Tahoe Announces Recommendations From ISS Group in Support of Matters to Be Considered at Annual Meeting and Announces Amended Rights Plan

Tahoe Resources Inc. announced that Institutional Shareholder Services (“ISS”, formerly RiskMetrics) has recommended that its clients vote in favor of all resolutions to be considered at the annual meeting (the “Meeting”) of the Company to be held on May 2, 2011 including the resolution to approve the Company’s Shareholder Rights Plan. ISS is recognized as one of the leading independent proxy voting and corporate governance advisory firms. Its analyses and recommendations are relied upon by many major institutional investment firms, mutual funds and fiduciaries throughout North America.

The Company initially adopted a Shareholder Rights Plan effective March 3, 2011 (the “Initial Rights Plan”). Based on comments received from ISS, the Company has made certain non-material, technical amendments to the Initial Rights Plan and as a result has adopted an amended Shareholder Rights Plan effective April 1, 2011 (the “Amended Rights Plan”). A copy of the Amended Rights Plan is available on SEDAR at www.sedar.com, and a blackline copy of the Amended Rights Plan, showing the changes made to the Initial Rights Plan, is available on Tahoe’s website at www.tahoeresourcesinc.com. At the Meeting, shareholders will be asked to consider and vote upon, among other things, a resolution to approve the Amended Rights Plan, which has replaced the Initial Rights Plan.

The Amended Rights Plan has not been instituted in response to any proposal to acquire control of Tahoe, nor is Tahoe aware of any such proposals.