Revett Minerals Provides Update on Efforts to Streamline Corporate Structure



    SPOKANE VALLEY, WA, April 1 /CNW Telbec/ - Revett Minerals Inc.,
("TSX-RVM") ("Revett" or the "Company") has issued 20,553,500 Common shares
and 2,077,665 warrants in exchange for an equivalent number of Revett Silver
Class B Common Shares and warrants.
    As announced in a press release dated March 19, 2009, Revett Silver
invited its shareholders to request a redemption of their Class B Common
Shares in exchange for common shares of Revett Minerals. Revett Silver is now
a 94% owned subsidiary of Revett Minerals Inc.
    Mr. John Shanahan, President and CEO, noted "We are very pleased with the
high level of participation of Revett Silver Class B shareholders. As we move
forward with streamlining the Company's corporate structure, we are hopeful
that the remaining Revett Silver Class B common shares will be exchanged in
the second quarter."

    About Revett

    Revett Minerals, through its subsidiaries, owns and operates the Troy
Mine and development-stage Rock Creek Project, both located in northwestern
Montana, USA. These projects host significant copper and silver mineral
reserves and resources and will form the basis of our plan to become a solid
mid-tier base and precious metals producer. Revett plans on expanding
production through exploration in and around its current properties, as well
as through targeted business combinations of advanced stage projects.

    John Shanahan
    President & CEO

    Except for the statements of historical fact contained herein, the
information presented in this press release may contain "forward-looking
statements" within the meaning of the Private Securities Litigation Reform Act
of 1995. There is no guarantee that our efforts to streamline the corporate
structure of the company will be successful in that neither Revett Minerals
nor Revett Silver has the right to cause the exchange of the Class B Shares of
Revett Silver for common shares of Revett Minerals or to cause the exchange of
warrants in Revett Silver for warrants of Revett Minerals. Actual results and
developments could be affected by the holders of Class B Common Shares and/or
warrants not exercising their rights due to tax or other reasons. Although
Revett Minerals has attempted to identify important factors that could cause
actual results to differ materially, 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.
    %SEDAR: 00021518E




For further information:

For further information: Doug Ward, VP Corporate Development; Monique
Hayes, Corporate/Investor Communications, (509) 921-2294;
www.revettminerals.com

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REVETT MINERALS INC.

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