Ivanhoe Mines, Rio Tinto and Government of Mongolia to Sign Oyu Tolgoi Investment Agreement in State Ceremony October 6

* Reuters is not responsible for the content in this press release.

Mon Oct 5, 2009 8:15am EDT 

  ULAANBAATAR, MONGOLIA, Oct 05 (MARKET WIRE) -- 
Ivanhoe Mines (TSX: IVN)(NYSE: IVN)(NASDAQ: IVN) and its strategic
partner, Rio Tinto, will join with the Government of Mongolia in a state
ceremony for the signing of an Investment Agreement for the Oyu Tolgoi
copper-gold project on Tuesday, October 6.

    The Mongolian Government announced on October 4 that the signing will
take place in the Great Hall of the Parliament House in the capital city
of Ulaanbaatar. The ceremony will be attended by Mongolia's President
Tsakhia Elbegdorj, Prime Minister Sanjaa Bayar, Parliament Speaker Damdin
Demberel, members of the Cabinet, members of the national Parliament,
government officials and invited representatives of international
embassies, the Mongolian business community, civic organizations and the
public.

    The Investment Agreement, which establishes a legal, stable, long-term
tax and regulatory environment for the construction and operation of the
Oyu Tolgoi mining complex, will be signed by representatives of Ivanhoe
Mines and Rio Tinto. Under Mongolia's Minerals Law, the Government's
signatories will be the Minister of Finance, the Minister of Mineral
Resources and Energy and the Minister of Environment and Tourism.

    Ivanhoe Mines' shares are listed on the Toronto, New York and NASDAQ
stock exchanges under the symbol IVN.

Contacts:
Ivanhoe Mines Ltd.
Bill Trenaman
Investors
1-604-688-5755

Ivanhoe Mines Ltd.
Bob Williamson
Media
1-604-331-9880
Website: www.ivanhoemines.com

Copyright 2009, Market Wire, All rights reserved.

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