THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Phelps Dodge Corporation (PD)

4/13/2006 Proxy Information

No related party transactions or special relationships reported for this company. Director relationships marked "Outside Related" at this firm will most often be former executives of the company. Additional information regarding these relationships will be added during our regular updates.

4/15/2005 Proxy Information

Mr. Yearley has been Chairman Emeritus of the Board of Phelps Dodge Corporation (Phelps Dodge) since 2000. He was Chairman of Phelps Dodge from 1989 until his retirement in May 2000, Chief Executive Officer from 1989 to 1999, President from 1991 to 1997 and Executive Vice President from 1987 to 1989. Mr. Yearley was President of Phelps Dodge Industries, a division of Phelps Dodge, from 1988 to 1990 and Senior Vice President of Phelps Dodge from 1982 to 1986. He retired from Phelps Dodge in May 2000.

Mr. Post is an executive officer of Pinnacle West Capital Corporation (Pinnacle West) and its subsidiary, Arizona Public Service Company (APS). Pinnacle West and APS are engaged in the business of supplying electricity to substantial portions of Arizona and other parts of the western United States. The rates charged by Pinnacle West and APS for electricity in 2003, which in some cases were fixed by governmental authority, offered economic advantages to the Corporation, in part because of the proximity of APSÕs generation and transmission facilities to certain of the CorporationÕs Arizona operations. Because the CorporationÕs purchases of electricity from Pinnacle West and APS amounted to approximately 2.5% of Pinnacle WestÕs consolidated gross revenues in 2003, the NYSE has determined that Mr. Post can no longer qualify as an independent director under its new listing standard.

4/9/2004 Proxy Information

Mr. Post is an executive officer of Pinnacle West Capital Corporation (Pinnacle West) and its subsidiary, Arizona Public Service Company (APS). Pinnacle West and APS are engaged in the business of supplying electricity to substantial portions of Arizona and other parts of the western United States. The rates charged by Pinnacle West and APS for electricity in 2003, which in some cases were fixed by governmental authority, offered economic advantages to the Corporation, in part because of the proximity of APSÕs generation and transmission facilities to certain of the CorporationÕs Arizona operations. Because the CorporationÕs purchases of electricity from Pinnacle West and APS amounted to approximately 2.5% of Pinnacle WestÕs consolidated gross revenues in 2003, the NYSE has determined that Mr. Post can no longer qualify as an independent director under its new listing standard.

4/22/2003 Proxy Information

No related party transactions or special relationships reported for this company. Director relationships marked "Outside Related" at this firm will most often be former executives of the company. Additional information regarding these relationships will be added during our regular updates.