African Copper provides outstanding growth

African Copper Plc issues a new schedule for the first five years of production at its Mowana Mine in Botswana. This schedule improves upon the one included in the report entitled “National Instrument 43-101 Technical Report On The Mowana Mine, Botswana” dated 26 November 2007 by Read, Swatman & Voigt (Pty) Ltd.

African Copper management reviewed the operating parameters – mining schedules, metallurgical results, offtake agreement and cost build-up – and optimized the production profile for the first five years in the Mowana Mine open pit. The new production schedule has the potential to generate higher production, lower costs and defer additional capital requirements for two years. The main features of the new schedule, which runs from 2008 to 2012, are as follows:

- Only high-grade oxide will be processed during 2008 and 2009, while the lower grade material will be stockpiled.

- Recoveries will be maximized, resulting in higher production.

- The incorporation of a Dense Media Separation (“DMS”) plant will be delayed until mid-2010 when sufficient quantities of supergene and sulphide material are available. As a result, the related estimated capital expenditure of approximately US$13 million for the DMS plant will be postponed for two years.

- The deferring of the DMS plant allows time to accumulate sufficient supergene and sulphide material to feed the concentrator so that it can run at full capacity for the balance of the mine life.

Production is expected to be 11% higher in the first five years of mining