Nissan Copper Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 23, 2008, inter alia, to consider the following business :

1. To consider the increase in the authorized capital of the Company.

2. To consider the issue of equity warrants on preferential basis.

3. To fix day, date, time and venue of the extra-ordinary general meeting to approve the increase in the authorized capital and issue of equity warrants on preferential basis.

4. To approve the draft notice of the extra-ordinary general meeting.