Yamana Gold Third Quarter Financial Results Notification and Conference Call

    TSX: YRI
    NYSE:   AUY
    LSE: YAU

announces that as indicated in its press release dated October 15, 2007 the
third quarter 2007 financial results will be released after the close of
business on November 7, 2007. A conference call and audio webcast has been
scheduled for November 8, 2007 at 11:00 a.m. EST to discuss the results.

    Conference Call Information:
    Toll Free (North America):                        866-542-4236
    International:                                 +1 416-641-6125
    Participant Audio Webcast:                      www.yamana.com

    Conference Call REPLAY:

    Replay Call:                     416-695-5800 Passcode 3239999
                                       followed by the number sign

    Replay Toll Free Call:           800-408-3053 Passcode 3239999
                                        followed by the number sign

    The conference call replay will be available from 1:20 p.m. EST on
November 8, 2007 until 11:59 p.m. EST on November 15, 2007.
    For further information on the conference call or audio webcast, please
contact the Investor Relations Department or visit our website,

    About Yamana

    Yamana is a Canadian gold producer with significant gold production, gold
development stage properties, exploration properties, and land positions in
Brazil, Argentina and Central America. Pending completion of the Meridian Gold
transaction, the company's portfolio will also include mines and properties in
Chile, Mexico and the United States. Yamana is producing gold at intermediate
company production levels in addition to significant copper production.
Company management plans to continue to build on this base through the
advancement of its exploration properties and by targeting other gold
consolidation opportunities in Brazil, Argentina and elsewhere in the

    FORWARD-LOOKING STATEMENTS: This news release contains certain
"forward-looking statements" within the meaning of Section 21E of the United
States Securities Exchange Act of 1934, as amended and "forward-looking
information" under applicable Canadian securities laws. Except for statements
of historical fact relating to the company, certain information contained
herein constitutes forward-looking statements. Forward-looking statements are
frequently characterized by words such as "plan," "expect," "project,"
"intend," "believe," "anticipate", "estimate" and other similar words, or
statements that certain events or conditions "may" or "will" occur.
Forward-looking statements are based on the opinions and estimates of
management at the date the statements are made, and are subject to a variety
of risks and uncertainties and other factors that could cause actual events or
results to differ materially from those projected in the forward-looking
statements. These factors include possible variations in ore grade or recovery
rates, fluctuating metal prices and currency exchange rates, changes in
project parameters, the possibility of project cost overruns or unanticipated
costs and expenses, labour disputes and other risks of the mining industry,
failure of plant, equipment or processes to operate as anticipated, as well as
those risk factors discussed or referred to in the Company's annual
Management's Discussion and Analysis and Annual Information Form filed with
the securities regulatory authorities in all provinces of Canada and available
at www.sedar.com, and the Company's Annual Report on Form 40-F filed with the
United States Securities and Exchange Commission. Although the Company has
attempted to identify important factors that could cause actual actions,
events or results to differ materially from those described in forward-looking
statements, there may be other factors that cause actions, events or results
not to be anticipated, estimated or intended. There can be no assurance that
forward-looking statements will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such
statements. The Company undertakes no obligation to update forward-looking
statements if circumstances or management's estimates or opinions should
change. The reader is cautioned not to place undue reliance on forward-looking

For further information:

For further information: Yamana Gold Inc., Jodi Peake, Vice President,
Public & Investor Relations, (416) 815-0220, Email: investor@yamana.com,
Website: www.yamana.com; or Meridian Gold Inc., Krista Muhr, Sr. Manager,
Investor Relations, 1-800-572-4519, Email: krista.muhr@meridiangold.com

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