NEWS

WIRES

OTHER

Notice: DPM 2010 Fourth Quarter and Year End Financial Results

Dundee Precious Metals Inc. (TSX: DPM)(TSX: DPM.WT)(TSX: DPM.WT.A) (the "Company" or "DPM") will be holding an analyst conference call to discuss its 2010 Year End Financial Results on Thursday, February 24, 2011 at 8:30 a.m. (E.S.T). The call will be hosted by Jonathan Goodman, President and Chief Executive Officer of the Company and will be accessible via a live webcast and by telephone.

Live webcast (audio only) at: http://www.gowebcasting.com/2181. The webcast will be replayed until Thursday, March 10, 2011 and archived on the Company's website at www.dundeeprecious.com.

Listen only telephone option at 416-340-2220 or North America Toll Free 1-866-542-4237. Replay available at 416-695-5800 or North America Toll Free 1-800-408-3053, passcode 6407137.

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, mining and processing of precious metals properties. The Company's operating interests include its 100% ownership of Chelopech Mining EAD, its principal asset being the Chelopech mine, a gold, copper, silver concentrates producer located east of Sofia, Bulgaria, a 100% ownership of Namibia Custom Smelters (Pty) Ltd., a concentrate processing facility located in Tsumeb, Namibia, and a 100% interest in Deno Gold Mining Company CJSC, its principal asset being the Kapan mine, a gold, copper, zinc, silver concentrates producer located in southern Armenia. DPM's interests also include a 100% interest in the Krumovgrad development stage gold property located in south eastern Bulgaria, near the town of Krumovgrad and certain exploration and exploitation properties in Serbia.