December 20, 2002... Toronto, Ontario - Kinross Gold Corporation (TSX-K; Amex-KGC)

(“Kinross”) announced today that the definitive timing has been established for its Special Meeting of

Shareholders concerning the previously announced Combination of Kinross, TVX Gold Inc. (TSX-TVX;

NYSE-TVX) (“TVX”) and Echo Bay Mines Ltd. (TSX-ECO; Amex-ECO) (“Echo Bay”). The Kinross meeting

will be held at 10:00 a.m. on January 28, 2003 at The Design Exchange, 234 Bay Street, Toronto,

Ontario, Canada. Assuming Kinross’ shareholders approve the issuance of shares to complete the

Combination, and the TVX and Echo Bay shareholders approve the Combination at their meetings on

January 31, 2003, approval for the Arrangement will be sought on January 31, 2003 from the Superior

Court of Justice, Ontario, with a proposed effective date for the Combination of January 31, 2003.

The record date for the Kinross Special Meeting of Shareholders remains December 13, 2002.

-30-

For additional information:

Robert M. Buchan

President and Chief Executive Officer

Tel.: (416) 365-5650

Gordon A. McCreary

Vice President, Investor Relations and Corporate

Development

Tel.: (416) 365-5132

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