40 King Street West, 52

nd

Floor

Toronto, ON M5H 3Y2

Tel: 416 365 5123

Fax: 416 363 6622

Toll Free: 866-561-3636

PRESS RELEASE

Status Update on Late Financial Statements Filing

August 19, 2005… Toronto, Ontario – Kinross Gold Corporation (“Kinross” or the “Company”)

(TSX-K; NYSE-KGC) provides a status update on the preparation and filing of its financial statements

and related matters.

As previously disclosed, Kinross has not yet filed its audited financial statements and related

management’s discussion and analysis or its annual information form as a result of the review of the

accounting treatment for the assets acquired in the TVX Gold/Echo Bay merger (“the Merger”). On

June 26, 2005 Kinross submitted a letter to the United States Securities & Exchange Commission (the

“SEC”) responding to comments on the registration statement filed by Kinross in connection with the

proposed acquisition of Crown Resources Corporation. Included with the response letter were the

independent valuations of the assets acquired in the Merger and related documents and opinions from

independent advisors and valuators.

As noted previously, Kinross received comments from the SEC in connection with the above-mentioned

response letter requesting clarification of certain items included in that submission. This week Kinross

filed its response to these latest SEC comments.

Kinross will file audited financial statements after it has satisfied all of the comments issued by the

relevant regulators, the auditors have signed off on the financial statements, and the financial

statements have been approved by Kinross’ board of directors.

Kinross will issue bi-weekly updates as to the status and timing which can be viewed on the website at

www.kinross.com. The next update is scheduled for the week of August 29, 2005.

For additional information, e-mail

info@kinross.com

or contact:

Christopher T. Hill

Senior Vice President,

Corporate Communications

Tel. (416) 365-7254

Tracey M. Thom

Director, Investor Relations

and Communications

Tel. (416) 365-1362

Kinross will continue to provide bi-weekly status updates to the market regarding the process relating to the preparation and

filing of its financial statements and related matters, pursuant to the alternative information guidelines of the Ontario Securities

Commission (“OSC”) Policy 57-603 and Canadian Securities Administrators Staff Notice 57-301, until such time as Kinross is

current with its filing obligations under Canadian securities laws.