RNS Number:7111L
Nikanor Plc
14 January 2008


14 January 2008


Notice of Return of Capital

Further to the notice of EGM posted on 6 December 2007, the Directors of Nikanor
PLC (LSE: NKR) (the "Company"), wish to announce the following information in
respect of a return of capital to be paid to Katanga Mining Limited and all
other holders of ordinary shares of the Company on the Return of Capital Record
Date:

Return of Capital Record Date:                      21 January 2008
Ex-Date:                                            22 January 2008
Payment Date:                                       23 January 2008
Return of Capital per Ordinary Share:               US$2.16


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
Joe Seifert

Citigate Dewe Rogerson                             +44 (0)20 7638 9571
Kate Delahunty
George Cazenove


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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