Change in Shareholdings

For immediate release

Stock Exchange Announcement

2 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