Mr. Clynton Nauman reports

ALEXCO ADOPTS ADVANCE NOTICE POLICY

Alexco Resource Corp.'s board of directors has adopted an advance notice policy in order to facilitate an orderly and efficient process for holding annual general or special meetings. This is intended to ensure that all shareholders receive adequate notice of director nominations and sufficient information with respect to all nominees, and to allow shareholders to register an informed vote having been afforded reasonable time for appropriate deliberation.

Among other things, the policy fixes a deadline by which holders of record of common shares of Alexco must submit director nominations to Alexco prior to any annual or special meeting of shareholders and sets forth the specific information that a shareholder must include in the notice to Alexco for an effective nomination to occur. No person will be eligible for election as a director of Alexco unless nominated in accordance with the provisions of the policy.

In the case of an annual meeting of shareholders, notice to Alexco must be made not less than 30 nor more than 65 days prior to the date of the annual meeting; provided, however, that in the event that the annual meeting is to be held on a date that is less than 50 days after the date on which the first public announcement of the date of the annual meeting was made, notice may be made not later than the close of business on the 10th day following such public announcement.

In the case of a special meeting of shareholders (which is not also an annual meeting) called for the purpose of electing directors, notice to Alexco must be made not later than the close of business on the 15th day following the day on which the first public announcement of the date of the special meeting was made.

The policy is effective and in full force and effect as of May 1, 2013. In accordance with the terms of the policy, the policy will be put to shareholders of Alexco for approval at the next annual meeting of shareholders scheduled to be held on June 7, 2013. If the policy is not confirmed at the annual meeting by an ordinary resolution of shareholders, the policy will terminate and be of no further force and effect following the termination of the annual meeting. A copy of the policy will be available on the corporate governance page within the corporate section on Alexco's website.

We seek Safe Harbor.