Company Information for Minera Andes Inc

OTCBB-MNEAF; TSX.V-MAI

www.minandes.com

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Company Statement

Minera Andes' San Jose high-grade silver/gold mine in southern Argentina began production on schedule in June 2007. As integrated operations begin, the mine and its production plant are ramping up to the envisioned beginning annualized production rate of 3.1 million ounces of silver and 61,000 ounces of gold. Minera Andes receives 49 percent of the value of San Jose's production, and our operating partner receives 51 percent.

Company Diagram

San Jose Project Production Plant Development, May '07

Current Operations

San Jose Project
Silver and gold production began in mid-2007 at Minera Andes' co-owned San Jose mine in southern Argentina. The vein-hosted deposit is relatively high grade at about one-half ounce of gold equivalent per ton of ore.

San Jose is located in northwestern Santa Cruz province, in a part of Argentina that is revealing itself to be a new mineral frontier. The 99,000-acre San Jose project area has the potential to evolve into a mining district -- that is, an area that hosts multiple mines. A resource drilling and discovery program located new silver and gold resources in 2007, and later in the year, an even larger drilling program of 40,000 meters was begun and plans moved forward to eventually expand production at the San Jose mine.

Currently, about 40 kilometers of vein strike length are known, of which only about 15 percent have been drilled-tested, and less than 10 percent account for an ore reserve base supporting the San Jose mine. The area is highly prospective. The discovery by Minera Andes ' geologists of San Jose is a good example of how investor value is created by specialized technical skills and business knowledge.

Los Azules Copper Project
Minera Andes was founded as an exploration company to search for and discover copper, gold and silver in Argentina. It has been successful in making new discoveries in all three metals.

One of the more interesting discoveries is the Los Azules copper prospect. Ongoing exploration suggests Los Azules, located in San Juan province about 30 kilometers from the Chilean border in the Andes, is evolving into a sizeable discovery. A scoping study and economic analysis is underway at Los Azules now as part of a definitive option agreement between Minera Andes and Xstrata Copper, one of the commodity business units within Xstrata plc. The option agreement consolidates into one package adjoining properties that straddle a large copper porphyry system.

The potential of Los Azules is suggested in successive exploration drilling programs in which significant high-grade copper mineralization has been discovered. For example, in 2006 an 11-hole drilling program returned intervals including 1.62 percent copper over 221 meters (about 725 feet) and one percent copper over 173 meters.

For the 2007-2008 field season, a 10,000-meter, 24-hole drilling program will further gauge Los Azules' potential.

Geographical Spread

Argentina

Board of Directors and Key Management

Allen V. Ambrose	President, Chairman of the Board
Brian Gavin	Vice President, Exploration
Allan Marter, Director
Gary A. Craig	Director
A.D. (Darryl) Drummond	Director
John Johnson Crabb	Director
Bonnie L. Kuhn	Secretary and Director
Henry John	Chief Financial Officer

Company Address

111 E. Magnesium Road
Suite A
Spokane, United States 99208


Telephone:	(509) 921-7322
Facsimile:	(509) 921-7325
Email:	info[at]minandes.com
Website:	http://www.minandes.com

Additional Address/Key Contact

Art Johnson
Investor Relations
111 East Magnesium Road; Ste. A
Spokane, WA USA 99208
(509) 921-7322
(509) 921-7325 (fax)
E-mail: info@minandes.com

Capital

As of Apr 30, 2008
unlimited 188,900,000
Fully diluted 223,000,000

Annual General Meeting

June

Year End

December 31

Major Shareholders

Robert McEwen	approx. 30%
Sprott Natural Resource Fund (Canada)	approx. 10%
Other institutions as a group	approx. 20%
Management	approx. 5%
N.A. Degerstrom Inc.	approx. 4%

Most Recent Statement

15/08/08 - Minera Andes Reports Net Income For Second Quarter Of $0.05 Per Share
12/08/08 - Minera Andes Reports San Jose Production Cash Costs At $322/Oz Gold And $6.16/Oz Silver
06/08/08 - Minera Andes Adds Rob Mcewen And Other Mining Industry Executives To Its Board Of Directors
30/07/08 - Minera Andes Announces Second Quarter Gold/Silver Sales At The San Jose Mine Reaches $63.7 Million
29/07/08 - Minera Andes Welcomes Lundin Group Mining Executive To Board
27/06/08 - Minera Andes Exploration program increases the size of the Los Azules porphyry copper target

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