To: Andrew who wrote (2999 ) 3/27/2002 6:54:15 AM From: long-gone Respond to of 4051 Echo Bay Announces Receipt of Order EDMONTON, Alberta, Mar 26, 2002 /PRNewswire-FirstCall via COMTEX/ -- Echo Bay Mines Ltd. (Toronto; Amex: ECO) announced today that the Court of Queen's Bench of Alberta granted an order directing that the quorum for the shareholders' meeting to be held in the Jackson Room of the Toronto Hilton Hotel, 145 Richmond Street West, Toronto, Ontario at 9:00 a.m. Thursday, March 28, 2002 will comprise those shareholders present in person or represented by proxy at that time. The special general meeting of shareholders called for Monday, March 25, 2002 to ask shareholders' approval for the issuance of 361,561,230 common shares to retire substantial long term debt of the Company was adjourned for lack of a quorum. The Company's by-laws specify a quorum level of a majority of the voting shares. When the meeting was adjourned, 26.9 percent of shareholders entitled to vote were represented at the meeting. Of those who voted, 90.5 percent were in favour and 9.5 percent against the one item of business presented for consideration at the meeting. All proxies received when the meeting was adjourned together with any proxies received at or before the time scheduled for the adjourned meeting shall be counted as valid for quorum and voting purposes. Echo Bay mines gold and silver in North America. The primary markets for its common shares are the American and Toronto stock exchanges. MAKE YOUR OPINION COUNT - Click Here tbutton.prnewswire.com SOURCE Echo Bay Mines Ltd. CONTACT: Lois-Ann L. Brodrick, Vice President and Secretary of Echo Bay Mines Ltd., +1-780-496-9704 URL: echobay.com prnewswire.com Copyright (C) 2002 PR Newswire. All rights reserved.