12 May 2014

               African Barrick Gold plc (the "Company" or "ABG")

                    Conversion Rate for 2013 Final Dividend

Further to the announcement of the arrangements for the 2013 final dividend
provided with the Company's annual report, ABG has determined that the exchange
rate to be applied to the 2013 final dividend is £1=US$1.6851. The sterling
equivalent of the dividend of 2.0 cents per share will be approximately 1.2
pence per share.

The final dividend will be paid on 23 May 2014 to shareholders on the register
on 2 May 2014.
distributed by