Update

20 Nov 2007 11:32

For immediate release

Stock Exchange Announcement Tuesday 20th November 2007

COPPER RESOURCES CORP "the Company"

At the Board Meeting held yesterday, the Directors discussed the future funding of the Company and a number of new Board appointments.

The Board is considering other funding arrangements for the ongoing operations of the Company as an alternative to the placing with Glencore International AG announced on 15 November 2007.

The Board has proposed the appointment of two new directors, subject to completion of procedures required under the AIM Rules for Nominated Advisers, and in addition will consider the appointment of further directors to represent the interests of shareholders other than the Forrest Group or Metorex.

Enquiries: Copper Resources Nabarro Wells & Fox-Davies Capital GTH Corporation Co. Limited Limited Communications Jeff Carel Hugh Oram Richard Hail Toby Hall +27 (O) +44 (0) +44 (0) +44 (0) 11 803 1073 20 7710 7400 207 936 5200 207 153 8035