Nordgold Redeems Crew Gold Bonds of US$58.9m

Amsterdam, October 2, 2012 - Nord Gold N.V. (Nordgold, LSE: NORD), an independent, internationally diversified, pure-play gold producer strategically focused on emerging markets, announces the full and timely redemption of bonds by its subsidiary, Crew Gold Corp (CGC).

CGC had US Dollar and Norwegian Krona nominated bonds in issue with maturity in September 2012. The total nominal value of the bonds was US$58.9m (as per exchange rate at redemption).

After redemption of these bonds, Nordgold Group’s debt portfolio contains only long-term obligations.

Crew Gold Corp is the operator and 100% owner of the Lefa project in Guinea. Nordgold has incrementally acquired a 100% share in CGC between 2010 and 2011.

CONTACTS

Anastasia Shatskaya

Acting Head of Media Relations
tel.+7 495 644 44 73 #707 6697

Irina Dormidontova

RECRUITMENT MANAGER
tel.+7 495 644 44 73

OLEG BAZALEEV

HEAD OF SUSTAINABLE DEVELOPMENT PROJECTS
tel.+7 495 644 4473 #707 6746