Barrick Completes US$1.25B Public Offering

Barrick Gold Corporation and its wholly owned subsidiaries, Barrick Gold Financeco LLC and Barrick North America Finance LLC, completed a public offering on September 11, 2008 of debt securities, consisting of US$500 million aggregate principal amount of 6.125 per cent notes due 2013, US$500 million aggregate principal amount of 6.80 per cent notes due 2018 and $250 million aggregate principal amount of 7.50 per cent notes due 2038. The notes were offered by a syndicate of underwriters led by Morgan Stanley & Co. Incorporated and J.P. Morgan Securities Inc.

Barrick was represented in-house by David Simpson, senior counsel, and Stephen Crozier, corporate counsel. Barrick was represented in the United States by a team from Shearman & Sterling LLP including Christopher Cummings, Stephen Centa, Nathalie Pierre-Louis, Jonathan Handyside and Mahsa Izadpanah (corporate and securities) and Laurence Crouch (tax). In Canada, Barrick was represented by a team from Davies Ward Phillips & Vineberg LLP including Kevin Thomson, Lisa Damiani, Richard Fridman and Michael Rapps (corporate and securities) and Geoffrey Turner and Brent Pidborochynski (tax).

The underwriters were represented by a team from Skadden, Arps, Slate, Meagher & Flom LLP including Christopher Morgan, Ryan Dzierniejko, Daniel Micak and Terence Trinh (corporate and securities); Eric Sensenbrenner and Aaron Feinberg (tax) and John Amodeo (environmental).