LA Los Andes Copper Ltd

The first paragraph of the Los Andes Copper Ltd. (TSX VENTURE:LA)(PINK
SHEETS:LSANF) press release disseminated at 5:34 PM ET on September 29, 2010
contained several errors. The revised first paragraph, and the rest of the
release, follows:


Los Andes Copper Ltd. ("Los Andes", or the "Company") (TSX VENTURE:LA)(PINK
SHEETS:LSANF) is pleased to announce that the Company has received conditional
approval from the TSX Venture Exchange ("TSXV") for the consolidation of the
Vizcachitas property (the "TBC Transaction") and a concurrent financing (the
"Financing"). This will be the first time after several decades that the entire
resource contained in the Vizcachitas property is under unified ownership, which
will put Los Andes in a position to undertake the necessary steps to advance the
project towards its ultimate development.


In exchange for the issue to Turnbrook Corporation ("TBC") and certain TBC
nominees (together the "Subscribers") of 35,000,000 common shares in the capital
stock of Los Andes and 13,000,000 warrants to purchase Los Andes common shares
at a price of $0.15 per share for a period of three years following the closing
of the TBC Transaction, the Company will receive all of the outstanding
securities of Gemma Properties Group Limited ("GPGL"). It is expected that, upon
closing of the TBC Transaction, TBC will become a "control person" of Los Andes
and at least 50% of Los Andes' board will be made up of TBC nominees. TBC is a
private investment company incorporated pursuant to the laws of the Bahamas.


Pursuant to the Financing, Los Andes will raise aggregate gross proceeds of up
to approximately $2.55 million by the issuance to the Subscribers of
approximately 17,000,000 Los Andes Shares at a price of $0.15 per share.


GPGL is a private investment company, incorporated pursuant to the laws of the
British Virgin Islands that owns 99 of the 100 issued and outstanding shares of
Inversiones Los Patos S.A. ("Los Patos"). The owner of the remaining share in
Los Patos will transfer that share to Los Andes. Los Patos is the legal and
beneficial owner of 49% of the issued and outstanding shares of Sociedad Legal
Minera San Jose Uno de Lo Vicuna, El Tartaro y Piguchen de Putaendo (the "SLM"),
and the SLM is the legal and beneficial owner of the mining concessions (the "SJ
Concessions") that form the central portion of the Vizcachitas property.


Los Andes is the indirect legal and beneficial owner of the remaining 51% of the
shares of the SLM, and also is the indirect legal and beneficial owner of, or
has an option to purchase, the claims surrounding the SJ Concessions that make
up the remainder of the Vizcachitas property. The TBC Transaction will provide
Los Andes with 100% of the central mining claims of the Vizcachitas Property.


Completion of the TBC Transaction and the Financing is subject to agreement on
and completion of formal documentation, due diligence, approval by the boards of
TBC and Los Andes, the approval by written consent of disinterested Los Andes
shareholders holding a simple majority of the outstanding shares, and the filing
on SEDAR of a Filing Statement setting out information relevant to the TBC
Transaction. The Subscribers and their respective insiders holding Los Andes
shares will not be entitled to vote on the approval of the Transaction.


Shareholders of Los Andes are asked to provide their contact information to Los
Andes at approve@losandescopper.com in order that we may disseminate consents in
writing. Once the Filing Statement has been approved by the TSX Venture Exchange
and filed on SEDAR, the Company will distribute Forms of Consent to be executed
and returned to the Company.


About Vizcachitas

The Vizcachitas Project offers potential for a low strip, open pit operation in
an area of low elevation with excellent infrastructure, including water and
power in central Chile. The Vizcachitas deposit occurs in the same metallogenic
belt as the giant copper-molybdenum porphyries Rio Blanco-Los Bronces, Los
Pelambres and El Teniente. Based on 35,255 metres of drilling in 130 diamond
drill holes, the project contains an indicated resource of 515 million tonnes
grading 0.39% copper and 0.011% molybdenum and an inferred resource of 572
million tonnes grading 0.34% copper and 0.012% molybdenum at a 0.30% copper
equivalent cutoff. Additional information about the Vizcachitas Project is
available in the National Instrument 43- 101 Technical Report prepared by AMEC
and filed by the Company on SEDAR on August 29 2008, and on our website at
www.losandescopper.com.


This document contains certain forward looking statements which involve known
and unknown risks, delays and uncertainties not under the Company's control
which may cause actual results, performance or achievements of the Company to be
materially different from the results, performance or expectation implied by
these forward looking statements.

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