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Nordgold Appoints Chief Financial Officer

Nordgold Appoints Chief Financial Officer

Amsterdam, Netherlands, November 20, 2014 – Nord Gold N.V. (“Nordgold” or the “Company”, LSE: NORD), the internationally diversified, pure-play gold producer, is pleased to announce the appointment of Dmitry Guzeev as Nordgold’s Chief Financial Officer ("CFO") with immediate effect.

Dmitry joined Nordgold in July 2013 as the Head of Corporate Reporting. He was appointed Acting Chief Financial Officer of Nordgold in May 2014. Prior to joining Nordgold, Dmitry was Head of Corporate Reporting at SIBUR, Russia’s largest gas processing business and a leader in the Russian petrochemicals industry. Dmitry has also worked at Deloitte and Arthur Andersen. Dmitry holds a Degree in International Economics from the State Finance Academy (Russia) and is a CPA since 2005.

“I am delighted with Dmitry’s appointment as our new CFO. He has already made a considerable contribution to the Company since joining in 2013 and he will be a valuable addition to the executive team. Dmitry brings with him a strong track record and proven expertise. He will be instrumental in ensuring Nordgold meets its long term objectives — delivering operational excellence and long term shareholder value.” Nikolai ZelenskiChief Executive Officer of Nordgold

About Nordgold

Nordgold (LSE: NORD) is a pure-play emerging-markets gold producer established in 2007. The Company has expanded rapidly through acquisitions and organic investment, achieving a rate of growth unmatched in the industry during that period. In 2013 Nordgold’s gold production was 924.4 koz, up from 717 Koz in 2012. The Company operates 9 active mines and has 2 development projects, 4 advanced exploration projects and a diverse portfolio of early exploration projects and licenses in Russia, Kazakhstan, Burkina Faso, Guinea and French Guiana. Nordgold employs about 10,000 people.

About Buryatzoloto

Buryatzoloto OJSC is listed on Russian stock exchange MICEX and operates two mature underground gold mines — Irokinda and Zun-Holba — located in the Republic of Buryatia in Russia. These assets were acquired by Nordgold in late 2008 as part of the controlling interest in High River Gold. In 2013, Buryatzoloto produced 98.5 thousand ounces of gold equivalent. Buryatzoloto employs about 3,000 people.