Agnico-Eagle completes SEC review

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, [phone]

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