Mr. Philip Potter reports

GETTY COPPER INC. ANNOUNCES PRIVATE PLACEMENT

Subject to regulatory approval, Getty Copper Inc.'s board of directors has approved a private placement of up to 3.5 million units at 20 cents per unit, with each unit consisting of three flow-through common shares, one non-flow-through common share, three warrants to purchase flow-through shares and one warrant to purchase a non-flow-through common share (total of four shares and four warrants priced equivalent to five cents for each share with warrant). Each warrant will be exercisable to purchase an additional common share at 10 cents per share for a period of three years from closing, subject to the company's option to accelerate the expiry date of the warrants in the event, at any time after the four months following their issuance, the closing price of the company's common shares exceed 30 cents per common share for 20 consecutive trading days.

The company will pay a finder's fee to registered investment dealers or exempt market dealers of up to 8 per cent of the proceeds and will issue finders warrants equal to 8 per cent of the number of shares comprising the units sold to parties introduced by the finder. The finder's warrants will be exercisable for a period of 12 months to purchase a non-flow-through common share at 10 cents per share.

The proceeds of the placement will be used to complete work programs on the company's Getty properties in the Highland Valley and for general corporate purposes.