Agnico-Eagle completes SEC review Stock Symbols: AEM (NYSE) AGE (TSX) TORONTO, May 20 /PRNewswire-FirstCall/ -- Agnico-Eagle Mines Limited today announced the refiling of its Annual Report on Form 20-F/A for the year ended December 31, 2003 and management's discussion and analysis for such period. The Company has also revised the presentation of its financial statements for that period to provide additional disclosure. These changes do not include any restatement of financial results. The amended filings respond to comments Agnico-Eagle received from staff at the United States Securities and Exchange Commission (the "SEC") in connection with their continuous disclosure review program. The Company's Form 20-F/A is in respect of its 2003 fiscal year. For current information, investors are advised to refer Agnico-Eagle's Annual Report on Form 20-F for the year ended December 31, 2004 filed with securities regulators on March 31, 3005. About Agnico-Eagle Agnico-Eagle is a long established Canadian gold producer with operations located in northwestern Quebec and exploration and development activities in Canada, the United States and Mexico. Agnico-Eagle's LaRonde Mine in Quebec is Canada's largest gold deposit. The Company has full exposure to higher gold prices consistent with its policy of no forward gold sales. It has paid a cash dividend for 25 consecutive years. DATASOURCE: Agnico-Eagle Mines Limited CONTACT: David Garofalo, V.P., Finance and CFO, (416) 947-1212

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