To: Andrew who wrote (566 ) 11/6/2003 4:48:53 PM From: Andrew Respond to of 29622 G.TO Nice thing Is I still get my 1.5 cent US dividend per share even though I sold it today <G> Share holder of record on NOV 3rd. Almost covers my commission for selling lol. Goldcorp Inc (2) G Shares issued 183,400,000 Oct 22 2003 close $ 20.10 Thursday October 23 2003 News Release Mr. Rob McEwen reports GOLDCORP DECLARES SIXTH DIVIDEND PAYMENT OF 2003 INCREASING FREQUENCY TO MONTHLY (All dollar amounts are in United States dollars.) Goldcorp has declared its sixth dividend payment of 2003. This payment is for 1.5 cents per share and represents the first of its new monthly dividend payments. Shareholders of record at the close on Monday, Nov. 3, 2003, will be entitled to receive payment of this dividend on Tuesday, Nov. 11, 2003. Goldcorp's management believes that gold is in a bull market and has continued to state its intention to increase its dividend payment as the gold price rises. With the gold price now recently reaching levels not seen in more than seven years, the company is extremely pleased to be able to deliver on this promise. Goldcorp recently announced (in Stockwatch on Oct. 21, 2003), its intention to increase the total annual dividend payment by 20 per cent to 18 cent per share and to increase the frequency of payments to 12 times per year, or monthly (from six times per year, or bimonthly). For 2003, the company intends to make one further monthly dividend payment of 1.5 cents per share in December. The first full year of monthly dividend payments starts in 2004. "Increasing our shareholders' total return on their investment is a key element in our growth strategy," said Rob McEwen, chairman and chief executive officer of