Pan American Silver changes Board of Directors

Pan American Silver Corp. announced the retirement of John Willson from the Board of Directors of the Company effective at the Company’s upcoming annual general meeting on May 13, 2008. David Press, a mining engineer with over 38 years of mining experience, will be nominated to fill the vacancy on the Board created by Mr. Willson’s retirement.

Ross Beaty, Chairman of the Board said, John has been an outstanding member of our Board since he joined in 2002. His strategic thinking, his technical oversight of our development projects and his commitment to health and safety contributed greatly to Pan American’s success. His most notable legacy will be our vastly improved safety record, something that John clearly demonstrated a passion for. We will miss his dedication and leadership.

Geoff Burns, President and CEO, said, I would like to thank John for his many contributions and especially for personally sharing with me his many experiences and insights into stewarding a successful, sustainable mining company. On behalf of the entire team at Pan American Silver, I would like to express our sincere gratitude and wish John all the best in the future.