Vancouver, B.C.: Bell Copper Corporation ("Bell Copper" or the "Company") (TSX-V Symbol: BCU) reports that as a result of a review by the British Columbia Securities Commission, it is issuing the following news release to clarify its disclosure.

The Company has filed an independent technical report dated May 20, 2005, revised June 20, 2005 (the "Granduc report"). Portions of the Granduc report should not be relied on because it contains disclaimers of compliance for historical resource estimates and other information at the Granduc. All mineral resource estimates at Granduc are historical in nature and have not been adequately reviewed by a Qualified Person to be reported as current resources. They also lack original assay sheets, specific gravity determinations and quality control data, and must only be regarded as historical resources that cannot be relied upon by anyone. The historical resources at Granduc are to be used for geological purposes only. The economic analyses previously disclosed for Granduc in the Company's website and investor materials cannot be supported by any new technical report at this time.

The Company has made reference through its website and other materials to the results of internal economic analysis of both the Granduc and La Balsa projects not supported by a technical report. In response the Company retracts any reference made to any unsupported economic analysis of either the Granduc or the La Balsa projects and has removed any references from its website and materials.

The Company has reported mineral resources in a manner that is contrary to NI 43-101 for the Granduc and La Balsa projects. In response all references to the La Balsa mineral resource have been replaced by the resource table as contained in the Behre Dolbear NI43-101 Technical Report on the La Balsa project.

The Company specifically retracts the estimates of potential exploration targets at its Sombrero project of 10-20 million tonnes of 1.5% Cu to 2.5 % Cu ore in breccias, underlain by 200-300 million tonnes of 1.0% Cu-Mo ore in subjacent porphyry targets. The Company does not have drillhole or other information specific to this volume of rock that could satisfy the reporting requirements of s.2.3(2)(b) of NI 43-101, and it was based on a hypothetical ore deposit model unproven by any exploration to depth. The potential quantity and grade is conceptual in nature. There has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource.

Furthermore, the Company retracts a previously disclosed 40-150 million tonne estimate of a potential exploration target at Granduc because the known geology at Granduc makes this range of tonnages appear overly promotional. The potential exploration targets at Granduc are retracted and restated adopting a more conservative tonnage range that falls within the small to median tonnage of known Besshi-type deposits world-wide as published by the Geological Association of Canada (Slack, J.F., 1993, Descriptive and grade-tonnage models for Besshi-type massive sulfide deposits, in Kirkham, R. V., Sinclair, W.D., Thorpe, R.I., and Duke, J.M., eds., Mineral deposit modeling, GAC Special Paper 40, p. 343-372). The tonnage range that the Company is targeting in its exploration at Granduc will therefore be between 20 and 40 million tonnes. The grade range that the Company is targeting in its exploration at Granduc will be between 1.5% Cu and 2.5% Cu which is both within the range of previous drill intersections of the Granduc Mine Series rocks and is also within the range of recent exploration drilling results derived up to 800 meters south of and 2000 meters north of the historic resources at Granduc along what is reasonably inferred to be the same geological interval (the late-Triassic Granduc Mine Series) that hosts the historic resources. The potential quantity and grade referred to above is conceptual in nature. There has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource.

Geological and geophysical support for the Granduc exploration target size and quality comes from successful prospecting in areas of recent glacial retreat, from geophysical surveying, and from Diamond drilling. An airborne EM/magnetic survey flown in May 2005 showed linear high magnetic anomalies and high conductivity anomalies coincident with the Granduc Mine Series rocks, supporting the concept that this same stratigraphic package of magnetite-facies exhalite, massive sulfide, and graphitic argillite extends under ice nearly one kilometre south of and two kilometres north of the Granduc Mine. A former geologic theory which held that the Granduc Mine Series had been faulted away at the north end of the Granduc Mine has been shown to be erroneous by this survey and the subsequent discovery in 2006 of outcropping magnetite- and massive sulfide-exhalite further north in an area recently exposed by melting of the Granduc Mountain icefield. Subsequent Diamond drilling by the Company in 2005 and 2006 of 17 Diamond drillholes which targeted the along-strike continuation of the Granduc Mine Series rocks beneath the South Leduc glacier and the Granduc Mountain icefield demonstrated that the aeromagnetic and EM anomalies were indeed related to exhalative magnetite iron formation, massive sulfide, and interbedded graphitic argillite and tourmaline-bearing chert. The following table summarizes drill intersections from the Company's Diamond drilling campaigns in 2005 and 2006: