Teck Cominco Limited

Teck Cominco Limited

June 29, 2006 11:35 ET

Teck Cominco Celebrates Inaugural Trading on the New York Stock Exchange June 29

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 29, 2006) - Teck Cominco Limited announced today that the company's Class B subordinate voting shares have begun trading on the New York Stock Exchange under the ticker symbol "TCK."

To mark the occasion, President and Chief Executive Officer Don Lindsay rang the opening bell at the NYSE. "Today is an important day in Teck Cominco's long and rich history that spans 100 years of mining excellence," he said.

Teck Cominco's Class A and Class B subordinate voting shares, listed on the Toronto Stock Exchange under the symbols TEK.A and TEK.B, will continue to trade on that exchange under the new symbols TCK.A and TCK.B respectively.


Don Lindsay will be speaking today at a luncheon in New York. His comments will be webcast (link) scheduled to commence at about 12:30pm EDT or 9:30am PDT. Media and analysts are invited to view the webcast. The link is shown below.


About Teck Cominco

Teck Cominco is a diversified mining company, headquartered in Vancouver, Canada. The company is a world leader in the production of zinc and metallurgical coal and is also a significant producer of copper, gold, indium and other specialty metals. Shares trade on the Toronto Stock Exchange under the symbols TCK.A and TCK.B and the New York Stock Exchange under the symbol TCK. Further information can be found at www.teckcominco.com.

Forward-Looking Statements

This press release contains certain 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 the Ontario Securities Act. Forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variation of such words and phrases or state that certain actions, events or results "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Teck Cominco to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These forward-looking statements include statements as to management's expectations concerning the effect of the listing of the company's shares on the New York Stock Exchange. These forward-looking statements involve numerous assumptions, risks and uncertainties and actual results may vary materially.

These statements are based on a number of assumptions, including, among others, assumptions regarding the level of trading in the company's shares on the New York Stock Exchange. The foregoing list of assumptions is not exhaustive. Events or circumstances could cause actual results to differ materially.

Factors that may cause actual results to vary include, but are not limited to: changes in general economic conditions or conditions in the financial markets and other risk factors related to the mining and metals industry generally.

Certain of these risks are described in more detail in the annual information form of the company and in its public filings with the SEC and Canadian securities authorities. The company does not assume the obligation to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events, except as may be required under applicable securities laws.

NOTE TO PHOTO EDITORS: A photo accompanying this release is available on the CNW Photo Network and archived at http://photos.newswire.ca. Additional archived images are also available on the CNW Photo Archive website at http://photos.newswire.ca. Images are free to accredited members of the media.

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