X0202 4 2007-12-07 0 0001011509 APEX SILVER MINES LTD SIL 0001365864 Malys Gerald J 1700 LINCOLN STREET SUITE 3900 DENVER CO 80202 0 1 0 0 Senior VP & CFO Ordianry Shares 2007-12-07 4 S 0 62 16.74 D 27613 D Ordinary Shares 2007-12-07 4 S 0 135 16.75 D 27478 D Ordinary Shares 2007-12-07 4 S 0 36 16.76 D 27442 D Ordinary Shares 2007-12-07 4 S 0 12 16.80 D 27430 D Ordinary Shares 2007-12-07 4 S 0 122 16.81 D 27308 D Ordinary Shares 2007-12-07 4 S 0 53 16.85 D 27255 D The sales reported in this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 11, 2007, pursuant to which, upon the vesting of restricted ordinary shares, a portion of the newly vested shares is sold to satisfy related income tax withholding requirements. Robert P. Vogels for Gerald J. Malys Pursuant to Power of Attorney 2007-12-11