contrast iconcontrast icon search icon

Provides Status Update on Late Filing of Financial Statements

October 28, 2005

Toronto, Ontario - Kinross Gold Corporation ("Kinross" or the "Company") (TSX-K; NYSE-KGC) Pursuant to the alternative information guidelines of the Ontario Securities Commission ("OSC") Policy 57-603 and Canadian Securities Administrators Staff Notice 57-301, Kinross is providing bi-weekly updates to the market regarding the process relating to the preparation and filing of its financial statements and related matters, until such time as Kinross is current with its filing obligations under Canadian securities laws. As previously disclosed, Kinross has not yet filed its audited 2004 financial statements as a result of the review of the accounting treatment for the goodwill associated with the TVX Gold/Echo Bay merger.

There have been no new material events since the press release dated October 20, 2005 when Kinross released preliminary, unaudited financial statements for the year ended December 31, 2004 and restated preliminary, unaudited financial statements for the year ended December 31, 2003. Kinross is currently working with its auditors to finalize these financial statements and expect that they should be filed within two to three weeks. Once those statements have been completed and filed, Kinross will file its interim financial statements for 2004 and 2005 in sequence followed by other required filings. Regulators may have comments on any of these filings. The interim statements are currently expected to be filed by calendar year end.

We are issuing bi-weekly updates as to the status and timing which can be viewed on our website at www.kinross.com. The next update is scheduled for the week of November 7, 2005.

Logo