TSXgroup

February 1, 2008

Excellon Resources Inc. (the "Company") - An application has been granted for the original listing in the Mining category of 167,157,022 common shares of which 150,733,657 common shares are issued and outstanding and 16,423,365 common shares are reserved for issuance.

The common shares of the Company will be listed and posted for trading at the opening on Monday, February 4, 2008.

The Company is subject to the reporting requirements of Section 501 of the TSX Company Manual.

Stock Symbol: "EXN"
CUSIP: 30069C 10 8
Trading Currency: CDN

Designated Market Maker: Canaccord Capital Corporation

Other Markets: The common shares of the Company have been listed for trading on TSX Venture Exchange ("TSXVN") under the stock symbol: EXN since March 23, 1990. The common shares will be delisted from TSXVN on February 4, 2008 upon commencement of trading on TSX.

Head Office Address: Suite 900
20 Victoria Street
Toronto, Ontario M5C 2N8

Email Address: info@excellonresources.com

Website: www.excellonresources.com

Telephone Number: (416) 364-1130

Fax Number: (416) 364-6745

Investor Relations: Annemarie Brissenden
Manager, Corporate Communications
Tel: (416) 364-1130
Email: abrissenden@excellonresources.com

Chief Financial Officer: Jeffrey Hills

Corporate Secretary: Lawrence Talbot

Incorporation: The Company was incorporated under the Company Act (British Columbia) on March 4, 1987 under the name "Excellon Resources Inc." On December 3, 2004, the Company transitioned under the Business Corporation Act (B.C.) and is now governed by that statute.

Fiscal Year End: July 31

Nature of Business: The Company presently holds, or has a right to acquire, an interest in a group of properties referred to as the Platosa/Saltillera properties, which are located in Durango State, north-central Mexico (the "Property").

The Company is currently carrying out a test mining operation on the identified high-grade silver-zinc-lead mineralization on the Property, while concurrently carrying out an extensive regional exploration program designed to identify the main carbonate replacement deposit believed to be a source of mineralization identified to date.

Transfer Agent & Registrar: Computershare Investor Services Inc. at its principal offices in Toronto and Vancouver.

Dividends: The Company does not anticipate paying dividends in the foreseeable future.