The magnetic properties of the hot-pressed magnets made from the Fe-Nd-B alloys, mechanically ground and subsequently blended with binary additives such as Al-Cu and Ag-Zn before hot pressing, were investigated. The coercivities of the magnets increased as the concentration of Al-Cu increased up to 1 wt.% or up to 3 wt.% in the case of Ag-Zn. At higher concentrations the coercivities decreased markedly. The maximum gain in coercivity by the addition was about 20 %. typical values of $_{i}H_{c}$ and $B_{r}$ of a hotpressed magnet containing 1 wt.% Al-Cu were 18 kOe and 7 kG, respectively. It was found that Cu, Ag, and Zn, which diffused into the magnet during hot pressing, were mostly concentrated on the Nd-rich grain boundary phase whereas Al was present not only in the grain boundary region but also in the matrix grains.