Appointment of new director



    Trading Symbols:
    CNQ:-CBRL
    Frankfurt Stock Exchange: M5B

    VANCOUVER, Jan. 8 /CNW/ - Copper Belt Resources Ltd. (the Company ) is
pleased to announce that Mr. Rafael A. Pinedo is appointed to the Board of
Directors.
    Mr. Pinedo, based in Texas, U.S.A. has over twenty five year experience
in the energy and finance sectors. He is currently the President and CEO of
Pilgrim Petroleum Corporation and General Energy Corporation, which are
involved in oil and gas exploration projects and producing oil and gas assets
in a wide range of geographical areas. He was the founder and former principal
of American Capital Investment, LLC, an investment banking firm. During 1985
to 1999, he built his career in the IT Industry and was a business consultant
for Cap Gemini America, Ernst & Young, and was Senior Vice President of Oracle
Corporation and Computer Associates International.
    With the expansion of the Board, the diversity and experience of the
whole Board would be further strengthened to bring the Company to a new level.

    The CNQ has not reviewed, and does not accept responsibility for the
    adequacy or accuracy of the contents of this news release.




For further information:

For further information: Dieter Peter, President & CEO, Telephone: (604)
669-2414; Pamela Keck, Investor Relations Coordinator, Telephone (dir): (604)
630-6792

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CB Resources Ltd.

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