<ARTICLE> 5 <LEGEND> Freeport-McMoRan Copper & Gold Inc. adopted Statement of Financial Accounting Standards No. 128, "Earnings Per Share," (SFAS 128) in the fourth quarter of 1997 and restated prior years' earnings per share (EPS) data as required by SFAS 128. Presented below are the restated financial data schedules for the 1996 periods, including basic and diluted EPS amounts in place of primary and fully diluted EPS amounts, respectively. </LEGEND> <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS 6-MOS 9-MOS YEAR <FISCAL-YEAR-END> DEC-31-1996 DEC-31-1996 DEC-31-1996 DEC-31-1996 <PERIOD-END> MAR-31-1996 JUN-30-1996 SEP-30-1996 DEC-31-1996 <CASH> 19,761 45,035 49,031 37,118 <SECURITIES> 0 0 0 0 <RECEIVABLES> 145,053 77,389 101,551 176,920 <ALLOWANCES> 0 0 0 0 <INVENTORY> 393,818 386,310 408,609 375,712 <CURRENT-ASSETS> 685,976 635,506 712,962 661,216 <PP&E> 3,616,874 3,687,116 3,806,519 3,977,353 <DEPRECIATION> 754,253 797,213 841,113 888,709 <TOTAL-ASSETS> 3,639,244 3,623,955 3,782,410 3,865,534 <CURRENT-LIABILITIES> 482,208 480,117 487,154 597,875 <BONDS> 1,328,338 1,360,650 1,493,390 1,426,266 <PREFERRED-MANDATORY> 500,007 500,007 500,007 500,007 <PREFERRED> 573,887 569,434 568,844 349,990 <COMMON> 20,804 20,907 20,911 21,805 <OTHER-SE> 127,894 116,069 55,165 303,584 <TOTAL-LIABILITY-AND-EQUITY> 3,639,244 3,623,955 3,782,410 3,865,534 <SALES> 388,392 812,740 1,287,404 1,905,036 <TOTAL-REVENUES> 388,392 812,740 1,287,404 1,905,036 <CGS> 240,003 522,304 798,178 1,125,841 <TOTAL-COSTS> 240,003 522,304 798,178 1,125,841 <OTHER-EXPENSES> 0 0 0 0 <LOSS-PROVISION> 0 0 0 0 <INTEREST-EXPENSE> 23,530 53,075 81,641 117,291 <INCOME-PRETAX> 82,920 167,967 307,829 521,946 <INCOME-TAX> 38,621 75,354 140,651 247,168 <INCOME-CONTINUING> 36,136 78,807 138,446 226,249 <DISCONTINUED> 0 0 0 0 <EXTRAORDINARY> 0 0 0 0 <CHANGES> 0 0 0 0 <NET-INCOME> 36,136 78,807 138,446 226,249 <EPS-PRIMARY> .11 .26 .50 .90 <EPS-DILUTED> .11 .26 .50 .89