COEUR D'ALENE MINES CORPORATION
                            PRODUCTION STATISTICS
 
                                    Three Months Ended   Twelve Months Ended
                                       December 31,         December 31,
                                     2004       2003       2004       2003
    ROCHESTER MINE
        Silver ozs.              1,717,646  1,424,392  5,669,074  5,585,385
        Gold ozs.                   24,544     11,126     69,456     52,363
        Cash Costs per oz./silver    $1.97      $4.82      $3.93      $4.67
        Full Costs per oz./silver    $3.53      $5.70      $5.66      $5.58
 
    GALENA MINE
        Silver ozs.                874,573  1,001,947  3,521,813  3,735,663
        Cash Costs per oz./silver    $5.94      $4.76      $5.46      $4.66
        Full Costs per oz./silver    $6.55      $5.20      $6.02      $5.03
 
    CERRO BAYO/MARTHA
        Silver ozs.              1,749,380  1,092,901  4,944,261  4,868,854
        Gold ozs.                   22,511     14,982     59,876     67,155
        Cash Costs per oz./silver    $0.60      $0.52      $2.07      $0.60
        Full Costs per oz./silver    $1.12      $2.19      $3.33      $2.53
 
    CONSOLIDATED TOTALS
        Silver ozs.              4,341,599  3,519,240 14,135,148 14,189,902
        Gold ozs.                   47,055     26,108    129,332    119,518
        Cash Costs per oz./silver    $2.22      $3.47      $3.66      $3.27
        Full Costs per oz./silver    $3.17      $4.47      $4.94      $4.39
 
        Silver ozs. sold         3,942,239  3,996,513 13,263,330 14,894,210
        Gold ozs. sold              42,588     29,655    115,996    126,942
        Average realized silver
         price/oz. (restated) (A)    $7.08      $5.12      $6.82      $4.89
        Average realized gold
         price/oz. (restated) (A)     $427       $365       $410       $345

(A) Historically, the Company has recorded revenue from concentrate sales agreements based on the gold and silver prices prevailing at the time risk of loss and title to the concentrate passes to third-party smelters (at the lower of month-end spot price or the average monthly price for that month). The final settlement price is not fixed until a later date (typically one to three months after shipment) based upon quoted metal prices by an established metal exchange as set forth in each contract, at such date. The Company's provisionally priced sales contain an embedded derivative that is required to be separated from the host contract for accounting purposes. The host contract is the receivable from the sale of concentrates measured at the forward price at the time of sale. The embedded derivative does not qualify for hedge accounting. The embedded derivative is recorded as a derivative asset, in prepaid expenses and other or, a derivative liability on the balance sheet and is adjusted to fair value through revenue each period until the date of final gold and silver settlement. The Company has corrected the error in valuing these embedded derivatives on the financial statements for the three and twelve month periods ending December 31, 2004. In addition, the restatement resulted in an increase in the realized price of silver of $0.06 per ounce and a decrease in the realized price of gold of $6.00 per ounce for the fourth quarter of 2004. For the year ended December 31, 2003, the restatement resulted in an increase in the realized price of silver of $0.02 per ounce and in increase in the realized price of gold of $1.00 per ounce.

"Cash Costs per Ounce" are calculated by dividing the cash costs computed for each of the Company's mining properties for a specified period by the amount of gold ounces or silver ounces produced by that property during that same period. Management uses cash costs per ounce as a key indicator of the profitability of each of its mining properties. Gold and silver are sold and priced in the world financial markets on a US dollar per ounce basis. By calculating the cash costs from each of the Company's mines on the same unit basis, management can easily determine the gross margin that each ounce of gold and silver produced is generating.

"Cash Costs" are costs directly related to the physical activities of producing silver and gold, and include mining, processing and other plant costs, third-party refining and smelting costs, marketing expense, on-site general and administrative costs, royalties, in-mine drilling expenditures that are related to production and other direct costs. Sales of by-product metals are deducted from the above in computing cash costs. Cash costs exclude depreciation, depletion and amortization, corporate general and administrative expense, exploration, interest, and pre-feasibility costs and accruals for mine reclamation. Cash costs calculated and presented using the "Gold Institute Production Cost Standard" applied consistently for all periods presented.

Total cash costs per ounce is a non-GAAP measurement and you are cautioned not to place undue reliance on it and are urged to read all GAAP accounting disclosures presented in the consolidated financial statements and accompanying footnotes. In addition, see the reconciliation of "cash costs" to production costs set forth below.

Year ended December 31, 2004
     (In thousands except ounces and per ounce costs)
 
                                                      Cerro Bayo/
                              Rochester    Galena      Martha      Total
 
    Production of
     Silver (ounces)         5,669,074   3,521,813   4,944,261  14,135,148
    Cash Costs per ounce         $3.93       $5.46       $2.07       $3.66
 
    Total Cash Costs (000's)   $22,287     $19,231     $10,228     $51,746
    Add/Subtract:
    Third Party Smelting Costs    (923)     (5,499)     (6,250)    (12,672)
    By-Product Credit           28,646       3,766      24,796      57,208
    Deferred
     Stripping Adjustment         (403)        523         110        (292)
    Change in Inventory        (13,380)        756      (3,576)    (16,200)
 
    Production Costs (GAAP)    $36,227     $18,255     $25,308     $79,790
 
 
    Year ended December 31, 2003
    (In thousands except ounces and per ounce costs)
                                                      Cerro Bayo/
                              Rochester    Galena      Martha      Total
 
    Production of
     Silver (ounces)         5,585,385   3,735,663   4,868,854  14,189,902
    Cash Costs per ounce         $4.67       $4.66       $0.60       $3.27
 
    Total Cash Costs (000's)   $26,062     $17,392      $2,911     $46,365
    Add/Subtract:
    Third Party Smelting Costs    (811)     (4,939)     (4,675)    (10,425)
    By-Product Credit           18,980       2,256      24,383      45,619
    Deferred
     Stripping Adjustment         (322)         --          --        (322)
    Change in Inventory         (5,149)       (165)      1,938      (3,376)
 
    Production Costs (GAAP)    $38,760     $14,544     $24,557     $77,861
 
 
    Three Months Ended December 31, 2004
    (In thousands except ounces and per ounce costs)
 
                                                      Cerro Bayo/
                              Rochester    Galena      Martha      Total
 
    Production of
     Silver (ounces)         1,717,646     874,573   1,749,380   4,341,599
    Cash Costs per ounce         $1.97       $5.94       $0.60       $2.22
 
    Total Cash Costs            $3,386      $5,192      $1,058      $9,636
    Add/Subtract:
    Third Party Smelting Costs    (267)     (1,581)     (2,163)     (4,011)
    By-Product Credit           10,678       1,207       9,818      21,703
    Deferred
     Stripping Adjustment         (101)          1          51         (49)
    Change in Inventory         (1,141)        441         883         183
 
    Production Costs (GAAP)    $12,555      $5,260      $9,647     $27,462
 
 
    Three Months Ended December 31, 2003
    (In thousands except ounces and per ounce costs)
 
                                                      Cerro Bayo/
                              Rochester    Galena      Martha      Total
 
    Production of
     Silver (ounces)         1,424,392   1,001,947   1,092,901   3,519,240
    Cash Costs per ounce         $4.82       $4.76       $0.52       $3.47
 
    Total Cash Costs            $6,866      $4,769        $563     $12,198
    Add/Subtract:
    Third Party Smelting Costs    (211)     (1,409)       (904)     (2,524)
    By-Product Credit            4,364         673       5,880      10,917
    Deferred
     Stripping Adjustment          (80)         --          --         (80)
    Change in Inventory         (1,036)       (144)      2,790       1,610
 
    Production Costs (GAAP)     $9,903      $3,889      $8,329     $22,121
 
 
                         CONSOLIDATED BALANCE SHEETS
               COEUR D'ALENE MINES CORPORATION AND SUBSIDIARIES
                                 (Unaudited)
                                                          December 31,
                                                      2004           2003
    ASSETS                                              (In Thousands)
                                                                   Restated
 
    CURRENT ASSETS
        Cash and cash equivalents                   $273,079        $62,417
        Short-term investments                        48,993         19,265
        Receivables                                   10,634          8,103
        Ore on leach pad                              15,046         17,388
        Metal and other inventory                     17,639         12,535
        Deferred tax assets                            5,336             --
        Prepaid expenses and other                     3,727          3,067
                                                     374,454        122,775
 
 
    PROPERTY, PLANT AND EQUIPMENT
        Property, plant and equipment                 85,070         87,546
        Less accumulated depreciation                (54,154)       (52,868)
                                                      30,916         34,678
 
    MINING PROPERTIES
        Operational mining properties                121,344        114,018
        Less accumulated depletion                  (100,079)       (90,245)
                                                      21,265         23,773
        Mineral interests                             20,125         20,125
        Non-producing and development properties      26,071         25,121
                                                      67,461         69,019
 
    OTHER ASSETS
        Non-current ore on leach pad                  28,740         14,705
        Restricted cash and cash equivalents          10,847          8,710
        Debt issuance costs, net                       5,757             87
        Marketable securities                             34             19
        Deferred tax assets                            3,730             --
        Other                                          8,501          9,474
                                                      57,609         32,995
            TOTAL ASSETS                            $530,440       $259,467
 
 
                         CONSOLIDATED BALANCE SHEETS
               COEUR D'ALENE MINES CORPORATION AND SUBSIDIARIES
                                 (Unaudited)
 
                                                         December 31,
                                                      2004          2003
                                                        (In Thousands)
                                                                   Restated
    LIABILITIES AND SHAREHOLDERS' EQUITY
 
    CURRENT LIABILITIES
        Accounts payable                              $8,389         $7,772
        Accrued liabilities and other                  5,192          5,218
        Accrued interest payable                       1,035            120
        Accrued salaries and wages                     6,379          5,705
        Current portion of remediation costs           1,041          1,278
        Current portion of bank financing                114          2,367
                                                      22,150         22,460
    LONG-TERM LIABILITIES
        1 1/4% Convertible Senior Notes
         due January 2024                            180,000             --
        7 1/4% Convertible Subordinated Debentures
         due October 2005                                 --          9,563
        Reclamation and mine closure                  23,670         20,934
        Other long-term liabilities                    6,503          9,032
                                                     210,173         39,529
    COMMITMENTS AND CONTINGENCIES
 
 
    SHAREHOLDERS' EQUITY
        Common Stock, par value $1.00 per
         share-authorized 500,000,000 shares,
         issued 241,028,303 and 214,195,186 in
         2004 and 2003 (1,059,211 shares held
         in treasury)                                241,028        214,195
        Additional paid-in capital                   629,809        542,900
        Accumulated deficit                         (557,245)      (545,050)
        Shares held in treasury                      (13,190)       (13,190)
        Accumulated other comprehensive loss          (2,285)        (1,377)
                                                     298,117        197,478
    TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY      $530,440       $259,467
 
 
                    CONSOLIDATED STATEMENTS OF OPERATIONS
               COEUR D'ALENE MINES CORPORATION AND SUBSIDIARIES
       FOR THE THREE AND TWELVE MONTHS ENDED DECEMBER 31, 2004 AND 2003
                                 (Unaudited)
 
 
                                      3 Months Ended       12 Months Ended
                                       December 31,         December 31,
                                     2004       2003      2004       2003
                                   (In thousands except for per share data)
                                             (Restated)          (Restated)
    REVENUES
    Sales of metal                 $44,002    $30,277   $130,245   $108,522
    Interest and other               2,064        948      3,205      2,019
        Total revenues              46,066     31,225    133,450    110,541
 
    COSTS and Expenses
    Production                      27,462     22,121     79,790     77,861
    Depreciation and depletion       4,319      3,672     18,800     16,627
    Administrative and general       4,556      4,023     14,497     12,264
    Exploration                      2,812      1,580     11,068      4,947
    Pre-development                  2,681        738     11,449      1,967
    Interest                           574      2,126      2,831     12,851
    Write-down of mining
     properties and other              377      2,222      1,983      6,393
    Merger expenses                    781         --     15,675         --
    Loss on exchange and
     early retirement of debt           --      7,607         --     41,564
        Total cost and expenses     43,562     44,089    156,093    174,474
 
    NET INCOME (LOSS)
     FROM CONTINUING OPERATIONS      2,504    (12,864)   (22,643)   (63,933)
    Income tax benefit              10,448         --     10,448          7
    NET INCOME (LOSS) BEFORE
     CUMULATIVE CHANGE IN
     ACCOUNTING PRINCIPLE           12,952    (12,864)   (12,195)   (63,926)
    Cumulative effect of change
     in accounting principle            --         --         --     (2,306)
    NET INCOME (LOSS)               12,952    (12,864)   (12,195)   (66,232)
    Other comprehensive loss          (382)      (237)      (908)      (556)
    COMPREHENSIVE INCOME (LOSS)    $12,570   $(13,101)  $(13,103)  $(66,788)
 
    BASIC INCOME (LOSS) PER SHARE:
    Net income (loss) before
     cumulative effect
     of accounting change            $0.06     $(0.06)    $(0.06)    $(0.38)
    Cumulative effect of
     accounting change                  --         --         --     (0.01)
 
    Net income (loss)                $0.06     $(0.06)    $(0.06)    $(0.39)
 
    DILUTED INCOME (LOSS) PER SHARE:
    Net income (loss) before
     cumulative effect of
     accounting change               $0.05     $(0.06)    $(0.06)    $(0.38)
    Cumulative effect
     of accounting change               --         --         --     (0.01)
    Net income (loss)                $0.05     $(0.06)    $(0.06)    $(0.39)
 
    Weighted average common shares outstanding:
    Basic                          224,163    211,232    215,969    168,186
    Diluted                        248,747    211,232    215,969    168,186
 
 
                    CONSOLIDATED STATEMENTS OF CASH FLOWS
               COEUR D'ALENE MINES CORPORATION AND SUBSIDIARIES
       FOR THE THREE AND TWELVE MONTHS ENDED DECEMBER 31, 2004 AND 2003
                                 (Unaudited)
 
 
                                      3 Months Ended      12 Months Ended
                                       December 31,         December 31,
                                     2004       2003      2004       2003
                                                 (In thousands)
                                             (Restated)           (Restated)
    CASH FLOWS FROM OPERATING ACTIVITIES:
    Net income (loss)              $12,952   $(12,864)  $(12,195)  $(66,232)
      Add (deduct) noncash items:
        Depreciation and depletion   4,319      3,672     18,800     16,627
        Deferred income taxes       (9,066)        --     (9,066)        --
        Loss (gain) on
         early retirement of debt       --      7,607         --     41,564
        Cumulative effective
         of change in
         accounting principle           --         --         --      2,306
        Interest expense on
         Convertible Senior
         Subordinated Notes
         paid in Common Stock           --         --         --      8,191
        Unrealized loss (gain)
         on embedded derivative        520       (757)       881       (411)
        Amortization of restricted
         stock compensation            143        390      1,137        911
        Amortization of
         debt issuance costs            76        320        408        697
        Amortization of
         premium and/or discount       331        447      1,527        760
 
        Other charges                    5         --         (7)       (19)
         (Gain) loss on sale of assets (61)        --        (11)        --
        Gain on sale of
         short-term investment          --         63         --        (40)
      Changes in Operating
       Assets and Liabilities:
        Receivables                 (3,742)    (2,490)    (2,532)    (2,738)
        Prepaid expenses and other    (107)       (46)      (486)    (3,844)
        Inventories                    156      1,398    (16,798)    (3,226)
        Accounts payable and
         accrued liabilities       (10,045)     1,668       (239)       328
        CASH USED IN
         OPERATING ACTIVITIES       (4,519)      (592)   (18,581)    (5,126)
 
    CASH FLOWS FROM INVESTING ACTIVITIES:
        Purchases of
         short-term investments     (3,670)   (17,527)   (63,619)   (99,782)
        Proceeds from sales of
         short-term investments      6,632      6,040     29,864     86,168
        Proceeds from sale of assets    68        370        329        370
        Capital expenditures        (4,656)    (4,812)   (10,514)   (19,914)
        Other                          137       (421)       153       (196)
        CASH USED IN
         INVESTING ACTIVITIES       (1,489)   (16,350)   (43,787)   (33,354)
 
    CASH FLOWS FROM FINANCING ACTIVITIES:
        Retirement of long-term debt    --    (17,264)    (9,561)   (39,717)
        Proceeds from issuance
         of common stock, net of
         issuance costs            113,111     13,326    112,604    100,810
        Proceeds from issuance
         of long-term debt              --         --    180,000     33,280
        Payments of debt
         issuance costs                 --         --     (6,089)        --
        Bank Borrowings on
         working capital facility       --      7,917      6,056     30,785
        Payments to bank on
         working capital facility       --    (11,512)    (8,422)   (33,226)
        Other                          (80)       (33)    (1,558)      (128)
        CASH PROVIDED BY (USED IN)
         FINANCING ACTIVITIES:     113,031     (7,566)   273,030     91,804
 
    INCREASE (DECREASE) IN CASH AND
        CASH EQUIVALENTS           107,023    (24,508)   210,662     53,324
 
        Cash and cash
         equivalents at
         beginning of period       166,056     86,925     62,417      9,093
        Cash and cash
         equivalents at end
         of period                $273,079    $62,417   $273,079    $62,417

During the year ending December 31, 2003, holders of $12.7 million principal amount of the Series I 13 3/8% Convertible Senior Subordinated Notes due December 31, 2003 (the "Series I 13 3/8% Notes") voluntarily converted such notes into approximately 9.4 million shares of common stock. In addition, 0.2 million shares of common stock were issued as payment for $0.3 million of interest expense on the Series I 13 3/8% Notes.

During the year ending December 31, 2003 the Company exchanged $32.6 million, $27.9 million and $2.1 million principal amount of its outstanding 9% Senior convertible Notes and 6-3/8% and 7-1/4% Convertible Subordinated Debentures, respectively, for 40.9 million shares of common stock and recorded a loss of approximately $33.9 million. In addition, 5.1 million shares of common stock were issued as payment for $8.1 million of interest expense on these Notes and Debentures.

Proven Reserves (Year-end 2004)
                                Short    Grade (ounces/ton)   Ounces (000s)
    Property        Location Tons (000s)  Silver    Gold    Silver    Gold
 
    Rochester      Nevada, USA   21,453      0.87    0.01    18,662    195
    Silver Valley  Idaho, USA       395     18.58      --     7,346     --
    Cerro Bayo     Chile            336      7.53    0.13     2,533     43
    Martha         Argentina         15     51.90    0.07       801      1
    San Bartolome  Bolivia           --        --      --        --     --
    Kensington     Alaska, USA       --        --      --        --     --
                                 22,200                      29,342    239
 
                        Probable Reserves (Year-end 2004)
                                Short    Grade (ounces/ton)   Ounces (000s)
    Property        Location Tons (000s)  Silver    Gold    Silver    Gold
 
    Rochester      Nevada, USA    2,545      0.81    0.01     2,069     18
    Silver Valley  Idaho, USA       322     19.15      --     6,172     --
    Cerro Bayo     Chile            526      6.80    0.14     3,576     73
    Martha         Argentina         42     74.70    0.08     3,129      4
    San Bartolome  Bolivia       46,176      3.29      --   151,882     --
    Kensington     Alaska, USA    4,206        --    0.25        --  1,050
                                 53,817                     166,828  1,144
 
                        Measured Resource (Year-end 2004)
                                Short    Grade (ounces/ton)   Ounces (000s)
    Property        Location Tons (000s)  Silver    Gold    Silver    Gold
 
    Rochester      Nevada, USA   26,205      8.81    0.01    21,216    144
    Silver Valley  Idaho, USA       577     11.10      --     6,407     --
    Cerro Bayo     Chile            643      5.74    0.10     3,691     65
    Martha         Argentina         21     53.72    0.06     1,125      1
    San Bartolome  Bolivia           --        --      --        --     --
    Kensington     Alaska, USA       --        --      --        --     --
                                 27,446                      32,439    210
 
                        Indicated Resource (Year-end 2004)
                                Short    Grade (ounces/ton)   Ounces (000s)
    Property        Location Tons (000s)  Silver    Gold    Silver    Gold
 
    Rochester      Nevada, USA    8,551      0.96    0.01     8,243     41
    Silver Valley  Idaho, USA       553     11.93      --     6,603     --
    Cerro Bayo     Chile          1,598       3.3    0.07     5,271    111
    Martha         Argentina         20        38    0.05       754      1
    San Bartolome  Bolivia           70      2.29      --       160     --
    Kensington     Alaska, USA      617        --    0.44        --    269
                                 11,409                      21,031    422
 
                        Inferred Resource (Year-end 2004)
                                Short    Grade (ounces/ton)   Ounces (000s)
    Property        Location Tons (000s)  Silver    Gold    Silver    Gold
 
    Rochester      Nevada, USA      308      1.73    0.00       533      1
    Silver Valley  Idaho, USA     1,038     10.28      --    10,674     --
    Cerro Bayo     Chile          1,588      4.70    0.08     7,462    133
    Martha         Argentina         33     60.99    0.06     2,017      2
    San Bartolome  Bolivia        1,096      3.52      --     3,851     --
    Kensington     Alaska, USA    2,499        --    0.23        --    584
                                  6,562                      24,537    720
 
    Resources are exclusive of reserves.
 
                         Proven Reserves (Year-end 2003)
                                Short    Grade (ounces/ton)   Ounces (000s)
    Property        Location Tons (000s)  Silver    Gold    Silver    Gold
 
    Rochester      Nevada, USA   29,912      0.90    0.01    27,041    265
    Silver Valley  Idaho, USA       368     22.25      --     8,193     --
    Cerro Bayo     Chile            293      8.12    0.15     2,376     45
    Martha         Argentina         10     94.03    0.10       901      1
    San Bartolome  Bolivia           --        --      --        --     --
    Kensington     Alaska, USA       --        --      --        --     --
                                 30,583                      38,510    311
 
                        Probable Reserves (Year-end 2003)
                                Short    Grade (ounces/ton)   Ounces (000s)
    Property        Location Tons (000s)  Silver    Gold    Silver    Gold
 
    Rochester      Nevada, USA    2,651      0.96    0.01     2,555     18
    Silver Valley  Idaho, USA       348     20.79      --     7,239     --
    Cerro Bayo     Chile            352      8.52    0.14     3,001     49
    Martha         Argentina          7     68.56    0.07       448    0.5
    San Bartolome  Bolivia       35,274      3.48      --   122,816     --
    Kensington     Alaska, USA    4,113        --    0.24        --  1,003
                                 42,745                     136,060  1,070
 
                        Measured Resource (Year-end 2003)
                                Short    Grade (ounces/ton)   Ounces (000s)
    Property        Location Tons (000s)  Silver    Gold    Silver    Gold
 
    Rochester      Nevada, USA   33,238      0.76    0.01    25,216    184
    Silver Valley  Idaho, USA       607     10.77      --     6,539     --
    Cerro Bayo     Chile            170     11.00    0.17     1,867     29
    Martha         Argentina          1     94.61    0.05        73   0.04
    San Bartolome  Bolivia           --        --      --        --     --
    Kensington     Alaska, USA       --        --      --        --     --
                                 34,016                      33,695    213
 
                        Indicated Resource (Year-end 2003)
                                Short    Grade (ounces/ton)   Ounces (000s)
    Property        Location Tons (000s)  Silver    Gold    Silver    Gold
 
    Rochester      Nevada, USA    6,954      0.82    0.01     5,721     38
    Silver Valley  Idaho, USA       576     11.65      --     6,709     --
    Cerro Bayo     Chile          2,520      3.75    0.08     9,455    212
    Martha         Argentina          2     99.17    0.05       208    0.1
    San Bartolome  Bolivia           --        --      --        --     --
    Kensington     Alaska, USA      617        --    0.44        --    269
                                 10,669                      22,093    519
 
                        Inferred Resource (Year-end 2003)
                                Short    Grade (ounces/ton)   Ounces (000s)
    Property        Location Tons (000s)  Silver    Gold    Silver    Gold
 
    Rochester      Nevada, USA      135      1.85    0.00       252    0.3
    Silver Valley  Idaho, USA     1,096     10.87      --    11,914     --
    Cerro Bayo     Chile            786      6.95    0.12     5,461     91
    Martha         Argentina         21     75.61    0.09     1,567    1.8
    San Bartolome  Bolivia          262      3.77      --       990     --
    Kensington     Alaska, USA    2,499        --    0.23        --    584
                                  4,799                      20,184    677
 
    Resources are exclusive of reserves.

The Company's fourth quarter earnings conference call and web cast will be held on March 14, 2005 beginning at 1:00 p.m. Eastern time. To participate:

Dial-In Number:     (800) 611-1148 (US and Canada)
                         (612) 332-0228 (International)
     Host:               Dennis E. Wheeler

The conference call will also be simultaneously carried on our web site at www.coeur.com under Investor Relations/Presentations and will be archived for a limited time.

Investor Contact
     Tony Ebersole
     Director of Investor Relations
     Telephone: (800) 523-1535
     Email: tebersole@coeur.com
 
    Cautionary Statement

This document contains numerous forward-looking statements within the meaning of securities legislation in the United States and Canada relating to the Company's silver and gold mining business. Such statements are subject to numerous assumptions and uncertainties, many of which are outside the Company's control. Operating, exploration and financial data, and other statements in this document are based on information the Company believes reasonable, but involve significant uncertainties as to future gold and silver prices, costs, ore grades, estimation of gold and silver reserves, mining and processing conditions, currency exchange rates, and the completion and/or updating of mining feasibility studies, changes that could result from the Company's future acquisition of new mining properties or businesses, the risks and hazards inherent in the mining business (including environmental hazards, industrial accidents, weather or geologically related conditions), regulatory and permitting matters, risks inherent in the ownership and operation of, or investment in, mining properties or businesses in foreign countries, as well as other uncertainties and risk factors set out in the Company's filings from time to time with the SEC and the Ontario Securities Commission, including, without limitation, the Company's reports on Form 10-K and Form 10-Q. Actual results and timetables could vary significantly from the estimates presented. Readers are cautioned not to put undue reliance on forward-looking statements. The Company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or otherwise.

Donald J. Birak, Coeur's Senior Vice President of Exploration is the qualified person responsible for the preparation of the scientific and technical information in this press release. Mr. Birak has reviewed the available data and procedures and believes the calculation of reserves was conducted in a professional and competent manner.

SOURCE Coeur d'Alene Mines Corporation

CONTACT:          Tony Ebersole, Director of Investor Relations of Coeur d'Alene Mines
                  Corporation, 800-523-1535, or tebersole@coeur.com
 
URL:              http://www.prnewswire.com
                  http://www.coeur.com/
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KEYWORD:          Idaho
INDUSTRY KEYWORD: MNG
SUBJECT CODE:     ERN
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