Change in Shareholdings

2nd May 2008 08:02

For immediate releaseStock Exchange Announcement2 May 2008 COPPER RESOURCES CORP ("the Company") Change in Shareholdings

Copper Resources Corp would like to draw attention to the announcement released on 1 May by Central African Mining & Exploration Company plc ("CAMEC") that CAMEC has entered into an agreement to acquire 22,320,333 shares in CRC at 200p pence per share, representing an effective interest of 25.98% in CRC, which will be satisfied partly by the allotment of new CAMEC shares and partly by cash consideration of approximately ‚£8.9 million. Completion of this transaction is subject to the Admission of the newly allotted CAMEC Shares to trading on AIM.

CAMEC has also acquired a further 52,500 shares in CRC in on-market trading.

Following the announcement made by CAMEC on 21 April that it had acquired an interest of 18,152,500 CRC shares, amounting to 21.13% of CRC's issued share capital, CAMEC is now interested in a total of 40,525,333 CRC shares, representing 47.17% of the issued share capital of CRC.

Copper Resources Nabarro Wells & Fox-Davies GTH Corporation Co. Limited Capital Limited Communications Jeff Carel Hugh Oram Richard Hail Toby Hall Company Secretary +27 (0) +44 (0) +44 (0) +44 (0) 11 803 1073 20 7710 7400 207 936 5200 20 7153 8035

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Related Shares:

CRC.L