Toronto, February 5, 2007 – Dundee Precious Metals Inc. (DPM – TSX) (“Dundee Precious” or “the Company”) will be hosting an analyst meeting to present its 2006 Year End Financial Results on Wednesday, February 21, 2007 at 8:30 a.m. (EST).

This meeting will be webcast live (audio only) at:
http://phx.corporate-ir.net/playerlink.zhtml?c=69218&s=wm&e=1471230
The corresponding press release and a full set of the financial statements and MD&A will be issued before the meeting and posted on the Company’s website at: www.dundeeprecious.com.

Dundee Precious Metals Inc. is a Canadian based, international mining company engaged in the acquisition, exploration, development and mining of precious metals. It currently owns the Chelopech Mine, a producing gold/copper mine, and the Krumovgrad Gold Project, a mining development project, both located in Bulgaria, and is engaged in mineral exploration activities in Serbia. In addition, Dundee Precious owns a 100% interest in the Back River gold exploration project in Nunavut, Canada and an 80% interest in the Kapan Mining Project in Armenia. The Company also holds a significant and strategic portfolio of investments in the precious metals and mineral related sector.

For further information, please contact:

DUNDEE PRECIOUS METALS INC.

Jonathan Goodman
President & Chief Executive Officer
Tel: (416) 365-2408
Email: jgoodman@dundeeprecious.com

Gabriela M. Sanchez
Vice President Investor Relations
Tel: (416) 365-2549
Email: gsanchez@dundeeprecious.com