SPOKANE, WA––January 23, 2009–– Minera Andes Inc. (TSX: MAI and US OTC: MNEAF) is pleased to announce details of the San José mine production to December 31, 2008. The San José joint venture is operated by Minera Santa Cruz S.A. (“MSC”) and is owned 49% by Minera Andes and 51% by Hochschild Mining plc (“Hochschild”) (HOCM.L: Reuters and HOC LN: Bloomberg - London Stock Exchange). Total production at the San José mine in 2008 was 4,380,000 ounces of silver and 54,260 ounces of gold.

Production at the San José mine in Q4 2008 totaled 1,329,000 ounces of silver and 17,370 ounces of gold, of which 49% is attributable to Minera Andes. Mill throughput increased 60% compared to the previous quarter due to the plant expansion completed in October. Silver production was 34% higher and gold production was 41% higher than the previous quarter due to higher tonnage treated which was partially offset by lower head grades.

SAN JOSÉ MINE PRODUCTION

*The Company has a 49% interest in the San José joint venture.