African Barrick Gold to wave farewell to CFO

African Barrick Gold (ABG) has announced that its Executive Director and Chief Financial Officer, Kevin Jennings, has informed the company that he intends to leave the group in order to take up a similar role at another miner.

The current Vice President of Finance, Jaco Maritz, will assume the day-to-day responsibilities of CFO.

Jennings will remain with ABG as part of the team overseeing the completion of the initial stages of the operational review.

Kevin Jennings, said: "It has been a difficult decision to leave ABG, a company

with both great assets and people. I have taken real pleasure over the past

three years in seeing the business develop and believe ABG will continue to

build on the strong platform we have established."

Greg Hawkins, Chief Executive Officer, added: "I have thoroughly enjoyed

working with Kevin over the past few years as we have progressed ABG. Whilst we

are naturally disappointed to see Kevin leave us, we understand his wish to

pursue this new opportunity in his native Canada and wish him all of the best

in his new venture."

NR