FQM Lusaka Stock Exchange in Zambia
The New Shares will rank pari passu with First Quantum's existing common shares. First Quantum has received conditional approval from the Toronto Stock Exchange (the "TSX") for listing of the New Shares on the TSX and has made application to the London Stock Exchange plc for the admission of the New Shares to trading on the Official List. The New Shares will be admitted to trading on the TSX at 8:00 a.m. local time on July 20, 2011 and on the Official List at 8.00 a.m. local time on July 20, 2011.