Barry Landen Receives Jail Sentence and Fine Related to Illegal Insider Trading



    TORONTO, Jan. 29 /CNW/ - Justice Rebecca Shamai of the Ontario Court of
Justice today sentenced Barry Landen in connection with insider trading
contrary to subsections 76(1) and 122(1)(c) of the Securities Act.
    Justice Shamai sentenced Mr. Landen to a 45-day jail term and ordered him
to pay a fine of $200,000.
    On October 24, 2008, Justice Shamai pronounced Mr. Landen guilty of
insider trading in securities of Agnico-Eagle Mines Ltd. Justice Shamai found
that Mr. Landen, who was a senior officer of Agnico-Eagle in October 2003,
traded in securities while in possession of material undisclosed information,
contrary to the Securities Act.
    Appendix A to the Information respecting charges against Barry Landen is
available on the OSC website at www.osc.gov.on.ca





For further information:

For further information: For Media Inquiries: Wendy Dey, Director,
Communications & Public Affairs, (416) 593-8120; Laurie Gillett, Manager,
Public Affairs, (416) 595-8913; Carolyn Shaw-Rimmington, Assistant Manager,
Public Affairs, (416) 593-2361; For Investor Inquiries: OSC Contact Centre,
(416) 593-8314, 1-877-785-1555 (Toll Free)


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