Toronto, Ontario -- Kinross Gold Corporation (Kinross) today announced a small shareholder buying/ selling program that enables registered and beneficial holders who owned less than 99 or fewer common shares of Kinross Gold Corporation as of January 4, 2001, to sell their shares or to purchase additional shares in order to round up to a "board-lot" of 100 shares without incurring any brokerage commission. The sale of these shares will be executed through the facilities of The Toronto Stock Exchange.

The voluntary program is open to shareholders of record as of January 4, 2001. The program begins on January 4, 2001, and will expire on March 5, 2001 at 4:00 p.m. Eastern Standard Time unless extended. Both registered and beneficial holders of the shares held in nominee form are eligible to participate. Material will be forwarded to eligible shareholders indicating how they can participate and other details about the program.

Kinross Gold Corporation has retained Georgeson Shareholder Communications Canada, Inc. of Toronto, Ontario, to manage the program and to handle share transactions and payment. Questions regarding the program should be directed to Georgeson Shareholder Communications Canada, Inc. at 1-800-890-1037.

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