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Ivanhoe Mines' Conference Call for Investors Wednesday, February 9, Will Provide Updates on Copper-Gold and Coal Projects in Mongolia

    TORONTO, Feb. 8 /PRNewswire-FirstCall/ - Ivanhoe Mines will host a
telephone conference call on Wednesday, February 9, at 4:30 p.m. Eastern Time
(1:30 p.m. Pacific Time) to provide a corporate update on the company's major
copper, gold and coal projects in Mongolia and the success of the ongoing
rationalization of non-core assets.
    Chairman Robert Friedland, Deputy Chairman Edward Flood and President
John Macken will report on:
    -  the sale of the Savage River iron ore mine in Australia announced
       February 7 as part of the company's plan to focus resources on its
       principal projects in Mongolia;
    -  progress on planning for the development of the Oyu Tolgoi copper-gold
       project in Mongolia;
    -  recent developments with other coal, copper and gold exploration
       projects in Mongolia.

    The conference call may be accessed by dialling 1-800-387-6216 in Canada
and the United States, or 416-405-9328 in the Toronto area and
internationally. An operator will register participants. A simultaneous
webcast of the conference call will be provided through http://www.ivanhoemines.com
and http://www.newswire.ca/webcast. The conference call will be archived for later
playback and may be accessed by dialling 1-800-408-3053 or 1-416-695-5800 and
entering the pass code 3140248 followed by the number sign.

    Ivanhoe has a 100% interest in the Oyu Tolgoi gold and copper project in
Mongolia and owns or controls exploration rights covering approximately
118,000 square kilometres in central and southern Mongolia, where additional
copper and gold discoveries are being delineated. Ivanhoe produces LME grade A
copper from its Monywa joint venture in Myanmar.

    Ivanhoe shares are listed on the New York, Toronto and Australian stock
exchanges under the symbol IVN.

    Information contacts in North America
    -------------------------------------
    Investors: Bill Trenaman (604) 688-5755
    Media: Bob Williamson (604) 688-5755



SOURCE Ivanhoe Mines Ltd.




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CONTACT:
in North America: Investors: Bill Trenaman
(604) 688-5755