Goldcorp Inc.
TSX : G
NYSE : GG

Goldcorp Inc.

October 24, 2005 09:15 ET

Goldcorp Added to S&P/TSX 60 Index-Canadian Equivalent to the S&P 500

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 24, 2005) - Goldcorp Inc. (TSX:G)(NYSE:GG) is pleased to announce that it has been added to the S&P/TSX 60 and 60 Capped Indices, effective as of the market open today.

The S&P/TSX 60 index is a large cap index for Canada, the Canadian equivalent of the S&P 500.

Standard & Poor's is a provider of independent credit ratings, indices, risk evaluation, investment research, data and valuations. For more information, visit www.standardandpoors.com.

Goldcorp is the world's lowest cost and fastest growing million ounce gold producer. Gold production in 2005 is expected to exceed 1.1 million ounces at a cash cost of less than US$60 per ounce. By 2007, gold production is projected to increase by 40% to over 1.6 million ounces. The company has no debt and no hedging.


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