Mr. David McQuaig reports

CELESTE COPPER ANNOUNCES ALAN SHOESMITH HAS BEEN APPOINTED TO THE ROLE OF PRESIDENT AND CEO

Alan Shoesmith, FFA, has been appointed chief executive officer and president of Celeste Copper Corp.

Mr. Shoesmith brings 40 years of commercial experience to Celeste, having previously been chief executive officer of the Shaw Group, a highly diversified group of companies overseeing operations in specialist engineering, manufacturing and property management. Since 2001, Mr. Shoesmith has been CEO of Baseresult Holdings and subsequently Western United Mines, the operating arm of Celeste's partially owned subsidiary Cornish Minerals Ltd. In this capacity Mr. Shoesmith had oversight of the South Crofty project and managed all activities in relation to the commercial, governmental permit, planning and mineral right aspects to the project.

Farhad Abasov, chairman of Celeste, commented: "We are pleased to have Alan join Celeste as he is an experienced senior executive and he has guided the company's key asset, the South Crofty project, since the mine was acquired in 2001. I know Alan is committed to bringing this important project back into production and helping the Celeste team realize the value that our exciting projects represent for our shareholders. I look forward to working with him."

Mr. Shoesmith commented: "I am excited to be working with the Celeste management team to bring its historical mine project in Cornwall, England, back into production. South Crofty is a polymetallic project with the potential scale to create a significant value opportunity for Celeste's shareholders."

Celeste also announces that Norman Brewster will be resigning as the company's president and CEO, but remains actively involved with Celeste as a member of the board of directors. Farhad Abasov, chairman of Celeste, commented, "On behalf of the Celeste board we would like to thank Norm for his positive contribution to the corporation during his tenure as president and CEO and we are pleased that he will be continuing to contribute to Celeste's progress as a member of the board."

We seek Safe Harbor.