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Conversion Rate for 2011 Final Dividend

9th May 2012 07:00

9 May 2012 African Barrick Gold plc (the "Company" or "ABG") Conversion Rate for 2011 Final Dividend

Further to the announcement of the arrangements for the final dividend for 2011 provided with the Company's annual results for 2011, ABG has determined that the exchange rate to be applied to the 2011 final dividend is £1=U$1.6158. The sterling equivalent of the dividend of 13.1 cents per share will be approximately 8.1 pence per share.

The final dividend will be paid on 25 May 2012 to shareholders on the register on 4 May 2012.

ENQUIRIES

For further information contact:

African Barrick Gold plc +44 (0)207 129 7150

Andrew Wray, Head of Corporate Development & Investor Relations

Giles Blackham, Investor Relations Manager

This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of ABG in any jurisdiction.

PINX

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