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IMG.TO ·

Iamgold Announces Launch of $500 Million Senior Notes Offering

Financings Debt & Credit Facilities

NEWS RELEASE

TSX: IMG NYSE: IAG

IAMGOLD ANNOUNCES LAUNCH OF $500 MILLION SENIOR NOTES OFFERING

All monetary amounts are expressed in U.S. dollars, unless otherwise indicated.

Toronto, Ontario, March 3, 2017 - IAMGOLD Corporation ("IAMGOLD" or the "Company") today

announced that it has commenced an offering of $500 million aggregate principal amount of senior notes

due 2025 (the "Notes"). IAMGOLD intends to use the net proceeds from the offering of the Notes,

together with cash on hand, to fund the redemption of its outstanding 6.75% Senior Notes due 2020 (the

“Existing Notes”).

Pursuant to the terms of the indenture governing the Existing Notes, IAMGOLD will issue a conditional

notice of redemption to redeem all of the outstanding Existing Notes, which redemption will be conditional

upon the successful completion of the offering of the Notes.

The Notes have not been and will not be registered under the United States Securities Act of 1933, as

amended (the "Securities Act"), or the securities laws of any state and may not be offered or sold absent

registration under the Securities Act or an applicable exemption from the regi stration requirements

thereof. The Notes will be offered and sold in the United States only to qualified institutional buyers in

accordance with Rule 144A under the Securities Act and outside the United States in reliance on

Regulation S under the Securities Act. The Notes will be offered and sold in Canada on a private

placement basis pursuant to certain exemptions from applicable Canadian securities laws.

This news release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be

any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful

prior to registration or qualification under the securities laws of any such jurisdiction or an exemption

therefrom. This news release does not constitute an offer to purchase the Existing Notes. This news

release contains information about pending transactions, and there can be no assurance that these

transactions will be completed.

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements. All statements, other than of historical fact, that

address activities, events or developments that the Company believes, expects or anticipates will or may

occur in the future are forward-looking statements, including the completion and timing of this offering and

the intended use of proceeds from this offering to redeem the Existing Notes. They are forward-looking

because they are statements about the future that are based on what the Company knows and expects

today. Forward-looking statements are generally identifiable by use of the words "may", "will", "should",

"continue", "expect", "anticipate", "outlook", "guidance", "estimate", "believe", "intend", "plan" or "project"

or the negative of these words or other variations on these words or comparable terminology. Forward-

looking statements are subject to a number of risks and uncertainties, many of which are beyond the

Company's ability to control or predict, that may cause the actual results of the Company to differ

materially from those discussed in the forward-looking statements, including, but not limited to, the need

to successfully market the offering of Notes, conditions in financial markets and risks discussed in the risk

factors section in IAMGOLD's latest annual information form. Accordingly, readers should not place

undue reliance on forward-looking statements. IAMGOLD disclaims any intent or obligations to update or

revise publicly any forward-looking statements whether as a result of new information, estimates or

options, future events or results or otherwise, unless required to do so by law.

About IAMGOLD

IAMGOLD is a mid-tier mining company with four operating gold mines on three continents. A solid base

of strategic assets in North and South America and West Africa is complemented by development and

exploration projects and continued assessment of accretive acquisition opportunities. IAMGOLD is in a

strong financial position with extensive management and operational expertise.

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For further information please contact:

Bob Tait, VP Investor Relations, IAMGOLD Corporation

Tel: (416) 360-4743 Mobile: (647) 403-5520

Laura Young, Director, Investor Relations, IAMGOLD Corporation

Tel: (416) 933-4952 Mobile: (416) 670-3815

Shae Frosst, Investor Relations Associate, IAMGOLD Corporation

Tel: (416) 933-4738 Mobile: (647) 967-9942

Toll-free: 1-888-464-9999 [email protected]

Please note:

All material information on IAMGOLD can be found at www.sedar.com or at www.sec.gov.

Si vous désirez obtenir la version française de ce communiqué, veuillez consulter le

http://www.iamgold.com/French/accueil/default.aspx.