Announcement of the terms of the Mandatory Offer to the minority shareholders of Copperbelt Energy Corporation PLC ("CEC"). Background 1.1 We refer to the Cautionary Announcements made by Copperbelt Energy Corporation Plc (“CEC” or the

Further to the last cautionary announcement dated 04 March 2014 and first issued on 24 December 2013 and in compliance with the provisions of the Securities (Registration of Securities) Rules, 1993 of the Securities Act,

Further to the Renounceable Rights Offer Results Announcement dated 18 March 2014, under which Copperbelt Energy Corporation PLC (“CEC”) announced the strong support received from the shareholders of the Company and that the majority of