FQM.L Regulatory News (FQM)

28 Sep 2007 14:56

First Quantum Minerals Ld28 September 2007 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIALRESPONSIBILITY OR CONNECTED PERSONS This form is intended for use by an issuer to make a RIS notification requiredby DR 3.1.4R(1). (1) An issuer making a notification in respect of a transactionrelating to the shares or debentures of the issuer should complete boxes 1 to16, 23 and 24. (2) An issuer making a notification in respect of a derivativerelating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14,16, 23 and 24. (3) An issuer making a notification in respect of optionsgranted to a director/person discharging managerial responsibilities shouldcomplete boxes 1 to 3 and 17 to 24. (4) An issuer making a notification in respect of a financialinstrument relating to the shares of the issuer (other than a debenture) shouldcomplete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. Please complete all relevant boxes should in black capital letters. 1. Name of the issuer 2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or FIRST QUANTUM MINERALS LTD. (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) 2(i) 3. Name of person discharging 4. State whether notification relates to managerial responsibilities / a person connected with a person director discharging managerial responsibilities/director named in 3 and identify the connected person MARTIN ROWLEY N/A5. Indicate whether the notification 6. Description of shares (including is in respect of a holding of the class), debentures or derivatives or person referred to in 3 or 4 above financial instruments relating to or in respect of a non-beneficial shares interest1 Holding Common shares without par value7. Name of registered shareholders(s) 8. State the nature of the transaction and, if more than one, the number of shares held by each of them Disposition of shares on public market Jaeger Investments Pty Ltd., nominee company of Martin Rowley 9. Number of shares, debentures or 10. Percentage of issued class financial instruments relating to acquired (treasury shares of shares acquired that class should not be taken into account when calculating percentage)11. Number of shares, debentures or 12. Percentage of issued class financial instruments relating to disposed (treasury shares of shares disposed that class should not be taken in account when calculating percentage) 70,000 shares 0.10%13. Price per share or value of transaction 14. Date and place of transaction Prices ranging between CDN$91.00 and Transactions during the period $93.80 September 19 - September 21, 2007 on the Toronto Stock Exchange15. Total holding following notification 16. Date issuer informed of and total percentage holding following transaction notification (any treasury shares should not be taken into account when calculating percentage) September 26, 2007 Through Jaeger Investments Pty Ltd. - 350,000 shares (0.52%) If a person discharging managerial responsibilities has been granted options bythe issuer complete the following boxes17. Date of grant 18. Period during which or date on which it can be exercised19. Total amount paid (if any) for grant of 20. Description of shares or the option debentures involved (class and number)21. Exercise price (if fixed at time of 22. Total number of shares or grant) or indication that price is to debentures over which options fixed at the time of exercise held following notification23. Any additional information 24. Name of contact and telephone number for queries None Canada - Christopher Lemon or Christine Schattenkirk - Tel +1 604 688 6577 UK - David Stevens - Tel 01403 273484 Name and signature of duly authorized officer of issuer responsible for makingnotification Christopher Lemon, General Counsel and Corporate Secretary Date of notification September 27, 2007 This information is provided by RNS The company news service from the London Stock Exchange