Mr. Clynton Nauman reports

ALEXCO MAILS INFORMATION CIRCULAR IN CONNECTION WITH ANNUAL GENERAL MEETING OF SHAREHOLDERS

Alexco Resource Corp. has mailed a notice of meeting and management information circular to the shareholders of record as of April 22, 2016, in connection with its annual general meeting of shareholders to be held at Suite 1165, Two Bentall Centre, 555 Burrard St., Vancouver, B.C., on June 9, 2016, at 1:30 p.m. Pacific Time.

Your vote is important regardless of the number of shares you own.

Alexco encourages shareholders to read the meeting materials, which have been filed on SEDAR and the company's website on the annual general meeting page.

The board of directors of Alexco recommends that shareholders vote in favour of all proposed items.

How to vote

Registered holders are asked to return their proxies by June 7, 2016, at 1:30 p.m. (Pacific Time) using one of the following methods:

Internet:  vote on-line using the control number located on the bottom left-hand side of the proxy

Telephone:  call 1-866-732-VOTE (8683) toll-free

Mail:  complete, date and sign the form of proxy, and return it using the envelope enclosed to: Computershare Investor Services Inc., 100 University Ave., ninth floor, Toronto, Ont., M5J 2Y1

Beneficial holders are asked to vote by June 6, 2016, at 1:30 p.m. (Pacific Time) using one of the following methods:

Internet:  vote on-line using the control number located on the voting instruction form

Telephone:  call 1-800-474-7493 (English) or 1-800-474-7501 (French)

Mail:  complete, date and sign the voting instruction form, and return it in the return envelope enclosed

Shareholders who have questions or have not received their proxy or voting instruction form may contact Alexco's proxy solicitation agent at: Laurel Hill Advisory Group, toll-free: 1-877-452-7184 or 416-304-0211 or e-mail: assistance@laurelhill.com.

We seek Safe Harbor.