All figures in US dollars

Barrick Gold Corporation (NYSE: ABX)(TSX: ABX) today announced that its Board of Directors has declared a quarterly dividend of US12 cents per share, payable on December 15, 2010 to shareholders of record at the close of business on November 30, 2010.

Barrick's vision is to be the world's best gold company by finding, acquiring, developing and producing quality reserves in a safe, profitable and socially responsible manner.

Contacts: INVESTOR CONTACT: Deni Nicoski Vice President, Investor Relations (416) 307-7410 dnicoski@barrick.com MEDIA CONTACT: Rod Jimenez Vice President, Corporate Affairs (416) 307-7427 rjimenez@barrick.com

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