Toronto, October 24, 2008 – Dundee Precious Metals Inc. (DPM, DPM.WT – TSX) (“Dundee Precious” or “the Company”) will be hosting an analyst meeting to present its 2008 Third Quarter Financial Results on Thursday, November 6, 2008 at 8:30 a.m. (EST).

This meeting will be webcast live (audio only) at:
http://events.onlinebroadcasting.com/dundee/110608/index.php

The corresponding press release and financial statements will be issued before the meeting and posted on the Company’s website at: www.dundeeprecious.com.

Dundee Precious is a Canadian based, international mining company engaged in the acquisition, exploration, development and mining of precious metals. It 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 the Back River gold exploration project in Nunavut, Canada and a 95% interest in the Kapan Mine in Armenia.

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