Listing of B Shrs onLusaka SE

Zambia Consolidated Copper Mines Limited
14 December 1999


Lusaka, Tuesday 14 December 1999:  Zambia Consolidated  Copper
Mines  Limited  (ZCCM)  requested on  29  November  1999,  the
suspension  of the listing of its 'B' Ordinary Shares  on  the
London  Stock Exchange, pending the despatch of a circular  to
ZCCM's  shareholders concerning the disposal of the  Chambishi
Cobalt and Acid Plants and Nkana Slag Dumps.

With  the progression of other privatisation issues, ZCCM  has
resolved  to  transfer its primary listing to its  country  of
incorporation  with  effect from today 14  December  1999  and
therefore has applied to the Lusaka Stock Exchange for the 'B'
Ordinary Shares to be primarily listed thereon.

ZCCM  will seek restoration of the listing on the London Stock
Exchange as its secondary listing for its 'B' Ordinary Shares,
following the despatch of the Chambishi circular.
     
There will be no change in the arrangements on the BOURSE de
PARIS (March, Libre).