Land management plans are expected to be complete for these mining operations by the end of 2011 Survey our top five strategic suppliers and contractors to identify alignment with Freeport-McMoRan policies, CDP greenhouse gas emissions and water reporting, and materials stewardship opportunities in our value chain √ Surveys of our top 10 strategic suppliers identified certain opportunities for improved alignment with Company policies and sustainability reporting practices, and these will be explored in 2012. 2011 Operations prioritized using the Sustainable Development Risk Register process to implement a water management/ conservation plan On Track Water balance models and management plans are expected to be completed at all prioritized operations by the end of 2012.