Notice to former shareholders of Red Back Mining Inc.

Toronto, Ontario - December 14, 2010 - Kinross Gold Corporation (TSX: K, NYSE:KGC) would like to provide a reminder of the approaching deadline for certain former common shareholders of Red Back Mining Inc. to make a joint tax election to obtain a deferral on capital or income gains that would otherwise be realized from the exchange of shares resulting from the acquisition by Kinross of the shares of Red Back effective September 17, 2010. The deadline for providing the requisite tax information to Kinross is December 16, 2010. Details regarding the tax election, including eligibility, are contained in the offer documents and may be obtained at https://www.taxelection.ca/kinrossredback.

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Notice to former shareholders of Red Back Mining Inc.

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