Funds Managed by Pendragon Capital LLP Acquire Securities of Northern Peru Copper Corp.

(PressMethod) - Pendragon Capital LLP ("Pendragon") wishes to announce that on January 17, 2008, funds managed by Pendragon acquired 875,400 common shares in the capital of Northern Peru Copper Corp. ("Northern Peru") through the facilities of the Toronto Stock Exchange. As a result of this transaction, funds managed by Pendragon held a total of 2,921,900 common shares in the capital of Northern Peru representing approximately 9.40% of Northern Peru's issued and outstanding shares. Following subsequent transactions, currently Pendragon holds 2,958,500 common shares in the capital of Northern Peru representing approximately 9.52% of Northern Peru's issued and outstanding shares.
ADVERTISEMENT


Pendragon exercises control over the Northern Peru securities in its capacity as investment manager of a number of funds, including the Pendragon (Master) Fund Ltd., the Pendragon (Convertibles) Fund Ltd., and the CASAM Pendragon Event Value Fund Ltd. The funds managed by Pendragon acquired the Northern Peru securities for investment purposes only, and may acquire additional securities of Northern Peru in the future.



Contact:
John Pennells
Pendragon Capital LLP
44 207 907 8445

CONTACT INFORMATION

Email Us

http://

###

Disclaimer: If you have any questions regarding information in these press releases please contact the company listed in the press release. Please do not contact PressMethod. We will be unable to assist you with your inquiry. PressMethod disclaims any content contained in these release.