Coeur d′Alene Mines Announces Share Repurchase Program

Coeur d′Alene Mines Corporation (NYSE:CDE)(TSX:CDM) announced today that
its Board of Directors has authorized a share repurchase program of up
to $100 million of the Company′s common equity. Based on yesterday′s
closing price of $18.95 per share, the authorized program represents
approximately 5.3 million, or nearly six percent, of the Company′s
outstanding shares.

President and Chief Executive Officer Mitchell J. Krebs commented, 'This
program reflects our confidence in the underlying cash flow and
long-term value of the Company. We view share repurchases as an
effective method of returning capital to shareholders while still
maintaining our commitment to growth through investing in high-return
internal and external growth opportunities.?

Under this program, management is authorized to repurchase shares
through Rule 10b5-1 plans, open market purchases, privately negotiated
transactions, block purchases or otherwise in accordance with applicable
federal securities laws, including Rule 10b-18 of the Securities
Exchange Act of 1934. Depending on market conditions and other factors,
repurchases may be made at any time or from time to time, without prior
notice.

Cautionary Statement

This news release contains forward-looking statements about potential
share repurchases within the meaning of securities legislation in the
United States and Canada. Words such as 'expects,? 'anticipates,?
'goals,? 'plans,? 'believes,? 'continues,? 'may,? 'will? and similar
expressions are intended to identify forward-looking statements. These
statements are based on information that Coeur believes is reasonable,
but involve significant uncertainties affecting the business of Coeur
that could cause actual results to differ materially from those in the
forward-looking statement including, but not limited to, fluctuations in
the market price of Coeur common stock, future gold and silver prices,
costs, ore grades, estimation of gold and silver reserves, mining and
processing conditions, construction schedules, currency exchange rates,
the expected cost of capital expenditures and the completion and/or
updating of mining feasibility studies, changes that could result from
future acquisitions of new mining properties or businesses, the risks
and hazards inherent in the mining business (including environmental
hazards, industrial accidents, weather or geologically related
conditions), regulatory and permitting matters, risks inherent in the
ownership and operation of, or investment in, mining properties or
businesses in foreign countries, as well as other uncertainties and risk
factors set out in filings made from time to time with the United States
Securities and Exchange Commission, and the Canadian securities
regulators, including, without limitation, Coeur′s reports on Form 10-K
and Form 10-Q. Readers are cautioned not to put undue reliance on
forward-looking statements. Coeur disclaims any intent or obligation to
update publicly such forward-looking statements, whether as a result of
new information, future events or otherwise. Additionally, Coeur
undertakes no obligation to comment on analyses, expectations or
statements made by third parties in respect of Coeur, its financial or
operating results or its securities.

About Coeur

Coeur d'Alene Mines Corporation is the largest U.S.-based primary silver
producer and a growing gold producer. The Company built and commenced
production from three wholly-owned, long-lived mines between 2008 and
2010: the San Bartolom? silver mine in Bolivia, the silver-gold mine in
Mexico and the Kensington gold mine in Alaska. Further production has
commenced from a new heap leach pad at Coeur's long-time Rochester
silver-gold mine in Nevada. The Company also owns and operates the
Martha silver-gold mine in Argentina and owns a non-operating interest
in a silver-base metal mine in Australia. Coeur conducts ongoing
exploration activities near and within its operating properties in
Argentina, Mexico, Alaska, Nevada and Bolivia. In addition, Coeur owns
strategic minority shareholdings in five silver development companies in
North and South America.

Coeur d′Alene Mines

Stefany Bales, 208-667-8263

Director
of Corporate Communications

or

Tom Angelos, 208-665-0337

Senior
Vice President & Chief Compliance Officer

www.coeur.com