Silver Wheaton Reports 9% Increase in Attributable Reserves, Marking Sixth Consecutive Annual Increase

By Silver Wheaton Corp., PRNE
Tuesday, March 22, 2011

VANCOUVER, March 23, 2011 - Silver Wheaton Corp. ("Silver Wheaton" or the "Company") (TSX, NYSE:SLW)
is pleased to announce that attributable proven and probable reserves
increased by over nine percent in 2010, as a result of an increase of 80
million ounces of silver and 23,000 ounces of gold, to a record 954 million
silver equivalent ounces1. Over the same period, attributable measured and
indicated resources increased by one percent, as a result of an increase of
four million ounces of silver and 22,000 ounces of gold, to 377 million
silver equivalent ounces. Attributable inferred resources increased by 22%,
as a result of an increase of 89 million ounces of silver, to 497 million
silver equivalent ounces.

Silver Wheaton's increase in 2010 attributable reserves was a combination
of acquisition and organic growth. The Company acquired 100% of the life of
mine silver and gold production from Augusta Resource Corporation's Rosemont
Copper Project located in Arizona, which increased attributable reserves by
approximately 7%. In addition, continued exploration success at the mines
from which Silver Wheaton purchases its silver led to another year of strong
organic reserve growth, more than replacing reserves mined during the year.

The table below summarizes the growth in attributable silver reserves
year over year. Year end reserve and resource updates for the Cozamin, Campo
Morado
and Aljustrel mines are forthcoming and have not been included in this
calculation.

    Proven and probable silver reserves as of Dec. 31, 2009          861.8Moz
    Net acquisitions during 2010                                      62.9Moz
    Mined ounces during 2010 (includes silver lost to process)      (50.6)Moz
    Organic reserve growth during 2010                                67.9Moz
    Proven and probable silver reserves as of Dec. 31, 2010          942.0Moz
    Proven and probable gold reserves as of Dec. 31, 2010              248koz
    Total proven and probable silver eq. reserves as of Dec. 31,
    2010(1)                                                          954.4Moz

"We are very proud to announce our sixth consecutive year of strong
attributable silver reserve and resource growth," said Peter Barnes, Chief
Executive Officer of Silver Wheaton. "More importantly, on a per share basis,
attributable silver reserves have increased in every year since the company's
inception in 2004, growing at an annualized rate of 36%, and resulting in the
creation of significant shareholder value."

"With silver stream agreements relating to 16 operating mines and three
development stage assets around the globe, Silver Wheaton now has more silver
reserves and resources than any other silver company in the world. In
addition to completing accretive acquisitions, consistent strong organic
reserve growth from the mines underlying our agreements has resulted in
Silver Wheaton having one of the highest-quality reserve and resource bases
in the precious metals industry. Our core assets continue to replace reserves
mined each year, a testament to the very high-quality, long-term
sustainability of these mines."

(1) A gold/silver ratio of 50:1 was used to calculate silver equivalent
ounces

           Silver Wheaton's Attributable Reserves and Resources as of
                              December 31, 2010

    ATTRIBUTABLE PROVEN AND PROBABLE RESERVES (1,2,3,8,15,16)
    AS OF DECEMBER 31, 2010 UNLESS OTHERWISE NOTED(6)

                               Proven                 Probable
                       Tonnage Grade Contained Tonnage Grade Contained
    SILVER                  Mt   g/t      M oz      Mt   g/t      M oz
    Penasquito (25%)
                  Mill   180.0  27.0     156.4   175.4  19.6     110.8
            Heap Leach     4.7  20.1       3.0    12.3  15.5       6.1
    San Dimas(10)          2.1 364.0      24.8     3.8 314.7      38.1
    Pascua-Lama (25%)      9.8  58.9      18.6    86.3  53.8     149.2
    Lagunas Norte(11)      4.7   4.5       0.7    55.3   3.7       6.6
    Pierina(11)           18.8  12.7       7.7    11.6  12.6       4.7
    Veladero(11)           5.3  13.3       2.3    86.8  15.0      42.0
    Yauliyacu(12)          1.2  98.6       3.8     2.1 128.8       8.8
    Neves-Corvo
                Copper    21.2  43.0      29.3     2.1  48.0       3.2
                  Zinc    34.3  63.9      70.5     8.2  56.0      14.8
    Rosemont(13)         128.8   4.5      18.5   366.8   3.8      44.5
    Mineral Park(13)     302.6   2.7      26.4    76.7   2.9       7.2
    Zinkgruvan
                  Zinc     8.3 105.0      28.1     2.7  63.0       5.4
                Copper     2.8  32.0       2.9     0.1  29.0       0.1
    Aljustrel
                  Zinc       -     -         -    13.1  62.9      26.6
                Copper       -     -         -     1.7  14.6       0.8
    Campo Morado (75%)     0.4 273.7       3.5     1.1 186.6       6.4
    Stratoni               1.7 174.0       9.3     0.1 225.0       0.7
    Minto                  7.8   5.4       1.3     5.1   4.9       0.8
    Cozamin
                Copper     1.6  76.3       4.0     5.9  59.0      11.3
                  Zinc       -     -         -     1.9  37.2       2.2
    Los Filos(14)         62.7   4.4       8.9   185.9   5.4      32.1

    Total Silver                         419.7                   522.3
    GOLD
    Minto                  7.8  0.63      0.16     5.1  0.54      0.09
    Total Gold                            0.16                    0.09

    (table continued)

                         Proven & Probable
                            Tonnage Grade Contained  Process
                                                     Recovery
    SILVER                        Mt   g/t      M oz    % (7)
    Penasquito (25%)
                  Mill         355.4  23.4     267.2      70%
            Heap Leach          17.0  16.8       9.1      26%
    San Dimas(10)                5.9 332.5      62.9      94%
    Pascua-Lama (25%)           96.1  54.3     167.9      82%
    Lagunas Norte(11)           60.0   3.8       7.3      21%
    Pierina(11)                 30.4  12.7      12.4      37%
    Veladero(11)                92.1  14.9      44.3       6%
    Yauliyacu(12)                3.3 118.0      12.6      86%
    Neves-Corvo
          Copper                23.2  43.4      32.5      35%
          Zinc                  42.6  62.4      85.3      23%
    Rosemont(13)               495.6   3.9      62.9      80%
    Mineral Park(13)           379.3   2.8      33.6      49%
    Zinkgruvan
          Zinc                  11.0  94.8      33.4      70%
          Copper                 2.9  31.9       2.9      78%
    Aljustrel
          Zinc                  13.1  62.9      26.6      37%
          Copper                 1.7  14.6       0.8      30%
    Campo Morado (75%)           1.5 210.0       9.9      55%
    Stratoni                     1.8 177.0      10.0      88%
    Minto                       12.9   5.2       2.1      81%
    Cozamin
          Copper                 7.5  62.7      15.2      74%
          Zinc                   1.9  37.2       2.2      74%
    Los Filos(14)              248.6   5.1      41.0       5%
      Total Silver                             942.0
    GOLD
    Minto                       12.9  0.60      0.25      74%
    Total Gold                                  0.25

    ATTRIBUTABLE MEASURED & INDICATED RESOURCES (1,2,3,4,5,9,15,16)
    AS OF DECEMBER 31, 2010 UNLESS OTHERWISE NOTED(6)

                                   Measured                Indicated
                            Tonnage Grade Contained Tonnage Grade Contained
    SILVER                       Mt   g/t      M oz      Mt   g/t      M oz
    Penasquito (25%)
                       Mill     8.1  23.5       6.1    62.1  30.8      61.5
                 Heap Leach     0.1  11.1      0.02     1.0  15.8       0.5
    Pascua-Lama (25%)           4.5  25.5       3.7    48.0  24.4      37.7
    Yauliyacu(12)               0.2 150.1       1.0     4.3 152.4      20.9
    Neves-Corvo
                     Copper    16.7  55.9      30.1     1.9  55.7       3.4
                       Zinc    25.2  53.1      43.0     6.1  45.4       8.8
    Rosemont(13)                7.2   3.9       0.9   103.0   2.7       8.8
    Mineral Park(13)          101.0   2.6       8.4   175.6   2.7      15.2
    Zinkgruvan
                       Zinc     1.6  82.8       4.4     2.8 113.0      10.0
                     Copper     1.4  26.2       1.2     0.2  25.4       0.1
    Aljustrel
                       Zinc     5.5  50.5       9.0     7.8  56.0      14.0
                     Copper     0.9  24.1       0.7     3.7  13.3       1.6
    Campo Morado (75%)         0.04  58.0       0.1     3.8 164.2      19.9
    Loma de La Plata              -     -         -     3.6 169.0      19.8
    (12.5%)
    Minto                       5.4   3.8       0.6    19.2   2.9       1.8
    Cozamin
                     Copper     0.6  81.5       1.5     1.0  54.9       1.8
    Keno Hill (25%)
                Underground       -     -         -     0.1 920.5       3.0
              Elsa Tailings       -     -         -     0.6 119.0       2.4
    Los Filos(14)              13.0   4.0       1.7   125.1   5.4      21.9

    Total Silver                              112.3                   253.0
    GOLD
    Minto                       5.4  0.47      0.08    19.2  0.24      0.15
    Total Gold                                 0.08                    0.15

    (table continued)

                                    Measured & Indicated
                                   Tonnage   Grade Contained
    SILVER                              Mt     g/t      M oz
    Penasquito (25%)
                        Mill          70.2    30.0      67.6
                  Heap Leach           1.0    15.6       0.5
    Pascua-Lama (25%)                 52.5    24.5      41.4
    Yauliyacu(12)                      4.5   152.3      21.8
    Neves-Corvo
                      Copper          18.6    55.9      33.5
                        Zinc          31.3    51.6      51.8
    Rosemont(13)                     110.2     2.7       9.7
    Mineral Park(13)                 276.6     2.7      23.6
    Zinkgruvan
                        Zinc           4.4   101.7      14.4
                      Copper           1.6    26.1       1.3
    Aljustrel
                        Zinc          13.3    53.7      23.0
                      Copper           4.6    15.5       2.3
    Campo Morado (75%)                 3.8   163.2      20.0
    Loma de La Plata (12.5%)           3.6   169.0      19.8
    Minto                             24.6     3.1       2.4
    Cozamin
                      Copper           1.6    64.3       3.3
    Keno Hill (25%)
                 Underground           0.1   920.5       3.0
               Elsa Tailings           0.6   119.0       2.4
    Los Filos(14)                    138.1     5.3      23.5

    Total Silver                                       365.3
    GOLD
    Minto                             24.6    0.29      0.23
    Total Gold                                          0.23

    ATTRIBUTABLE INFERRED RESOURCES (1,2,3,4,5,9,15,16)
    AS OF DECEMBER 31, 2010 UNLESS OTHERWISE NOTED (6)

                                    Inferred
                             Tonnage   Grade Contained
    SILVER                        Mt     g/t      M oz
    Penasquito (25%)
                        Mill    10.2    30.8      10.1
                  Heap Leach     0.4    14.5       0.2
    San Dimas(10)               16.9   329.8     178.7
    Pascua-Lama (25%)            7.3    15.6       3.7
    Yauliyacu(12)               16.8   176.6      95.1
    Neves-Corvo
                      Copper    26.3    41.0      34.7
                        Zinc    26.8    52.8      45.5
    Rosemont(13)               163.0     2.1      11.2
    Mineral Park(13)           320.1     2.3      23.9
    Zinkgruvan
                        Zinc     5.1    70.0      11.5
                      Copper     1.0    33.0       1.0
    Aljustrel
                        Zinc    10.6    48.6      16.6
                      Copper     2.2    11.7       0.8
    Campo Morado (75%)           1.1   177.8       6.1
    Stratoni                     0.7   217.0       4.7
    Loma de La Plata (12.5%)     0.2    76.0       0.4
    Minto                        6.0     2.8       0.5
    Cozamin
                      Copper     2.4    52.6       4.0
                        Zinc     1.7    30.1       1.6
    Keno Hill (25%)
                 Underground    0.03   320.2       0.3
    Los Filos(14)              224.4     6.0      43.6

    TOTAL SILVER                                 494.3
    GOLD
    Minto                        6.0    0.25      0.05
    TOTAL GOLD                                    0.05

    Notes:

    1.  All Mineral Reserves and Mineral Resources have been calculated in
        accordance with the CIM Standards and NI 43-101, or the AusIMM JORC
        equivalent.
    2.  Mineral Reserves and Mineral Resources are reported above in millions
        of metric tonnes ("Mt"), grams per metric tonne ("g/t") and millions
        of ounces ("Moz").
    3.  Individual qualified persons ("QPs"), as defined by the NI 43-101,
        for the Mineral Reserve and Mineral Resource estimates are as
        follows:
        a.          Penasquito - Guillermo Pareja, Ph.D., P.Geo. (Manager,
                    Mineral Resources), Peter Nahan, P.Eng. (Senior Evaluation
                    Engineer), both employees of Goldcorp Inc.
        b.          San Dimas -Velasquez Spring, P.Eng. (Senior Geologist,
                    Watts, Griffis and McOuat Limited)
        c.          Pascua-Lama - Dino Pilotto, P.Eng. (Principal Mining
                    Consultant, SRK Consulting (Canada) Inc.); Bart A.
                    Stryhas, Ph.D., CPG (Principal Resource Geologist, SRK
                    Consulting (U.S.) Inc.)
        d.          Yauliyacu - Neil Burns, M.Sc., P.Geo. (Director of
                    Geology, Silver Wheaton); Samuel Mah, M.A.Sc., P.Eng.
                    (Director of Engineering, Silver Wheaton), both employees
                    of the Company (the "Company's QPs")
        The Company's QPs are responsible for overall corporate review and
        all other operations and development projects.
    4.  The Mineral Resources reported in the above tables are exclusive of
        Mineral Reserves. The Minto, Cozamin, Neves-Corvo, Zinkgruvan and
        Aljustrel mines report Mineral Resources inclusive of Mineral
        Reserves. The Company's QPs have made the exclusive Mineral Resource
        estimates for these mines based on average mine recoveries and
        dilution.
    5.  Mineral Resources which are not Mineral Reserves do not have
        demonstrated economic viability.
    6.  Mineral Reserves and Mineral Resources are reported as of December
        31, 2010, other than the following:
        a.          Resources and Reserves for Yauliyacu are reported as of
                    July 31, 2010.
        b.          Resources and Reserves for Neves-Corvo and Zinkgruvan are
                    reported as of June 30, 2010.
        c.          Resources for Rosemont are reported as of October 22, 2008
                    and Reserves as of March 17, 2009.
        d.          Resources for Mineral Park are reported as of December 29,
                    2006.
        e.          Resources and Reserves for Aljustrel are reported as of
                    December 31, 2007.
        f.          Resources for Campo Morado's El Largo, El Rey, Naranjo and
                    Reforma deposits are reported as of February 29, 2008,
                    Reserves and Resources for the G-9 deposit as of December
                    31, 2009.
        g.          Resources and Reserves for Stratoni are reported as of
                    August 10, 2010.
        h.          Resources and Reserves for Cozamin are reported as of
                    December 31, 2009.
        i.          Resources for Keno Hill are reported as of November 9,
                    2009 and April 22, 2010 for the Elsa Tailings.
    7.  Process recoveries are the average percentage of silver in a saleable
        product (dore or concentrate) recovered from mined ore at the
        applicable site process plants as reported by the operators.
    8.  Mineral Reserves are estimated using appropriate process recovery
        rates and commodity prices of $15.00 per ounce of silver, unless
        otherwise noted below:
        a.          Pascua-Lama, Lagunas Norte, Veladero and Pierina - $16.00
                    per ounce.
        b.          Yauliyacu - $18.50 per ounce.
        c.          Neves-Corvo - 1.6% Cu cut-off for the copper Reserve and
                    4.3% Zn cut-off for the zinc Reserves above the 550 level
                    and 6% Zn cut-off for zinc Reserves below the 550 level.
        d.          Rosemont -$10.00 per ounce.
        e.          Mineral Park - $7.50 per ounce.
        f.          Zinkgruvan - 3.1% Zn equivalent cut-off for the zinc
                    Reserve and 2.0% Cu cut-off for the copper Reserve
        g.          Aljustrel - 1.5% Cu cut-off for all copper Reserves and
                    zinc cut-offs of 4.5%, 4.0% and 4.0%, respectively, for
                    the Feitais, Moinho and Estacao zinc Reserves.
        h.          Campo Morado - 3.0% Zn cut-off for the Abajo, West
                    Extension and South East zones and 5% Zn cut-off for the
                    North zone.
        i.          Minto - $3.90 per ounce silver and $300 per ounce gold.
        j.          Cozamin - $4.00 per ounce.
    9.  Mineral Resources are estimated using appropriate recovery rates and
        commodity prices of $17.00 per ounce of silver, unless otherwise
        noted below:
        a.          Yauliyacu - $18.50 per ounce.
        b.          Neves-Corvo - 1.0% Cu cut-off for the copper Resource and
                    3.0% Zn cut-off for the zinc Resource.
        c.          Rosemont - 0.2% Cu cut-off.
        d.          Zinkgruvan - 3.1% Zn equivalent cut-off for the zinc
                    Resource and 1.5% Cu cut-off for the copper Resource.
        e.          Mineral Park - $7.50 per ounce.
        f.          Aljustrel - 1.5% Cu cut-off for all copper Resources and
                    zinc cut-offs of 4.5%, 4.0% and 4.0%, respectively, for
                    the Feitais, Moinho and Estacao zinc Resources.
        g.          Campo Morado - 3.0% Zn only cut-off grade for the G-9
                    zones and 5% Zn cut-off for the South West zone and El
                    Largo, El Rey, Naranjo and Reforma deposits.
        h.          Loma de La Plata - $12.50 per ounce
        i.          Minto - $12.00 per ounce silver and $900 per ounce gold.
        j.          Cozamin - 1.15% Cu cut-off for San Roberto Area and 3.0%
                    Zn cut-off for San Rafael Area.
        k.          Keno Hill - $15.25 per ounce for the Southwest and 99
                    Zones, $14.50 per ounce for the East Zone and $17.00 per
                    ounce for the Elsa Tailings.
    10. The San Dimas purchase agreement provides that from August 6, 2010
        until August 5, 2014, Primero Mining Corp. ("Primero") will deliver
        to the Company a per annum amount equal to the first 3.5 million
        ounces of payable silver produced at San Dimas and 50% of any excess,
        plus the Company will receive an additional 1.5 million ounces of
        silver per annum to be delivered by Goldcorp. Beginning August 6,
        2014, Primero will deliver to the Company a per annum amount equal to
        the first 6.0 million ounces of payable silver produced at San Dimas
        and 50% of any excess, for the life of the mine.
    11. The Company's attributable tonnage at Lagunas Norte, Pierina and
        Veladero was estimated by assuming 2010 production levels for the
        remaining three years. This tonnage was pro-rated between Proven and
        Probable Mineral Reserves according to the ratio of the December 31,
        2010 Proven and Probable Mineral Reserves as published by Barrick
        Gold Corporation ("Barrick"), applying average reserve grades.
    12. The Company's Yauliyacu purchase agreement (March 2006) with Glencore
        International AG provides for the delivery of up to 4.75 million
        ounces of silver per year for 20 years. In the event that silver
        produced at Yauliyacu in any year totals less than 4.75 million
        ounces, the maximum amount to be sold to the Company in subsequent
        years will be increased to make up the shortfall, so long as
        production allows. Depending upon mine production levels, it is
        possible that these attributable Resources and Reserves may not be
        completely mined before the agreement expires.
    13. The Mineral Park and Rosemont Resources and Reserves do not include
        the SX/EW leach material since this process does not recover silver.
    14. Los Filos Resources and Reserves now include the Bermejal deposit.
    15. The Company has filed a technical report for each of its mineral
        projects considered to be material to the Company, being San Dimas,
        Yauliyacu, Penasquito and Pascua-Lama, which are available on SEDAR
        at www.sedar.com.
    16. Silver is produced as a by-product metal at all operations with the
        exception of Keno Hill and the Loma de La Plata project; therefore,
        the economic cut-off applied to the reporting of silver Resources and
        Reserves will be influenced by changes in the commodity prices of
        other metals at the time.

CAUTIONARY LANGUAGE REGARDING RESERVES AND RESOURCES
For further information on Mineral Reserves and Mineral Resources and on
Silver Wheaton more generally, readers should refer to Silver Wheaton's
Annual Information Form for the year ended December 31, 2009, and other
continuous disclosure documents filed by Silver Wheaton since January 1,
2010
, available on SEDAR at www.sedar.com. Silver Wheaton's Mineral
Reserves and Mineral Resources are subject to the qualifications and notes
set forth therein. Mineral Resources which are not Mineral Reserves do not
have demonstrated economic viability.

Cautionary Note to United States Investors Concerning Estimates of
Measured, Indicated and Inferred Mineral Resources: The information contained
herein uses the terms "Measured", "Indicated" and "Inferred" Mineral
Resources. United States investors are advised that while such terms are
recognized and required by Canadian regulations, the United States Securities
and Exchange Commission does not recognize them and expressly prohibits U.S.
registered companies from including such terms in their filings with the SEC.
"Inferred Mineral Resources" have a great amount of uncertainty as to their
existence, and as to their economic and legal feasibility. It cannot be
assumed that all or any part of an Inferred Mineral Resource will ever be
upgraded to a higher category. Under Canadian rules, estimates of Inferred
Mineral Resources may not form the basis of feasibility or other economic
studies. United States investors are cautioned not to assume that all or any
part of Measured or Indicated Mineral Resources will ever be converted into
Mineral Reserves. United States investors are also cautioned not to assume
that all or any part of an Inferred Mineral Resource exists, or is
economically or legally mineable. United States investors are urged to
consider closely the disclosure in Silver Wheaton's Form 40-F, a copy of
which may be obtained from Silver Wheaton or from
www.sec.gov/edgar.shtml.

Mr. Randy V.J. Smallwood, P.Eng., President of Silver Wheaton, is a
"qualified person" as such term is defined under National Instrument 43-101,
and has reviewed and approved the contents of this news release.

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 all
statements 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

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

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