agnicoeagle.com

Building a High Quality Manageable Gold Business in Challenging Times

December 2013

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FORWARD LOOKING STATEMENTS

The information in this document has been prepared as at December 3, 2013. Certain statements contained in this document constitute “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward looking information under the provisions of Canadian provincial securities laws. When used in this document, the words “anticipate”, “expect”, “estimate”, “forecast”, “will”, “planned”, and similar expressions are intended to identify forward-looking statements or information.

Such statements include without limitation: statements regarding timing and amounts of capital expenditures and other assumptions; estimates of future reserves, resources, mineral production, optimization efforts and sales; estimates of mine life; estimates of future internal rates of return, mining costs, cash costs, minesite costs and other expenses; estimates of future capital expenditures and other cash needs, and expectations as to the funding thereof; statements and information as to the projected development of certain ore deposits, including estimates of exploration, development and production and other capital costs, and estimates of the timing of such exploration, development and production or decisions with respect to such exploration, development and production; estimates of reserves and resources, and statements and information regarding anticipated future exploration; the anticipated timing of events with respect to the Company’s mine sites and statements and information regarding the sufficiency of the Company’s cash resources. Such statements and information reflect the Company’s views as at the date of this document and are subject to certain risks, uncertainties and assumptions, and undue reliance should not be placed on such statements and information. Many factors, known and unknown could cause the actual results to be materially different from those expressed or implied by such forward looking statements and information. Such risks include, but are not limited to: the volatility of prices of gold and other metals; uncertainty of mineral reserves, mineral resources, mineral grades and mineral recovery estimates; uncertainty of future production, capital expenditures, and other costs; currency fluctuations; financing of additional capital requirements; cost of exploration and development programs; mining risks; community protests; risks associated with foreign operations; governmental and environmental regulation; the volatility of the Company’s stock price; and risks associated with the Company’s byproduct metal derivative strategies. For a more detailed discussion of such risks and other factors that may affect the Company’s ability to achieve the expectations set forth in the forward-looking statements contained in this document, see the Company’s Annual Report on Form 20-F for the year ended December 31, 2012, as well as the Company’s other filings with the Canadian Securities Administrators and the U.S. Securities and Exchange Commission. The Company does not intend, and does not assume any obligation, to update these forward-looking statements and information. Alain Blackburn, a Qualified Person and the Company’s Senior Vice-President, Exploration, reviewed the technical information disclosed herein. For a detailed breakdown of the Company’s reserve and resource position see the February 13, 2013 press release on the Company’s website. That press release also lists the Qualified Persons for each project.

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NOTES TO INVESTORS

Note Regarding the Use of Non-GAAP Financial Measures This document presents estimates of future “total cash cost per ounce”, “minesite cost per tonne”, and “all-in sustaining cost per ounce of gold produced” that are not recognized measures under United States generally accepted accounting principles (“US GAAP”). This data may not be comparable to data presented by other gold producers. These future estimates are based upon the total cash costs per ounce and minesite costs per tonne that the Company expects to incur to mine gold at the applicable sites and do not include production costs attributable to accretion expense and other asset retirement costs, which will vary over time as each project is developed and mined. It is therefore not practicable to reconcile these forward-looking non-GAAP financial measures to the most comparable GAAP measure. A reconciliation of the Company’s total cash cost per ounce and minesite cost per tonne to the most comparable financial measures calculated and presented in accordance with US GAAP for the Company’s historical results of operations is set forth in the notes to the financial statements included in the Company’s Annual Information Form and Annual Report on Form 20-F, for the year ended December 31, 2012, as well as the Company’s other filings with the Canadian Securities Administrators and the SEC. Note Regarding Production Guidance The gold production guidance is based on the Company’s mineral reserves but includes contingencies and assumes metal prices and foreign exchange rates that are different from those used in the reserve estimates. These factors and others mean that the gold production guidance presented in this disclosure does not reconcile exactly with the production models used to support these mineral reserves.

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IMPROVING GOLD PRICE ENVIRONMENT

1100

1200

1300

1400

1500

1600

1700

12/12 01/13 02/13 03/13 04/13 05/13 06/13 07/13 08/13 09/13

Gold ($US/oz) YTD

Gold price likely to remain range bound between $1,200 - $1,800 /oz in the medium term on solid demand and supply side constraints

China, India, and Central Bank demand roughly equals annual mine supply – physical gold moving to stronger hands

Gold producers appear to have no safety margin to manage much lower gold prices:

No hedge books No ability to high-grade deposits Few sources of new financing

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IMPROVING GOLD PRICE ALLOWS QUALITY GOLD EQUITIES TO DELIVER VALUE

High quality, manageable gold businesses can provide multiple sources of value to investors:

Quality Gold

Producer Equities

Gold Exploration

Equities

Royalty Companies

Bullion and Gold

ETFs

Gold price Participation Yield

Growth

Operating Leverage

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DEFINING A HIGH QUALITY GOLD EQUITY

Investor requirements:

Manageable business

Producers with solid, achievable growth

Ability to deliver on guidance

Low Cost Structure with ability to deliver margin expansion

Low political risk

Experienced management with consistent, focused strategy

Return of capital (Yield)

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AEM – DELIVERING RESULTS IN A CHALLENGING ENVIRONMENT

► Record quarterly gold production (Q3’13) of 315,828 oz at a total cash cost of $591/oz

► 2013 Production guidance increased to approximately 1,060,000 oz of gold

► 2013 Total cash cost guidance reduced to approximately $690/oz

► 2013 all-in sustaining cost estimate is reduced to $1,025/oz (from $1,100/oz)

► Goldex and La India contributing to ~20% production growth through 2015

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IMPROVEMENTS IN CASH FLOW GENERATION Adjusting the business to the current gold price environment

2013 Reduction in capital and operating costs (announced Q2/13) $50 million Reduction in exploration spending (announced Q2/13) $20 million

Estimated positive net impact on cash flow $70 million

2014 Reduction in capital costs (announced Q2/13) $200 million Reduction in exploration spending (announced Q2/13) $50 million Reduction in Labour and G&A costs (announced October 23, 2013) $40 million

Estimated positive net impact on cash flow $290 million

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AEM – MANAGEABLE, SOLID BUSINESS Full year 2013 production revised higher to 1,060,000 moz gold

YTD 2013 EXPECTED

PRODUCTION1

Production Total

Cash Cost 2014 2015 (Gold oz) ($/oz) (Gold oz) (Gold oz) LaRonde 130,445 $801 215,000 250,000

Goldex 1,505 N/A 49,000 85,000

Kittila 104,711 $564 165,000 160,000

Lapa 74,407 $687 96,000 65,000

Meadowbank 307,180 $828 367,000 350,000

Northern Business 618,248 $760 892,000 910,000 Pinos Altos 135,283 $402 136,000 161,000

Creston Mascota 23,361 $511 52,000 55,000

La India 40,000 81,000

Southern Business 158,644 $428 228,000 297,000

AEM Total 776,892 $692 1,120,000 1,207,000

1.As per Feb 14, 2013 press release.

CANADA 62%

FINLAND 13%

MEXICO 25%

Agnico Eagle 2015E Production Profile By Country

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FINANCIAL POSITION Adequate cash balance with financial flexibility

Long-Term Debt Maturities

2017 2020 2022 2024

Notes Outstanding (millions) $115 $360 $225 $100

Coupon 6.13% 6.67% 5.93% 5.02%

ALL AMOUNTS ARE IN US$, (unless otherwise indicated) Sep. 30, 2013

CASH AND CASH EQUIVALENTS (millions) $142

LONG TERM DEBT (millions) $950

AVAILABLE CREDIT FACILITIES $1.05 Billion

COMMON SHARES OUTSTANDING, BASIC (Q3’13 Weighted average, millions) 173.1

COMMON SHARES OUTSTANDING, FULLY DILUTED (Q3’13 Weighted average, millions) 173.5

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MODERATE, ACHIEVABLE PRODUCTION GROWTH Low political risk, mining-friendly jurisdictions

900,000

950,000

1,000,000

1,050,000

1,100,000

1,150,000

1,200,000

1,250,000

2010A 2011A 2012A 2013E 2014E 2015E

Actual Estimate

Payable Gold Production Profile (oz)

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PROJECTED CAPITAL SPENDING

$0

$200,000

$400,000

$600,000

$800,000

$1,000,000

$1,200,000

2008A 2009A 2010A 2011A 2012A 2013E 2014E

Actual Estimate

Capital Expenditures (US$ 000’s)

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Production weighted Fraser institute Policy Potential Index scores by company (2012-2015)

LOW POLITICAL RISK, MINING FRIENDLY JURISDICTIONS

Source: Fraser Institute, Barclays, Absa and company data

Operating in low political risk theatres helps create a manageable business

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SOUTHERN BUSINESS

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Skilled workforce, excellent mineral potential, and a well respected mining industry

Mining is the fourth largest sector in the Mexico economy

AEM operations are in two of the top gold producing northern states of Chihuahua and Sonora

Capital Investment in Mexican Mining Industry (US$M)

0 200 400 600 800 1000 1200

Sonora

Zacatecas

Chihuahua

Guerrero

Durango

SLP

Oxaca

Other

2012 Gold Production by State (koz)

Source: Camimex Annual Report 2012.

$2,858 $3,310

$5,612

$8,043

$0

$1,000

$2,000

$3,000

$4,000

$5,000

$6,000

$7,000

$8,000

$9,000

2009 2010 2011 2012Years

MEXICO – WORLD CLASS MINING JURISDICTION

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Pinos Altos was acquired in 2006; Began operations in Q4 2009

Creston Mascota was developed as a satellite project to Pinos Altos in 2011

Pinos Altos is now the 3rd largest gold producer in Mexico and is one of AEM’s biggest cash flow generators

The company acquired the La India project in November 2011; Commissioning is underway less than two years after acquisition

1500 AEM employees in Mexico have a proven track record and are well positioned to continue delivering shareholder returns and future growth

AEM SUCCESS IN MEXICO Solid operations, Steady growth and Exploration upside

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AGNICO EAGLE MEXICO - LARGE LAND POSITIONS

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Cubiro

Creston Mascota

Bravo

Sinter

Reyna de Plata

San Eligio

Santo Nino

El Apache

Oberon de Weber

2.5 km

Cerro Colorado

Pinos Altos & Creston Mascota Numerous satellite deposits

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► Agnico Eagle’s cornerstone asset in Mexico

PROBABLE GOLD RESERVES (million oz) 2.7

AVERAGE GOLD RESERVE GRADE (g/t) 2.2

Indicated gold resource (million oz)

(17.9 M tonnes @ 1.52 g/t) 0.9

Inferred gold resource (million oz)

(24.6 M tonnes @ 1.19 g/t) 0.9

Estimated LOM (years) 17

See AEM Feb 13, 2013 press release for detailed breakdown of reserves and resources.

Pinos Altos & Creston Mascota Reserves December 31st , 2012

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Mexico - Gold & Silver Production Trend

10,8

23 26

,228

25,6

19

35,2

48

39,9

55

43,4

40

51,0

66

52,7

39

52,5

74

57,0

16

63,3

56

61,9

73

52,4

92

46,0

71 57

,530

55,0

43

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

Q4 09 Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Q1 12 Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13

Mexico Quarter Payable Au Oz Production

90,0

00 22

2,00

0

225,

000

290,

000 42

8,00

0

406,

000

452,

000

485,

000

508,

000

507,

000

537,

000

639,

000

628,

000

616,

000

619,

000

614,

000

0

100,000

200,000

300,000

400,000

500,000

600,000

700,000

Q4 09 Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Q1 12 Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13

Mexico Quarter Payable Ag Oz Production

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STRONG RETURN ON INVESTED CAPITAL IN MEXICO $80 Million acquisition with short payback period

Approximately $800 million in cumulative operating cash flow

Both Pinos Altos and Creston Mascota already have positive ROIC, including acquisition costs

17 years remaining in Life Of Mine

Solid track record of delivering projects on time and on budget

One of the largest cash flow generators in the Company

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LA INDIA Commercial production expected in Q1 2014

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• Leaching commenced in Q4 2013, with the first gold pour in November

• Gold production expected to average approximately 90 koz/yr @ average total cash costs of approximately $500/oz

• Project ahead of schedule and on budget -$157.6 million

• Commissioning began 22 months after acquisition

• Low technical risk

• Metallurgical testing results on La India sulphides and Tarachi mineralization expected later this year

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NORTHERN BUSINESS

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CANADA - QUEBEC Established, experienced business with upside potential

LaRonde – Agnico Eagle’s flagship mine, operating for 25 years with 14 years of remaining mine life

Gold production expected to expand to over 300,000 oz in 2015-2018; Driven by significant increases in expected gold grade

Lapa – Steady operation demonstrates effective cost control

Potential to expand mine life past 2015 through Zulapa extension

Goldex – First gold pour occurred in October

Expected to add approximately 90,000 oz annually to the Company’s production profile

Technical studies on other satellite zones expected by end of 2013; Could provide meaningful extension on mine life

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CANADA - NUNAVUT Record quarterly gold production at Meadowbank

Meadowbank - Record quarterly production – 133 koz at $623 cash costs

Excellent cost control due to improved productivity and cost reduction initiatives

Grades forecast to remain strong through the first half of 2014

Meliadine - Project has possibility to be the Company’s largest producing asset

2014 capital expenditures reduced by $80 million to $45 million

Program will focus on ramp development and exploration drilling

Updated technical study on track for H2 2014

Encouraging exploration results from Tiriganiaq, Normeg, Pump South, and F Zones

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FINLAND – KITTILA Production positively impacted by high-grade pit pillar

Record quarterly gold production on increased throughput, and recoveries

Better SAG mill performance and simplified autoclave operation following the Q2 2013 relining

750 tpd mill expansion remains on budget and schedule

Remains Agnico Eagle’s largest reserve asset, with significant exploration and expansion potential

P&P GOLD RESERVES (million oz) 4.8

AVERAGE GOLD RESERVE GRADE (g/t) 4.5

Indicated resource (million oz) (7.8 M tonnes @ 2.65 g/t) 0.7

Inferred resource (million oz) (19.0 M tonnes @ 3.88 g/t) 2.4

Estimated LOM (years) 25

See AEM Feb 13, 2013 press release for detailed breakdown of reserves and resources.

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MANAGING AND DELIVERING IN A VOLATILE GOLD MARKET

► 2013 production guidance raised

► Improved cash flow generation for 2013 and 2014 expected through cost savings and increased production guidance – potential total impact approximately $400 million

► Delivering on production - strong operating performance expected to continue into 2014

► Funded production growth - expecting ~20% growth through 2015

► Bringing on new mines ahead of schedule and on budget - La India and Goldex

► Financial flexibility maintained

► Consistent acquisition strategy – small scale, early stage investments with exploration upside

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PIPELINE OF SELECT STRATEGIC INTERESTS

Exploration Pre-productionNorthernBusiness

ATAC Resource (2013) Probe Mines (2013) Rubicon (2011)

8.48%($7M)

9.91%($16M)

3.7%($15.2M)

SouthernBusiness

Kootenay Silver (2013) Sulliden Gold (2013)

9.95%($4.3M)

8.69%($21.8M)

Riddarhyttan: 2005 Gold Eagle: Acquired by Goldcorp in 2008

Comaplex: 2010 Queenston: Acquired by Osisko in 2012

Acquisitions Dispositions

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UPCOMING CATALYSTS

► Grades forecast to remain strong at Meadowbank in Q4 and potentially into 2014

► Continued grade improvement expected at LaRonde as cooling plant is commissioned and higher grade mining pyramids at depth are accessed

► Production profile to benefit from a full year of operation at Goldex in 2014

► La India leaching expected to commence in November 2013 and commercial production expected to commence in Q1 2014

► Updated 3 year guidance – scheduled for Feb 2014

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APPENDIX

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COST EFFECTIVE EXPLORATION REFLECTS SUCCESSFUL M&A STRATEGY Significant exploration results at acquired properties

0

3,000

6,000

9,000Ki

ttila

'05

Kitt

ila '1

2

Pino

sAl

tos '

06

Pino

sAl

tos '

12

Mea

dow

bank

'07

Mea

dow

bank

'12

Mel

iadi

ne'1

0

Mel

iadi

ne'1

2

La In

dia

'11

La In

dia

'12

Mined

Proven &ProbableMeasured &IndicatedInferred

+1105 koz

+5644 koz

+3161 koz

+3085 koz

+1097 koz

$54 $43

$173

$121

$186

$18 $27 $48

$26 $10

$0

$50

$100

$150

$200

Kittila Pinos Altos Meadowbank Meliadine La India

Purchase Cost per OzDiscovery Cost per Oz

Note: The terms “measured resources”, “indicated resources” and “inferred resources” are not recognized under the SEC guidelines. Detailed information can be found in the February 13, 2013 press release.

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GOLD AND SILVER RESERVES AND RESOURCES December 31, 2012

Gold

Tonnes (000’s)

Gold (g/t)

Gold (ounces)

(000’s)

Proven 13,836 3.13 1,394

Probable 170,300 3.16 17,286

Total Reserves 184,136 3.16 18,681

Measured & Indicated 140,995 1.79 8,104

Inferred 199,503 1.90 12,159

Silver

Tonnes (000’s)

Silver

(g/t)

Silver (ounces)

(000’s)

Proven 9,390 47.30 14,281

Probable 57,536 43.93 81,256

Total Reserves 66,926 44.40 95,537

Measured & Indicated 23,379 31.95 24,015

Inferred 36,479 20.66 24,228

See AEM Feb 13, 2013 press release for detailed breakdown of reserves and resources. Reserves are not a subset of resources.

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COPPER, ZINC AND LEAD RESERVES AND RESOURCES December 31, 2012

See AEM Feb 13, 2013 press release for detailed breakdown of reserves and resources. Reserves are not a subset of resources.

Copper Tonnes (000’s)

Copper (%)

Copper (tonnes)

Proven 6,323 0.30 18,744

Probable 22,462 0.24 53,835

Total Reserves 28,786 0.25 72,580

Indicated 5,432 0.12 6,644

Inferred 11,887 0.25 29,317

Zinc Tonnes (000’s)

Zinc (%)

Zinc (tonnes)

Proven 6,323 1.06 67,211

Probable 22,462 0.68 152,973

Total Reserves 28,786 0.76 220,184

Indicated 5,432 1.50 81,551

Inferred 11,887 0.58 69,048

Lead Tonnes (000’s)

Lead (%)

Lead (tonnes)

Proven 6,323 0.12 7,738

Probable 22,462 0.05 10,304

Total Reserves 28,786 0.06 18,042

Indicated 5,432 0.15 8,071

Inferred 11,887 0.05 5,375

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NOTES TO INVESTORS REGARDING THE USE OF RESOURCES

Cautionary Note to Investors Concerning Estimates of Measured and Indicated Resources This document uses the terms “measured resources” and “indicated resources”. We advise investors that while those terms are recognized and required by Canadian regulations, the SEC does not recognize them. Investors are cautioned not to assume that any part or all of mineral deposits in these categories will ever be converted into reserves. Cautionary Note to Investors Concerning Estimates of Inferred Resources This document also uses the term “inferred resources”. We advise investors that while this term is recognized and required by Canadian regulations, the SEC does not recognize it. “Inferred resources” have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies, except in rare cases. Investors are cautioned not to assume that part or all of an inferred resource exists, or is economically or legally mineable. Scientific and Technical Data Agnico Eagle Mines Limited is reporting mineral resource and reserve estimates in accordance with the CIM guidelines for the estimation, classification and reporting of resources and reserves. Cautionary Note To U.S. Investors – The SEC permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. Agnico Eagle uses certain terms in this press release, such as “measured”, “indicated”, and “inferred”, and “resources” that the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. investors are urged to consider closely the disclosure in our Form 20-F, which may be obtained from us, or from the SEC’s website at: http://sec.gov/edgar.shtml. A “final” or “bankable” feasibility study is required to meet the requirements to designate reserves under Industry Guide 7. Estimates for all properties were calculated using historic three-year average metals prices and foreign exchange rates in accordance with the SEC Industry Guide 7. Industry Guide 7 requires the use of prices that reflect current economic conditions at the time of reserve determination, which the Staff of the SEC has interpreted to mean historic three-year average prices. The assumptions used for the mineral reserves and resources estimates at the Lapa, Meadowbank and Creston Mascota mines and the Goldex and Meliadine projects reported by the Company on February 13, 2013 are based on three-year average prices for the period ending December 31, 2012 of $1,490 per ounce gold, $29.00 per ounce silver, $0.95 per pound zinc, $3.67 per pound copper, $1.00 per pound lead and C$/US$, US$/Euro and MXP/US$ exchange rates of 1.00, 1.34 and 12.75, respectively. The assumptions used for the mineral reserves and resources estimates at the LaRonde, Pinos Altos and Kittila mines and the La India and Tarachi projects reported by the Company on February 13, 2013 were based on three-year average prices for the period ending June 30, 2012 of $1,345 per ounce gold, $25.00 per ounce silver, $0.95 per pound zinc, $3.49 per pound copper, $0.99 per pound lead and C$/US$, US$/Euro and MXP/US$ exchange rates of 1.00, 1.30 and 13.00, respectively. The Canadian Securities Administrators’ National Instrument 43-101 (“NI 43-101”) requires mining companies to disclose reserves and resources using the subcategories of “proven” reserves, “probable” reserves, “measured” resources, “indicated” resources and “inferred” resources. Mineral resources that are not mineral reserves do not have demonstrated economic viability.

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NOTES TO INVESTORS REGARDING THE USE OF RESOURCES

A mineral reserve is the economically mineable part of a measured or indicated mineral resource demonstrated by at least a preliminary feasibility study. This study must include adequate information on mining, processing, metallurgical, economic and other relevant factors that demonstrate, at the time of reporting, that economic extraction can be justified. A mineral reserve includes diluting materials and allows for losses that may occur when the material is mined. A proven mineral reserve is the economically mineable part of a measured mineral resource demonstrated by at least a preliminary feasibility study. A probable mineral reserve is the economically mineable part of an indicated, and in some circumstances, a measured mineral resource demonstrated by at least a preliminary feasibility study. A mineral resource is a concentration or occurrence of natural, solid, inorganic material, or natural solid fossilized organic material including base and precious metals in or on the Earth’s crust in such form and quantity and of such a grade or quality that it has reasonable prospects for economic extraction. The location, quantity, grade, geological characteristics and continuity of a mineral resource are known, estimated or interpreted from specific geological evidence and knowledge. A measured mineral resource is that part of a mineral resource for which quantity, grade or quality, densities, shape and physical characteristics are so well established that they can be estimated with confidence sufficient to allow the appropriate application of technical and economic parameters, to support production planning and evaluation of the economic viability of the deposit. The estimate is based on detailed and reliable exploration, sampling and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes that are spaced closely enough to confirm both geological and grade continuity. An indicated mineral resource is that part of a mineral resource for which quantity, grade or quality, densities, shape and physical characteristics can be estimated with a level of confidence sufficient to allow the appropriate application of technical and economic parameters, to support mine planning and evaluation of the economic viability of the deposit. The estimate is based on detailed and reliable exploration and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes that are spaced closely enough for geological and grade continuity to be reasonably assumed. An inferred mineral resource is that part of a mineral resource for which quantity and grade or quality can be estimated on the basis of geological evidence and limited sampling and reasonably assumed, but not verified, geological and grade continuity. The estimate is based on limited information and sampling gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes. Mineral resources which are not mineral reserves do not have demonstrated economic viability. Investors are cautioned not to assume that part or all of an inferred resource exists, or is economically or legally mineable. A Feasibility Study is a comprehensive technical and economic study of the selected development option for a mineral project that includes appropriately detailed assessments of realistically assumed mining, processing, metallurgical, economic, marketing, legal, environmental, social and governmental considerations together with any other relevant operational factors and detailed financial analysis, that are necessary to demonstrate at the time of reporting that extraction is reasonably justified (economically mineable). The results of the study may reasonably serve as the basis for a final decision by a proponent or financial institution to proceed with, or finance, the development of the project. The confidence level of the study will be higher than that of a Pre-Feasibility Study. The effective date for all of the Company’s mineral resource and reserve estimates in this press release is December 31, 2012. Additional information about each of the mineral projects that is required by NI 43-101, sections 3.2 and 3.3 and paragraphs 3.4 (a), (c) and (d) can be found in the Technical Reports referred to above, which may be found at www.sedar.com. Other important operating information can be found in the Company’s Form 20-F and this news release dated February 13, 2013. Alain Blackburn, a Qualified Person and the Company’s Senior Vice-President, Exploration, reviewed the technical information disclosed herein.

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Trading Symbol: AEM on TSX & NYSE

Investor Relations: 416-847-8665 info@agnicoeagle.com