VANCOUVER, May
2, 2014 /CNW/ – GOLDCORP
INC. (TSX: G, NYSE: GG) (“Goldcorp” or the
“Company”) is pleased to announce the election of Mr. Clement
A. Pelletier to its Board of Directors.  Mr. Pelletier, 68,
currently serves as Chief Executive Officer of Rescan Group Ltd., a Canada-based
environmental consulting firm to the resource industry. The Company also
announced that A. Dan Rovig has retired from the Goldcorp
Board of Directors, leaving the number of directors at ten.

“Clem Pelletier is a resource industry veteran, having served as both a mine operator and the
founder of an important engineering and environmental firm over the course of
an impressive career,” said Ian Telfer, Chairman of the
Board of Goldcorp.  “He has received numerous awards and recognition
for industry accomplishments, particularly in the area of environmental
performance, and will be an important addition to the Goldcorp
team.  On behalf of the board and management team, we would like to thank Dan
Rovig for his contributions and leadership.  Since 2006, he has
served Goldcorp’s board with
the utmost integrity and distinction.”

The Company also announced
the detailed voting results for the election of its Board of Directors, which
took place at the Company’s Annual and Special Meeting held on May 1,
2014. The nominees listed in the management proxy circular dated March
18, 2014 were elected as directors of Goldcorp
at the meeting. Detailed results of the vote are set out below:

Goldcorp
is one of the world’s fastest growing senior gold producers.  Its low-cost
gold production is located in safe jurisdictions in the Americas
and remains 100% unhedged.

Cautionary Note
Regarding Forward Looking Statements

This press release contains
“forward-looking statements”, within the meaning of the United States
Private Securities Litigation Reform Act of 1995 and applicable Canadian
securities legislation, concerning the business, operations and financial
performance and condition of Goldcorp
Inc. (“Goldcorp”). Forward-looking statements include, but are
not limited to, statements with respect to the future price of gold, silver,
copper, lead and zinc, the estimation of mineral reserves and resources, the
realization of mineral reserve estimates, the timing and amount of estimated
future production, costs of production, capital expenditures, costs and timing
of the development of new deposits, success of exploration activities,
permitting time lines, hedging practices, currency exchange rate fluctuations,
requirements for additional capital, government regulation of mining
operations, environmental risks, unanticipated reclamation expenses, timing and
possible outcome of pending litigation, title disputes or claims and
limitations on insurance coverage.  Generally, these forward-looking
statements can be identified by the use of forward-looking terminology such as
“plans”, “expects”, “is expected”, 
“budget”, “scheduled”, “estimates”,
“forecasts”, “intends”, “anticipates”,
“believes” or variations of such words and phrases or statements that
certain actions, events or results “may”, “could”, “would”,
“might” or “will be taken”, “occur” or “be
achieved” or the negative connotation thereof.

Forward-looking statements
are made based upon certain assumptions and other important factors that, if
untrue, could cause the actual results, performances or achievements of Goldcorp
to be materially different from future results, performances or achievements
expressed or implied by such statements.  Such statements and information
are based on numerous assumptions regarding present and future business
strategies and the environment in which Goldcorp
will operate in the future, including the price of gold, anticipated costs and
ability to achieve goals. Certain important factors that could cause actual
results, performances or achievements to differ materially from those in the
forward-looking statements include, among others, gold price volatility,
discrepancies between actual and estimated production, mineral reserves and
resources and metallurgical recoveries, mining operational and development
risks, litigation risks, regulatory restrictions (including environmental
regulatory restrictions and liability), activities by governmental authorities
(including changes in taxation), currency fluctuations, the speculative nature
of gold exploration, the global economic climate, dilution, share price
volatility, competition, loss of key employees, additional funding requirements
and defective title to mineral claims or property.  Although Goldcorp has
attempted to identify important factors that could cause actual actions, events
or results to differ materially from those described in forward-looking
statements, there may be other factors that cause actions, events or results
not to be as anticipated, estimated or intended.

Forward-looking statements
are subject to known and unknown risks, uncertainties and other important
factors that may cause the actual results, level of activity, performance or
achievements of Goldcorp to be
materially different from those expressed or implied by such forward-looking
statements, including but not limited to: risks related to the integration of
acquisitions; risks related to international operations, including economic and
political instability in foreign jurisdictions in which Goldcorp
operates; risks related to current global financial conditions; risks related
to joint venture operations; actual results of current exploration activities;
environmental risks; future prices of gold, silver, copper, lead and zinc;
possible variations in ore reserves, grade or recovery rates; mine development
and operating risks; accidents, labour disputes and other risks of the mining
industry; delays in obtaining governmental approvals or financing or in the
completion of development or construction activities; risks related to
indebtedness and the service of such indebtedness, as well as those factors
discussed in the section entitled “Description of the Business – Risk
Factors” in Goldcorp’s
annual information form for the year ended December 31, 2013 available
at www.sedar.com.  Although Goldcorp
has attempted to identify important factors that could cause actual results to
differ materially from those contained in forward-looking statements, there may
be other factors that cause results not to be as anticipated, estimated or
intended.  There can be no assurance that such statements will prove to be
accurate, as actual results and future events could differ materially from
those anticipated in such statements.  Accordingly, readers should not
place undue reliance on forward-looking statements.  Forward-looking
statements are made as of the date hereof and accordingly are subject to change
after such date.  Except as otherwise indicated by Goldcorp,
these statements do not reflect the potential impact of any non-recurring or
other special items or of any dispositions, monetizations, mergers,
acquisitions, other business combinations or other transactions that may be
announced or that may occur after the date hereof.  Forward-looking
statements are provided for the purpose of providing information about
management’s current expectations and plans and allowing investors and others
to get a better understanding of our operating environment. Goldcorp
does not undertake to update any forward-looking statements that are included
in this document, except in accordance with applicable securities laws.

SOURCE Goldcorp
Inc.

Jeff
Wilhoit
Vice President, Investor Relations
Goldcorp Inc.
Telephone: (604) 696-3074
Fax: (604) 696-3001
E-mail:  [email protected]
www.goldcorp.com