By: John Dourekas

Montreal - May 14, 2010

It has come to our attention that a long-decommissioned and inactive Kitco Metals webpage has been referred to by certain non-mainstream Internet media. The page was used as evidence to support a rumor that Germany might be leaving the European Union and reintroducing the former Deutschemark as its national currency once again.

Please note that this inactive Kitco webpage is at least eight years old. Any Internet-based conjecture regarding Germany leaving the EU is simply misleading.

Kitco prides itself on our reputation of delivering live current accurate and reliable quotes and charts for all precious metals and currencies. We are the most widely quoted source for precious metals information today and providing accurate information is our highest priority. We are pursuing an investigation into how, and why, such a long-archived sub-page of the site resurfaced and was used to propagate inaccurate information. We apologize for the inconvenience it may have caused and offer our assurances that we take this matter seriously.

We appreciate your understanding.

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For more information contact:

John Dourekas IT and Media Director

Kitco Metals Inc. Tel:(514) 670-1334