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Press release from CNW Group

Agnico-Eagle Declares a Quarterly Dividend of $0.20 Per Share

Friday, April 27, 2012

Agnico-Eagle Declares a Quarterly Dividend of $0.20 Per Share15:15 EDT Friday, April 27, 2012(All amounts expressed in U.S. dollars unless otherwise noted)Stock Symbol: AEM (NYSE and TSX)  TORONTO, April 27, 2012 /CNW/ - Agnico-Eagle Mines Limited is pleased to announce that its Board of Directors has approved the payment of a quarterly cash dividend of $0.20 per common share.  The next of these dividends will be paid on June 15, 2012 to shareholders of record as of June 1, 2012.  Agnico-Eagle has declared a cash dividend to its shareholders for 30 consecutive years.Dividend Reinvestment ProgramPlease follow the link below for information on the Company's dividend reinvestment program.Dividend Reinvestment and Share Purchase PlanAbout Agnico-EagleAgnico-Eagle is a long established, Canadian headquartered, gold producer with operations located in Canada, Finland and Mexico, and exploration and/or development activities in Canada, Finland, Mexico and the United States.  The Company has full exposure to higher gold prices consistent with its policy of no forward gold sales and maintains a corporate strategy based on increasing shareholders exposure to gold, on a per share basis.  It has declared a cash dividend for 30 consecutive years.  www.agnico-eagle.comFor further information: Investor Relations (416) 947-1212