Kinross Shareholders Approve the Consolidation and Deconsolidationof its Common Shares

Toronto, Ontario - Kinross Gold Corporation (TSX-K; NYSE-KGC)("Kinross") held a special meeting of its shareholders today at which they approved an amendment to the Company's articles to effect a consolidation (reverse split) of its common shares on a 100:1 basis, followed by an immediate deconsolidation (split) of such shares on a 1:100 basis. The effective date for the consolidation has changed and will now take place on Sunday, December 5, 2004 and the deconsolidation will follow immediately on Monday, December 6, 2004 at 12:01 am.

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Kinross Shareholders Approve the Consolidation and Deconsolidationof its Common Shares

Distribution channels: Mining Industry

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