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Barrick Gold: Notice to Holders of Placer Dome 2.75% Convertible Senior Debentures

Market Wire, March, 2008

Barrick Gold Corporation (NYSE: ABX)(TSX: ABX) announced today that, pursuant to the terms of Placer Dome 2.75% Convertible Senior Debentures due 2023 (the "Debentures"), upon compliance with the terms and conditions of the Debentures, the Debentures may be surrendered for conversion until and including June 30, 2008 at a conversion rate of 39.9859 Common Shares per US$1,000.00 principal amount of Debentures.

Barrick's vision is to be the world's best gold company by finding, acquiring, developing and producing quality reserves in a safe, profitable and socially responsible manner.

Contacts: INVESTOR CONTACT: Deni Nicoski Vice President, Investor Relations (416) 307-7410 Email: dnicoski@barrick.com MEDIA CONTACT: Vincent Borg Senior Vice President, Corporate Communications (416) 307-7477 Email: vborg@barrick.com

 

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