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Barrick Reaches Settlement Agreement in Class Action

May 31, 2016

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TORONTO, May 31, 2016 — Barrick Gold Corporation confirms that the company has reached a $140 million settlement in a class action lawsuit pending before the United States District Court, Southern District of New York. The value of the settlement is insured.

Barrick continues to believe that the claims alleged by the lead plaintiffs in the litigation are unfounded, and under the terms of the settlement agreement, the company has not accepted any charges of wrongdoing or liability.


INVESTOR CONTACTS

Angela Parr
Vice President
Investor Relations
Telephone: +1 416 307-7426
Email: aparr@barrick.com

Susan Muir
Vice President
Investor Communications
Telephone: +1 416 307-5107
Email: s.muir@barrick.com

MEDIA CONTACT

Andy Lloyd
Senior Vice President
Communications
Telephone: +1 416 307-7414
Email: alloyd@barrick.com

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