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US Court Denies Class Action Certification in Bre-X Lawsuit

April 01, 2003

PRESS RELEASE – TORONTO, APRIL 1, 2003

For Immediate Release

Barrick Gold Corporation received notice today that on March 31, 2003, Judge David Folsom of the U.S. District Court for the Eastern District Court of Texas (Texarkana Division) denied all pending motions of the Plaintiffs seeking to certify a class action in the lawsuit against several Defendants, including Barrick, related to Bre-X Minerals Ltd.

Under U.S. rules, the Plaintiffs have the right to appeal the judge’s decision declining to certify their lawsuit as a class action.

Barrick is one of the world's leading gold producers and trades under the ticker symbol ABX on the Toronto, New York, London and Swiss stock exchanges and the Paris Bourse.

INVESTOR CONTACT:
Richard Young
Vice President,
Investor Relations
Tel: (416) 307-7431
Email: ryoung@barrick.com

MEDIA CONTACT:
Vincent Borg
Vice President,
Corporate Communications
Tel: (416) 307-7477
Email: vborg@barrick.com

 

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