1404592--3/31/2009--Revett_Minerals

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We may not be able to continue as a going concern. We have a limited operating history and had losses in prior years. Copper and silver prices fluctuate markedly. Currency fluctuations will affect our competitiveness There are other formidable risks to mining. Environmental challenges could prevent us from ever developing Rock Creek. Our reclamation liability at Troy could be substantial. We presently do not have the financial resources to develop Rock Creek. Our financial obligations to Kennecott are substantial. Our financial obligations to Royal Gold are substantial. Our financial obligations to Trafigura are substantial. We are a defendant in a wrongful death action arising from a fatality at Troy. The Rock Creek mineral resources are not equivalent to reserves. Non-U.S. persons owning our stock could be subject to U.S. taxes if we are treated as a United States company. We could be treated as a passive foreign income company for tax purposes.

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1404592--3/31/2009--Revett_Minerals_Inc.