Goldcorp Declares Sixth Monthly Dividend Payment for 2009

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Mon Jun 1, 2009 11:22am EDT

  VANCOUVER, BRITISH COLUMBIA, Jun 01 (MARKET WIRE) -- 
(All dollar amounts in United States dollars (US$))

    GOLDCORP INC. (TSX: G)(NYSE: GG) is pleased to declare its sixth monthly
dividend payment for 2009 of $0.015 per share. Shareholders of record at
the close of business on Thursday, June 11, 2009 will be entitled to
receive payment of this dividend on Friday, June 19, 2009. Goldcorp has
paid a monthly dividend to its shareholders since 2003. Canadian resident
individuals who receive dividends from Goldcorp after 2005 are entitled
to an enhanced gross-up and dividend tax credit on such dividends.

    Goldcorp is North America's fastest growing senior gold producer. Its
low-cost gold production is located in safe jurisdictions in the Americas
and remains 100% unhedged.

    Cautionary Note Regarding Forward Looking Statements

    This press release contains "forward-looking statements", within the
meaning of the United States Private Securities Litigation Reform Act of
1995 and applicable Canadian securities legislation, concerning the
business, operations and financial performance and condition of Goldcorp.
Forward-looking statements include, but are not limited to, statements
with respect to the future price of gold, silver, copper, lead and zinc,
the estimation of mineral reserves and resources, the realization of
mineral reserve estimates, the timing and amount of estimated future
production, costs of production, capital expenditures, costs and timing
of the development of new deposits, success of exploration activities,
permitting time lines, hedging practices, currency exchange rate
fluctuations, requirements for additional capital, government regulation
of mining operations, environmental risks, unanticipated reclamation
expenses, timing and possible outcome of pending litigation, title
disputes or claims and limitations on insurance coverage. Generally,
these forward-looking statements can be identified by the use of
forward-looking terminology such as "plans", "expects" or "does not
expect", "is expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not anticipate", or "believes", or
variations of such words and phrases or state that certain actions,
events or results "may", "could", "would", "might" or "will be taken",
"occur" or "be achieved". Forward-looking statements are subject to known
and unknown risks, uncertainties and other factors that may cause the
actual results, level of activity, performance or achievements of
Goldcorp to be materially different from those expressed or implied by
such forward-looking statements, including but not limited to: risks
related to the integration of acquisitions; risks related to
international operations; risks related to joint venture operations;
actual results of current exploration activities; actual results of
current reclamation activities; conclusions of economic evaluations;
changes in project parameters as plans continue to be refined; future
prices of gold, silver, copper, lead and zinc; possible variations in ore
reserves, grade or recovery rates; failure of plant, equipment or
processes to operate as anticipated; accidents, labour disputes and other
risks of the mining industry; delays in obtaining governmental approvals
or financing or in the completion of development or construction
activities, as well as those factors discussed in the section entitled
"Description of the Business - Risk Factors" in Goldcorp's Annual
Information Form for the year ended December 31, 2008, available on
www.sedar.com, and Form 40-F for the year ended December 31, 2008 on file
with the United States Securities and Exchange Commission in Washington,
D.C. 

    Although Goldcorp has attempted to identify important factors that could
cause actual results to differ materially from those contained in
forward-looking statements, there may be other factors that cause results
not to be as anticipated, estimated or intended. There can be no
assurance that such statements will prove to be accurate, as actual
results and future events could differ materially from those anticipated
in such statements. Accordingly, readers should not place undue reliance
on forward-looking statements. Goldcorp does not undertake to update any
forward-looking statements that are incorporated by reference herein,
except in accordance with applicable securities laws.

Contacts:
Goldcorp Inc.
Jeff Wilhoit
VP, Investor Relations
(604) 696-3074
(604) 696-3001 (FAX)
info@goldcorp.com
www.goldcorp.com

Copyright 2009, Market Wire, All rights reserved.

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