Stock Symbols: AEM (NYSE)

AGE (TSX)

TORONTO, Oct. 31 /PRNewswire-FirstCall/ - Agnico-Eagle Mines Limited announced today that it will change its Toronto Stock Exchange (TSX) ticker symbol from AGE to AEM. This new symbol is identical to its ticker symbol on the New York Stock Exchange. The Company believes that the change will reduce confusion in the marketplace, and simplify branding.

As of market open on Wednesday, November 2, 2005, the new ticker symbol will be used on the TSX.

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, Finland, 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.

SOURCE Agnico-Eagle Mines Limited
CONTACT: David Smith, Director, Investor Relations, (416) 947-1212
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