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March 2007

De Witt Gerald Wolfe Eric Peitz Thomas White Angel Alvalrez Miguel Grau M. Renzoni George R. O'Neil Carl L. Director & Executive Chairman Founder & Director Founder & Director President. David Lowell Catherine E.Directors & Management J. Thomas J. CEO & Director Chief Financial Officer Vice President of Development Exploration Manager Independent Director Independent Director Independent Director Independent Director Independent Director . McLeod-Seltzer David E. Fairchild 2 Founder. Ireland John P.

one of the world's largest producers of copper and zinc Eric Peitz: Previously CFO for Doe Run Peru S.L (Lima.R.Peru Copper New Management Team Expertise in Building. Peru). an international natural resource company focused on the mining. Starting and Operating Large Scale Mines: Gerald Wolfe: Previously President & CEO of Compania Minera Antamina. smelting. recycling and fabrication of metals Thomas White: Previously Vice President of Operations for MK Resources Company ("MK") and Manager of Corporate Engineering for Homestake Mining Company ("Homestake") 3 .

42.The Toromocho Deposit Part of the Historic Morococha Mining District in Peru Originally Identified by Cerro de Pasco Corp..000 m Drilled Peru Copper Awarded Option to Buy Land and Mining Concession View of the IMC Pit looking south 4 .

Peru Toromocho 5 .

Unique Project Advantages Located in a Mining Friendly Country Scarcity Value Due to Large Size and Excellent Economics Upside Potential Low Strip Ratio of 0.57 Waste to Ore Infrastructure In Place: Located on Central Highway Water and Power Railway in Place Historic Mining District Locally Available Skilled Labor Port Available 6 .

Infrastructure / Pit Outline 7 .

Gold. Drilling Ongoing View inside Peru Copper Core Shack 8 . Work Completed Completed Major Drill Program: Total of 132.467 Metres Drilled (42.Peru Copper Inc.394 drilled by prior operators) Completed PreFeasibility Study & Technical Report March 2006 Column Leach Tests 2006 – 60% Cu Recovery New Discoveries of Copper. Zinc Mineralization Identified.

546 212 312 132 Tonnes Total Cu Moly (millions) % % Proven+ Probable (i) Measured + Indicated (ii) 1.00/lb. Copper.22 to $3. $6.52 NSR / Tonne Leach Cutoffs.06 6.51 0.2006 Reserve Estimate Revised Statement of Reserves and Resources. 0. $5.01 7.016 Equivalent Silver Copper gm/t % 7.37 0.459 4.374 601 0.976 151 0. March 28. 2006 Contained Metal (millions) Cu Lbs.00/lb.57 Total Total Inferred (ii) 1. Cu.99 0.61 20.018 0.85 0.007 x Silver ($1.085% Soluble Copper Cutoff Grades for Mineral Resources 0. $4.905 Moly Silver Lbs.71 0.895 791 482 (i) Metal Prices for Mineral Reserves and Resources $0.00/lb.27% Equivalent Copper (ii) Equivalent Copper on this Table based on Copper + 9.67 0.364 758 444 1.44% to 0.127 21.531 33 38 Total: 2. Mo. $5.70 x Moly + 0.47 0.82 0. 15.46 0.Oz Silver) 9 .017 6.50/Oz Ag Cutoff Grades for Mineral Resources Vary by Year Floatation Cutoffs.90/lb. Mo.50. $10. Oz.

2006 Technical Report by Independent Mining Consultants. Inc.000 Tonnes (601 Million lbs.30 Cu Supports High Annual Metal Production 273. ("IMC") of Tucson.2 Billion at $1. of Molybdenum Over 20 Year Reserve Life (i) Based on March 28.Toromocho Project March 2006 Technical Report (i) Excellent Economics 17% IRR.) of Copper 12 Million lbs. NPV$1. Arizona 10 .

Feasibility Study To Be Completed by the End of 2007 Lead Firm Aker Kvaerner Experience in Design and Construction Optimizing Concentrator Capacity Investigating Increasing Heap Leach Possibility of Significantly Smaller Up Front Capital Investment Shorter Timeframe to Copper Production Potential Local Source of Sulphuric Acid 11 .

Development Plan to June 2008 Exercise Toromocho Option Peru Copper becomes owner of surface land and mining concessions Sufficient for mine. heap Consolidate Ownership Positions Complete Full Feasibility Study Relocation of Morococha Financing 12 . tailings. facilities.

2007 13 .m. (Vancouver time) on March 18.2M Exercise Price @ CDN $1.624 46.932 7.65 per share at any time before 5:00 p.893 126.260 130.41 & US$1.40 Each Broker's Option is exercisable for a common share at a price of C$1.879.540.208.777 US$42.722.26-$5.Share Capital Common Shares Shares Held by Founders Options (1) Brokers Options (2) Fully Diluted Cash at 9/30/06 (1) (2) 119.

Summary One of the Largest Undeveloped Copper Projects in the World Excellent Project Economics Unique Project Advantages – Infrastructure and Stripping Ratio Project Still Open to Further Exploration Two New Discoveries – North & South of Orebody Continue Fast Track Development of Toromocho 14 . 604-689-0234 info@perucopper.Corporate Information Listings: TSX: AMEX: BVL: Website: Investor Relations: PCR CUP CUP 15 .

Generally. 2005 available at www. investors are advised that while such terms are recognized and required by Canadian regulations. projected mineral recovery rates and Peru Copper’s commitment to. Mineral resources which are not mineral reserves do no have demonstrated economic viability. uncertainties and other factors that may cause the actual results. “forecasts”. the economic viability and estimated internal rate of return of the Toromocho Project.S. investors are also cautioned not to assume that all or any part of an Inferred Mineral Resource exists. U. Readers should refer to the annual information form of Peru Copper for the year ended December 31. silver. “is expected”. 2005. investors are cautioned not to assume that all or any part of Measured or Indicated Resources will ever be converted into reserves. “budget”. It cannot be assumed that all or any part of an inferred resource will ever be upgraded to a higher category. “anticipates” or “does not anticipate”. Although Peru Copper has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements. “estimates”. estimated or intended. and great uncertainty as to their economic and legal feasibility. but are not limited to. For further information relating to the pre feasibility study. the Securities and Exchange Commission does not recognize them. the estimation of mineral reserves and mineral resources. The contents of this presentation is for informational purposes only and does not constitute an offer to sell or a solicitation to purchase any securities referred to herein. Accordingly. the Toromocho Project.sedar. which is subject to the qualifications and notes set forth therein. except in accordance with applicable securities laws. is not guaranteed as to its accuracy or completeness. “Indicated” and “Inferred” Resources. and in the section entitled “Narrative Description of the Business – Risks of the Business” in the Annual Information Form of the Company dated March 24. or variations of such words and phrases or state that certain actions. INDICATED AND INFERRED RESOURCES This presentation uses the terms “Measured”. including but not limited to: risks related to the exploration and potential development of the Toromocho Project. and plans for developing. Forward-looking statements D. statements with respect to the future price of copper and molybdenum.C. readers should not place undue reliance on forward-looking statements. there may be other factors that cause results not to be as anticipated. molybdenum and gold. “can”. estimated future capital and operating costs. The contents are not to be reproduced or distributed to the public or press. as actual results and future events could differ materially from those anticipated in such statements. “would”. “might” or “will be taken”. the mine life of the Toromocho Project. while obtained from sources which we believe are reliable. “Inferred Resources” have a great amount of uncertainty as to their existence. future stripping ratios. WHERE TO FIND FURTHER INFORMATION Readers are advised that National Instrument 43-101 of the Canadian Securities Administrators requires that each category of mineral reserves and mineral resources be reported separately. INVESTORS CONCERNING ESTIMATES OF MEASURED. “expects” or “does not expect”. the actual results of current exploration activities. 16 .Cautionary & Disclaimer Statements CAUTIONARY NOTE TO U. 2005 available at www. the results of drilling. U. the timing of exploration activities.S.sedar. “occur” or “be achieved”. or is economically or legally mineable. performance or achievements of Peru Copper to be materially different from those expressed or implied by such forward-looking statements. U. Forward-looking statements are subject to known and unknown risks. “intends”. CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION This presentation contains “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. please refer to news release dated February 8. Peru Copper does not undertake to update any forward-looking statements that are incorporated by reference herein. Under Canadian rules. these forward-looking statements can be identified by the use of forward-looking terminology such as “plans”. “scheduled”. The information contained herein.S. events or results “may”. for this detailed information. changes in project parameters as plans continue to be refined. 2004 and other continuous disclosure documents filed by Peru Copper since January 1. estimates of Inferred Resources may not form the basis of feasibility or other economic studies. “could”. or “believes”. risks related to international operations. There can be no assurance that such statements will prove to be accurate. DISCLAMER The information contained in this presentation is confidential and for internal use level of activity. future prices of copper.S. as well as those factors discussed in the section entitled “Risk Factors” in the Form F-1 as on file with the Securities and Exchange Commission in Washington. conclusions of economic evaluations.