Vancouver, British Columbia – May 11, 2005 – GOLDCORP INC. (GG:NYSE; G:TSX) is pleased to invite you to view a live webcast of the Annual General Meeting of Shareholders on Monday May 16th, 2005 at the Metro Toronto Convention Centre’s John W.H. Bassett Theatre, located at 225 Front St. West, Toronto. The webcast will begin at 4:00 p.m. (EST) can be accessed over the internet from the Goldcorp website at www.goldcorp.com or http://events.streamlogics.com/avwtelav/goldcorp/may16-05/.

Goldcorp will also release first quarter results before market open on Monday, May 16th and a conference call will be held at 11:00 a.m. (EST) that day to discuss these results. You may join the call by dialing toll free 1-877-667-7774 or (416) 695-9753 for calls from outside of Canada and the US. The conference call will be recorded and you can listen to a playback of the call after the event by dialing 1-888-509-0081 or (416) 695-5275.

Goldcorp is the world’s lowest cost million ounce gold producer, with 2005 gold production expected to exceed 1.1 million ounces of gold at a cash cost of less than US$60 per ounce.  By 2007, gold production is expected to grow to over 1.6 million ounces.  Goldcorp has a strong balance sheet with approximately US$450 million in cash and equivalents, and no debt.

For further information, please contact:

Julia Hasiwar
Director, Investor Relations
Goldcorp Inc.
1560-200 Burrard Street
Vancouver, British Columbia, V6C 3L6
Telephone: (604) 696-3011
Fax: (604) 693-3001
Email: info@goldcorp.com
Website: www.goldcorp.com