X0202 4 2007-03-19 1 0000078066 PHELPS DODGE CORP PD 0001192048 SNIDER TIMOTHY R C/O PHELPS DODGE CORPORATION ONE NORTH CENTRAL AVENUE PHOENIX AZ 85004 0 1 0 0 President and COO Common Shares 2007-03-19 4 J 0 16998 D 0 D Common Shares 2007-03-19 4 J 0 5460.4215 D 0 I By 401(k) Plan Common Shares 2007-03-19 4 J 0 9204.112 D 0 I By Supplemental Savings Plan Common Shares 2007-03-19 4 D 0 78278 D 0 D Employee Stock Options (right to buy) 48.095 2007-03-19 4 D 0 10000 D 2007-03-19 2015-02-02 Common Shares 10000 0 D Employee Stock Options (right to buy) 78.995 2007-03-19 4 D 0 9467 D 2007-03-19 2016-02-01 Common Shares 9467 0 D Employee Stock Options (right to buy) 121.93 2007-03-19 4 D 0 11500 D 2017-02-07 Common Shares 11500 0 D Each share disposed of pursuant to a merger agreement (the "Merger Agreement") between the issuer and Freeport-McMoRan Copper & Gold Inc. ("Freeport") in exchange for .67 shares of Freeport common stock and a cash payment of $88.00. Each share disposed of pursuant to the Merger Agreement in exchange for the right to receive .67 restricted shares of Freeport common stock and a cash amount of $88.00. Converted into an option to purchase a number of shares of Freeport common stock pursuant to the Merger Agreement. The option vests in three substantially equal annual installments on February 6, 2008, 2009 and 2010. /s/ S. David Colton, Attorney-in-Fact for Timothy R. Snider 2007-03-21