Kinross Gold Corporation
NYSE : KGC
TSX : K

Kinross Gold Corporation

February 21, 2008 20:29 ET

CORRECTION: Kinross Reports Record 2007 Revenue, Increased Reserves

Significant production growth expected this year Company declares first-ever dividend

TORONTO, ONTARIO--(Marketwire - Feb. 21, 2008) - A correction is issued with respect to the release disseminated on February 21, 2008 at 1856 ET. The figure in the Proven and Probable Mineral Reserves table - Gold section, specifically for the Maricunga Area Proven and Probable Ounces, read 6,554 but should have read 6,445. The corrected table follows. Marketwire apologizes for any inconvenience this may have caused.



Gold
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PROVEN AND PROBABLE MINERAL RESERVES (1,3,5,6,7)
Kinross Gold Corporation's Share at December 31, 2007
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Kinross Proven
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Property Location Interest Tonnes Grade Ounces
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(%) (x 1,000) (g/t) (x 1,000)
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NORTH AMERICA
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Fort Knox Area USA 100.0% 136,817 0.43 1,894
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Kettle River Area USA 100.0% 45 10.63 15
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Round Mountain Area USA 50.0% 29,545 0.72 686
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SUBTOTAL 166,407 0.49 2,595
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SOUTH AMERICA
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Cerro Casale Chile 49.0% 100,450 0.71 2,306
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Crixas Brazil 50.0% 2,280 4.02 295
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La Coipa Chile 100.0% 13,352 1.42 611
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Maricunga Area Chile 100.0% 177,698 0.77 4,383
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Paracatu Brazil 100.0% 1,264,095 0.39 16,013
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SUBTOTAL 1,557,875 0.47 23,608
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ASIA
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Julietta Russia 90.0% 36 17.41 20
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Kupol Russia 75.0% 435 19.50 273
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SUBTOTAL 471 19.35 293
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TOTAL GOLD 1,724,753 0.48 26,496
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Probable Proven and Probable
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Property Tonnes Grade Ounces Tonnes Grade Ounces
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(x 1,000) (g/t) (x 1,000) (x 1,000) (g/t) (x 1,000)
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NORTH AMERICA
Fort Knox Area 104,098 0.59 1,962 240,915 0.50 3,856
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Kettle River Area 1,948 15.57 975 1,993 15.46 990
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Round Mountain Area 41,323 0.57 756 70,868 0.63 1,442
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SUBTOTAL 147,369 0.78 3,693 313,776 0.62 6,288
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SOUTH AMERICA
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Cerro Casale 406,700 0.68 8,932 507,150 0.69 11,238
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Crixas 601 5.04 97 2,881 4.23 392
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La Coipa 6,450 1.33 275 19,802 1.39 886
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Maricunga Area 101,804 0.63 2,062 279,502 0.72 6,445
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Paracatu 161,608 0.39 2,000 1,425,703 0.39 18,013
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SUBTOTAL 677,163 0.61 13,366 2,235,038 0.51 36,974
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ASIA
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Julietta 68 16.18 35 104 16.60 55
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Kupol 6,387 14.64 3,007 6,822 14.95 3,280
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SUBTOTAL 6,455 14.66 3,042 6,926 14.98 3,335
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TOTAL GOLD 830,987 0.75 20,101 2,555,740 0.57 46,597
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