Mr. Randy Smallwood reports

SILVER WHEATON ANNOUNCES ELECTION OF DIRECTORS AND APPROVAL OF SPECIAL MATTERS

The nominees listed in Silver Wheaton Corp.'s management proxy circular for the 2014 annual and special meeting of shareholders have been elected as directors of Silver Wheaton. Detailed results of the vote for directors of the company held at the annual and special meeting of shareholders earlier today are shown in the attached table.

          VOTING RESULTS FOR DIRECTOR NOMINEES

Nominee              Votes for   % for  Votes withheld % withheld

Lawrence I. Bell     170,061,439 99.06  1,607,166      0.94   
George L. Brack      168,457,095 98.13  3,211,510      1.87   
John A. Brough       170,150,611 99.12  1,517,994      0.88   
R. Peter Gillin      170,136,257 99.11  1,532,348      0.89   
Chantal Gosselin     170,408,989 99.27  1,259,616      0.73   
Douglas M. Holtby    169,972,210 99.01  1,696,395      0.99   
Eduardo Luna         136,291,095 79.39  35,377,510     20.61   
Wade D. Nesmith      139,000,466 80.97  32,668,139     19.03   
Randy V.J. Smallwood 169,739,131 98.88  1,929,474      1.12   

In addition, the following special matters were approved by shareholders at the 2014 annual and special meeting of shareholders:

• The non-binding advisory resolution accepting the company's approach to executive compensation was carried with 95.27 per cent of the votes cast in favour of such resolution.
• The amendment to the company's share option plan was carried with 89.36 per cent of the votes cast in favour of such resolution.
• The confirmation of the bylaw providing for advance notice requirements for the nomination of directors was carried with 97.71 per cent of the votes cast in favour of such resolution.
• The confirmation of the amendment to the company's existing bylaws to increase the quorum at a meeting of shareholders from 10 per cent to 25 per cent was carried with 99.47 per cent of the votes cast in favour of such resolution.
• The confirmation of the amendment to the company's existing bylaws to modernize and enhance notice and signature provisions was carried with 99.58 per cent of the votes cast in favour of such resolution.