Katanga Mining Invests in DRC Agricultural Projects and Will Not Be Adversely
Affected by Recent Export Restrictions

BAAR, Switzerland, Feb. 3 /CNW/ - Katanga Mining Limited (TSX:KAT) (the "Company") announces that it continues to invest in agricultural projects in the Katanga region of the Democratic Republic of Congo and will look to increase this investment in an appropriate manner. Accordingly, the Company believes the recently announced export restrictions on companies failing to invest in agricultural projects in the Katanga region will not adversely affect the Company's business.

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.

For further information:

Katanga Mining Limited

John Ross

CEO

[phone]

or

Katanga Mining Limited

Nick Brodie

CFO

[phone]