PHOENIX, AZ--Phelps Dodge Corp. (NYSE: PD) and its 13,000 employees in 27 countries are focusing on community safety during the company's Global Volunteer Month in April.

In Monterrey, Mexico, employees will help coordinate a drive for disaster supplies and safety training. In Hanover, Germany, they'll be donating audio-visual equipment and safety brochures to the local school system. In Arizona they'll be helping raise funds for domestic-violence shelters. Those are just a few of the dozens of projects in dozens of locations around the globe related to the company's philosophy of Zero and Beyond - that the only acceptable goal when it comes to safety incidents is zero.

"Volunteerism has tremendous power to weave together co-workers and communities, support vital nonprofit organizations and transform both those serving and those served," said J. Steven Whisler, chairman and CEO. "Phelps Dodge employees around the world take time to give of themselves in causes that enrich lives, and we commend and support their community service."

The effort involved employees of Phelps Dodge Corp. and its business units, including Phelps Dodge Mining Co., Phelps Dodge Wire & Cable companies, Columbian Chemicals Co. and Climax Molybdenum.

Global Volunteer Month started in October of 2002 when the companywide employee volunteer program Phelps Helps was first launched. That first year 23 sites participated in projects that focused on family violence prevention. The companywide Employee Volunteer Council adopted the program as an annual event.

Employees are encouraged to participate in their site's project. Projects are listed below by business unit and site. Additional information will be provided at your site in the next few days.

PHELPS DODGE MINING CO.:

Bagdad, Arizona
School/Outdoor Recreation Safety Outreach Project
Bagdad employees will partner with the community to teach recreational safety.

Bisbee, Arizona
Women's Transition Center Project
At the Women's Transition Center in Bisbee, a medium term shelter for needy women and their children, a recent inspection by the fire department noted several deficiencies. The Copper Queen Branch will bring this facility up to code. Work will include addressing some electrical and plumbing concerns, mounting fire extinguishers according to code, and repairing some damaged ceiling panels.

Chicago, Illinois
Safety Supply Drive
April 1-30
Chicago Rod will conduct a drive to collect safety and first-aid products, such as band-aids and medications for a local community organization.

El Paso, Texas
SafeLife Project
El Paso Rod and Refining employees will partner with local schools to deliver the National Safety Council's SafeLife curriculum to fifth-grade students. SafeLife topics include personal safety, violence prevention, decision making, occupant restraint, water safety, emergency medical situations, pedestrian safety and outdoor recreational safety.

Henderson Mine near Empire, Colorado
Disabled Veteran's Winter Sports Clinic Project
April 3, 4, 10 and 11
Henderson volunteers will help disabled veterans participating in the sports clinic travel safely through the Denver airport. Volunteers also will staff the hospitality room to assist with various needs, visit with veterans between flights and take photos while they wait. This year's event will honor and support young soldiers just back from Iraq.

Miami, Arizona
Call for Help Project
April 1-30
Miami employees will conduct a used cell phone drive throughout April to collect phones that can be reprogrammed for emergency use and donated to local organizations that serve the elderly and victims of domestic violence.

Morenci, Process Technology Center and Safford, Arizona
Family Safety Community Outreach event
Employees from Morenci, Safford and the Process Technology Center will partner with local law enforcement to provide a variety of safety resources to the community, possibly including passing out safety information, distributing gun locks and conducting child fingerprinting in Graham and Greenlee counties in Arizona.

New Mexico
Tour the Gila event
April 28 - May 2
Tour the Gila is a bike racing event that attracts riders from around the world. New Mexico employees will partner with the Tour the Gila Committee to serve as safety marshals for traffic and crowds, staff water and refreshment booths, and ensure the roads/bike path is safe and clean during the race.

Norwich, Connecticut
Habitat for Humanity
Norwich employees will participate in the construction of a new Habitat for Humanity House.

Women's Center Supply Drive
April 1-30
Norwich also will coordinate a drive to collect needed food and household items for women and children who are victims of abuse, and are served by the Women's Center of Southeastern Connecticut. Norwich will donate first-aid kits.

Phoenix, Arizona
Rebuilding Together
April 3
Phoenix employees will participate in Rebuilding Together, a program that helps low-income homeowners preserve and revitalize houses.

Walk to End Domestic Violence
April 24
Phelps Dodge employees will participate in this annual walk that raises funds for and awareness of the issue of family violence.

Sierrita Mine near Green Valley, Arizona
Together We Prepare Project
Employees at Sierrita will team with the Red Cross Southern Arizona Chapter to conduct safety preparedness training in local schools.

MAGNET WIRE:

Bentonville, Arkansas
Women's Shelter Supply Drive
April 1-30
Bentonville employees will collect and donate urgently needed items, such as bath towels, washcloths, bed linens, plastic trash cans and flashlights for the Benton County Women's Shelter.

El Paso, Texas
Women's Shelter Supply Drive
April 1-30
El Paso employees will collect and donate urgently needed items to a local women's shelter.

Fort Wayne, Indiana
United Way - Youth Day of Caring
April 23
Fort Wayne employees will support the United Way in leading youth safety and improvement teams during this annual day of caring.

City of Fort Wayne Great American Clean-up
May 15
Fort Wayne employees are invited to roll up their sleeves and help spruce up and protect their community.

Monterrey, Mexico
Cruz Roja Mexicana (Red Cross) Supply Drive
April 1-30
In partnership with Cruz Roja Mexicana, Monterrey employees will coordinate a drive to collect needed supplies for community disasters and safety training.

HIGH PERFORMANCE CONDUCTORS:

Elizabeth, New Jersey
YWCA Supply Drive
April 1-30
Elizabeth employees will participate in a supply drive to support the YWCA and its programs.

Inman, South Carolina
High School Seat Belt Safety Awareness Campaign
Buckle up is the theme of Inman's Global Volunteer Month project. Inman employees will work with local Chapman High School and Boiling Springs High School to distribute buckle-up key chains and raise awareness about the importance of wearing seat belts.

Trenton, Georgia
Seat Belt Check Project
April 1 & 14
In partnership with the Dade County police and schools and Jackson and DeKalb County schools, Trenton employees will coordinate a seat-belt check awareness campaign for community youth.

Great American Clean-up
April 3
Trenton employees will contribute to a safer community by helping to keep it clean during the Great American Clean-up.

Construction Inspection
April 21
To ensure a safe construction site, Trenton employees/safety experts will assist in a construction inspection at Dade County High School.

PHELPS DODGE INTERNATIONAL CORP.:

Brazil
Student Safety Training
Employees will work with the local elementary school to teach safety behaviors, promote an awareness of potential safety hazards at school and home, and increase general safety awareness.

Chile
Santa Cecilia Home Supply Drive
April 1-30
Employees will participate in a drive to collect clothing, shoes and food to support the Santa Cecilia Home, a home for people recovering from drug and alcohol abuse.

Coral Gables, Florida
Save-A-Life Campaign
April 1-30
Working with the Herbert Hoover Foundation and the Coral Gables Police Department, employees will participate in the Save-A-Life campaign by collecting used personal cell phones that will be donated to organizations serving victims of abuse.

Costa Rica
Women's Shelter Supply Drive
April 1-30
Employees will collect personal hygiene items and donate them to a local domestic violence shelter.

Ecuador
Youth Safety and Supply Project
April 1-30
Employees will donate toys and clothes to students at a local elementary school. Employees also will provide a safety training lesson for local school children.

Guatemala
School Improvement Project
April and May
Employees will assist a local elementary school improve their school library.

Honduras
Safety Tailgate Project
April 23
Employees will donate first-aid kits and host a safety tailgate for students at a local elementary school.

Children's Burn Unit Project
Employees will share snacks and safety tips with children at the public hospital burn unit.

Panama
Youth Safety and Supply Project
April - August
Employees will partner with a local elementary school to provide safety education for students. Employees also will participate in a drive to collect school materials for students and teachers.

Venezuela
Community Safety Training
April 1-30
Venezuela employees will donate and help deliver basic first-aid supplies and equipment to the Valencia Industrial Zone Fire Department and Guacara Fire Department. The Venezuela plant also will donate the use of its facilities for training local emergency responders.

COLUMBIAN CHEMICALS:

Bristol, England - Sevalco Plant (CCUK)
Safety Outreach Project
CCUK will coordinate with local schools to arrange student visits to the plant. In addition to a tour of the facility, the students will participate in a session on safety.

Community Clean-up Project
CCUK employees will also work together on a "litter pick", cleaning up trash along the local bicycle path on Severn Trail.

Cubatao, Brazil - Columbian Chemicals Brazil (CCB)
Community Safety Education Project
March 31
CCB employees will conduct "The Best Age", a part of their "Inter Total" program in which elderly citizens from the community are invited to the plant where they attend a series of presentations on a variety of topics, including personal health and safety. Other activities planned for later in the year include AIDS prevention training for employees and families, the "Liberty" program which offers drug and alcohol prevention training, the "Well-Living" program for employees and spouses which addresses safety, health, family relationships, etc., and "Practicing for the Future" in which local teenagers are provided information and training regarding safety, health, hygiene, and community involvement.

Hamilton, Canada
Safety Outreach Project
Hamilton's employees will distribute safety brochures and materials to local schools in addition to their ongoing volunteer activities.

Hannover, Germany - Columbian Carbon Deutschland (CCD)
Safety Outreach Project
CCD will provide used audio-visual equipment to the local school system and distribute the safety brochures being developed in Marietta.

Hickok, Kansas
School Safety Outreach Project
April 1-30
The Hickok Behavior-Based Safety (BBS) Team will visit two local schools to discuss electrical safety, and distribute home safety packets throughout the community addressing yard and outdoor safety in partnership with the Hickok Safety Through Ergonomic Process (STEP) team.

Recycling and Safety Project
The Hickok management team will sponsor Earth Day recycling in Satanta, Kan., and discuss safety related issues with the Haskell County Girl Scouts.

Domestic Violence Shelter Project
Hickok employees will provide painting and cleaning assistance for the local DOVES chapter, a nonprofit organization dedicated to supporting victims of domestic violence.

Marietta, Georgia
School Safety Outreach Project
April 12-16
Employees will deliver safety training focusing on home and personal safety to children at local Kings Elementary School. Marietta will also develop and distribute a brochure on home/personal safety to other local elementary schools, along with a set of safety "talking points" for teachers to develop a safety lesson plan. The brochure and supporting materials will also be sent to CCC locations worldwide for translation and distribution to schools in each of the company's operating communities.

March of Dimes
April 24
Marietta employees are invited to put on their walking shoes and join in the March of Dimes Walk for Healthy Babies.

Marshall Plant at Proctor, West Virginia
Health and Safety Awareness Day and CPR/First Aid Training
Employees at CCC's Marshall plant will sponsor "Health and Safety Awareness Day" at the Washington Lands Elementary School. In addition, Columbian employees will be offering CPR and First Aid training at the Graysville Community Center in Proctor, W.Va., for community members.

Volunteer Fire Department Partnership
The Marshall Plant will provide support to the Fish Creek Volunteer Fire Department (to which many CCC employees volunteer their services as firemen) and donate assorted materials for rebuilding the river docks for the Paden City Parks and Recreation Department to make them safe for use during the upcoming summer season. In addition, the facility will be loaning their rescue equipment to local Search and Rescue teams so that they can conduct rescue training.

North Bend, Indiana
Safety Outreach Project
Employees at CCC's North Bend plant will visit two elementary schools and discuss safety at school, at home, and while playing. Fifteen (15) high school students will visit the facility for a plant safety tour as part of "Safety in the Workplace". Employees will also present at a local conference sponsored by LSU on the topic of "Lawnmower Safety." Finally, North Bend's Manager of Health and Safety is scheduled to appear on "TecheTalk", a local PBS station, to discuss Child Car Seat Safety.

Santander, Spain - Columbian Carbon Spain (CCS)
Safety Outreach and Training Project
CCS will distribute the safety materials developed in Marietta to local schools. In addition, CCS employees conducted a MoveSmart seminar at a local conference in late March. Similar training will be provided during similar sessions at future conferences in 2004.

Tiszaujvaros, Hungary - Columbian Tizai Carbon (CTC)
Safety Outreach Project
CTC will provide support to secondary schools for "healthy lifestyle" programs.

Yosu, South Korea - Columbian Carbon Korea (CCK)
Safety Outreach Project
CCK employees will distribution of the safety materials being developed by Marietta, and conduct safety training at one or more local elementary schools.

Phelps Dodge Corp. is the world's second-largest producer of copper, a world leader in the production of molybdenum, the largest producer of molybdenum-based chemicals and continuous-cast copper rod, and among the leading producers of magnet wire and carbon black. The company and its two divisions, Phelps Dodge Mining Co. and Phelps Dodge Industries, employ more than 13,000 people in 27 countries.

Phelps Dodge Corporation

Phelps Dodge Corporation

Phelps Dodge Corp. is one of the world's leading producers of copper and molybdenum and is the largest producer of molybdenum-based chemicals and continuous-cast copper rod. The company employs 14,500 people worldwide. In 2005, Phelps Dodge produced about 2.5 billion pounds of copper and 62 million pounds of molybdenum. Two major projects on the horizon are the development of a copper mine in Safford, Ariz., and a copper/cobalt mine in the Democratic Republic of the Congo. Phelps Dodge strives to create value for our communities, our employees and our businesses and to act as a catalyst for positive change in our operating communities through charitable giving, employee involvement and stakeholder engagement initiatives.

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