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Kinross declares dividend

August 4, 2010

Toronto, Ontario, August 4, 2010 - Kinross Gold Corporation (TSX: K; NYSE: KGC) announced today that the Board of Directors has declared a dividend of US$0.05 per common share, payable on September 30, 2010 to shareholders of record at the close of business on August 31, 2010.

This dividend qualifies as an "eligible dividend" for Canadian income tax purposes.