Mr. Sam Pazuki reports

OCEANAGOLD ANNOUNCES COMPLETION OF UPDATED TECHNICAL REPORT FOR THE REEFTON PROJECT

OceanaGold Corp. has completed an updated National Instrument 43-101-compliant technical report for the Reefton project, following its announcement on the updated Blackwater drill results on April 12, 2013.

The report entitled, "Technical Report for the Reefton Project," has been prepared by qualified persons from Oceana Gold (New Zealand) Ltd. and updates the May 9, 2007, technical report for the project. In light of the recent decline in gold price, the company will continue to assess and review the operating parameters and the mine plan for the Reefton project.

Qualified persons

Jonathan Moore, chief geologist for OceanaGold, is the qualified person under NI 43-101 responsible for the Reefton project resource estimates. Mr. Moore has reviewed and approved the contents of this news release.

Knowell Madambi, technical services manager for OceanaGold, is the qualified person under NI 43-101 responsible for the Reefton project reserve estimates. Mr. Madambi has reviewed and approved the contents of this news release.

We seek Safe Harbor.