ABG plc Stabilisation Notice

African Barrick Gold plc

The London Stock Exchange

10 Paternoster Square

London, EC4M 7LS

Dear Sirs

African Barrick Gold plc - Offering of 101,082,317Ordinary Shares

Stabilisation Notice

Pursuant to Core Dealing Rule 3060-3061, J.P. MorganSecurities Ltd. hereby notifies the London Stock Exchange that it and its affiliatesmay stabilise the offering of the Ordinary Shares of 10 pence each in African BarrickGold plc:

1. Security to be stabilised: Ordinary Sharesof 10 Pence in African Barrick Gold plc;

2. Security Identifier: GB00B61D2N63;

3. Stabilising Manager: J.P. Morgan SecuritiesLtd. (a member firm) (Contact - Greg Chamberlain - 020 7588 2828);

4. Stabilisation period commences: 19 March 2010at approximately 08:00am London time;

5. Stabilisation period ends: Close of businesson 16 April 2010;

6. Offer price: 575 pence per share; and

7. Over-allotment option is equivalent to 10%of the offering.

Yours faithfully

J.P. Morgan Securities Ltd.