IAMGOLD Corporation

IAMGOLD Corporation

December 08, 2005 17:02 ET

IAMGOLD Declares Annual Dividend

TSX Trading Symbol: IMG
AMEX Trading Symbol: IAG
Fully Diluted Shares Outstanding 151.7MM

TORONTO, ONTARIO--(December 8, 2005) - IAMGOLD Corporation ("IAMGOLD" or "the Company")
and the Board of Directors are pleased to announce an annual dividend payment
of CAD$0.07 per share on January 10, 2006 to shareholders of record as of
January 3, 2006.

William Pugliese, Chairman of the Board said: "We are pleased to continue
IAMGOLD's Dividend Policy with the fifth consecutive annual dividend to
shareholders. This current year and our recent activities are examples of
IAMGOLD's focus on continuing to build and grow through acquisition, reserve
expansions, and significant cash flow from operations and our remaining
royalties. The annual distribution of a dividend delivers a direct financial
return and represents our philosophy to provide income as well as capital
appreciation to shareholders."

The dividend will be distributed in Canadian funds to all shareholders
except those registered in the United States. United States registered
shareholders will receive the dividend in U.S. funds based on the U.S. to
Canadian dollar exchange rate as issued by the Bank of Canada at the close of
business on the record date, January 3, 2006.

The Board of Directors also announces their acceptance of the resignation
of Jack Boultbee, director since 1995. William Pugliese, on behalf of the
Board, thanks Mr. Boultbee for his long standing service and guidance as a
director of IAMGOLD.

Please note:

This entire press release may be accessed via fax, e-mail, IAMGOLD's website at www.iamgold.com and through CCNMatthews' website at www.ccnmmathews.com. All material information on IAMGOLD can be found at www.sedar.com or at www.sec.gov.

Contact Information

  • IAMGOLD Corporation
    Joseph Conway
    President and CEO
    Tel: (416) 360-4710
    Fax: (416) 360-4750

    Lisa Doddridge
    Manager, Investor Relations
    Toll-free: 1-888-IMG-9999