Stock Symbols: AEM (NYSE)

                   AGE (TSX)

TORONTO, April 7 /PRNewswire-FirstCall/ - Agnico-Eagle Mines Limited ("Agnico-Eagle") will release its first quarter 2003 results on April 23, 2003, after normal trading hours. The Company's senior management will host a conference call on Thursday, April 24, 2003 at 11:00 a.m. in the Toronto Room II, Toronto Hilton, 145 Richmond Street West, Toronto, Ontario. The Company will discuss its first quarter 2003 financial and operating results. Also provided will be an update of the Company's 2003 production forecast as well as an update of its exploration activities on its latest gold discovery, the Lapa Property. All those interested are invited to attend in person, by telephone or by webcast.

To participate in the conference call, please dial (416) 640-4127. To ensure your participation, please call approximately five minutes prior to the scheduled start of the call. A live audio webcast of the call will be available on the Company's website at www.agnico-eagle.com.

Agnico-Eagle is an established Canadian gold producer with operations located principally in northwestern Quebec and exploration and development activities in Canada and the southwestern United States. Agnico-Eagle's operating history includes over three decades of continuous gold production, primarily from underground mining operations. 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 and has paid a cash dividend for 23 consecutive years.

SOURCE Agnico-Eagle Mines Limited
    -0-              04/07/2003
    /CONTACT: Barry Landen, Vice President - Corporate Affairs, 416-947-1212/
    (AGE. AEM)

CO: Agnico-Eagle Mines Limited
ST: Ontario
IN: MNG
SU: CCA

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3153 04/07/2003 15:47 EDT http://www.prnewswire.com