Mr. Ankit Shah reports

NEW GOLD COMPLETES 100% CONSOLIDATION OF THE FREE CASH FLOW INTEREST IN ITS NEW AFTON MINE

New Gold Inc.'s previously announced agreement with Ontario Teachers' Pension Plan to acquire the remaining 19.9-per-cent free cash flow interest in the company's New Afton mine has now closed. The company has now fully consolidated its free cash flow interest in New Afton to 100 per cent and terminated all existing agreements with respect to Ontario Teachers' free cash flow interest in New Afton.

About New Gold Inc.

New Gold is a Canadian-focused intermediate mining company with a portfolio of two core producing assets in Canada, the New Afton copper-gold mine and the Rainy River gold mine. New Gold's vision is to be the most valued intermediate gold and copper producer through profitable and responsible mining for its shareholders and stakeholders.