SOUTHERN PERU COPPER CORPORATION 30. EMPLOYEES COMMON SHARES OUTSTANDING INVESTMENT SHARES OR LABOR SHARES As of December 31st  2004  2003  2002  2001  2000 Staff  723 726  724  765  744 Employees  1,081 1,089  1,075  1,116  1,047 Workers  1,740 1,751  1,776  1,845  1,891 Total 3,544 3,566  3,575  3,726  3,682 Participation  Shares  Percent of Shares Less than 1%  2,738  4.1% Between 1% - 5%  -  0.0% Between 5% - 10%  -  0.0% More than 10%  3  95.9% Total  2,741  100.0% Participation  Shares  Percent of Shares Less than 1%  2,490  4.1% Between 1% - 5%  -  0.0% Between 5% - 10%  -  0.0% More than 10%  2  95.9% Total  2,492  100.0% Principles of Corporate Governance GENERAL MANAGEMENT RESOLUTIONS  096-2003-EF/94.11 I. SECTION ONE SOUTHERN PERU COPPER CORPORATION 31. PRINCIPLE COMPLIANCE REASONS FOR THE CHOSEN OPTION 0  1  2  3  4  1.  Agendas should not include general points. The  issues to be discussed must be specified, and  each topic will be discussed independently for  easier analysis and to prevent addressing jointly  issues about which there may be various view- points. (Principle I.C.1, second paragraph)   X The Board’s and Shareholders’ agendas will list and  identify in detail the issues for debate. The agenda is  sent in advance to each shareholder or Board member  including background or supporting information. Each  topic is reviewed and addressed independently.  2.  The place for holding the General Meetings will be  determined in advance for easier shareholder atten- dance.  (Principle I.C.1, third paragraph) X  The Corporation will make it as easy as possible for  shareholders to attend the General Meetings called for  in advance.  A letter sent to all shareholders will request voting  at the General Meetings. The meeting will take place  at the location where most of the issued shares are  represented.