News Release Details

FCX Declares Quarterly Cash Dividends on Common and Preferred Stocks

03/29/07

NEW ORLEANS & PHOENIX--()--Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) today declares the following quarterly cash dividends payable on May 1, 2007 to holders of record as of April 16, 2007:

  • $0.3125 per share of FCXs Common Stock (NYSE: FCX).
  • $13.75 per share of FCXs 5½% Convertible Perpetual Preferred Stock.

FCX is a leading international mining company with headquarters in Phoenix, Arizona. FCX operates large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum. FCX has a dynamic portfolio of operating, expansion and growth projects in the copper industry. The Grasberg mining complex, the worlds largest copper and gold mine in terms of reserves, is the companys key asset. FCX also operates significant mining operations in North and South America and is developing the potentially world-class Tenke Fungurume project in the Democratic Republic of Congo. Additional information about FCX is available on our website at www.fcx.com.

Contacts

Freeport-McMoRan Copper & Gold Inc., New Orleans
Financial Contact:
David P. Joint, 504-582-4203

Categories: Press Releases