40 King Street West, 52 Floor

Toronto, ON M5H 3Y2

Tel: 416 365 5123

Fax: 416 363 6622

Toll Free: 866-561-3636

nd

PRESS RELEASE

Kinross Announces Increased Credit Facility

April 25, 2005… Toronto, Ontario – Kinross Gold Corporation (“Kinross” or the “Company”)

(TSX-K; NYSE-KGC) is pleased to announce that it has increased its revolving credit facility to US$295

million. The credit facility matures in three years, and includes several new banks.

The new credit facility was co-led by Scotia Capital, which also acted as Administrative Agent, and

Société Générale, which also acted as Syndication Agent. RBC Capital Markets and ANZ Banking

Group Limited were Documentation Agents. A total of 10 banks participated in the facility.

Tye Burt, President and C.E.O., said, “We are pleased to have the backing of such a strong syndicate.

This facility will allow Kinross more flexibility to drive the Company forward in executing our

development strategy”.

About Kinross Gold Corporation

Kinross Gold Corporation (www.kinross.com) is a senior gold producer with eleven gold producing

properties in six countries, primarily in North and South America. Kinross’ head office is located in

Toronto and its common shares trade under the symbol K on the Toronto Stock Exchange, and under

the symbol KGC on the New York Stock Exchange.

For additional information, e-mail

info@kinross.com

or contact:

Christopher T. Hill

Vice President

Investor Relations

Tel. (416) 365-7254

Tracey M. Thom

Manager

Investor Relations

Tel. (416) 365-1362