Copperbelt Energy Corporation Plc (“CEC” or the “Company”) is majority owned by Zambian Energy Corporation (“Ireland”) Limited (“ZECI”) which holds 52% shareholding whilst the balance of 48% is held by various institutional and retail investors.

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

Background Shareholders are referred to the announcements by CEC first issued on 10 July 2013 and subsequently updated since then and more recently on 27 December 2013 (the “Declaration Announcement”) and on 17 January 2014

Further to the last cautionary announcement dated 11 February 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,

INTRODUCTION In compliance with the Listing Rules of the Lusaka Stock Exchange (“LuSE”) and further to the Declaration Announcement dated 27 December 2013, the Finalisation Announcement, dated 17 January 2014 and the Extension Period of

Introduction In compliance with the Listing Rules of the Lusaka Stock Exchange (“LuSE”) and further to the Declaration Announcement dated 27 December 2013 and the Finalisation Announcement dated 17 January 2014, shareholders are advised that

Further to the first cautionary issued on 24 December 2013 and in compliance with the provisions of the Securities (Registration of Securities) Rules, 1993 of the Securities Act, Cap 354 of the Laws of Zambia

Finalisation Announcement – the terms of the Rights Offer Introduction In compliance with the Listing Rules of the Lusaka Stock Exchange (“LuSE”) and further to the Declaration Announcement dated 27 December 2013, shareholders are advised