BANK OF ZAMBIA

OFFICE OF THE DEPUTY GOVERNOR - OPERATIONS

August 26, 2004

CB Circular No: 06/2004

To : All Commercial Banks

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

Further to our circular letter dated 6 January 2003, the Bank has made further changes to its list of Authorised Signatories by adding Chishimba Brian Yumbe and replacing David Nkata with Belly Hambala Dubeka as new authorised signatories for purposes of executing settlements by cheque, draft and other financial instruments (in local and foreign currency).

CATEGORY A

Name	Title	Will sign as below
Chishimba Brian Yumbe	DIRECTOR – FINANCE	[Signature]
Belly Hambala Dubeka	ASSISTANT DIRECTOR – FINANCIAL ACCOUNTING	[Signature]

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

Denny H Kalyalya (Dr)
DEPUTY GOVERNOR - OPERATIONS

[Signature]

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/