Mr. Jason Combes reports

IVANHOE MINES APPOINTS FOUR NEW DIRECTORS AND ACCEPTS RESIGNATION OF THREE DIRECTORS

Ivanhoe Mines Ltd. has appointed four new directors. The newly appointed directors are Jill Gardiner, Peter Gillin, Isabelle Hudon and Dr. David Klingner.

The board has also accepted the resignations of directors Michael Gordon, David Huberman and Robert Holland.

The new appointees join Ivanhoe's four existing directors, who are Andrew Harding, Dan Larsen, Peter Meredith and Kay Priestly. All directors will be submitted to a vote by shareholders at the annual meeting that has been rescheduled for June 28, 2012, with a record date of June 6, 2012.

The board of directors is expected to appoint a chairman later this week.

Biographies of newly appointed directors

Ms. Gardiner was a senior executive of RBC Capital Markets where she held a variety of posts including head of British Columbia, head of forest products group and head of global utilities group. She is currently a director of Parkbridge Lifestyle Communities, a director of Timber Investments, chair of the Banff Centre Foundation and a governor of the Banff Centre. Ms. Gardiner is based in Vancouver.

Mr. Gillin has served as chairman and chief executive officer of Tahera Diamond Corp., president, chief executive officer and director of Zemex Corp., and held a number of senior positions with NM Rothschild & Sons Canada Ltd., including vice-chairman, director and chief executive officer. He is currently a non-executive director of several public companies, including Silver Wheaton Corp., Dundee Precious Metals and Sherritt International Corp. Mr. Gillin is based in Toronto.

Ms. Hudon is currently president of Sun Life Financial Quebec, and previously served as president of Marketel, and president and chief executive officer of the Board of Trade of Montreal. She chairs the board of directors of the Universite du Quebec a Montreal. Ms. Hudon is also a board member of Hydro-Quebec, Aeroports de Montreal, Holt Renfrew Canada and the Institute for Research on Public Policy. Ms. Hudon is based in Montreal.

Dr. Klingner has been a corporate director since 2004 after spending 38 years in the mining industry. During his career with Rio Tinto, he held a variety of positions, including head of exploration, group executive responsible for Rio Tinto's coal and gold businesses in Australia and Indonesia, and managing director of Kaltim Prima Coal in Indonesia. Dr. Klingner retired from Rio Tinto in 2004. He currently serves as non-executive chairman of Energy Resources of Australia Ltd. and chairman of Codan Ltd. Dr. Klingner is based in Melbourne.