To: Claude Cormier who wrote (850 ) 2/17/2001 11:52:00 AM From: Stephen O Respond to of 962 Breakwater Resources Ltd. announced that it will Webcast, on a live, listen-only basis, its next regularly scheduled conference call covering its fourth quarter and year-end financial and operating results for the periods ended December 31, 2000. This Webcast will be available through a separate third party webcasting service, Q1234.com. The conference call will begin at 4:30 p.m. (Eastern Standard Time) on Wednesday, February 21, 2001. The conference call will review Breakwater's fourth quarter and year-end financial and operating results for the periods ended December 31, 2000. The Company's news release covering these results will be released prior to the conference call on Wednesday, February 21, 2001 and will be available on the Company's website at www.breakwater.ca. The scheduled speakers on the conference call will be Gordon F. Bub, Chairman and Chief Executive Officer, Colin K. Benner, President and Chief Operating Officer and Rene R. Galipeau, Executive Vice-President and Chief Financial Officer. The conference call may, but not necessarily will, include forward-looking statements. In order to access this Webcast, any person having a computer and Internet access who is interested in listening to the conference call should enter www.q1234.com or www.breakwater.ca and test their system at least five minutes prior to the scheduled start for the call. The conference call may also be accessed live, on a listen only basis, by dialing 416-231-6596 or 888-571-5411. The archival Webcast of the conference call will be available through Breakwater's website beginning one hour after the end of the call. Computer systems must have Internet access and the same minimum requirements noted above in order to access the archival Webcast. A recording of the conference call will also be available in North America through 11:59 p.m. (EST) on February 28, 2001 and can be listened to by dialing 1-877-289-8525 and entering the replay access code 91184 (pound key). TEL: (416) 363-4798 x 277 E. Ann Wilkinson, Corporate Secretary E-MAIL: awilkinson@breakwater.ca