News Releases

Resource Estimate Technical Report Filed on Sedar

December 4, 2003

Reference is made to the announcement dated November 10, 2003 of the new independent resource estimate for Ivanhoe Mines’ 100% owned – Hugo Dummett Deposit at Turquoise Hill (Oyu Tolgoi) Project in Mongolia.

The announcement indicated that a full technical report would be available shortly.

The technical report has now been posted on the Company’s document section on the SEDAR website and a copy of available at www.sedar.com

DATED: December 4, 2003

IVANHOE MINES LTD.

Beverly A. Bartlett

Media Contact

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Tony Shaffer

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tony.shaffer@turquoisehill.com
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