Completion of the Transfer of Tulawaka

4 February 2014 African Barrick Gold plc (the "Company" or "ABG") Completion of the Transfer of Tulawaka ABG is pleased to announce the completion of the transfer of Tulawaka andcertain exploration licences to STAMICO, the Tanzanian state mining company. Aspreviously announced STAMICO will take ownership and management of therehabilitation fund established as part of the closure plan for the mine, inreturn for the assumption of all remaining past and future closure andrehabilitation liabilities for Tulawaka, and has indemnified the other partiesto the agreement in relation to these liabilities. As a result ABG hastransferred the balance of the rehabilitation fund to STAMICO, less thetransaction consideration and other closing adjustments, which equates to acash payment of US$11.6 million. ENQUIRIES For further information contact: African Barrick Gold plc +44 (0) 207 129 7150Andrew Wray, Chief Financial Officer Giles Blackham, Investor Relations ManagerBell Pottinger +44 (0) 207 861 3232Daniel Thöle