Dundee Precious Metals Inc. (TSX: DPM)(TSX: DPM.WT)(TSX: DPM.WT.A) (the "Company" or "DPM") will be holding an analyst call to present its Third Quarter 2010 Financial Results on Friday, November 5, 2010 at 8:30 a.m. (EST). The call will be hosted by Jonathan Goodman, President and Chief Executive Officer, who will be joined by Stephanie Anderson, Executive Vice President and Chief Financial Officer.

The call will be webcast live (audio only) at: http://www.gowebcasting.com/2028.

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 95% interest in Vatrin Investment Limited ("Vatrin"), a private entity which holds 100% of Deno Gold Mining Company CJSC , its principal asset being the Kapan mine, a gold, copper, zinc, silver concentrates producer located south east of the capital city of Yerevan 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, through its wholly-owned subsidiary, Balkan Mineral and Mining EAD, and certain exploration and exploitation properties in Serbia.

Contacts: DUNDEE PRECIOUS METALS INC. Jonathan Goodman President & Chief Executive Officer (416) 365-2408 jgoodman@dundeeprecious.com DUNDEE PRECIOUS METALS INC. Lori Beak Vice President, Investor Relations and Corporate Secretary (416) 365-5165 lbeak@dundeeprecious.com www.dundeeprecious.com

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