Robert M. Friedland

Executive Chairman

Robert Friedland is in the vanguard of North American natural-resource sector leaders who have pioneered business links in Greater China and the Asia Pacific region during the past 20 years. One of the mining industry's best-known international financiers, Mr. Friedland has been associated with resource development and technology ventures for 25 years.

As the founder and Executive Chairman of Ivanhoe Mines --- a Canadian public company whose shares trade on the New York, NASDAQ and Toronto exchanges --- Mr. Friedland has directed the assembly by Ivanhoe Mines of a portfolio of interests in several countries during the past 12 years. Ivanhoe's core asset is the 12-kilometre-long (7.5-mile) chain of copper-gold deposits discovered at Oyu Tolgoi in southern Mongolia. Oyu Tolgoi, within 80 kilometres of the Mongolia-China border, is the world's largest and highest-grade copper-gold mine development project.

Mr. Friedland was named the "2006 Mining Person of the Year" by Canada's Northern Miner, a leading industry publication, for his coup in gaining global mining leader Rio Tinto as a partner for Ivanhoe Mines in Mongolia. The Northern Miner said the partnership was "a defining moment in one of the world's biggest mineral-development success stories of the past decade." It described Mr. Friedland as "a dynamic force for a quarter-century in the minerals industry through a host of private and public-company vehicles."

Ivanhoe Mines and Rio Tinto formed a strategic partnership in 2006 to develop the Oyu Tolgoi mining complex. Rio Tinto paid US$303 million for an initial 9.9% stake in Ivanhoe, which Rio Tinto may increase to up to 46.6% through a total investment of US$2.3 billion within five years. Ivanhoe also has secured well in excess of US$1 billion in equity financings and a convertible credit facility since drilling its initial discovery hole at Oyu Tolgoi in mid-2001.

Further to the west in southern Mongolia, Ivanhoe's major coal discoveries at the Ovoot Tolgoi Project were transferred in 2007 to SouthGobi Energy Resources, now 81%-owned by Ivanhoe. Coal production is planned to begin in the third quarter of 2008 at the new Ovoot Tolgoi Mine, which is adjacent to the existing Nariin Sukhait Mine and within 45 kilometres of the Mongolia-China border. In northeastern Australia, Ivanhoe has discovered a series of related iron-oxide copper-gold systems, some with associated uranium, at its Cloncurry Project in the mineral-rich Mount Isa mining district. Ivanhoe also is exploring in China's Inner Mongolia region.

In March, 2005, Mr. Friedland signed a strategic-alliance agreement with Mitsui & Co. Ltd., one of Japan's leading trading companies, to jointly develop coal and copper-gold projects in Mongolia's South Gobi region and to deliver related transportation, electrical energy and other infrastructure services to support future development in the region. In 2004, Mr. Friedland completed memoranda of understanding with Jiangxi Copper Co. and China Non-Ferrous Metals Corporation to cooperate on copper developments in the Greater China region. In 2003, Mr. Friedland and China International Trust and Investment Corporation (CITIC) formally agreed to pursue international projects to help China meet its rapidly growing demand for metals and energy.

As Co-Chairman and controlling shareholder of Ivanhoe Nickel & Platinum Ltd. (Ivanplats), Mr. Friedland is closely involved with several mining projects in Africa and Australia, including a copper-cobalt discovery in the Democratic Republic of Congo and the development of a significant nickel-platinum-copper deposit on South Africa's Bushveld Complex.

In 1996, he was named Developer of the Year by the Prospectors' and Developers' Association of Canada for his work in establishing and financing companies engaged in mineral exploration and development around the world. Mr. Friedland guided the development and sale of Diamond Fields Resources' nickel discovery at Voisey's Bay in Newfoundland, Canada, to INCO Ltd. for CDN$4.3 billion in 1996 (Inco's Voisey's Bay mine began production in September, 2005). He also led the discovery and sale of Fairbanks Gold's Fort Knox deposit in Alaska to Amax Gold for US$152 million in 1992 (Fort Knox, now owned by Kinross Gold, has produced approximately four million ounces of gold since 1996).

Mr. Friedland is Chairman of Ivanhoe Capital Corporation, his family's private company that specializes in venture capital and project financing from bases in Singapore and Beijing. With his leadership, Ivanhoe executives and affiliated benefiting companies have raised several billion dollars on international capital markets since 1993.

He also is co-founder of oil and gas producer Ivanhoe Energy and was appointed its Executive Chairman, President and Chief Executive Officer on May 29, 2008. In addition, Mr. Friedland is Co-Chairman of Ivanhoe Energy's China-Southeast Asia operating subsidiary, Sunwing Energy. Ivanhoe Energy is advancing its breakthrough, proprietary upgrading technology that enables the recovery of heavy-oil reserves around the world and their conversion to lighter, more valuable crude oil at lower costs than older technologies.

Peter Meredith

Deputy Chairman

Peter Meredith
Position: Deputy Chairman

Peter Meredith, CA, Ivanhoe's former Chief Financial Officer (CFO), assumed the position of Deputy Chairman in May, 2006, overseeing the company's business development and corporate relations. A member of the company's board of directors, Mr. Meredith was Ivanhoe's CFO from May, 2004, to May, 2006, and from June, 1999, to November, 2001. Mr. Meredith has been the CFO of Ivanhoe Capital Corporation since June, 1996. Previously, he spent 31 years with Deloitte and Touche LLP, Chartered Accountants.

Mr. Meredith also is a director and CEO of SouthGobi Energy Resources Ltd. (SGQ-TSXV), a majority owned coal company focused on exploration and development of its Permian-age metallurgical and thermal coal deposits in Mongolia's South Gobi Region to supply a wide range of coal products and electricity to markets in Mongolia and China.

John Macken

Chief Executive Officer (CEO), President and Director

John Macken joined Ivanhoe in November, 2003, after a 19-year career with mining giant Freeport McMoran Copper and Gold, most recently as Freeport's Senior Vice-President of Strategic Planning and Development, based in New Orleans. He spent a total of 13 years with Freeport's operating unit, P.T. Freeport Indonesia (PTFI), culminating in the position of Executive Vice-President and General Manager at Freeport's Grasberg mining complex in Papua, the world's largest single copper and gold mine.

As Chief Executive Officer and President of Ivanhoe Mines, Mr. Macken has a mandate to assemble and lead the management team charged with bringing into production the company's world-class copper and gold discoveries in Mongolia's South Gobi region

Managemenrt

& Directors

Tony Giardini
Position: Chief Financial Officer

Tony Giardini, CA and CPA, joined Ivanhoe as Chief Financial Officer in May, 2006, after more than 10 years with Placer Dome Inc., one of the world's largest gold mining companies. Mr. Giardini, 46, was most recently Placer's Vice-President and Treasurer, where he managed and oversaw the company's debt and capital market activities, including managing banking relationships with more than 20 US, Canadian and international banks. During his time at Placer, Mr. Giardini led the financing team that raised US$730 million in debt financings and US$468 million in equity financings. Prior to joining Placer, he spent 12 years with accounting firm KPMG.

Pierre Masse
Position: Vice President, Finance

Pierre Masse, a Chartered Accountant, Chartered Financial Analyst and mining engineer, was appointed Vice President and Treasurer in May, 2004. He was previously Chief Financial Officer of Ivanhoe Mines. Mr. Masse joined Ivanhoe Mines in 1998 and has held several senior positions within the company. Mr. Masse has more than 20 years' experience in senior financial positions with public mining and exploration companies.

Douglas J. Kirwin
Position: Executive Vice-President, Exploration

Douglas Kirwin, a professional geologist, has spent more than 35 years in the mineral exploration industry, much of which has been in the Asia-Pacific region.

Mr. Kirwin has directed Ivanhoe Mines' exploration activities since joining the company in September, 1995. He was formerly Managing Director, International Geological Services Pty. Ltd. and for several years held senior positions with Anglo American and Amax. He has evaluated mineral deposits throughout the Americas, Asia and Europe, and has managed numerous projects in Southeast Asia and Australia.

Mr. Kirwin holds a Master of Science Degree in mineral exploration from James Cook University in Australia. As a member of the joint discovery team of the Hugo Dummett Deposit at Oyu Tolgoi, Mongolia, Doug was a co-recepient (with Charles Forster and Garamjav) of the PDAC inaugural Thayer Lindsley medal awarded for the most significant international mineral discovery in 2004. Doug is the industry advisor for the Society of Applied Geology and is currently the Society of Economic Geologists International Exchange Lecturer for 2006.

David Woodall
Position: President of Ivanhoe's gold operations

During the third quarter, 2006, David Woodall was appointed President of Ivanhoe's gold operations. His responsibilities include overseeing the advancement of the company's gold exploration and mine development projects, which include, among others, operational development of the Oyu Tolgoi project in Mongolia, the Bakyrchik gold mine development project in Kazakhstan and the Cloncurry IOCG gold, copper project in Australia.

Mr. Woodall, 46, has more than 22 years experience in, operations, mine development, project evaluation and corporate management roles, in gold, base metals and iron ore. Prior to joining Ivanhoe Mines, he acquired extensive mine management experience at underground and open-pit mines in Canada, Australia, Fiji and China. Among numerous mine operation assignments, he worked as Mine General Manager at the CSA copper mine in New South Wales, Musselwhite gold mine in Ontario, Canada, the Kanowna Belle gold mine in Western Australia, and the West Angelas iron ore mine. He has worked in senior mine management positions with Robe River, Placer Dome, Sino Gold and WMC Resources.

Peter Reeve
Position: Chief Executive Officer, Ivanhoe Australia

In the first quarter of 2007, Peter Reeve was appointed as Chief Executive Officer of Ivanhoe Australia Pty Ltd., a wholly-owned subsidiary company.

Mr. Reeve has been involved in the Australian resources industry for approximately 25 years after qualifying as a metallurgist in the early 1980s. His industry experience includes positions with Rio Tinto, Shell-Billiton and Normet Consulting, a metallurgical consulting firm, before joining Goldman Sachs/JBWere in Investment Management and Corporate Finance roles in the Australian resource industry.

In 2001, Mr. Reeve joined Newcrest Mining Ltd., Australia's largest gold producer, as part of the Executive Committee responsible for corporate development and market related aspects for the group, a position that he occupied until 2006.

Beverly A. Bartlett
Position: Vice President & Corporate Secretary

As Vice President, Corporate Secretary, Ethics and Compliance Officer of Ivanhoe Mines, Beverly Bartlett specializes in the company's corporate compliance and administration. She has wide-ranging international experience in the administration and regulatory compliance of public companies.

Prior to joining Ivanhoe Mines, she held senior administration positions with various Canadian mining companies, including Northgate Exploration and Neptune Resources.

Jay Gow
Position: Vice President, Marketing

Jay Gow joined Ivanhoe Mines as Vice President, Marketing in May, 2004. Mr. Gow is a mining marketing executive with more than 20 years of progressively increasing responsibilities in domestic and international copper-concentrate marketing and transportation. He has a successful track record of establishing and operating concentrate marketing departments for two major South American copper mines - Alumbrera and Antamina - and coordinating concentrate sales for one of Canada's largest copper mines - Highland Valley Copper. He has extensive experience in negotiating large supply and transportation contracts with international customers and has wide-ranging metal industry and transportation contacts in Asia, Europe and the Americas.

He joins the Ivanhoe Mines team that is being assembled to bring into production the Oyu Tolgoi project in Mongolia's South Gobi region.

Bill Trenaman
Position: Investor Relations

Bill Trenaman has been with Ivanhoe Mines since 1999. He has more than 25 years' experience in the natural resources sector, including positions with Ivanhoe Energy, Ivanplats, Jinshan Gold Mines, SouthGobi Energy Resources, Treminco Resources Ltd., Archangel Diamond Corp. and DiamondWorks Ltd.

Bill has MBA and B.Sc. degrees from the University of British Columbia, and has been a member of the Canadian Investor Relations Institute since 2000.

Garamjav Dondog
Position: Senior Geologist

Garamjav Dondog has been working as a senior geologist with Ivanhoe Mines Mongolia Inc. since 2000. Prior to that, Garamjav was a senior geologist and advisor for BHP Minerals from 1997-1999. And prior to that, he worked for Erdenet-Magma JVC for two years. He graduated from the National University of Mongolia in 1967 as a mapping engineer and geologist.

As a professional geologist, he has spent more than 35 years in the mineral exploration industry, particularly focussing on copper. Garamjav studied metallogenic belts and formations of copper deposits throughout Mongolia. From 1968 to 1972, he conducted explorations in Erdenet's copper--molybdenum deposit, Mongolia's largest copper deposit. In 1983, he first visited the South Oyu Tolgoi copper mineralization.

As a member of the joint discovery team of the Hugo Dummett Deposit at Oyu Tolgoi, Mongolia, Garamjav was a co-recepient (with Charles Forster and Doug Kirwin) of the PDAC inaugural Thayer Lindsley medal awarded for the most significant international mineral discovery in 2004.

David Huberman
Position: Lead Independent Director

David Huberman was appointed to the company's Board of Directors in September, 2003, as the lead independent director. In this position, Mr. Huberman's role is to ensure that the Board executes its mandate effectively, efficiently and independently of management.

Mr. Huberman is President of Coda Consulting Corp., a law and business consulting firm based in Vancouver, Canada. Mr. Huberman practiced business law from 1972 until 1996, specializing in corporate, commercial, banking, securities and regulatory law. He has extensive domestic and international experience in the negotiation, structuring and financing of a variety of business enterprises.

Mr. Huberman is a graduate of the University of British Columbia (B.A. and LL.B.) and of Harvard Law School (LL.M.). Mr. Huberman was called to the bar in British Columbia in 1960 and was a full-time member of the Faculty of Law at the University of British Columbia from 1960 to 1972. Prior to establishing his own law and consultancy practice in April, 1993, Mr. Huberman was, for many years, a senior partner in the Vancouver law firm of Freeman and Company. From 1990 to 1993, he served as Chairman of the Executive Committee of Goodman, Freeman, Phillips and Vineberg (whose constituent law firms were based in Toronto, Vancouver and Montreal), an international law firm with offices in New York, Hong Kong and Taipei.

R . Edward Flood
Position: Director

Edward Flood was Ivanhoe's founding President and has been a member of the board of directors since Ivanhoe was formed in 1994. His 35-plus years of experience in the international mining field has helped guide Ivanhoe's growth and the establishment of the company as a significant presence in Asia's mineral exploration and mining sectors.

Before joining Ivanhoe, Mr. Flood was a principal at Robertson Stephens & Co., an investment bank in San Francisco, USA. He was a member of the Robertson Stephens' investment team for the Contrarian Fund, a public mutual fund concentrated on natural resources development projects around the world. Mr. Flood also has held the position of senior mining analyst with a prominent Canadian securities firm. In March 2007, Mr. Flood was appointed Managing Director, Investment Banking, Haywood Securities (UK) limited.

He holds a bachelor's degree and a master's degree in Geology.

Kjeld Thygesen
Position: Director

Kjeld Thygesen is the managing director of Lion Resource Management, a London-based mining and corporate finance consultancy firm that is the advisor to several leading mining and natural resource funds, including Excelsior Mining Fund, Azure Energy Fund and Tiger Resource Finance Plc, an AIM-listed finance company. Mr. Thygesen has more than 30 years' experience in the mining investment business. Before founding Lion Resource Management in 1989, Mr. Thygesen held various positions with NM Rothschild & Sons and was an international mining research analyst at James Capel.

Mr. Thygesen joined Ivanhoe Mines' board in February, 2001.

Robert Hanson
Position: Director

Robert Hanson is currently the Chairman of both Hanson Capital Limited and the Hanson Transport Group Limited; he is also Managing Partner of Millennium Hanson Internet Partners. Formerly an Associate Director of N.M Rothchild & Sons, Mr. Hanson was also a main board director of Hanson Plc, with a specific responsibilty for mergers and acquisitions. Mr. Hanson's international experience in corporate finance and in the construction, mining and building sectors makes him an ideal board member.

Dr. Marc Faber
Position: Director

Dr. Marc Faber was appointed to Ivanhoe Mines' Board of Directors in February, 2002. He is managing director of Marc Faber Limited, a Hong Kong-based investment firm that provides advisory services to mutual funds. Dr. Faber is also a distinguished public speaker and author. He is the publisher of a widely-read monthly investment newsletter and author of a best-selling financial book. In addition, he is a regular contributor to several leading financial publications around the world.

Dr. Faber is associated with a variety of funds including the Iconoclastic International Fund, The Baring Chrysalis Fund, The Overlook Partners' Fund, The Income Partners Global Strategy Fund, The India Capital Fund, The Matterhorn India Fund, The Magna Europa Fund plc, The China Mantou Fund and Sofaer Capital Inc.

Dr. Faber studied Economics at the University of Zurich and obtained a Ph.D. in Economics magna cum laude. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. Dr. Faber established Marc Faber Limited in 1990.

Howard Balloch
Position: Director

A veteran Canadian diplomat, Howard Balloch began serving as Canada's ambassador to China, Mongolia and the Democratic People's Republic of Korea in 1996 after a 20-year career in the Government of Canada's Department of Foreign Affairs and International Trade. A specialist on Pacific Rim nations, Mr. Balloch helped to develop bilateral exchanges between Canada and China and led the promotion and protection of Canadian interests in China. After retiring from the government's foreign service in July 2001, he continued to support Sino-Canadian business cooperation through his Beijing-based private investment and consulting business and as president of the Canada-China Business Council.

Mr. Balloch, 53, earned his BA and MBA from McGill University, Montreal, and subsequently pursued further graduate studies at the University of Toronto and Fondation nationale des Sciences Politiques in Paris.

David Korbin
Position: Director

David Korbin, CA, was appointed to the company's Board of Directors in May, 2006. Mr. Korbin, 64, presently works as a management and financial consultant. He is a director of E-Comm Emergency Communications for Southwest British Columbia. He has been Chairman of E-Comm's board of directors since 2004 and was Chairman of the audit committee from 2002 to 2003. From 1992 to 2000, he was a director of the Vancouver General Hospital and then the Vancouver Hospital and Health Sciences Centre, serving as Chairman of the Vancouver General Hospital audit committee from 1993 to 1994 and Chairman of the Vancouver Hospital and Health Sciences Centre from 1995 to 1998. Mr. Korbin qualified as a Chartered Accountant in 1966, and from 1990 to 1992 he was a managing partner of Deloitte Touche LLC. Mr. Korbin also is a director of Seaspan Corporation (NYSE -- SSW), and is Chairman of Seaspan's Audit Committee.

Bret K. Clayton
Position: Director

Bret Clayton is Chief Executive of Rio Tinto Copper & Diamonds based in London. Mr. Clayton provides management oversight to the Copper group, which comprises Kennecott Utah Copper and Kennecott Minerals Company in the United States, and interests in the copper mines of Escondida in Chile, Grasberg in Indonesia, Northparkes in Australia, Palabora in South Africa, as well as the Oyu Tolgoi copper project in Mongolia, the Resolution copper project in the United States and the La Granja copper project in Peru. In addition, Mr. Clayton has responsibility for Diamond mining and marketing activites, including operations in Canada, Australia, Zimbabwae and marketing offices in Belgium.

During his career with Rio Tinto group, Mr. Clayton has held numerous senior management positions, including President and CEO of Rio Tinto Energy America, Head of Financial Planning and Reporting for Rio Tinto plc in London and General Manager Commercial and Chief Financial Officer for Hamersley Iron and Rio Tinto Iron Ore in Perth, Australia. Prior to working for Rio Tinto, Mr. Clayton worked for PricewaterhouseCoopers, mainly consulting to the mining industry.

Mr. Clayton holds a Bachelor of Arts Degree in Accounting from the University of Utah in Salt Lake City and is a graduate of the International Executive Management Program of INSEAD in Fontainebleau, France.