NOTICE

DPM 2008 Year End Financial Results 

Toronto, February 9, 2009 - Dundee Precious Metals Inc. (TSX: DPM; DPM.WT; DPM.WT.A) (the “Company” or “DPM”) will be holding an analyst conference call to discuss its 2008 Year End Financial Results on Friday, February 20, 2009 at 8:30 a.m. (EST).  The call will be hosted by Jonathan Goodman, President and Chief Executive Officer, who will be joined by Stephanie Anderson, Executive Vice President and Chief Financial Officer.

The call will be webcast live (audio only) at: 
http://events.onlinebroadcasting.com/dundee/022009/index.php.

The corresponding press release and financial statements will be issued prior to the call 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.  DPM 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.