Mr. Shawn Howarth reports

EXCELLON GRANTS STOCK OPTIONS AND SHARE UNITS

Excellon Resources Inc.'s board of directors has approved the grant of 1,705,000 stock options, 1.7 million performance share units and 405,000 deferred share units to directors, officers and employees of the company pursuant to the company's share incentive plan. The stock options are exercisable at a price of 43 cents per share, expire three years from the date of grant, and vest as to one-quarter on the date of grant, and as to one-quarter on each of the dates falling six, 12 and 18 months from the date of grant.

About Excellon Resources Inc.

Excellon's vision is to realize opportunities through the acquisition and advancement of quality precious and base metal assets, leveraging an experienced management team for the benefit of its employees, communities and shareholders. The company is focused on the potential restart of the Mallay silver mine in Peru. Excellon also holds a portfolio of exploration-stage projects, including the Tres Cerros gold/silver exploration property in Peru; Kilgore, an advanced gold project in Idaho; and Silver City, a high-grade epithermal silver district in Saxony, Germany, providing additional growth upside.

We seek Safe Harbor.