Vancouver, BC, October 24, 2005 – Goldcorp Inc. (TSX: G; NYSE: GG) is pleased to announce that it has been added to the S&P/TSX 60 and 60 Capped Indices, effective as of the market open today.

The S&P/TSX 60 index is a large cap index for Canada, the Canadian equivalent of the S&P 500.

Standard & Poor's is a provider of independent credit ratings, indices, risk evaluation, investment research, data and valuations. For more information, visit www.standardandpoors.com.

Goldcorp is the world’s lowest cost and fastest growing million ounce gold producer. Gold production in 2005 is expected to exceed 1.1 million ounces at a cash cost of less than US$60 per ounce. By 2007, gold production is projected to increase by 40% to over 1.6 million ounces. The company has no debt and no hedging.

For further information, please contact:

Julia Hasiwar
Director, Investor Relations
Goldcorp Inc.
1560-200 Burrard Street
Vancouver, British Columbia, V6C 3L6
Telephone: 1800-567-6223
Fax: (604) 696-3001
Email: info@goldcorp.com
Website: www.goldcorp.com