Ltd. The notification was given on behalf of
Glencore Finance (Bermuda) Ltd and each intermediate holding company between
Glencore International AG and Glencore Finance (Bermuda) Ltd.

This holding represents 24.21% of Nikanor's outstanding share capital as
enlarged by the company's share placing of last week.


As per the Company's announcement of 1 June 2007, 50 per cent. of these shares
(or 25,000,000 shares) were applied for on behalf of Ruwenzori Limited. Nikanor
understands that these shares have not yet been transferred by Glencore
International AG to Ruwenzori Limited.


For further information, please contact:


Nikanor PLC                                           +44 (0)20 7529 5800
Jonathan Leslie, Executive Chairman
Peter Sydney-Smith, Finance Director
Richard Boorman, Head of Investor Relations

JPMorgan Cazenove                                     +44 (0)20 7588 2828
Ian Hannam
Adam Brett
Robert Stafler

Merlin PR                                             +44 (0)20 7653 6620
David Simonson
Tom Randell



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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