First Quantum Announces Launch of Dividend Reinvestment and Share Purchase Plan - Seite 2

No commissions, service charges or brokerage fees will be payable by Plan participants in connection with their purchase of Common Shares under the Plan. However, Beneficial shareholders who wish to participate in the Plan through the broker, investment dealer, financial institution or other nominee who holds their Common Shares should consult that nominee to confirm what fees, if any, the nominee may charge to enroll in the Plan on their behalf or whether the nominee's policies might result in any costs otherwise becoming payable by the beneficial shareholder.

Participation in the Plan will not relieve Plan participants of any liability for taxes that may be payable on dividends. Eligible Shareholders should consult their own tax advisors concerning the tax implications of their participation in the Plan having regard to their own particular circumstances.

The Common Shares and the Common Shares to be issued pursuant to the Plan are not, and will not be, registered under the United States Securities Act of 1933, as amended, and accordingly, the Common Shares issued pursuant to the Plan are not being publicly offered for sale in the United States or in any of the territories or possessions thereof or any other jurisdictions or to or for the benefit of "U.S. Persons" (as such term is defined in Regulation S under the United States Securities Act of 1933, as amended). Participation in the Plan will not be accepted from any person or person's agent who is not an Eligible Shareholder.

Forward-Looking Information

Certain information contained in this news release constitutes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and forward-looking information under applicable Canadian securities legislation. Such forward-looking statements or information involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such factors may include, among others, those factors disclosed in the Company's documents filed from time to time with the Alberta, British Columbia, and Ontario Securities Commissions, the Autorité des marchés financiers in Quebec, the United States Securities and Exchange Commission and the London
Stock Exchange.

On Behalf of the Board of Directors of First Quantum Minerals Ltd.

G. Clive Newall, President

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Listed in Standard and Poor's

North American contact:
Sharon Loung
Director, Investor Relations
[phone] or Toll Free: 1 [phone]
[phone] (FAX)
[e-mail]

United Kingdom contact:
Clive Newall
President
[phone]
[phone] (FAX)
[e-mail]
www.first-quantum.com