Volume 3: Equivalent Exchange

Equivalent Exchange is the third English DVD volume of the original anime series, released by Funimation on May 31, 2005. The DVD contains episodes 9 through 12 of the series:
 * Be Thou for the People
 * The Phantom Thief
 * The Other Brothers Elric, part one
 * The Other Brothers Elric, part two

Synopsis
The back of the DVD cover contains the following synopsis:
 * "The Fullmetal Alchemist, Edward Elric, is given his first assignment. He is to inspect the coalmines of Youswell, a task he believes to be Mustang's attempt to deter his search for the Philosopher's Stone. Ignoring direct orders Ed and Al take a detour to a popular tourist town hoping to uncover the smallest fragment of truth behind the Stone's growing legend. There they encounter a thief with enough tricks to keep the detectives busy for decades. Yet a top from this unlikely source leads them into an adventure more startling than they could have ever imagined.
 * Ed and Al arrive in Xenotime, once a prosperous gold-mining settlement. But Xenotime's gold has been exhausted, and its economy is crumbling. Its only hope: two alchemists who are developing an artificial Philosopher's Stone to rejuvenate the mines. Their names? Edward and Alphonse Elric! Who are the false Elrics? And what light can they shed on the Philosopher's Stone?"

Extras
In addition to the textless songs, production art and trailers which regularly appear on Fullmetal Alchemist DVDs, this volume also contains character profiles for Yoki, Lyra, Halling, Psiren, Belsio, Russell Tringham, Fletcher Tringham, Nash Tringham and Mugear.