To: hotlinktuna who wrote (117994 ) 6/29/2004 8:21:32 AM From: arnold silver Read Replies (2) | Respond to of 208838 tuna, news release, looks good WHT Press Release Source: Coeur d'Alene Mines Corporation Coeur Significantly Increases Offer to Wheaton River Shareholders Tuesday June 29, 7:02 am ET Increased Offer Represents 23% Premium over Current Wheaton River Share Price and 13% Premium over IAMGold Proposal Coeur Urges ALL Wheaton River Shareholders to Vote AGAINST IAMGold Proposal on Coeur's GREEN Proxy Card by Wednesday June 30th COEUR D'ALENE, Idaho, June 29 /PRNewswire-FirstCall/ -- Coeur d'Alene Mines Corporation (NYSE: CDE - News) today announced that it has increased its offer for Wheaton River Minerals Ltd. (Amex: WHT - News; TSX: WRM - News). Under the offer, Wheaton River shareholders may elect to receive either: C$5.47 per Wheaton River common share in cash (as compared to the C$5.00 per share previously offered), subject to the maximum cash consideration previously announced; or 0.796 shares of Coeur common stock or 0.796 exchangeable shares of a Canadian subsidiary of Coeur, for each Wheaton River common share tendered (as compared to the 0.731 shares previously offered). Aside from the increase in consideration, the previously announced terms and conditions of Coeur's offer remain unchanged. The terms of the offer will be set forth in definitive tender offer documents. Coeur offers Wheaton River shareholders superior value: * Coeur's offer represents a premium of 38% over Wheaton River's closing stock price, based upon closing stock prices on May 27, 2004, the date of Coeur's initial proposal. * Coeur's offer provides Wheaton River shareholders with C$4.63 per Wheaton River share(1), representing a premium of 23% over Wheaton River's closing stock price of C$3.76 per share, based upon closing stock prices on June 28, 2004. * Coeur's offer represents a premium of 35% and 13% over the IAMGold proposal based on closing stock prices as of May 27, 2004 and June 28, 2004, respectively.