Barrick Gold Announces Dividend

PRESS RELEASE – February 16, 2011 All figures in US dollars

Barrick Gold Announces Dividend

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 March 15, 2011 to shareholders of record at the close of business on February 28, 2011.

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.

INVESTOR CONTACT: MEDIA CONTACT:

Deni Nicoski Andy Lloyd Vice President, Manager, Investor Relations Communications Tel: (416) 307-7410 Tel: (416) 307-7414 Email: [email protected] Email: [email protected]

BARRICK GOLD CORPORATION PRESS RELEASE