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Lundin Mining (LMC) Appoints Phil Wright as President and CEO

January 16, 2008 1:08 PM EST
Lundin Mining (NYSE: LMC) is pleased to announce that Mr. Phil Wright has been appointed President and Chief Executive Officer and has joined the Board of Directors of the Company effective as of January 16, 2008. Mr. Wright replaces Mr. Karl-Axel Waplan who has resigned from the Company and as Director to pursue other interests and endeavours.

The Board of Directors of Lundin Mining would like to wholeheartedly thank Mr. Waplan for his invaluable contribution to the Company and wish him great success in the future. Mr. Waplan led the Company's rapid growth from a regional one-mine operation to an internationally recognized global mining house with 6 operating mines and 3 major development projects - an outstanding achievement.

Lundin Mining Corporation is a rapidly growing, diversified base metals mining company with operations in Portugal, Spain, Sweden and Ireland

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