Ownership Submission  **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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| | 1\. Name and Address of Reporting Person *  
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SIEGELE STEPHEN H  
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  
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_____ Officer (give title below) | _____ Other (specify below)  
| (Last) | (First) | (Middle)  
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3600 WOODCUTTERS WAY 3\. Date of Earliest Transaction (Month/Day/Year)  
08/28/2006  
|  (Street)   
  
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AUSTIN, TX 78746 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)  
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**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)  
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Code | V | Amount | (A) or (D) | Price  
Class B Common Stock (1) | 08/28/2006 | P |  10,000  |  A  |  $ 56.75  |  22,000  |  D   
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.  
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**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.** | SEC 1474 (9-02)  
**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)  
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares  
  
## Reporting Owners

**Reporting Owner Name / Address** | **Relationships**  
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Director |  10% Owner |  Officer |  Other  
SIEGELE STEPHEN H  
3600 WOODCUTTERS WAY  
AUSTIN, TX 78746  
  
## Signatures

Kelly C. Simoneaux on behalf of Stephen H. Siegele pursuant to a power of attorney |  08/29/2006  
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**Signature of Reporting Person |  Date  
  
## Explanation of Responses:

***** | If the form is filed by more than one reporting person, _see_ Instruction 4(b)(v).  
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****** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. _See_ 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).  
**( 1)** | Amount beneficially owned following the reported transaction includes 2,000 Class B Common Stock Restricted Stock Units.  
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient,  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.