INVESTMENTS OF MACQUARIE GROUP LIMITED IN BELL COPPER CORPORATION

TORONTO, May 9 /CNW/ - Macquarie Group Limited ("Macquarie"), announces that it has beneficial ownership of 19,036,820 common shares and 11,501,640 warrants of Copper Corporation (Bell Copper), each warrant exercisable for one common share of Bell Copper, collectively representing, to Macquarie's knowledge, approximately 17.27% of the issued and outstanding shares of Bell Copper on a partially-diluted basis.

Macquarie has acquired the shares for investment purposes only.  Depending on market and other conditions, Macquarie may change its beneficial ownership of, or potential deemed control or direction over, shares of Bell Copper through market transactions, private agreements, treasury issuances, exercise of options, convertible securities or otherwise.

SOURCE MACQUARIE GROUP

For further information:

please contact Stephen Yan at 212.231.1310.

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MACQUARIE GROUP

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