Robert Friedland, Executive
Chairman of Ivanhoe Mines, and John Macken, President and Chief Executive
Officer, today announced the appointment of Michael Gordon, former Executive
Vice President of Anglo American Plc, and Dan Westbrook, former President, BP
China Gas, Power & Upstream, to the Ivanhoe Mines Board of Directors. Both
directors will serve as non-executive, independent members of the board.

“We welcome the addition
of the new, independent board members,” Friedland said. “We have
worked closely with Rio Tinto for several months to identify very talented
candidates, each of whom will bring unique industry, regulatory and financing
skills to our board. I look forward to their contributions as our companies
continue working together to build the world-scale Oyu Tolgoi copper and gold
mine.”

Gordon and Westbrook were
nominated by Rio Tinto and will occupy the two vacant seats on Ivanhoe”s board,
increasing the present number of Rio Tinto appointees to the Ivanhoe board to
three. Tracy Stevenson, the third Rio Tinto appointee, became an independent
Ivanhoe director on June 1, 2010.