Ivanhoe Mines (TSX: IVN)(NYSE: IVN)(NASDAQ: IVN) founder and Chief Executive Officer Robert Friedland said today that the company will issue a statement on Monday, September 26, in response to what it considers to be unauthorized and incomplete information concerning the Oyu Tolgoi Project by members of Rio Tinto's senior management this week.

About Ivanhoe Mines

Ivanhoe Mines (TSX: IVN)(NYSE: IVN)(NASDAQ: IVN) is an international mining company with operations focused in the Asia Pacific region. Assets include the company's 66% interest in the Oyu Tolgoi copper-gold-silver mine development project in southern Mongolia; its 57% interest in Mongolian coal miner SouthGobi Resources (TSX: SGQ)(HK: 1878); a 62% interest in Ivanhoe Australia (TSX: IVAN)(ASX: IVA), a copper-gold-uranium-molybdenum-rhenium exploration and development company; and a 50% interest in Altynalmas Gold Ltd., a private company developing the Kyzyl Gold Project in Kazakhstan.

Contacts: Ivanhoe Mines Ltd. - Investors Bill Trenaman +1.604.688.5755 Ivanhoe Mines Ltd. - Media Bob Williamson +1.604.331.9830

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