2006

Silvercorp added to S&P/TSX Composite Index and S&P/TSX Global Gold Index, effective Monday, December 18,2006

VANCOUVER, BRITISH COLUMBIA - DECEMBER 11, 2006 - Silvercorp Metals Inc. ("Silvercorp") is pleased to announce that Standard & Poors Canadian Index operations have added Silvercorp to the S&P/TSX Composite Index and the S&P/TSX Capped Gold Index (which has been renamed the S&P/TSX Global Gold Index). The change in both Indexes will be effective at market open, Monday, December 18, 2006.


For further information: SILVERCORP METALS INC., Rui Feng, Chairman & CEO
Phone: (604) 669-9397, Fax: (604) 669-9387, Email: info@sknresources.com, Website: www.sknresources.com

Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, constitute forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in mineral exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.