Copying multiple files from a list to another directory

I have a list of filenames in a file "list.txt".

1. I want to find out the absolute location of these files
2. and then want to copy to another folder.

I did the following:

$ time for d in $(cat list.txt); do cp `find /media/My_Book/DATA/Raw/ -name "$d"` /media/F3F9/files/ ; done