Silver Wheaton Files Form 40-F

VANCOUVER, March 30, 2011 - Silver Wheaton Corp. ("Silver Wheaton" or the "Company") (TSX, NYSE: SLW)
announces that its Form 40-F report has been filed with the Securities and
Exchange Commission and is available on EDGAR. The Company's 2010 audited
financial statements, along with its Form 40-F, are also available on the
Company's website at www.silverwheaton.com.

Shareholders may also receive a copy of Silver Wheaton's audited
financial statements, without charge, upon request to Silver Wheaton's
Investor Relations Department, Suite 3150, 666 Burrard St., Vancouver,
British Columbia, Canada V6C 2X8 or to info@silverwheaton.com.

Annual General Meeting of Shareholders

Silver Wheaton will hold the Annual General Meeting of Shareholders in
the West Meeting Room of the Vancouver Convention Centre, 1055 Canada Place,
Vancouver, British Columbia, Canada, on May 20, 2011, at 11:00 a.m. Pacific
Time.

A live audio webcast of the Annual General Meeting of Shareholders will
be available at www.silverwheaton.com and will also be archived for
later access.

About Silver Wheaton

Silver Wheaton is the largest silver streaming company in the world.
Based upon its current agreements, forecast 2011 attributable production is
27 to 28 million silver equivalent ounces, including 15,000 ounces of gold.
By 2015, annual attributable production is anticipated to increase
significantly to approximately 43 million silver equivalent ounces, including
35,000 ounces of gold. This growth is driven by the Company's portfolio of
world-class assets, including silver streams on Goldcorp's Penasquito mine
and Barrick's Pascua-Lama project.

CAUTIONARY NOTE REGARDING FORWARD LOOKING-STATEMENTS

The information contained herein contains "forward-looking statements"
within the meaning of the United States Private Securities Litigation Reform
Act of 1995 and "forward-looking information" within the meaning of
applicable Canadian securities legislation. Forward-looking statements,
which are allstatements other than statements of
historical fact, include, but are not limited to, statements
with respect to the future price of silver and gold,
the estimation of mineral reserves and resources, the realization of mineral
reserve estimates, the timing and amount of estimated future production,
costs of production, reserve determination, reserve conversion rates and
statements as to any future dividends. Generally, these forward-looking
statements can be identified by the use of forward-looking terminology such
as "plans", "expects" or "does not expect", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not
anticipate", or "believes", or variations of such words and phrases or
statements that certain actions, events or results "may", "could", "would",
"might" or "will be taken", "occur" or "be achieved". Forward-looking
statements are subject to known and unknown risks, uncertainties and other
factors that may cause the actual results, level of activity, performance or
achievements of Silver Wheaton to be materially different from those
expressed or implied by such forward-looking statements, including but not
limited to: fluctuations in the price of silver and gold; the absence of
control over mining operations from which Silver Wheaton purchases silver or
gold and risks related to these mining operations including risks related to
fluctuations in the price of the primary commodities mined at such
operations, actual results of mining and exploration activities, economic and
political risks of the jurisdictions in which the mining operations are
located and changes in project parameters as plans continue to be refined;
and differences in the interpretation or application of tax laws and
regulations; as well as those factors discussed in the section entitled
"Description of the Business - Risk Factors" in Silver Wheaton's Annual
Information Form available on SEDAR at www.sedar.com and in Silver
Wheaton's Form 40-F on file with the U.S. Securities and Exchange Commission
in Washington, D.C. Forward-looking statements are based on assumptions
management believes to be reasonable, including but not limited to: the
continued operation of the mining operations from which Silver Wheaton
purchases silver or gold, no material adverse change in the market price of
commodities, that the mining operations will operate and the mining projects
will be completed in accordance with their public statements and achieve
their stated production outcomes, and such other assumptions and factors as
set out herein. Although Silver Wheaton has attempted to identify important
factors that could cause actual results to differ materially from those
contained in forward-looking statements, there may be other factors that
cause results not to be as anticipated, estimated or intended. There can be
no assurance that forward-looking statements will prove to be accurate.
Accordingly, readers should not place undue reliance on forward-looking
statements. Silver Wheaton does not undertake to update any forward-looking
statements that are included or incorporated by reference herein, except in
accordance with applicable securities laws.

    For further information:

    Brad Kopp
    Vice President, Investor Relations
    Silver Wheaton Corp.
    Tel: +1-800-380-8687
    Email: info@silverwheaton.com
    Website: www.silverwheaton.com

(SLW. SLW)

Brad Kopp, Vice President, Investor Relations, Silver Wheaton Corp., Tel: +1-800-380-8687, Email: info at silverwheaton.com