EDR: TSX

EJD: DBF

EXK: AMEX

ENDEAVOUR
SILVER

Silver Fundamentals

GLOBAL SILVER SUPPLY 2007

Government Sales 5% Recycling 20% Mine Production 75%

Source: GFMS/Silver Institute

Silver Producer

Focused on Growth.

MINE SUPPLY OF SILVER BY SOURCE 2007

Copper 28% Lead/Zinc 32%

Gold 10%

Primary 30%
Source: GFMS/Silver Institute

Silver Producer

Focused on Growth.

GLOBAL MINE PRODUCTION 2007 (671 million oz total)

Chile 7% Russia 7% Mexico 15% Poland 6% United States Canada 6% 5% Rest of the world 17%

Australia 9%

Source: GFMS/Silver Inst.

China 12%

Peru 16%

Silver Producer

Focused on Growth.

GLOBAL SILVER FABRICATION 2007

Investment Demand, such as Exchange Traded Funds, is not included. Photography 15% Silverware 7%

Industrial 54% Jewelry 19%

Source: GFMS/Silver Institute

Coins & Metals 5%

Silver Producer

Focused on Growth.

EXCHANGE SILVER TRADED FUNDS (ETFS) SILVER HOLDINGS

Source: CPM Group

Silver Producer

Focused on Growth.

SILVER INVENTORIES AT A HISTORIC LOW

Inventory (Million Oz)

Inventories include silver backing the Exchange Traded Funds (ETFs)

Source: CPM Group

Silver Producer

Focused on Growth.

BULLION INVENTORIES - MONTHS OF DEMAND

Source: CPM Group

Suite 301-700 W. Pender St. Vancouver B.C. V6C 1G8 Toll Free. 1-877-685-9775, T. 604-685-9775 www.edrsilver.com