Document:

Exhibit 4.69

	

 	news release

NORANDA'S NEW ELECTRONIC RECYCLING

FACILITY TO BEGIN OPERATIONS
  Brampton Facility Scheduled to Start Processing on August 18th

BRAMPTON; August 7, 2003 — Noranda Inc. announced today that its new
end-of-life electronics' recycling facility in Brampton, Ontario is scheduled to begin recycling operations on August 18, 2003. 

The
state-of-the-art facility, the only one of its kind in Canada, has begun receiving material from original equipment manufacturers (OEM) and other customers. The
plant is expected to process approximately one million pounds a month of end-of-life electronics after ramp-up and 100% of all electronic hardware will be recycled. 

"With the opening of our newest electronic recycling facility, Canada now has an environmentally-sound option for the safe recycling of its electronic
materials", stated Cindy Thomas, Plant Manager, Noranda Recycling. "Our goal is to become the electronic recycling partner of choice in Canada,
recycling 100% of the electronic hardware flowing through our facility."

The
Company's Brampton facility is the third Noranda end-of-life electronic recycling plant in North America. The other facilities are located in Roseville California, as well
as Lavergne, Tennessee. The Brampton, Roseville and Lavergne facilities focus on end-of-life electronics recycling primarily through Noranda's relationship with OEM customers
such as Hewlett-Packard. 

Material
from the new Brampton plant will be shipped to Noranda's Horne smelter in Rouyn-Noranda, Quebec and other recyclers for further processing and metal recovery. On average, approximately
150,000 tonnes (15%) of the raw material feed for Noranda's primary Canadian copper and recycling operations is derived from recyclable materials. 

Noranda Inc. is a leading international mining and metals company with more than 49 mining and metallurgical operations and projects under
development in 17 countries. Noranda is one of the world's largest producers of zinc and nickel and is a significant producer of copper, primary and fabricated aluminum, lead, silver, gold, sulphuric
acid and cobalt. Noranda is also a major recycler of secondary copper, nickel and precious metals. Noranda employs over 15,000 people. It is listed on The Toronto Stock Exchange and The
New York Stock Exchange (NRD).

– 30 –

CONTACTS:
www.noranda.com

Dale Coffin

Director, External Communications

416-982-7161

dale.coffin@toronto.norfalc.com 

4Exhibit 4.70

	

 	news release

NORANDA TEMPORARILY SUSPENDS WORK

ON ALUMYSA PROJECT  

Toronto, Canada, August 14, 2003 — Noranda Inc. today announced that it has
decided to temporarily suspend some activities related to the Alumysa aluminium project in the south of Chile. This decision is in line with the project development strategy of the Company based on
conditions prevailing at the regional and international levels, conditions which are not now fully favorable. 

"Alumysa
will continue to work on the development of its project in Aysen in all those activities that will contribute to overcome the obstacles identified," said Derek Pannell, President and Chief
Executive Officer of Noranda Inc. 

Noranda Inc. is a leading international mining and metals company with more than 48 mining and metallurgical operations and projects under development
in eight countries. Noranda is one of the world's largest producers of zinc and nickel and is a significant producer of copper, primary and fabricated aluminum, lead, silver, gold, sulfuric acid and
cobalt. Noranda is also a major recycler of secondary copper, nickel and precious metals. Noranda employs over 17,000 people. It is listed on The Toronto Stock Exchange (NOR).

– 30 – 

Contact:

Denis Couture

Vice-President, Public Affairs and Communications

Noranda Inc.

416-982-7020

denis.couture@toronto.norfalc.com

www.noranda.com 

5<Page>
                                                                   Exhibit 10.20

                                 LKQ CORPORATION

                       STOCK OPTION AND COMPENSATION PLAN
                           FOR NON-EMPLOYEE DIRECTORS

         1. STATEMENT OF PURPOSE. The purpose of this Stock Option Plan (the
"Plan") is to benefit LKQ Corporation (the "Company") and its subsidiaries by
offering its non-employee directors a favorable opportunity to become holders of
stock in the Company over a period of years, thereby giving them a stake in the
growth and prosperity of the Company and encouraging the continuance of their
services with the Company.

         2. ADMINISTRATION. The Plan shall be administered by the board of
directors of the Company (the "Board of Directors"), whose interpretation of the
terms and provisions of the Plan and whose determination of matters pertaining
to options granted under the Plan shall be final and conclusive.

         3. ELIGIBILITY. Only current directors of the Company who are not
officers or employees of the Company shall be entitled to receive options or
compensation under the Plan (each such individual receiving options granted or
compensation paid under the Plan is referred to herein as a "Director" and each
person entitled to exercise an option granted under the Plan is referred to
herein as an "Optionee").

         4. GRANTING OF OPTIONS; ANNUAL COMPENSATION.

                  (a)(i) A one-time option, under which a total of 30,000 shares
of common stock of the Company, $.01 par value (the "Common Stock"), may be
purchased from the Company, shall be automatically granted to each existing
Director upon the consummation of the initial public offering of the Common
Stock at an option price equal to the initial public offering price for the
Common Stock, provided such Director is eligible at that time under the terms of
Paragraph 3 of this Plan.

                  (ii) After the initial public offering of the Common Stock, a
one-time option, under which a total of 30,000 shares of the Common Stock may be
purchased from the Company, shall be automatically granted to each Director upon
his or her initial election or appointment as a Director, provided such Director
is eligible at that time under the terms of Paragraph 3 hereof.

                  (iii) An additional option under which 10,000 shares of Common
Stock may be purchased from the Company shall be granted to each Director each
year, on the anniversary of the granting of the initial option to such Director
described in Paragraph 4(a)(i) or (ii) hereof, as the case may be (the
"Anniversary Date"), provided such Director continues to be eligible at that
time under the terms of Paragraph 3 of this Plan.

                  (iv) Each Director shall receive annual compensation of
$40,000 payable in equal quarterly installments of $10,000 on the last day of
each quarter (December 31, March 31, June 30 and September 30) with the first
such quarterly payment beginning on the last day of the quarter in which
consummation of the Company's initial public offering of its Common Stock

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occurs. At the election of such Director, such quarterly payment may be in the
form of either (i) a cash payment of $10,000 or (ii) a number of shares of the
Common Stock equivalent in value to $10,000, as described below, provided such
Director continues to be eligible at the time of such payment under the terms of
Paragraph 3 of this Plan. In addition, each Director who serves as a member of
the Audit Committee, Compensation Committee or Governance/Nominating Committee
of the Board of Directors shall receive annual compensation of $5,000 for each
committee on which such Director serves payable in equal quarterly installments
of $1,250 on the last day of each quarter (December 31, March 31, June 30 and
September 30), with the first such quarterly payment beginning on the last day
of the quarter in which consummation of the Company's initial public offering of
its Common Stock occurs. At the election of such Director, such quarterly
payment may be in the form of either (i) a cash payment of $1,250 or (ii) a
number of shares of the Common Stock equivalent in value to $1,250, as described
below, provided such Director continues to be eligible at the time of such
payment under the terms of Paragraph 3 of this Plan and continues to serve as a
member of the Audit Committee, Compensation Committee or Governance/Nominating
Committee of the Board of Directors. If such Director elects to receive the
Common Stock in lieu of the cash payment as described in this Paragraph
4(a)(iv), the per share value of Common Stock shall equal the fair market value
on the respective payment date (or, if the payment date is not a trading date,
on the first trading date immediately preceding the payment date), which shall
be the average of the highest and lowest sales prices of the Common Stock
reported on the Nasdaq National Market (or on the principal national stock
exchange on which it is listed or quotation service on which it is listed) (as
reported in The Wall Street Journal) on the respective payment date. Such
election must be made prior to the start of the calendar year in which the
compensation described in this Paragraph 4(a)(iv) is to be paid.

The aggregate number of shares which shall be available to be so optioned or
otherwise issued under the Plan shall be 500,000 shares. Such number of shares,
and the number of shares subject to options outstanding under the Plan, shall be
subject in all cases to adjustment as provided in Paragraph 10 hereof. Options
granted under the Plan are intended not be treated as incentive stock options as
defined in Section 422 of the Internal Revenue Code of 1986, as amended (the
"Code").

                  (b) No options shall be granted under the Plan subsequent to
the tenth anniversary of the adoption of the Plan. In the event that an option
expires or is terminated or cancelled unexercised as to any shares, such
released shares may again be optioned (including a grant in substitution for a
cancelled option). Shares subject to options may be made available from unissued
or reacquired shares of Common Stock.

                  (c) Nothing contained in the Plan or in any option granted
pursuant thereto shall confer upon any Director any right to continue serving as
a director of the Company or interfere in any way with the right of the Board of
Directors or stockholders of the Company to remove such Director pursuant to the
certificate of incorporation or bylaws of the Company or pursuant to applicable
law.

         5. OPTION PRICE. Except with respect to those options granted under the
terms of Paragraph 4(a)(i) hereof and subject to the adjustment in Paragraph 10
hereof, the option price for all options granted under this Plan shall be the

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fair market value of the shares of Common Stock subject to the option on the
date of the grant of such option. For purposes of this Paragraph 5, "fair market
value" shall be the average of the highest and lowest sales prices of the Common
Stock reported on the Nasdaq National Market (or on the principal national stock
exchange on which it is listed or quotation service on which it is listed) (as
reported in THE WALL STREET JOURNAL) on the date the option is granted (or, if
the date of grant is not a trading date, on the first trading date immediately
preceding the date of grant). In the event that the Common Stock is not listed
or quoted on the Nasdaq National Market or any other national stock exchange,
the fair market value of the shares of Common Stock for all purposes of this
Plan shall be reasonably determined by the Board of Directors.

         6. DURATION OF OPTIONS AND INCREMENTS. Subject to the provisions of
Paragraph 8 hereof, each option shall be for a term of ten years. Each option
shall become exercisable with respect to all of the shares subject to the option
6 months after the date of its grant.

         7. EXERCISE OF OPTION.

                  (a) An option may be exercised by giving written notice to the
Secretary of the Company, specifying the number of shares to be purchased. The
option price for the number of shares of Common Stock for which the option is
exercised shall become immediately due and payable; provided, however, that in
lieu of cash an Optionee may, with the approval of the Board of Directors,
exercise his or her option by (i) delivering a promissory note in accordance
with the terms of the Plan and in a form specified by the Company; (ii)
tendering to the Company shares of Common Stock owned by him or her and with the
certificates therefor registered in his or her name, having a fair market value
equal to the cash exercise price of the shares being purchased; or (iii)
delivery of an irrevocable written notice instructing the Company to deliver the
shares of Common Stock being purchased to a broker selected by the Company,
subject to the broker's written guarantee to deliver the cash to the Company, in
each case equal to the full consideration of the exercise price of the shares
being purchased. For this purpose, the per share value of Common Stock shall be
the fair market value on the date of exercise (or, if the date of exercise is
not a trading date, on the first trading date immediately preceding the date of
exercise), which shall be the average of the highest and lowest sales prices of
the Common Stock reported on the Nasdaq National Market (or on the principal
national stock exchange on which it is listed or quotation service on which it
is listed) (as reported in THE WALL STREET JOURNAL) on such date.

                  (b) If at any time an Optionee is required to pay an amount
required to be withheld under applicable income tax or other laws in connection
with the exercise of an option in order for the Company to obtain a deduction
for federal and state income tax purposes, the Company shall withhold shares of
Common Stock having a value equal to the amount required to be withheld. The
value of the shares to be withheld or delivered shall be based on the fair
market value of the shares of Common Stock on the date of exercise, which shall
be the average of the highest and lowest sales prices of the Common Stock
reported on the Nasdaq National Market (or on the principal stock exchange on
which it is listed or quotation service on which it is listed) (as reported in
THE WALL STREET JOURNAL) on the date of exercise.

                  (c) At the time of any exercise of any option, the Company
may, if the Company shall determine it necessary or desirable for any reason,
require the Optionee (or his or her heirs, legatees, or legal representative, as
the case may be) as a condition upon the exercise

                                       3
<Page>

thereof, to deliver to the Company a written representation of present intention
to purchase the shares for investment and not for distribution. In the event
such representation is required to be delivered, an appropriate legend may be
placed upon each certificate delivered to the Optionee upon his or her exercise
of part or all of the option and a stop order may be placed with the transfer
agent for the Common Stock. Each option shall also be subject to the requirement
that, if at any time the Company determines, in its discretion, that the
listing, registration or qualification of the shares subject to the option upon
any securities exchange or under any state, federal or foreign law, or the
consent or approval of any governmental regulatory body, is necessary or
desirable as a condition of, or in connection with, the issue or purchase of
shares thereunder, the option may not be exercised in whole or in part unless
such listing, registration, qualification, consent or approval shall have been
effected or obtained free of any conditions not acceptable to the Company.

         8. CESSATION OF BOARD MEMBERSHIP - EXERCISE THEREAFTER. In the event
that an Optionee ceases to be a director of the Company for any reason, such
Optionee shall have five years from the date such Optionee ceased to be a
director of the Company to exercise those options owned by such Optionee which
were exercisable as of the date of such cessation, but in no event shall such
options be exercisable after the initial term of such options as set forth in
Paragraph 6 hereof shall have expired.

         9. NON-TRANSFERABILITY OF OPTIONS. No option shall be transferable by
the Optionee otherwise than by will or the laws of descent and distribution or
pursuant to a qualified domestic relations order and each option shall be
exercisable during an Optionee's lifetime only by the Optionee or by the
Optionee's legal representative.

         10. ADJUSTMENT. The number of shares subject to the Plan and to options
granted under the Plan shall be adjusted as follows: (a) in the event that the
number of outstanding shares of Common Stock is changed by any stock dividend,
stock split or combination of shares, the number of shares subject to the Plan
and to options granted thereunder shall be proportionately adjusted; (b) in the
event of any merger, consolidation or reorganization of the Company with any
other corporation or legal entity there shall be substituted, on an equitable
basis as determined by the Board of Directors, for each share of Common Stock
then subject to the Plan and for each share of Common Stock then subject to an
option granted under the Plan, the number and kind of shares of stock or other
securities to which the holders of shares of Common Stock will be entitled
pursuant to the transaction; and (c) in the event of any other relevant change
in the capitalization of the Company, the Board of Directors shall provide for
an equitable adjustment in the number of shares of Common Stock then subject to
the Plan and to each share of Common Stock then subject to an option granted
under the Plan. In the event of any such adjustment, the option price per share
of Common Stock shall be proportionately adjusted.

         11. AMENDMENT OF THE PLAN. The Board of Directors of the Company or any
authorized committee thereof may amend or discontinue the Plan at any time,
provided, however, that the Plan may not be amended more than once every six
months except to comport with changes in the Code, the Employee Retirement
Income Security Act, or the rules and regulations under each, and provided
further, that no such amendment or discontinuance shall (a) without the consent
of the Optionee change or impair any option previously granted, or (b)

                                       4
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without the approval of the holders of a majority of the shares of Common Stock
which vote in person or by proxy at a duly held stockholders' meeting, (i)
increase the maximum number of shares which may be purchased by all eligible
directors pursuant to the Plan, (ii) change the purchase price of any option, or
(iii) change the option period or increase the time limitations on the grant of
options.

       12. EFFECTIVE DATE. The Plan is effective as of September 10, 2003.

                                       5

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