Nord Gold : Nordgold Presentation to the Denver Gold Forum

Nordgold Presentation to the Denver 2016 Gold Forum

A high growth international gold producer with a near-term pipeline of low cost, de-risked development opportunities

· COO Louw Smith presents to the Denver Gold Forum today in Colorado Springs, Colorado

· Nordgold remains focused on generating free cash flow at all 9 mine sites

· On-going productivity improvement and efficiency programmes delivering further margin improvement

· Delivery on growth pipeline with launch of Bouly mine in Burkina Faso and construction of Gross in Russia

Colorado Springs, Colorado, 19 September 2016- Nord Gold SE ('Nordgold' or the 'Company', LSE: NORD), the internationally diversified low-cost gold producer, announces that Louw Smith, Chief Operating Officer, will present to the Denver Gold Forum today.

The Denver Gold Forum presentation follows the announcement of Nordgold's half year results on August 30th, 2016, in which the Company reported a 29% increase in Net profit QoQ to US$53.1 million, reflecting its high-quality asset base, operational excellence and proven ability to drive down costs.

Mr Smith will explain how Nordgold's focus on free cash flow and maintaining its position as a low cost producer compared to peers are central to its strategy. Nordgold is targeting positive free cash flow across all nine operating mine sites to ensure it has a robust balance sheet and strong liquidity control.

He will also talk about the margin improvements and profitable extension of existing operations achieved through continuous productivity improvement programmes, development projects at operating mines and near-mine exploration success. He will highlight the successful introduction of HiTeCC (Hot Leach) technology at Nordgold's Suzdal mine (Kazakhstan) in particular, which is expected to increase production and reduce life-of-mine all-in sustaining costs. The introduction of HiTeCC is consistent with the Company's strategy to maximize returns from its operating assets through proactive management and innovative technology where applicable.

Finally, Mr Smith will outline how Nordgold has delivered on its international, low cost, de-risked development pipeline, with the first gold pour at Nordgold's new Bouly heap leach operation in Burkina Faso achieved and construction of the Gross mine in Russia on track. In addition to the Montagne d'Or (French Guyana) Feasibility Study is on schedule while the Company continues to see promising results from its on-going exploration programme at Pistol Bay (Canada). Mr Smith will note these projects are highly capital efficient, competitively positioned at the low end of the cost curve requiring Nordgold to commit low capex per ounce of production.

Mr Smith will state this proven ability to operate with a low cost base, and the compelling financial metrics which underpin its development pipeline, gives Nordgold confidence it will continue to generate returns for investors.

No new material financial or trading information will be disclosed during the presentation. A copy of the presentation will be available to download from the Nordgold website from midday.

About Nordgold

Nordgold (LSE: NORD) is an internationally diversified low-cost gold producer established in 2007 and publicly traded on the London Stock Exchange. Nordgold has a proven track record of operational excellence and benefits from a significant international development pipeline. The Company is relentlessly focused on shareholder value, committed to running safe, efficient, profitable operations, which enable it to generate strong cash flows and in turn, continue to invest in its pipeline of new growth opportunities while generating returns for investors. In 2015, Nordgold produced 950 koz of gold with all-in sustaining costs of US$793 per ounce, maintaining its position at the lower end of the global cost curve.

Nordgold operates 9 mines (5 in Russia, 2 in Burkina Faso and one each in Guinea and Kazakhstan). It has oneproject in construction phase(Gross in Russia), several prospective projects in feasibility study and preliminary economic assessment/advanced exploration phase and a diverse portfolio of early-stage exploration projects and licences in Burkina Faso, Russia, French Guiana and Canada. Nordgold employs over 8,000 people.

For further information on Nordgold please visit the Company's website:www.nordgold.com

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Cautionary Note Regarding Forward-Looking Statements

The accompanying document has been prepared by Nord Gold SE, a company existing under the laws of the United Kingdom (the 'Company' or 'Nordgold' and, together with its subsidiaries, the 'Group'), and is for informational purposes only. While information in this document is obtained from sources believed by the Company to be reliable, the Company has not undertaken an independent verification of such information, and no assurance can be provided as to the accuracy or completeness of any such information.

Certain statements in this document are not historical facts and constitute 'forward-looking' statements regarding future events or the future financial performance of the Group, including within the meaning of Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the United States Securities Exchange Act of 1934, as amended. Such forward looking statements may be identified by terms such as 'expect', 'believe', 'estimate', 'anticipate', 'intend', 'will', 'could', 'may', or 'might', the negative of such terms or other similar expressions. These forward-looking statements include matters that are not historical facts and statements regarding the Group's intentions, beliefs or current expectations concerning, among other things, the Group's results of operations, financial condition, liquidity, prospects, growth, strategies, and the industry in which the Group operates. By their nature, forward-looking statements involve risks and uncertainties, because they relate to events and depend on circumstances that may or may not occur in the future. Forward-looking statements are not guarantees of future performance, and the Groups' actual results of operations, financial condition, liquidity, prospects, growth, strategies and the development of the industry in which the Group operates may differ materially from those described in or suggested by the forward-looking statements contained in these materials. In addition, even if the Group's results of operations, financial condition, liquidity, prospects, growth, strategies and the development of the industry in which the Group operates are consistent with the forward-looking statements contained in these materials, those results or developments may not be indicative of results or developments in future periods. Any such statements speak as of the date on which they are made, and the Company does not undertake any obligation to update any such statements to reflect information, events, results or circumstances after the date on which it is made or to reflect the occurrence of unanticipated events, except as may be required by applicable law. Many factors could cause the actual results to differ materially from those contained in forward-looking statements of the Company, including, among others, general economic conditions, the competitive environment, risks associated with operating in the states where the Group operates, changes in the world gold market, as well as many other risks specifically related to the Group and its operations. Many of these assumptions are based on factors and events that are not within the control of Nordgold and there is no assurance that they will prove correct. New risks and uncertainties emerge from time to time, and it is not possible for management to predict all of such risk factors and to assess in advance the impact of each such factor on Nordgold's business or the extent to which any factor, or combination of factors, may cause actual realities to differ materially from those contained in any forward-looking information. Actual performance or achievement could differ materially from that expressed in, or implied by, any forward-looking information in this document and, accordingly, investors should not place undue reliance on any such forward-looking information.

The information in these materials is provided as at the date hereof, and is subject to verification, completion and change. Accordingly, no representation or warranty, express or implied, is made or given by or on behalf of the Company or any of its shareholders, directors, officers or employees or any other person as to the accuracy, completeness or fairness of the information or opinions contained in these materials, and no reliance may be placed for any purposes whatsoever on the information contained in this presentation or on its completeness, accuracy or fairness. None of the Company or any of its shareholders, directors, officers or any other person accepts any liability whatsoever for any loss howsoever arising from any use of the contents of these materials or otherwise arising in connection therewith.