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OceanaGold Announces Exercise of Greenshoe Option

10 February 2006

OceanaGold Announces Exercise of Greenshoe Option on Convertible Notes Issue

OceanaGold today announced that Barclays Capital has exercised its option to acquire an additional A$10 million of the 5.75% Convertible Notes due 2012. The exercise of the option brings the total amount of gross proceeds from the offering to A$55 million. Application will be made for the Bonds to be listed on the Stock Exchange of Singapore. Barclays Capital is the Sole Bookrunner and Lead Manager for the offering.

ENDS


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