Gold share rally may continue, analysts say

Berger amp; Montague, P.C. and Reginald H. Howe
Sue Kinross Gold Corp. And Related Persons
on Behalf of Unaffiliated Investors in Kinam Gold Inc.

PHILADELPHIA, April 30 /PRNewswire/ -- On April 26, 2002,
the law firm of Berger amp; Montague, P.C. and attorney Reginald
H. Howe, through the Nevada law firm of Kummer Kaempfer
Bonner amp; Renshaw, filed a class action suit against Kinross
Gold Corp. (quot;Kinrossquot;) (Amex: KGC - news), Kinross Gold
U.S.A. Inc. (quot;Kinross USAquot;), Kinam Gold Inc. (quot;Kinamquot;)
(Amex: KGC.pb - news) and Robert M. Buchan, Chairman
amp; Chief Executive Officer of Kinross, in the United States
District Court for Nevada on behalf of all persons or entities
unrelated to Kinross who now hold Kinam Preferred Stock
or who tendered Kinam Preferred Stock to the issuer
tender offer (the quot;Tender Offerquot;) by Kinross USA effected
February-March 2002.

A copy of the complaint filed in this action is available from
the Court, or can be viewed at (a href=http://www.bergermontague.comhttp://www.bergermontague.com/a)
or at (a href=http://www.goldensextant.comhttp://www.goldensextant.com/a).

The Complaint alleges that defendants, over an extended time
frame and in numerous separate steps, breached the terms
of the Kinam Preferred Stock, breached the fiduciary duties
owed by control persons and major shareholders to other
shareholders, violated the quot;best price rulequot; promulgated under
Section 13(e) of the Securities Exchange Act of 1934 (the
quot;Exchange Actquot;), violated anti-fraud provisions of rules
promulgated under Sections 10(b), 13(e) and 14(c) of the
Exchange Act, violated the anti-racketeering law set forth
in Section 207 of the Nevada Revised Statutes, committed
common law fraud, and violated New York Stock Exchange
Rule 311.03.

Since the 1998 merger pursuant to which Kinross acquired
control of Kinam, as alleged in the complaint, Kinross has
consistently and repeatedly acted to impair the value of
Kinam Preferred Stock in order to facilitate a subsequent
purchase at an unfair price, culminating in the coercive
and illegal Tender Offer of February-March 2002.

If you now hold shares of Kinam Preferred Stock, or if you
tendered shares of Kinam Preferred Stock to the Tender
Offer, you may, no later than 60 days from today, move
to be appointed as a Lead Plaintiff. A Lead Plaintiff is a
representative party that acts on behalf of other class
members in directing the litigation.

If you hold or tendered Kinam Preferred Stock, please
contact Berger amp; Montague, P.C. at investorprotect@bm.net
for a more thorough explanation of the Lead Plaintiff selection
process.

The law firm of Berger amp; Montague, P.C. has over 50
attorneys, all of whom represent plaintiffs in complex litigation.
The Berger firm has extensive experience representing
plaintiffs in class action securities litigation and has played
lead roles in major cases over the past 25 years which have
resulted in recoveries of several billion dollars to investors.

The firm is currently representing investors as lead counsel
in actions against Rite Aid, Sotheby's, Waste Management
Inc., Sunbeam, Boston Chicken, and IKON Office Solutions
Inc.

The standing of Berger amp; Montague, P.C. in successfully
conducting major securities and antitrust litigation has been
recognized by numerous courts. For example:

quot;Class counsel did a remarkable job in representing the
class interests.quot; -- In Re: IKON Offices Solutions Securities
Litigation. Civil Action No. 98-4286(E.D.Pa.) (partial settlement
for $111 million approved May, 2000).

quot;...[Y]ou have acted the way lawyers at their best ought to
act. And I have had a lot of cases ... in 15 years now as a
judge and I cannot recall a significant case where I felt people
were better represented than they are here... I would say this
has been the best representation that I have seen.quot; -- In Re:
Waste Management, Inc. Securities Litigation, Civil Action
No. 97-C 7709 (N.D. Ill.) (settled in 1999 for $220 million).

If you now hold shares of Kinam Preferred Stock, or if you
tendered shares of Kinam Preferred Stock to the Tender Offer,
please visit our website at www.bergermontague.com to view
the complaint and join the class action. If you have any questions
concerning this notice or your rights with respect to this matter,
please contact:

Merrill G. Davidoff, Esquire
Jacob A. Goldberg, Esquire
Kimberly A. Walker, Investor Relations Manager
Berger amp; Montague, P.C.
1622 Locust Street
Philadelphia, PA 19103
Phone: 888-891-2289 or 215-875-3000
Fax: 215-875-5715
Website: a href=http://www.bergermontague.comhttp://www.bergermontague.com/a
e-mail: InvestorProtect@bm.net