Coeur D'Alene Mines Corp. Sells $125,000,000 of 7-1/4% Convertible Subordinated Debentures Due 2005.

COEUR D'ALENE, Idaho--(BUSINESS WIRE)--Oct. 8, 1997--Coeur d'Alene Mines Corporation (NYSE:CDE) announced today the sale of $125,000,000 principal amount of Coeur d'Alene Mines Corporation 7-1/4% Convertible Subordinated Debentures Due 2005.

The Debentures are convertible into Coeur d'Alene Mines Corporation common stock at a conversion price of $17.45 per share. The Debentures have not been registered under the Securities Act, and are being offered only to qualified institutional buyers in reliance upon Rule 144A and in offshore transactions in accordance with Regulation S under the Securities Act and may not be offered or sold in the United States absent registration under, or the availability of, an exemption from the registration requirements of the Securities Act.

Coeur d'Alene Mines Corporation is an international silver and gold producer engaged in the development and operation of silver and gold mining properties located in the western United States, Western Australia, Chile and New Zealand. Coeur also engages in significant silver and gold exploration activities on properties located in those countries as well as in Guyana and Mexico.

CONTACT: Coeur d'Alene Mines Corp.

Mitchell Krebs, Manager, IR and New Business Development

208/667-3511

208/667-2213 (fax)

[e-mail]