BANK OF ZAMBIA

OFFICE OF THE DEPUTY GOVERNOR - OPERATIONS

April 10, 2003

CB Circular No. 04/2003

To: All Commercial Banks

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AUTHORISED SIGNATURES FOR SETTLEMENTS BY CHEQUE, DRAFT AND OTHER FINANCIAL INSTRUMENTS (IN LOCAL AND FOREIGN CURRENCY)

Further to our Authorised Signatories booklet dated 6 January 2003, the Bank has made amendments to its list of authorised signatories by replacing Mrs Avet Mulonga Hamuwele with Mrs Regina Mukupa Chilupula. Henceforth Mrs Chilupula will be an authorised signatory for settlements by cheque, draft and other financial instruments (in local and foreign currency) as follows:

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CATEGORY A

Name	Will sign as below
Regina Mukupa Chilupula; DIRECTOR – FINANCE

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The above amendments to the authorised signatories are effective immediately. All other signatures contained in the booklet remain valid.

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Denny H Kalyalya (Dr)
DEPUTY GOVERNOR - OPERATIONS

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Bank Square, Cairo Road P.O. Box 30080, Lusaka, Zambia Tel: +260-1-226844 Fax: +260-1-237070 Email: dkalyaly@boz.zm Web: http://www.boz.zm/