FQM.L Regulatory News (FQM)

Name of applicant:

First Quantum Minerals Ltd.

Name of scheme:

(a) Adastra Consideration and (b) FQML Stock Option Plan

Period of return:

From:

4 April 2008

To:

3 October 2008

Balance of unallotted securities under scheme(s) from previous return:

1,057,645

Plus: The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):

Nil

Less: Number of securities issued/allotted under scheme(s) during period (see LR3.5.7G):

286,198

Equals: Balance under scheme(s) not yet issued/allotted at end of period:

771,447

Name of contact:

David Stevens

Telephone number of contact:

01403 273484 or 07711 171534

Name of applicant:

First Quantum Minerals Ltd.

Name of scheme:

Acquisition of Scandinavian Minerals Ltd.

Period of return:

From:

21 July 2008

To:

3 October 2008

Balance of unallotted securities under scheme(s) from previous return:

This is the first return since block listing was obtained for 285,000 shares. (The return is being made less than six months after the block listing was obtained in order to harmonise the dates of this and future returns with those of another block listing granted on 4 October 2007.)

Plus: The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):

Nil

Less: Number of securities issued/allotted under scheme(s) during period (see LR3.5.7G):

283,894

Equals: Balance under scheme(s) not yet issued/allotted at end of period:

1,106

Name of contact:

David Stevens

Telephone number of contact:

01403 273484 or 07711 171534