Coeur CEO Establishes Rule 10b5-1 Plan

COEUR D'ALENE, Idaho, Sept. 29  /PRNewswire-FirstCall/ -- Coeur d'Alene Mines Corporation (NYSE: CDE; TSX: CDM) today announced that Dennis E. Wheeler, Chairman, President and Chief Executive Officer of the company, has entered into a Rule 10b5-1 plan with a securities brokerage firm pursuant to which he may publicly sell over a one-year period up to 500,000 shares of the company's common stock that may be acquired by him in the future upon the exercise of previously granted stock options.

Mr. Wheeler has served as the company's Chief Executive Officer since 1986 and is entering into the plan in order to diversify his securities holdings.

SEC rules permit a person who is not in possession of material non-public information regarding an issuer to enter into a so-called Rule 10b5-1 plan that calls for the purchase or sale of shares of the issuer in the future even though the person might be in possession of material non-public information regarding the issuer at the time of the purchase or sale.  Transactions under the plan will be disclosed publicly through Form 4 filings with the SEC.

Coeur d'Alene Mines Corporation is the world's largest publicly traded primary silver producer and has a strong presence in gold.  The Company has mining interests in Alaska, Argentina, Australia, Bolivia, Chile, and Nevada.

Cautionary Statement

Company press releases may contain 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 such forward-looking statements, whether as a result of new information, future events or otherwise.

Contact: Scott Lamb  208-665-0777 

DATASOURCE: Coeur d'Alene Mines Corporation



CONTACT:  Scott Lamb of Coeur d'Alene Mines Corporation, [phone]



Web site:  http://www.coeur.com/ 

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