Stock Symbols: AEM (NYSE), AGE (TSX)

TORONTO, July 2 /PRNewswire-FirstCall/ - Agnico-Eagle Mines Limited ("Agnico-Eagle") will release its second quarter 2003 results on Wednesday, July 30, 2003, after market close. The Company's senior management will host a conference call on Thursday, July 31, 2003 at 11:00 a.m.(EST). To participate in the conference call, please dial (416) 640-4127. A live audio webcast of the call will be available on the Company's website at www.agnico-eagle.com.

Agnico-Eagle is a long established Canadian gold producer with operations located in northwestern Quebec and exploration and development activities in eastern 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. It has paid a cash dividend for 23 consecutive years.

SOURCE Agnico-Eagle Mines Limited
    -0-              07/02/2003
    /CONTACT: Barry Landen, V.P., Corporate Affairs, Agnico-Eagle Mines
Limited, (416) 947-1212/
    (AGE. AEM)

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

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7956 07/02/2003 12:18 EDT http://www.prnewswire.com