Ms. Kathy du Plessis reports

BARRICK ANNOUNCES PARTIAL MONETIZATION OF INVESTMENT IN SHANDONG GOLD AND CONTINUING STRONG PARTNERSHIP

Barrick Gold Corp. has sold 79,268,800 shares of Shandong Gold Mining Co. Ltd. at a price of $20.50 (Hong Kong) per share for gross proceeds of approximately $210-million (U.S.). Barrick purchased the shares in the fourth quarter of 2018 at a cost basis of $10.50 (Hong Kong) per share.

Barrick continues to hold 10.25 million shares of Shandong Gold, representing a 2.05-per-cent interest in Shandong Gold's Hong Kong listed (H-class) shares, reaffirming its commitment to the strong existing long-term strategic partnership between the two companies.

The shares were sold by an accelerated book-building process, and were placed primarily with new and existing institutional shareholders of Shandong Gold. Morgan Stanley & Co. International PLC acted as Barrick's sole placing agent for the process.

A disclosure of interests form will be filed by Barrick in accordance with Hong Kong securities laws.

We seek Safe Harbor.