Ivanhoe Capital appoints Bill Weld, a prominent U.S. attorney and former Governor of Massachusetts, as an international business adviser

    SINGAPORE, June 2 /CNW/ - Robert M. Friedland, Chairman of Ivanhoe
Capital Corporation, today announced the appointment of prominent U.S.
attorney and former Massachusetts Governor William (Bill) F. Weld as an
international business adviser to the Ivanhoe group of companies, specializing
in political and government relations.
    "I am extremely pleased that Bill has agreed to join our team and bring
his exceptional depth of experience and knowledge to the Ivanhoe group of
companies," Mr. Friedland said. "Bill's career in law and government service,
bipartisan approach to public policy making, success as a trade group leader
and his strong credentials in the political arena make him a natural choice to
help Ivanhoe Capital and its affiliated companies make the most of the
opportunities that lie ahead as global markets are reinvigorated through
economic renewal and restructuring."
    Mr. Weld will continue to be based in New York City, where he became a
partner in the law firm of McDermott Will & Emery in 1997. His practice has
been focused on government strategies, corporate investigations and
compliance, energy and private equity.
    As Governor of Massachusetts between 1990 and 1997, he was credited with
improving the business climate in the state and led business and trade
missions to many countries in Asia, Europe, Latin America and Africa.
    Prior to his terms as governor, Mr. Weld was a U.S. federal prosecutor
for seven years, serving as the Assistant U.S. Attorney General in charge of
the Criminal Division of the Justice Department in Washington, D.C., and as
the U.S. Attorney for Massachusetts during the Reagan administration. He was a
securities and anti-trust litigator in Boston for 12 years.
    Mr. Weld also was a partner with the New York Private Equity firm Leeds
Weld and Co. between 2001 and 2005 (the firm became Leeds Equity Partners when
he left in 2005).
    Earlier in his career, Mr. Weld served in Washington as a staff member
for the U.S. House of Representatives and the U.S. Senate. Mr. Weld is a
member of the Council on Foreign Relations. He graduated from Harvard College
in 1966, studied economics at University College, Oxford, and graduated from
Harvard Law School in 1970.

    About Ivanhoe Capital

    Ivanhoe Capital is a private company that specializes in venture capital
and project financing from bases in Singapore and Beijing. With Mr.
Friedland's leadership, Ivanhoe executives and affiliated benefiting companies
have raised several billion dollars on international capital markets since
1993. Companies associated with Ivanhoe Capital include: Ivanhoe Mines
(IVN-TSX, NYSE, NASDAQ); Ivanhoe Energy (IE-TSX, IVAN-NASDAQ); SouthGobi
Energy Resources (SGQ-TSX.v); Ivanhoe Australia (IVA-ASX); and Ivanhoe Nickel
and Platinum (Ivanplats-privately held).

For further information:

For further information: Ivanhoe Capital Investor Relations: Bill
Trenaman; Media: Bob Williamson, (604) 688-7166

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