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AEM.TO ·

Amended Dividend Record Date

Corporate Actions

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Stock Symbol: AEM (NYSE and TSX)

For further information: Investor Relations

(416) 947-1212

(All amounts expressed in U.S. dollars unless otherwise noted)

AMENDED DIVIDEND RECORD DATE

Toronto (October 25, 2019) – Agnico Eagle Mines Limited (NYSE:AEM, TSX:AEM)

("Agnico Eagle" or the "Company") today reports a change to the record date for its

quarterly cash dividend . The quarterly cash dividend of $0.175 per common share,

payable on December 16, 2019, will now be payable to shareholders of record as of

November 27, 2019. The previously reported record date was November 29, 2019. The

record date has been changed as the New York Stock Exchange will be closed in

connection with American Thanksgiving.

Agnico Eagle has declared a cash dividend every year since 1983.

Dividend Reinvestment Plan

Please see the following link for information on the Company's dividend reinvestment

plan: Dividend Reinvestment Plan

About Agnico Eagle

Agnico Eagle is a senior Canadian gold mining company that has produced precious

metals since 1957. Its operating mines are located in Canada, Finland and Mexico, with

exploration and development activities in each of these countries as well as in the United

States and Sweden. The Company and its shareholders have full exposure to gold prices

due to its long -standing policy of no forward gold sales. Agnico Eagle has de clared a

cash dividend every year since 1983.

Further Information

For further information regarding Agnico Eagle, contact Investor Relations at

[email protected] or call (416) 947-1212.

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Forward-Looking Statements

The information in this news release has been prepared as at October 24, 2019. Certain

statements contained in this news release 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

and are referred to herein as "forward -looking statements". When used in this news

release, the words "anticipate", "could", "estimate", "expect", "forecast", "future", "plan",

"possible", "potential", "will" and similar expressions ar e intended to identify forward -

looking statements. Such statements include the Company's expectations regarding the

payment of dividends. Such statements reflect the Company's views as at the date of

this news release and are subject to certain risks, un certainties and assumptions, and

undue reliance should not be placed on such statements. Forward -looking statements

are necessarily based upon a number of factors and assumptions that, while considered

reasonable by Agnico Eagle as of the date of such sta tements, are inherently subject to

significant business, economic and competitive uncertainties and contingencies. The

material factors and assumptions used in the preparation of the forward looking

statements contained herein, which may prove to be incorrect, include, but are not limited

to, the assumptions set forth herein and in management's discussion and analysis

("MD&A") and the Company's Annual Information Form ("AIF") for the year ended

December 31, 2018 filed with Canadian securities regulators an d that are included in its

Annual Report on Form 40-F for the year ended December 31, 2018 ("Form 40 -F") filed

with the U.S. Securities and Exchange Commission (the "SEC") . Many factors, known

and unknown, could cause the actual results to be materially d ifferent from those

expressed or implied by such forward looking statements. Such factors and other risks

that may affect the Company's ability to achieve the expectations set forth in the forward-

looking statements contained in this news release, see the AIF and MD&A filed on SEDAR

at www.sedar.com and included in the Form 40 -F filed on EDGAR at www.sec.gov, as

well as the Company's other filings with the Canadian securities regulators and the SEC.

Other than as required by law, the Company does not inte nd, and does not assume any

obligation, to update these forward-looking statements.