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Dividend Declaration

18th Aug 2005 07:00

First Quantum Minerals Ld17 August 2005 NEWS RELEASE 05-10 August 17, 2005 www.first-quantum.com -DECLARES AN INTERIM DIVIDEND OF CDN $0.02 PER SHARE- First Quantum Minerals Ltd. (TSX Symbol "FM", LSE Symbol "FQM") announces thatit will pay an interim dividend of Canadian $0.02 per share in respect of thesecond quarter ended June 30, 2005. The dividend will be paid on September 16,2005 to shareholders of record on August 26, 2005. As per the Company's dividend policy, dividends are to be paid semi-annuallywith the first dividend paid after the second quarter in an amount per share ofno less than one-third of the amount of the aggregate dividend per share paidduring the preceding year. On Behalf of the Board of Directors 12g3-2b-82-4461of First Quantum Minerals Ltd. Listed in Standard and Poor's"G. Clive Newall" Sedar Profile #00006237G. Clive NewallPresident & Director For further information visit our web site at www.first-quantum.com United Kingdom 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: [email protected]. or Carina Corbett, 4C Communications Ltd, Tel: + 44 20 7907 4761 North American contact: Geoff Chater or Bill Iversen Suite 800 - 543 Granville Street, Vancouver, British Columbia, Canada V6C 1X8 Tel: (604) 688-6577 Fax: (604) 688-3818 Toll Free: 1 (888) 688-6577 E-Mail: [email protected] This information is provided by RNS The company news service from the London Stock Exchange

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