FQM.L Regulatory News (FQM)

22 Feb 2008 07:00

First Quantum Minerals Ld22 February 2008 NEWS RELEASE 08-06 February 21, 2008 www.first-quantum.com FIRST QUANTUM MINERALS TO PAY DIVIDEND OF CDN $0.54 PER SHARE First Quantum Minerals Ltd. ("First Quantum" or the "Company", TSX Symbol "FM",LSE Symbol "FQM") will pay a final dividend of Cdn $0.54 per share in respect ofthe financial year ended December 31, 2007. The dividend will be paid on May 2,2008 to shareholders of record on April 11, 2008. The ex-dividend date is April9, 2008. The final dividend of Cdn $0.54, together with the interim dividend of Cdn$0.24, totaling Cdn $0.78, represents 10% of the after tax profits of theCompany for the 2007 financial year. The Dividends paid are considered eligibledividends for Canadian tax purposes. On Behalf of the Board of Directors 12g3-2b-82-4461of First Quantum Minerals Ltd. Listed in Standard & Poor'sG. Clive Newall Sedar Profile #00006237President For further information visit our web site at www.first-quantum.com Contact: Clive Newall, President1st Floor, Mill House Mill Bay Lane Horsham West Sussex RH12 1TQ United Kingdom Tel: +44 140 327 3484 Fax: +44 140 327 3494 E-Mail: clive.newall@fqml.com. Or Harriet Pask or Sarah MacLeod Hogarth Partnership Ltd. Tel: +44 (0) 20 7357 9477 The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Certain information contained in this news release "forward-looking statements"within the meaning of the Private Securities Litigation Reform Act of 1995 andforward-looking information under applicable Canadian securities legislation.Such forward-looking statements or information, including but not limited tothose with respect to the prices of gold, copper, cobalt and sulphuric acid,estimated future production, estimated costs of future production, the Company'shedging policy and permitting time lines, involve known and unknown risks,uncertainties, and other factors which may cause the actual results, performanceor achievements of the Company to be materially different from any futureresults, performance or achievements expressed or implied by suchforward-looking statements or information. Such factors include, among others,the actual prices of copper, gold, cobalt and sulphuric acid, the factualresults of current exploration, development and mining activities, changes inproject parameters as plans continue to be evaluated, as well as those factorsdisclosed in the Company's documents filed from time to time with the Alberta,British Columbia, and Ontario Securities Commissions, the Autorite des marchesfinanciers in Quebec, the United States Securities and Exchange Commission andthe London Stock Exchange. ENDS This information is provided by RNS The company news service from the London Stock Exchange