NKR Nikanor

RNS Number:8526Y
Nikanor Plc
22 June 2007


22 June 2007

This announcement replaces RNS 8406Y and includes a paragraph dealing with a
disclosure required under Schedule 2 (g) of the AIM Rules.

NIKANOR - CHANGES TO BOARD

Nikanor PLC (LSE: NKR), the AIM listed copper and cobalt mining company with
world class assets based in the Democratic Republic of Congo ("DRC"), announces
that Dr Eric Lilford wishes to resign from the Board for personal reasons and
will therefore not seek re-election as a director at the Annual General Meeting
of the Company ("AGM") to be held on 27 June 2007. His resignation will
accordingly take effect at the conclusion of the AGM.

Oakey Invest Holdings Inc, one of the major shareholders of the Company, had
appointed Dr Lilford at the time of the IPO under the terms of its Relationship
Agreement with the Company, and has now notified the Company of the appointment
of Mr Stephen Oke to succeed Dr Lilford as Oakey's representative immediately
after the AGM. Stephen Oke has over 30 years' experience in the mining and
metals industry of which some 12 years were spent in various operational
management positions for the National Coal Board, Anglovaal Ltd, BPCoal and
Johannesburg Consolidated Investment Co Ltd. Subsequently he has held senior
positions in the investment banking industry for Smith New Court, Merrill Lynch,
NM Rothschild and Sons and Standard Bank, specialising in the metals and mining
sector, where he advised on a number of transactions and equity capital fund
raisings worldwide. He has a BSc Honours degree in Geology from the University
of Southampton and an MBA from the University of the Witwatersrand Graduate
School of Business. He is a non executive director of KazakhGold Group Ltd and
International Ferro Metals Ltd.

Commenting on the changes, Executive Chairman Jonathan Leslie said:

"The Board and the Company have benefited greatly from Eric Lilford's knowledge
and experience. We are sorry to see him go and wish him well for the future.
Stephen Oke brings with him to the Board enormous experience of the mining and
metals industry and of investment banking, and we look forward to welcoming him
onto the Board."

Disclosure under Schedule 2 (g) of the AIM Rules:

Stephen Douglas Oke (aged 53) has had the following directorships and
partnerships in the past 5 years:

Current directorships/partnerships: KazakhGold Group Ltd; International Ferro
Metals Ltd; Ridgway Mining Ltd

Previous directorships/partnerships held in past 5 years: none

There are no further disclosures with respect to Schedule 2 (g) of the AIM
Rules.


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

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
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