News Releases

IVANHOE MINES FILES 2004 FIRST QUARTER FINANCIAL REPORT

May 14, 2004

VANCOUVER, CANADA –Ivanhoe Mines today filed its unaudited consolidated financial statements for the first quarter ended March 31st, 2004, with Canadian securities regulatory authorities. 

A copy of the first quarter financial statements may be obtained from the company’s website at www.ivanhoemines.com or on SEDAR at www.sedar.com.

Ivanhoe Mines, with operations concentrated in the Asia Pacific region, is a producer of copper, gold and iron ore products. Ivanhoe Mines’ core assets are its 100%-owned Oyu Tolgoi copper gold project in southern Mongolia, exploration rights that it holds or controls covering approximately 111,000 square kilometres in central and southern Mongolia and exploration interests in the Chinese province of Inner Mongolia. 

Ivanhoe shares are listed on the NASDAQ market under the symbol HUGO and on the Toronto and Australian stock exchanges under the symbol IVN.

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