Director Shareholding

RNS Number:6981R
Freeport PLC
05 November 2003


Freeport PLC ("the Company")


Notification of Interests of Directors and Connected Persons


The Company was notified on 4 November 2003 for the purposes of section 329 of
The Companies Act 1985 by Cannon Asset Management Limited (formerly Cannon Trust
Company Limited) , the corporate trustee of the Freeport Employee Benefit Trust
2002 ("the Trust"), which was established for the purposes of the Valuation
Incentive Plan (the "VIP"), that the share awards as set out below had vested,
in which the following directors and their respective families are interested.
These awards, which were reported in the 2003 Annual Report and Accounts, relate
to Freeport Kungsbacka, Sweden. The awards vested on 25 October 2003, being two
years after practical completion of the development.


The following share awards were made under the rules of the VIP to a trust in
which the directors and members of their respective families are potential
beneficiaries.

Director                           No.Ordinary Shares Awarded          % of issued share capital

S M Collidge                       18,261                              0.04

J L Rawnsey                        6,297                               0.01

G A M Russell                      8,815                               0.02

P T G Woolley                      8.815                               0.02


As a result of these transactions, these directors have the following total
interests in the share capital of the Company.

Director                           No.Ordinary Shares Held             % of issued share capital

S M Collidge                       933,916                             1.85

J L Rawnsley                       20,747                              0.04

G A M Russell                      45,216                              0.09

P T G Woolley                      54,130                              0.11


Contact

Ian Brownstein                      Company Secretary, Freeport plc     020 7299 9360

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