No.

15/2009
News release
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
Katanga Announces Signing of Share Purchase Agreement for
KOL
LONDON, UK August 28, 2009 - Katanga Mining Limited (TSX - KAT) ("Katanga" or the
"Company") today announced that it has entered into a share purchase agreement for the acquisition
of Kamoto Operating Limited (KOL), an entity owned by Wayland Management SA (an entity
connected with George Forrest) (Wayland) and Tain Holdings Limited (an entity connected with
Arthur Ditto) (Tain).

The obligations of Wayland and Tain are guaranteed by George Forrest and
Arthur Ditto.
KOL is the operator of the assets of Kamoto Copper Company (KCC) in the Democratic Republic
of Congo pursuant to the terms of an operating agreement between KOL and KCC dated November
2, 2005 (the KOL Operating Agreement).

KCC is an indirect, 75% owned, subsidiary of
Katanga.

As part of the recently announced KCC joint venture agreement with La Générale des
Carrieres et des Mines (Gécamines), the KOL Operating Agreement will terminate on September
30, 2009.
Wayland and Tain have agreed to transfer the entire issued share capital of KOL to Katanga (or as
Katanga may direct) for consideration comprising of a cash payment of USD 1,600,000 and the
issue of 12 million common shares in Katanga (the Katanga Shares).

The issuance of the Katanga
Shares is conditional upon receipt of listing approval from the TSX.
For further information contact:
Steven Isaacs
Interim CEO
Tel: +44 (0) 20 7440 5824
Nick Brodie
CFO
Tel:+44 (0) 7983 447 775
Varshan Gokool
Director, Finance
Tel: +44 (0) 20 7440 5848
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.