Mr. Clynton Nauman reports

ALEXCO MAILS INFORMATION CIRCULAR

Alexco Resource Corp. has mailed a notice of meeting and management information circular to the shareholders of record as of April 20, 2018, 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 Thursday, June 7, 2018, at 1:30 p.m. (Pacific Time).

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

HOW TO VOTE

Registered Holders are asked to return their proxies by June 5, 2018 at 1:30 p.m. (Pacific Time) using one of the following methods:

INTERNET:

Vote online 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. Attn: Proxy Department 100 University Avenue, 8th Floor Toronto, Ontario M5J 2Y1

Beneficial Holders are asked to vote by June 4, 2018 at 1:30 p.m. (Pacific Time) using one of the following methods:

INTERNET:

Vote online using the control number located on the voting instruction form.

TELEPHONE:

Canada:  Call 1-800-474-7493 (ENGLISH) OR 1-800-474-7501 (FRENCH)

United States:  Call 1-800-454-8683

MAIL:

Complete, date and sign the voting instruction form and return it in the return envelope enclosed.

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

Please visit the Alexco website.

We seek Safe Harbor.