Coeur d'Alene Mines Corporation Reports On Status of New York Stock Exchange Listing.

Business Editors

COEUR D'ALENE, Idaho--(BUSINESS WIRE)--Dec. 13, 2001

Coeur d'Alene Mines Corporation (NYSE:CDE) announced today that because the market price of its common stock has been less than $1.00 per share for a period in excess of 30 consecutive trading days, the New York Stock Exchange (NYSE) notified the Company that it had fallen below the Exchange's share price continued listing standard.

The Exchange's rules allow the curing of the share price deficiency by the later of six months following the Company's receipt of the Exchange notification of the deficiency or promptly after the Company's next annual meeting of shareholders if shareholder approval of an action relating to the deficiency is to be taken.

Earlier this year, because of the Company's noncompliance with the NYSE's total market capitalization and shareholders' equity continued listing standards, the Company submitted a business plan to the Exchange setting forth its plan to effect compliance with those continued listing standards by May 27, 2002. That plan, which was approved by the NYSE, has been periodically monitored by the Exchange.

Coeur d'Alene Mines Corporation is a leading international low-cost primary silver producer, as well as a significant international producer of gold. The Company has mining interests in Nevada, Idaho, Alaska, Chile and Bolivia.