Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
ADKERSON RICHARD C
   2. Issuer Name and Ticker or Trading Symbol
FREEPORT MCMORAN COPPER & GOLD INC [FCX] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President and CEO
(Last)
(First)
(Middle)
1615 POYDRAS STREET		 3. Date of Earliest Transaction (Month/Day/Year)
08/03/2005
(Street)

NEW ORLEANS, LA 70112		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class B Common Stock 08/03/2005   M   308,855 A $ 13.9734 958,422 D  
Class B Common Stock 08/03/2005   F(1)   188,287 D $ 41.645 770,135 D  
Class B Common Stock 08/03/2005   S   7,100 D $ 41.6 763,035 D  
Class B Common Stock 08/03/2005   S   300 D $ 41.57 762,735 D  
Class B Common Stock 08/03/2005   S   1,300 D $ 41.56 761,435 D  
Class B Common Stock 08/03/2005   S   600 D $ 41.55 760,835 D  
Class B Common Stock 08/03/2005   S   200 D $ 41.51 760,635 D  
Class B Common Stock 08/03/2005   S   5,200 D $ 41.5 755,435 D  
Class B Common Stock 08/03/2005   S   600 D $ 41.44 754,835 D  
Class B Common Stock 08/03/2005   S   100 D $ 41.43 754,735 D  
Class B Common Stock 08/03/2005   S   2,000 D $ 41.4 752,735 D  
Class B Common Stock 08/03/2005   S   700 D $ 41.38 752,035 D  
Class B Common Stock 08/03/2005   S   2,300 D $ 41.37 749,735 D  
Class B Common Stock 08/03/2005   S   4,800 D $ 41.36 744,935 D  
Class B Common Stock 08/03/2005   S   5,900 D $ 41.35 739,035 D  
Class B Common Stock 08/03/2005   S   2,300 D $ 41.34 736,735 D  
Class B Common Stock 08/03/2005   S   2,500 D $ 41.33 734,235 D  
Class B Common Stock 08/03/2005   S   6,000 D $ 41.32 728,235 D  
Class B Common Stock 08/03/2005   S   6,600 D $ 41.31 721,635 D  
Class B Common Stock 08/03/2005   S   18,800 D $ 41.3 702,835 D  
Class B Common Stock 08/03/2005   S   9,300 D $ 41.29 693,535 D  
Class B Common Stock 08/03/2005   S   5,500 D $ 41.28 688,035 D  
Class B Common Stock 08/03/2005   S   5,400 D $ 41.27 682,635 D  
Class B Common Stock 08/03/2005   S   4,700 D $ 41.26 677,935 D  
Class B Common Stock 08/03/2005   S   800 D $ 41.25 677,135 D  
Class B Common Stock 08/03/2005   S   700 D $ 41.24 676,435 D  
Class B Common Stock 08/03/2005   S   1,000 D $ 41.23 675,435 D  
Class B Common Stock 08/03/2005   S   3,200 D $ 41.22 672,235 D  
Class B Common Stock 08/03/2005   S   3,900 D $ 41.21 668,335 D  
Class B Common Stock 08/03/2005   S   6,400 D $ 41.2 661,935 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Options (right to buy) (2) $ 13.9734 08/03/2005   M     308,855 01/29/2003(3) 01/29/2012 Class B Common Stock 308,855 $ 0 102,952 D  
Forward Sale Contract (right/obligation to sell) (4) (5) (6) 08/04/2005   J(4)(5)(6)   1     (4)   (4) Class B Common Stock 250,000 (4) (5) (6) 1 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
ADKERSON RICHARD C
1615 POYDRAS STREET
NEW ORLEANS, LA 70112		       President and CEO  

Signatures

 Kelly C. Simoneaux, on behalf of Richard C. Adkerson pursuant to a power of attorney   08/05/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Shares withheld and delivered in payment of the exercise price of options and resulting taxes.
(2) Options with limited stock appreciation rights.
(3) 25% exercisable on the date indicated and 25% exercisable on each of the next three anniversaries thereof.
(4) On August 4, 2005, the Reporting Person entered into a forward sale contract with a securities broker pursuant to which the Reporting Person agreed to sell up to 250,000 shares of Class B Common Stock to the securities broker for $41.836 per share on August 4, 2010 (the "Maturity Date"), with the exact number of shares to be delivered on the Maturity Date determined as set forth below: (continued in footnote 5)
(5) If the closing price of a share of Class B Common Stock on the Maturity Date is less than $31.38, the Reporting Person will deliver 250,000 shares; if the closing price of a share of Class B Common Stock on the Maturity Date is greater than $31.38, but less then $56.90, the Reporting Person will deliver the number of shares resulting from multiplying 250,000 by a fraction, the numerator of which is $31.38 and the denominator of which is the closing price on the Maturity Date; and if the closing price on the Maturity Date is greater than $56.90, the Reporting Person will deliver the number of shares resulting from multiplying 250,000 by a fraction, the numerator of which is $31.38 plus (the closing price on the Maturity Date minus $56.90) and the denominator of which is the closing price on the Maturity Date.(continued in footnote 6)
(6) The Reporting Person may instead elect to settle this contract in cash and retain ownership of the 250,000 shares. The Reporting Person has pledged 250,000 shares of Class B Common Stock to secure its obligations under the contract. The Reporting Person will continue to hold beneficial ownership, and have voting rights and the right to receive quarterly dividend payments of $.25 per share with respect to the shares for the term of the contract.
 
Remarks:
1 of 2 Forms 4 filed August 5, 2005 to report transactions occurring on August 3, 2005 and August 4, 2005.  

See second Form 4 for the remainder of the reported transactions.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.