Mr. Mark Bristow reports

BARRICK DECLARES QUARTERLY DIVIDEND

Barrick Gold Corp. has declared a dividend for the first quarter of 2020 of seven U.S. cents per share, payable on June 15, 2020, to shareholders of record at the close of business on May 29, 2020.

Senior executive vice-president and chief financial officer Graham Shuttleworth said that maintaining the dividend level that was increased three times over the last year reflects Barrick's continued strong financial performance.

"The board believes that the current dividend level is justified by the group's profitability, continued reduction in net debt and overall strength of our balance sheet supported by the robust five-year and 10-year plans which we have shared with the market," said Mr. Shuttleworth.