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Kinross Announces Shareholder Special Meeting

August 9, 2010

Toronto, Ontario, August 9, 2010 - Kinross Gold Corporation (TSX: K, NYSE: KGC) announced today that it has filed with the securities regulatory authorities a notice of a special meeting of Kinross shareholders to be held on September 15, 2010 (the "Meeting"). The purpose of the Meeting is to consider the issuance of Kinross common shares in connection with the previously announced business combination with Red Back Mining Inc.

Further information regarding the transaction and the Meeting (including the time and location of the Meeting) will be contained in an information circular that Kinross will prepare, file and mail in due course in connection with the Meeting. It is anticipated that meeting materials will be mailed on or about August 17, 2010 to registered and beneficial shareholders of record as at close of business (Toronto time) on August 11, 2010.

All shareholders are urged to read the information circular once it becomes available as it will contain additional important information concerning the transaction.