RNS Number:6952Q
Monterrico Metals PLC
25 March 2008

                             Monterrico Metals PLC
                        ("Monterrico" or the "Company")

                       Statement Re Share Price Movement


Monterrico, the AIM listed resources company, has noted the recent fall in its
share price.

The Company released a Project Update on 12 March and confirms that it is not
aware of any undisclosed commercial reason for this share price movement.


Enquiries:
Monterrico Metals plc                                    Tel: + 44 20 7776 2900
Richard Ralph (Non-Executive Chairman)
Susan Connolly (Investor Relations Manager)

Ambrian Partners Limited                                 Tel: + 44 20 7634 4711
Tim Goodman



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END
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