Change in Shareholding

For immediate release

Stock Exchange Announcement

19 March 2007

                             COPPER RESOURCES CORP                             

                            Change in Shareholdings                            

Further to the announcement on 26 February 2007 of the completion of a US$15
million placing by Copper Resources Corp ("CRC"), CRC was advised on 12 March
2007 that L-R Global Partners LP and L-R Global Fund Limited purchased a
combined total of 666,666 new common shares at the placing price of 77p
(US$1.50).

This purchase took their combined total interest to 6,666,666 common shares
representing 9.44% of the issued share capital of CRC.

These holdings are split as to 3,548,666 common shares held by L-R Global
Partners LP and 3,118,000 common shares held by L-R Global Fund Limited.

---ENDS---

For Further Information:

     Copper Resources         Nabarro Wells & Co.        GTH Communications    
       Corporation                  Limited                                    
                                                                               
     Mitchell Alland               Robert Lo                  Toby Hall        
                                                                               
 Executive Vice Chairman                                                       
                                                                               
         +44 (0)                    +44 (0)                   + 44 (0)         
                                                                               
      78 7569 5563                20 7710 7400              20 7153 8035