ACU African Copper

    FOR:  AFRICAN COPPER PLC

TSX, AIM SYMBOL:  ACU

June 26, 2007

African Copper Completes Private Placement with Botswana Institutional Investors

LONDON, UNITED KINGDOM--(CCNMatthews - June 26, 2007) - African Copper Plc ("African Copper" or the
"Company") (TSX:ACU)(AIM:ACU)(BSE:AFRICAN COPPER) announces that the private placement, previously
announced on 20 June 2007, has closed. A total of 8,367,772 ordinary shares were issued at a price of
11 Botswana Pula (approximately Pounds Sterling 0.89 and C$1.89) per ordinary share, raising total
gross proceeds of 92,045,492 Botswana Pula (approximately Pounds Sterling 7.5 million or C$15.9
million).

The Company paid a capital raising fee in cash to Capital Corporate Finance (Pty) Ltd. (Gaborone,
Botswana) equal to 5% (exclusive of taxes) of the proceeds raised pursuant to the private placement.

As a result of the private placement, 8,367,772 ordinary shares were admitted to trading on AIM of the
London Stock Exchange on 26 June 2007, following which there were a total of 139,574,957 ordinary
shares in issue.

African Copper, PLC

African Copper is a tri-listed (AIM, TSX, Botswana Stock Exchange) international exploration and
development company. African Copper is developing its first copper mine at the Dukwe Mining Project
scheduled to commence production in the first quarter of 2008. The flotation concentrator at Dukwe has
been designed for a 3,000 tonne-per-day throughput producing approximately 44 million pounds of copper
in concentrate annually at full production. Initial production is expected to be from open pit,
followed by underground mining of sulphides.

The Company's other interests are the Matsitama Exploration Project concessions adjacent to the Dukwe
Mining Project, which contains ten high priority drill-ready targets and 35 lower priority targets.
For more information on African Copper, please visit www.africancopper.com or email
info@africancoppper.com.

This press release contains or refers to forward-looking information, including statements related to
future production, exploration and mine development plans, timing of the development of the Company's
projects in Botswana, exploration results, metallurgical test results, and other statements which are
not historical facts. When used in this press release, words such as "schedule", "could", "plan",
"estimate", "expect", "believe", "intend", "may" and similar expressions are forward-looking
statements. Although the Company believes that its expectations reflected in these forward-looking
statements are reasonable, such statements involve risks and uncertainties and no assurance can be
given that actual results will be consistent with these forward-looking statements. Important factors
that could cause actual results to differ from these forward-looking statements include risks related
to failure to convert estimated mineral resources to reserves, the grade and recovery of ore which is
mined varying from estimates, future prices of copper, capital and operating costs varying
significantly from estimates, uncertainties relating to the availability and costs of financing needed
in the future, changes in equity markets, inflation, changes in exchange rates, delays in the
development of projects, conclusions of economic evaluations, political risks arising from operating
in Africa, changes in project parameters as plans continue to be refined, and other risks involved in
the mineral exploration and development industry. Forward-looking statements are subject to
significant risks and uncertainties, and other factors that could case actual results to differ
materially from expected results. Accordingly, readers should not place undue reliance on forward-
looking statements. These forward-looking statements are made as of the date hereof and the Company
assumes no responsibility to update them or to revise them to reflect new events or circumstances,
except as required by law.


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FOR FURTHER INFORMATION PLEASE CONTACT:

African Copper Plc
Naomi Nemeth
Vice President, Investor Relations
(416) 214-2922
Email: Info@africancopper.com
Website: www.africancopper.com

OR

Numis Securities Limited (NOMAD)
John Harrison / James Black
+44 (0) 20 7260 1000

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African Copper Plc



                                                                

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