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<SEC-DOCUMENT>0000909567-07-001398.txt : 20071109
<SEC-HEADER>0000909567-07-001398.hdr.sgml : 20071109
<ACCEPTANCE-DATETIME>20071109153919
ACCESSION NUMBER:		0000909567-07-001398
CONFORMED SUBMISSION TYPE:	SC14D1F
PUBLIC DOCUMENT COUNT:		5
FILED AS OF DATE:		20071109
DATE AS OF CHANGE:		20071109

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARIZONA STAR RESOURCE CORP /FI
		CENTRAL INDEX KEY:			0000809103
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 8880 [8880]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			0430

	FILING VALUES:
		FORM TYPE:		SC14D1F
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-82578
		FILM NUMBER:		071231320

	BUSINESS ADDRESS:	
		STREET 1:		401 BAY STREET
		STREET 2:		SUITE 2700 - BOX 152
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5H 2Y4
		BUSINESS PHONE:		4163597800

	MAIL ADDRESS:	
		STREET 1:		401 BAY STREET
		STREET 2:		SUITE 2700 - BOX 152
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5H 2Y4

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ARIZONA STAR RESOURCE CORP                              /FI
		DATE OF NAME CHANGE:	19870109

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BARRICK GOLD CORP
		CENTRAL INDEX KEY:			0000756894
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC14D1F

	BUSINESS ADDRESS:	
		STREET 1:		BCE PLACE, CANADA TRUST TOWER
		STREET 2:		161 BAY STREET SUITE 3700
		CITY:			TORONTO ONTARIO CANA
		STATE:			A6
		ZIP:			M5J2S1
		BUSINESS PHONE:		4163077470

	MAIL ADDRESS:	
		STREET 1:		BCE PLACE, CANADA TRUST TOWER
		STREET 2:		P O BOX 212 TORONTO
		CITY:			ONTARIO M5J2S1
		STATE:			A6
		ZIP:			M5J2S1

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BARRICK RESOURCES CORP
		DATE OF NAME CHANGE:	19860109
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC14D1F
<SEQUENCE>1
<FILENAME>o38371sc14d1f.htm
<DESCRIPTION>SC14D1F
<TEXT>
<HTML>
<HEAD>
<TITLE>sc14d1f</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">






<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>United States Securities and Exchange Commission</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>Schedule&nbsp;14D-1F</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>TENDER
OFFER STATEMENT PURSUANT TO RULE 14d-1(b) UNDER<br>THE SECURITIES EXCHANGE ACT
OF 1934</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>ARIZONA STAR RESOURCE CORP.</B><BR>
<DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 0pt"><b>(Name of Subject Company)</b></DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>British Columbia, Canada<BR>
<DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</B>
</div>
<DIV align="center" style="font-size: 10pt; margin-top: 0pt"><B>(Jurisdiction
of Subject Company&#146;s Incorporation or Organization)</b>
</DIV>

<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>BARRICK GOLD CORPORATION</B>
</DIV>

<DIV align="center" style="font-size: 10pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV></DIV>


<DIV align="center" style="font-size: 10pt">(Bidder)</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>Common Shares Without Par Value</B><BR>
<DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
(Title of Class of Securities)</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>04059G106</B><BR>
<DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
(CUSIP Number of Class of Securities (if applicable))</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>Sybil E. Veenman<BR>
Vice President, Assistant General Counsel and Secretary<BR>
Brookfield Place, TD Canada Trust Tower<BR>
161 Bay Street, Suite&nbsp;3700<BR>
P.O. Box 212<BR>
Toronto, Ontario, Canada M5J 2S1<BR>
(800)&nbsp;720-7415</B><BR>
<DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
(Name, address (including zip code) and telephone number (including area code) of<BR>
person(s) authorized to receive notices and communications on<BR>
behalf of bidder)</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>November 9, 2007</B><BR>
<DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
(Date tender offer first published, sent or given to shareholders)</DIV>




<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">








<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>CALCULATION OF FILING FEE*</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="48%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="48%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Transaction Valuation</B>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>Amount of Filing Fee</B></TD>
</TR>
<TR valign="bottom">

<TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">U.S.
$247,577,083</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">U.S. $7,601</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<DIV align="left">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left">*</TD>
    <TD>&nbsp;</TD>
    <TD>Calculated in accordance with Rule&nbsp;0-11 of the United States Securities Exchange Act of 1934, as
amended, based on (i)&nbsp;the offer price of Cdn. $18.00 per Common Share of Arizona Star
Resource Corp. and (ii)&nbsp;12,908,394 Common Shares of Arizona Star Resource Corp. estimated to be
held by United States holders as of November 9, 2007, assuming acceptance of the Offer by all
such United States holders of Arizona Star Resource Corp.&#146;s Common Shares. For purposes of this
calculation, Cdn. $1.00 = U.S. $1.0655, which is the inverse of the Federal Reserve Bank of New York&#146;s
Noon Buying Rate for Canadian dollars on November 9, 2007.</TD>
</TR>

</TABLE>



<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><FONT face="Wingdings">&#111;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Check box if any part of the fee is offset as provided by Rule
0-11(a)(2) and identify the filing with which the offsetting
fee was previously paid. Identify the previous filing by
registration statement number, or the Form or Schedule and the
date of its filing.</TD>
</TR>

</TABLE>
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="15%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="29%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="32%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">

<TD nowrap valign="top" colspan="2"><DIV style="margin-left:0px; text-indent:-0px;">Amount Previously Paid:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">Registration No.:</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR style="font-size: 1px">

<TD valign="top" colspan="0"><div style="border-top: 0px solid #000000">&nbsp;</div><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 0px solid #000000">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="10%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="88%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Filing Party:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 0px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="4%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="40%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="43%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Form:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">Date Filed:</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 0px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<!-- TOC -->
<!-- /TOC -->




<!-- link1 "PART I" -->

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>PART I</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>INFORMATION REQUIRED TO BE SENT TO SHAREHOLDERS</B>

</DIV>
<!-- link1 "Item&nbsp;1. Home Jurisdiction Documents" -->

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;1. Home Jurisdiction Documents</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Offer and Circular, dated November 9, 2007, including the Letter of Transmittal and the
Notice of Guaranteed Delivery.
</DIV>
<!-- link2 "Item&nbsp;2. Informational Legends" -->

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;2. Informational Legends</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;See &#147;Notice to Shareholders in the United States&#148; inside the front cover of the Offer and
Circular, dated November 9, 2007.
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 91%; margin-left: 4%"><!-- BEGIN LOGICAL PAGE -->
<DIV style="width: 100%; height: 9in; border-top: 1px solid #000000; padding-top: 12pt; border-right: 1px solid #000000; padding-right: 12pt; border-bottom: 1px solid #000000; padding-bottom: 12pt; border-left: 1px solid #000000; padding-left: 12pt"><!-- Begin box 1 -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><I><FONT style="font-size: 8pt">This document is important
    and requires your immediate attention. If you are in doubt as to
    how to deal with it, you should consult your investment advisor,
    stockbroker, bank manager, trust company manager, accountant,
    lawyer or other professional advisor.</FONT></I></B>
</DIV>

<DIV style="margin-top: 4pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><I><FONT style="font-size: 8pt">This Offer has not been
    approved or disapproved by any securities regulatory authority,
    nor has any securities regulatory authority passed upon the
    fairness or merits of this Offer or upon the adequacy of the
    information contained in this document. Any representation to
    the contrary is an offence.</FONT></I></B>
</DIV>

<DIV style="margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="right" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    November&#160;9, 2007
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <IMG src="o38371o3819000.gif" alt="(BARRICK LOGO)" >
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><FONT style="font-size: 22pt">BARRICK GOLD
    CORPORATION</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><FONT style="font-size: 14pt">OFFER TO PURCHASE FOR
    CASH</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><FONT style="font-size: 11pt">all of the outstanding Common
    Shares</FONT></B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><FONT style="font-size: 11pt">(together with associated
    rights issued under the shareholder rights plan) of</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><FONT style="font-size: 22pt">ARIZONA STAR RESOURCE
    CORP.</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><FONT style="font-size: 11pt">on the basis of</FONT></B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><FONT style="font-size: 11pt">Cdn.$18.00 for each Common
    Share</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Barrick Gold Corporation (&#147;<B>Barrick</B>&#148;) hereby
    offers (the &#147;<B>Offer</B>&#148;) to purchase, on the terms
    and subject to the conditions of the Offer, all of the issued
    and outstanding common shares of Arizona Star Resource Corp.
    (&#147;<B>Arizona Star</B>&#148;) together with the associated
    rights (the &#147;<B>SRP Rights</B>&#148;) issued under the
    shareholder rights plan of Arizona Star (collectively, the
    &#147;<B>Common Shares</B>&#148;), including Common Shares that
    may become issued and outstanding after the date of this Offer
    but before the expiry time of the Offer upon the conversion,
    exchange or exercise of options or other securities of Arizona
    Star that are convertible into or exchangeable or exercisable
    for Common Shares, at a price of Cdn.$18.00 cash per
    Common&#160;Share.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>The Offer is open for acceptance until 8:00&#160;p.m.
    (Toronto time) on December&#160;18, 2007 (the &#147;Expiry
    Time&#148;), unless the Offer is extended or withdrawn.</B>
</DIV>

<DIV style="margin-top: 9pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-top: 1px solid #000000; padding-top: 6pt; border-right: 1px solid #000000; padding-right: 6pt; border-bottom: 1px solid #000000; padding-bottom: 6pt; border-left: 1px solid #000000; padding-left: 6pt"><!-- Begin box 2 -->

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>The Board of Directors of Arizona Star, upon consultation
    with its financial and legal advisors and on receipt of a
    recommendation of its special committee, has UNANIMOUSLY
    DETERMINED that the Offer is in the best interests of Arizona
    Star and holders of Common Shares (the &#147;Shareholders&#148;)
    and, accordingly, the Board of Directors of Arizona Star
    UNANIMOUSLY RECOMMENDS that Shareholders ACCEPT the Offer and
    DEPOSIT their Common Shares under the Offer.</B>
</DIV>
</DIV><!-- End box 2 -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The Common Shares are listed on the TSX Venture Exchange (the
    &#147;<B>TSXV</B>&#148;) and on the American Stock Exchange
    (the&#160;&#147;<B>AMEX</B>&#148;) under the symbol
    &#147;AZS&#148;. <B>The Offer represents a premium of 27% over
    the volume weighted average trading price of the Common Shares
    on the TSXV for the 20 trading days ending on October&#160;26,
    2007, the last trading day prior to Barrick&#146;s announcement
    of its intention to make the Offer.</B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Barrick and Arizona Star have entered into a support agreement
    dated October&#160;28, 2007 (the &#147;<B>Support
    Agreement</B>&#148;) pursuant to which Barrick has agreed to
    make the Offer and Arizona Star has agreed to support the Offer
    and not solicit any competing acquisition proposals. See
    Section&#160;5 of the accompanying circular (the
    &#147;<B>Circular</B>&#148;), &#147;Support Agreement&#148;.
    Pursuant to
    <FONT style="white-space: nowrap">lock-up</FONT>
    agreements entered into with Barrick, all of the directors and
    senior officers of Arizona Star as well as FCMI Resources Ltd.
    have agreed to deposit under the Offer and not withdraw, subject
    to certain exceptions, Common Shares collectively representing,
    in aggregate, approximately 35% of the outstanding Common Shares
    (calculated on a fully diluted basis).
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The Offer is conditional on, among other things, there having
    been validly deposited under the Offer and not withdrawn at the
    Expiry Time such number of Common Shares that constitutes at
    least
    66<FONT style="vertical-align: top; font-size: 70&#37;">2</FONT>/<FONT style="font-size: 70&#37;">3</FONT>%
    of the Common Shares then outstanding (calculated on a fully
    diluted basis). Subject to applicable laws, Barrick reserves the
    right to withdraw the Offer and to not take up and pay for any
    Common Shares deposited under the Offer unless each of the
    conditions of the Offer is satisfied or waived at or prior to
    the Expiry Time.
</DIV>
</DIV><!-- End box 1 -->

<P align="left" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Shareholders who wish to accept the Offer must properly complete
    and execute the accompanying Letter of Transmittal (printed on
    YELLOW paper) or a manually executed facsimile thereof and
    deposit it, at or prior to the Expiry Time, together with
    certificate(s) representing their Common Shares and all other
    required documents with Kingsdale Shareholder Services Inc. (the
    &#147;<B>Depositary</B>&#148;) at its office in Toronto, Ontario
    set out in the Letter of Transmittal, in accordance with the
    instructions in the Letter of Transmittal. Alternatively,
    Shareholders may: (1)&#160;accept the Offer by following the
    procedures for book-entry transfer of Common Shares set out in
    Section&#160;3 of the Offer, &#147;Manner of
    Acceptance&#160;&#151; Acceptance by Book-Entry Transfer&#148;;
    or (2)&#160;follow the procedure for guaranteed delivery set out
    in Section&#160;3 of the Offer, &#147;Manner of
    Acceptance&#160;&#151; Procedure for Guaranteed Delivery&#148;,
    using the accompanying Notice of Guaranteed Delivery (printed on
    PINK paper) or a manually executed facsimile thereof.
    <B>Shareholders will not be required to pay any fee or
    commission if they accept the Offer by depositing their Common
    Shares directly with the Depositary.</B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>Shareholders whose Common Shares are registered in the name
    of an investment advisor, stockbroker, bank, trust company or
    other nominee should immediately contact that nominee for
    assistance if they wish to accept the Offer in order to take the
    necessary steps to be able to deposit such Common Shares under
    the Offer.</B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Questions and requests for assistance may be directed to the
    Information Agent and Depositary. Additional copies of this
    document, the Letter of Transmittal and the Notice of Guaranteed
    Delivery may also be obtained without charge from the
    Information Agent and Depositary. The contact details for the
    Information Agent and Depositary are provided at the end of this
    document.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    No broker, dealer, salesperson or other person has been
    authorized to give any information or make any representation
    other than those contained in this document, and, if given or
    made, such information or representation must not be relied upon
    as having been authorized by Barrick, the Information Agent or
    the Depositary.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>This document does not constitute an offer or a solicitation
    to any person in any jurisdiction in which such offer or
    solicitation is unlawful. The Offer is not being made to, nor
    will deposits be accepted from or on behalf of, Shareholders in
    any jurisdiction in which the making or acceptance thereof would
    not be in compliance with the laws of such jurisdiction.
    However, Barrick may, in its sole discretion, take such action
    as it may deem necessary to extend the Offer to Shareholders in
    any such jurisdiction.</B>
</DIV>

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">NOTICE TO
    SHAREHOLDERS IN THE UNITED STATES</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>This Offer is made for the securities of a Canadian issuer by
    a Canadian issuer. The Offer is subject to applicable disclosure
    requirements in Canada. Shareholders should be aware that these
    requirements are different from those in the United States.</B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>Shareholders in the United States should be aware that the
    disposition of Common Shares by them as described herein may
    have tax consequences both in the United States and in Canada.
    Such consequences may not be fully described herein and such
    holders are urged to consult their tax advisors. See
    Section&#160;19 of the Circular, &#147;Certain Canadian Federal
    Income Tax Considerations&#148;, and Section&#160;20 of the
    Circular, &#147;Certain United States Federal Income Tax
    Considerations&#148;.</B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>Shareholders in the United States should be aware that
    Barrick or its affiliates, directly or indirectly, may bid for
    or make purchases of Common Shares or of Arizona Star&#146;s
    related securities during the period of the Offer, as permitted
    by applicable Canadian laws or provincial laws or
    regulations.</B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>The enforcement by Shareholders of civil liabilities under
    United States federal securities laws may be affected adversely
    by the fact that Barrick is incorporated under the laws of the
    Province of Ontario, Canada, that Arizona Star is incorporated
    under the laws of British Columbia, Canada, that the majority of
    the officers and directors of Barrick and Arizona Star reside
    outside the United States and that some of the experts named
    herein may reside outside the United States, and that all or a
    substantial portion of the assets of Barrick, Arizona Star and
    the other above-mentioned persons are located outside the United
    States.</B>
</DIV>

<DIV style="margin-top: 24pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">NOTICE TO
    HOLDERS OF OPTIONS</FONT></B>
</DIV>

<DIV style="margin-top: 8pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The Offer is made only for Common Shares and is not made for any
    Options or other securities of Arizona Star that are convertible
    into or exchangeable or exercisable for Common Shares (other
    than SRP Rights). Any holder of Options or other securities of
    Arizona Star that are convertible into or exchangeable or
    exercisable for Common Shares (other than SRP Rights) who wishes
    to accept the Offer must, to the extent permitted by the terms
    of the security and applicable Laws,
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    i
</DIV><!-- END LOGICAL PAGE -->
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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    exercise the Options or other securities of Arizona Star that
    are convertible into or exchangeable or exercisable for Common
    Shares in order to obtain certificates representing Common
    Shares and deposit those Common Shares in accordance with the
    terms of the Offer. Any such exercise must be completed
    sufficiently in advance of the Expiry Time to ensure that the
    holder of such Options or other securities of Arizona Star that
    are convertible into or exchangeable or exercisable for Common
    Shares will have certificates representing the Common Shares
    received on such exercise available for deposit at or prior to
    the Expiry Time, or in sufficient time to comply with the
    procedures referred to under &#147;Manner of
    Acceptance&#160;&#151; Procedure for Guaranteed Delivery&#148;
    in Section&#160;3 of the Offer.
</DIV>

<DIV style="margin-top: 8pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    It is a condition of the Offer that at or prior to the Expiry
    Time all outstanding Options have been exercised in full,
    cancelled or irrevocably released, surrendered or waived or
    otherwise dealt with on terms satisfactory to Barrick, acting
    reasonably. In the
    <FONT style="white-space: nowrap">Lock-Up</FONT>
    Agreement, all of the holders of Options have agreed to
    conditionally exercise their Options and tender the Common
    Shares issued upon such conditional exercise to the Offer.
</DIV>

<DIV style="margin-top: 8pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The tax consequences to holders of Options of exercising their
    Options are not described in &#147;Certain Canadian Federal
    Income Tax Considerations&#148; in Section&#160;19 of the
    Circular or in &#147;Certain United States Federal Income Tax
    Considerations&#148; in Section&#160;20 of the Circular. Holders
    of Options should consult their tax advisors for advice with
    respect to potential income tax consequences to them in
    connection with the decision to exercise or not exercise their
    Options.
</DIV>

<DIV style="margin-top: 24pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">CURRENCY</FONT></B>
</DIV>

<DIV style="margin-top: 8pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>All references to &#147;$&#148;, &#147;Cdn.$&#148; and
    &#147;dollars&#148; in the Offer and the Circular are in
    Canadian dollars, except where otherwise indicated. </B>On
    November&#160;8, 2007, the Bank of Canada noon rate of exchange
    for US dollars was Cdn.$1.00 = US$1.0746.
</DIV>

<DIV style="margin-top: 24pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">FORWARD-LOOKING
    STATEMENTS</FONT></B>
</DIV>

<DIV style="margin-top: 8pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Certain statements contained in the accompanying Offer and
    Circular, including statements made in Section&#160;8 of the
    Circular, &#147;Purpose of the Offer and Plans for Arizona
    Star&#148;, and Section&#160;15 of the Circular,
    &#147;Acquisition of Common Shares Not Deposited&#148;, as well
    as other written statements made or provided or to be made or
    provided by Barrick that are not historical facts are
    &#147;forward-looking statements&#148;. The words
    &#147;expect&#148;, &#147;will&#148;, &#147;intend&#148;,
    &#147;estimate&#148; and similar expressions identify
    forward-looking statements. Forward-looking statements are
    necessarily based upon a number of estimates and assumptions
    that, while considered reasonable by management, are inherently
    subject to significant business, economic and competitive
    uncertainties and contingencies. The reader of this Offer and
    Circular is cautioned that such forward-looking statements
    involve known and unknown risks, uncertainties and other factors
    that may cause the actual financial results, performance or
    achievements of Barrick to be materially different from
    Barrick&#146;s estimated future results, performance or
    achievements expressed or implied by those forward-looking
    statements and the forward-looking statements are not guarantees
    of future performance. These risks, uncertainties and other
    factors include, but are not limited to: changes in the
    worldwide price of certain commodities such as gold, copper,
    silver, fuel, electricity and currency exchange rates; changes
    in interest rates or gold lease rates; risks arising from
    holding derivative instruments; inflationary pressures; ability
    to successfully integrate acquired assets; legislative,
    political and economic developments in the jurisdictions in
    which Barrick or Arizona Star carries on business; changes or
    disruptions in the securities markets; the occurrence of natural
    disasters, hostilities, acts of war or terrorism; the need to
    obtain permits and comply with laws and regulations and other
    regulatory requirements; the possibility that actual results of
    work may differ from projections/expectations or may not realize
    the perceived potential of Arizona Star&#146;s or Barrick&#146;s
    projects; risks of accidents, equipment breakdowns and labour
    disputes or other unanticipated difficulties or interruptions;
    operating or technical difficulties in connection with mining or
    development activities, including conducting such activities in
    remote locations with limited infrastructure; employee relations
    and shortages of skilled personnel and contractors; the
    speculative nature of mineral exploration and development,
    including the risk of diminishing quantities or grades of
    mineralization; adverse changes in Barrick&#146;s credit rating;
    contests over title to properties; and the risks involved in the
    exploration, development and mining business. These factors are
    discussed in greater detail in Barrick&#146;s most recent Annual
    Information Form filed with the Canadian provincial securities
    regulatory authorities and available at <U>www.sedar.com</U>.
</DIV>

<DIV style="margin-top: 8pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Barrick disclaims any intention or obligation to update or
    revise any forward-looking statements whether as a result of new
    information, future events or otherwise, except as required by
    applicable Laws.
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    ii
</DIV><!-- END LOGICAL PAGE -->
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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->
<DIV align="left">
<!-- TOC -->
</DIV>

<DIV align="left">
<A name="tocpage"></A>
</DIV>

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">TABLE OF
    CONTENTS</FONT></B>
</DIV>

<DIV style="margin-top: 15pt; font-size: 1pt">&nbsp;</DIV>



<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
<!-- Table Width Row -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="95%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="4%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=02 type=quadleft -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=02 type=maindata -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=02 type=quadright -->
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    <A HREF='#101'>SUMMARY OF THE OFFER</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    <A HREF='#102'>GLOSSARY</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    <A HREF='#103'>OFFER</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    9
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#104'>1.&#160;The Offer</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    9
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#105'>2.&#160;Time for Acceptance</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    10
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#106'>3.&#160;Manner of Acceptance</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    10
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#107'>4.&#160;Conditions of the Offer</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    14
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#108'>5.&#160;Extension, Variation or Change in
    the&#160;Offer</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    16
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#109'>6.&#160;Take Up and Payment for Deposited Common
    Shares</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    17
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#110'>7.&#160;Return of Deposited Common Shares</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    18
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#111'>8.&#160;Withdrawal of Deposited Common Shares</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    18
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#112'>9.&#160;Changes in Capitalization; Adjustments;
    Liens</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    19
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#113'>10.&#160;Notices and Delivery</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    20
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#114'>11.&#160;Mail Service Interruption</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    21
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#115'>12.&#160;Market Purchases</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    21
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#116'>13.&#160;Other Terms of the Offer</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    21
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    <A HREF='#117'>CIRCULAR</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    23
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#118'>1.&#160;Barrick</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    23
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#119'>2.&#160;Arizona Star</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    23
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#120'>3.&#160;Certain Information Concerning Arizona
    Star and Its Securities</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    23
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#121'>4.&#160;Price Range and Trading Volume of Arizona
    Star Common Shares</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    24
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#122'>5.&#160;Support Agreement</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    25
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#123'>6.&#160;Lock-Up Agreements</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    32
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#124'>7.&#160;Background to the Offer</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    33
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#125'>8.&#160;Purpose of the Offer and Plans for
    Arizona&#160;Star</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    34
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#146'>9.&#160;Shareholder Rights Plan</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    35
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#126'>10.&#160;Regulatory Matters</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    36
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#127'>11.&#160;Source of Funds</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    36
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#128'>12.&#160;Ownership of and Trading in Securities
    of Arizona Star</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    36
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#129'>13.&#160;Commitments to Acquire Securities of
    Arizona Star</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    36
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#130'>14.&#160;Material Changes in Affairs of Arizona
    Star</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    37
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#131'>15.&#160;Acquisition of Common Shares Not
    Deposited</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    37
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#132'>16.&#160;Benefits from the Offer</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    41
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#133'>17.&#160;Agreements, Arrangements or
    Understandings</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    41
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#134'>18.&#160;Effect of the Offer on the Market for
    and Listing of Common Shares and Status as a Reporting Issuer</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    41
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#135'>19.&#160;Certain Canadian Federal Income Tax
    Considerations</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    42
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#136'>20.&#160;Certain United States Federal Income Tax
    Considerations</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    46
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#137'>21.&#160;Acceptance of the Offer</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    48
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#138'>22.&#160;Depositary</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    48
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#139'>23.&#160;Information Agent</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    48
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#140'>24.&#160;Legal Matters</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    48
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#141'>25.&#160;Statutory Rights</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    48
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <A HREF='#142'>26.&#160;Directors&#146; Approval</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    48
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    <A HREF='#143'>CONSENT OF COUNSEL</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    49
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    <A HREF='#144'>APPROVAL AND CERTIFICATE</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    50
</TD>
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    <A HREF='#145'>SCHEDULE A Section&#160;300 of the BCBCA</A>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD>&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    51
</TD>
<TD>&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

</DIV>

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left">
<!-- /TOC -->
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    iii
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->
<DIV style="width: 100%; height: 9in; border-top: 1px solid #000000; padding-top: 12pt; border-right: 1px solid #000000; padding-right: 12pt; border-bottom: 1px solid #000000; padding-bottom: 12pt; border-left: 1px solid #000000; padding-left: 12pt"><!-- Begin box 1 -->


<!-- link1 "SUMMARY OF THE OFFER" -->


<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <A name='101'></A><B><FONT style="font-family: 'Times New Roman', Times">SUMMARY
    OF THE OFFER</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <I>The following is a summary and is qualified in its entirety
    by the detailed provisions contained elsewhere in the Offer and
    Circular. Shareholders are urged to read the Offer and Circular
    in its entirety. Terms defined in the Glossary and not otherwise
    defined in this Summary have the respective meanings given to
    them in the Glossary, unless the context otherwise requires.
    Unless otherwise indicated, the information concerning Arizona
    Star contained in the Offer and Circular has been taken from or
    is based upon publicly available documents and records on file
    with Canadian securities regulatory authorities and other public
    sources available at the time of the Offer. Although Barrick has
    no knowledge that would indicate that any statements contained
    herein relating to Arizona Star taken from or based upon such
    documents and records are untrue or incomplete, neither Barrick
    nor any of its officers or directors assumes any responsibility
    for the accuracy or completeness of such information or for any
    failure by Arizona Star to disclose events or facts that may
    have occurred or may affect the significance or accuracy of any
    such information but that are unknown to Barrick. Unless
    otherwise indicated, information concerning Arizona Star is
    given as of April&#160;30, 2007.</I>
</DIV>

<DIV style="margin-top: 9pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">The
    Offer</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Barrick is offering, upon and subject to the terms and
    conditions of the Offer, to purchase all of the issued and
    outstanding Common Shares of Arizona Star, including Common
    Shares that may become issued and outstanding after the date of
    the Offer but before the Expiry Time upon the conversion,
    exchange or exercise of Options or other securities of Arizona
    Star that are convertible into or exchangeable or exercisable
    for Common Shares, at a price of $18.00 cash per Common Share.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The Offer is made only for Common Shares and is not made for any
    Options or other securities of Arizona Star that are convertible
    into or exchangeable or exercisable for Common Shares (other
    than SRP Rights). Any holder of Options or other securities of
    Arizona Star that are convertible into or exchangeable or
    exercisable for Common Shares (other than SRP Rights) who wishes
    to accept the Offer must, to the extent permitted by the terms
    of the security and applicable Laws, exercise the Options or
    other securities of Arizona Star that are convertible into or
    exchangeable or exercisable for Common Shares in order to obtain
    certificates representing Common Shares and deposit those Common
    Shares in accordance with the terms of the Offer.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>The Offer represents a premium of 27% over the volume
    weighted average trading price of the Common Shares on the TSXV
    for the 20 trading days ending on October&#160;26, 2007, the
    last day prior to Barrick&#146;s announcement of its intention
    to make the Offer.</B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The obligation of Barrick to take up and pay for Common Shares
    under the Offer is subject to certain conditions. See
    Section&#160;4 of the Offer, &#147;Conditions of the Offer&#148;.
</DIV>

<DIV style="margin-top: 9pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">Barrick</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Barrick is a leading international gold mining company, with a
    portfolio of 27 operating mines and nine advanced exploration
    and development projects located across five continents and a
    large land position on the world&#146;s best exploration belts.
    Barrick holds a pre-eminent position within the gold mining
    industry. Barrick&#146;s vision is to be the world&#146;s best
    gold company by finding, acquiring, developing and producing
    quality reserves in a safe, profitable and socially responsible
    manner. See &#147;Barrick&#148; in Section&#160;1 of the
    Circular.
</DIV>

<DIV style="margin-top: 9pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">Arizona
    Star</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Arizona Star is a Canadian mining exploration company that
    currently holds a 51% interest in the Aldebaran Property in
    Chile, which includes the large development stage Cerro Casale
    gold-copper deposit. See &#147;Arizona Star&#148; in
    Section&#160;2 of the Circular.
</DIV>

<DIV style="margin-top: 9pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">Recommendation
    of Arizona Star Board of Directors</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>The Arizona Star Board of Directors, upon consultation with
    its financial and legal advisors and receipt of a recommendation
    of its special committee, has UNANIMOUSLY DETERMINED that the
    Offer is in the best interests of Arizona Star and the
    Shareholders and, accordingly, the Arizona Star Board of
    Directors UNANIMOUSLY RECOMMENDS that Shareholders ACCEPT the
    Offer and DEPOSIT their Common Shares under the Offer. For
    further information, see the Circular, including Section&#160;5
    of the Circular, &#147;Support Agreement&#148;, and see the
    Director&#146;s Circular accompanying this Offer and
    Circular.</B>
</DIV>
</DIV><!-- End box 1 -->

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    1
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->
<DIV style="width: 100%; height: 9in; border-top: 1px solid #000000; padding-top: 12pt; border-right: 1px solid #000000; padding-right: 12pt; border-bottom: 1px solid #000000; padding-bottom: 12pt; border-left: 1px solid #000000; padding-left: 12pt"><!-- Begin box 1 -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">Fairness
    Opinion</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Citigroup Global Markets Inc., the financial advisor to the
    Arizona Star special committee, delivered an opinion to the
    Arizona Star special committee, dated October&#160;28, 2007, to
    the effect that, as of the date of that opinion and based on and
    subject to the assumptions, limitations and qualifications set
    forth in such opinion, the $18.00 cash per Common Share
    consideration to be received under the Offer was fair, from a
    financial point of view, to Shareholders (other than Barrick and
    its affiliates).
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">Support
    Agreement</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Arizona Star has entered into the Support Agreement with Barrick
    which sets out, among other things, the terms and conditions
    upon which the Offer is to be made. Pursuant to the Support
    Agreement, Arizona Star has agreed to support the Offer and not
    solicit competing Acquisition Proposals. See Section&#160;5 of
    the Circular, &#147;Support Agreement&#148;.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times"><FONT style="white-space: nowrap">Lock-Up</FONT>
    Agreements</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Pursuant to the
    <FONT style="white-space: nowrap">Lock-Up</FONT>
    Agreements entered into with Barrick, the
    <FONT style="white-space: nowrap">Locked-Up</FONT>
    Shareholders have agreed to deposit under the Offer and not
    withdraw, subject to certain exceptions, all of the Common
    Shares currently owned or controlled by such
    <FONT style="white-space: nowrap">Locked-Up</FONT>
    Shareholders, being an aggregate of 14,513,900 Common Shares,
    and, where applicable, to exercise or conditionally exercise all
    of the Options currently owned by such
    <FONT style="white-space: nowrap">Locked-Up</FONT>
    Shareholders and to deposit under the Offer and not withdraw,
    subject to certain exceptions, all of the Common Shares issued
    upon such exercise or conditional exercise of Options, being an
    aggregate of 625,000 Common Shares, collectively representing,
    in aggregate, approximately 35% of the outstanding Common Shares
    (calculated on a fully diluted basis). See Section&#160;6 of the
    Circular,
    <FONT style="white-space: nowrap">&#147;Lock-Up</FONT>
    Agreements&#148;.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">Time for
    Acceptance</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The Offer is open for acceptance until 8:00&#160;p.m. (Toronto
    time) on December&#160;18, 2007 or such later time or times and
    date or dates to which the Offer may be extended, unless the
    Offer is withdrawn in accordance with its terms by Barrick.
    Barrick may, in its sole discretion but subject to applicable
    Laws, extend the Expiry Time, as described under
    &#147;Extension, Variation or Change in the Offer&#148; in
    Section&#160;5 of the Offer.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">Manner of
    Acceptance</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    A Shareholder wishing to accept the Offer must properly complete
    and execute a Letter of Transmittal (printed on YELLOW paper) or
    a manually executed facsimile thereof, and deposit it, at or
    prior to the Expiry Time, together with the certificate(s)
    representing such Shareholder&#146;s Common Shares and all other
    required documents with the Depositary at its office in Toronto,
    Ontario set out in the Letter of Transmittal. Detailed
    instructions are contained in the Letter of Transmittal which
    accompanies the Offer. See Section&#160;3 of the Offer,
    &#147;Manner of Acceptance&#160;&#151; Letter of
    Transmittal&#148;.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If a Shareholder wishes to accept the Offer and deposit Common
    Shares under the Offer and the certificate(s) representing such
    Shareholder&#146;s Common Shares are not immediately available,
    or if the certificate(s) and all other required documents cannot
    be provided to the Depositary at or prior to the Expiry Time,
    such Common Shares may nevertheless be validly deposited under
    the Offer in compliance with the procedures for guaranteed
    delivery using the Notice of Guaranteed Delivery (printed on
    PINK paper) or a manually executed facsimile thereof. Detailed
    instructions are contained in the Notice of Guaranteed Delivery
    which accompanies the Offer. See Section&#160;3 of the Offer,
    &#147;Manner of Acceptance&#160;&#151; Procedure for Guaranteed
    Delivery&#148;.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Shareholders may accept the Offer by following the procedures
    for book-entry transfer established by CDS, provided that a
    Book-Entry Confirmation through CDSX is received by the
    Depositary at its office in Toronto, Ontario at or prior to the
    Expiry Time. Shareholders may also accept the Offer by following
    the procedure for book-entry transfer established by DTC,
    provided that a Book-Entry Confirmation, together with an
    Agent&#146;s Message in respect thereof, or a properly completed
    and executed Letter of Transmittal (including signature
    guarantee if required) and all other required documents, are
    received by the Depositary at its office in Toronto, Ontario at
    or prior to the Expiry Time. Shareholders accepting the Offer
    through book-entry transfer must make sure such documents or
    Agent&#146;s Message are received by the Depositary at or prior
    to the Expiry Time.
</DIV>
</DIV><!-- End box 1 -->

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    2
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->
<DIV style="width: 100%; height: 9in; border-top: 1px solid #000000; padding-top: 12pt; border-right: 1px solid #000000; padding-right: 12pt; border-bottom: 1px solid #000000; padding-bottom: 12pt; border-left: 1px solid #000000; padding-left: 12pt"><!-- Begin box 1 -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>Shareholders will not be required to pay any fee or
    commission if they accept the Offer by depositing their Common
    Shares directly with the Depositary.</B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>Shareholders whose Common Shares are registered in the name
    of an investment advisor, stockbroker, bank, trust company or
    other nominee should immediately contact that nominee for
    assistance if they wish to accept the Offer in order to take the
    necessary steps to be able to deposit such Common Shares under
    the Offer.</B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>Shareholders should contact the Information Agent, the
    Depositary or a broker or dealer for assistance in accepting the
    Offer and in depositing Common Shares with the Depositary.</B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">Purpose
    of the Offer and Plans for Arizona Star</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The purpose of the Offer is to enable Barrick to acquire all of
    the outstanding Common Shares of Arizona Star. See
    Section&#160;8 of the Circular, &#147;Purpose of the Offer and
    Plans for Arizona Star&#148; and Section&#160;15 of the
    Circular, &#147;Acquisition of Common Shares Not Deposited&#148;.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">Conditions
    of the Offer</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Barrick reserves the right to withdraw or terminate the Offer
    and not take up and pay for any Common Shares deposited under
    the Offer unless the conditions described in Section&#160;4 of
    the Offer, &#147;Conditions of the Offer&#148;, are satisfied or
    waived by Barrick at or prior to the Expiry Time. The Offer is
    conditional upon, among other things, there having been validly
    deposited under the Offer and not withdrawn at the Expiry Time
    such number of Common Shares which constitutes at least
    66<FONT style="vertical-align: top; font-size: 70&#37;">2</FONT>/<FONT style="font-size: 70&#37;">3</FONT>%
    of the Common Shares then outstanding on a fully diluted basis.
    See Section&#160;4 of the Offer, &#147;Conditions of the
    Offer&#148;.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">Take Up
    and Payment for Deposited Common Shares</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If all of the conditions of the Offer described in
    Section&#160;4 of the Offer, &#147;Conditions of the
    Offer&#148;, have been satisfied or waived by Barrick, Barrick
    will take up and pay for Common Shares validly deposited under
    the Offer and not properly withdrawn not later than two Business
    Days after the Expiry Time. Any Common Shares taken up will be
    paid for promptly, and in any event not more than two Business
    Days after they are taken up. Any Common Shares deposited under
    the Offer after the first date upon which Common Shares are
    taken up by Barrick under the Offer but before the Expiry Time
    will be taken up and paid for within ten days of such deposit.
    See Section&#160;6 of the Offer, &#147;Take Up and Payment for
    Deposited Common Shares&#148;.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">Withdrawal
    of Deposited Common Shares</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Common Shares deposited under the Offer may be withdrawn by or
    on behalf of the depositing Shareholder at any time before the
    Common Shares have been taken up by Barrick under the Offer and
    in the other circumstances described in Section&#160;8 of the
    Offer, &#147;Withdrawal of Deposited Common Shares&#148;. Except
    as so indicated or as otherwise required by applicable Laws,
    deposits of Common Shares are irrevocable.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">Acquisition
    of Common Shares Not Deposited</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If, within four months after the date of the Offer, the Offer
    has been accepted by Shareholders who, in the aggregate, hold
    not less than 90% of the issued and outstanding Common Shares
    and Barrick acquires or is bound to take up and pay for such
    deposited Common Shares under the Offer, Barrick intends, to the
    extent possible, to acquire those Common Shares which remain
    outstanding held by those persons who did not accept the Offer
    pursuant to a Compulsory Acquisition. Barrick has covenanted in
    the Support Agreement that if a Compulsory Acquisition is not
    available or Barrick chooses not to avail itself of such
    statutory right of acquisition, Barrick will use its
    commercially reasonable efforts to pursue other means of
    acquiring the remaining Common Shares not tendered under the
    Offer. Arizona Star has agreed that, in the event Barrick takes
    up and pays for Common Shares under the Offer representing at
    least a simple majority of the outstanding Common Shares
    (calculated on a fully diluted basis as at the Expiry Time),
    Arizona Star will assist Barrick in connection with any
    Subsequent Acquisition Transaction to acquire the remaining
    Common Shares, provided that the consideration per Common Share
    offered in connection with the Subsequent Acquisition
    Transaction is at least equivalent in value to the consideration
    per Common Share paid under the Offer. If the Minimum Tender
    Condition is satisfied and Barrick takes up and pays for the
    Common Shares deposited under the Offer, Barrick should own
    sufficient Common Shares to effect a Subsequent Acquisition
    Transaction. See Section&#160;15 of the Circular,
    &#147;Acquisition of Common Shares Not Deposited&#148;.
</DIV>
</DIV><!-- End box 1 -->

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    3
</DIV><!-- END LOGICAL PAGE -->
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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->
<DIV style="width: 100%; height: 9in; border-top: 1px solid #000000; padding-top: 12pt; border-right: 1px solid #000000; padding-right: 12pt; border-bottom: 1px solid #000000; padding-bottom: 12pt; border-left: 1px solid #000000; padding-left: 12pt"><!-- Begin box 1 -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">Canadian
    Federal Income Tax Considerations</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    A Shareholder who is resident in Canada, who holds Common Shares
    as capital property and who sells such shares to Barrick under
    the Offer will realize a capital gain (or capital loss) equal to
    the amount by which the cash received, net of any reasonable
    costs of disposition, exceeds (or is less than) the aggregate
    adjusted cost base to the Shareholder of such Common Shares.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Generally, Shareholders who are non-residents of Canada for the
    purposes of the Tax Act will not be subject to tax in Canada in
    respect of any capital gain realized on the sale of Common
    Shares to Barrick under the Offer, unless those shares
    constitute &#147;taxable Canadian property&#148; to such
    Shareholder within the meaning of the Tax Act and that gain is
    not otherwise exempt from tax under the Tax Act pursuant to an
    exemption contained in an applicable income tax treaty or
    convention.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>The foregoing is a very brief summary of certain Canadian
    federal income tax consequences. See Section&#160;19 of the
    Circular, &#147;Certain Canadian Federal Income Tax
    Considerations&#148; for a summary of the principal Canadian
    federal income tax considerations generally applicable to
    Shareholders. Shareholders are urged to consult their own tax
    advisors to determine the particular tax consequences to them of
    a sale of Common Shares under the Offer, a Compulsory
    Acquisition or a Subsequent Acquisition Transaction.</B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">United
    States Federal Income Tax Considerations</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    A Shareholder who is a citizen or resident of the United States
    who sells Common Shares in the Offer generally will recognize
    gain or loss for US federal income tax purposes equal to the
    difference, if any, between the amount of cash received and the
    Shareholder&#146;s adjusted tax basis in the Common Shares sold
    in the Offer. If the Common Shares sold constitute capital
    assets in the hands of the US Shareholder, the gain or loss will
    be a capital gain or loss. In general, capital gains recognized
    by an individual, estate or trust will be subject to a maximum
    US federal income tax rate of 15% if the Common Shares were held
    for more than one year. However, if Arizona Star is a passive
    foreign company for US federal income tax purposes, a gain or
    loss recognized by a US Shareholder who has not made an election
    to be taxable currently on the US Shareholder&#146;s
    <I>pro&#160;rata</I> share of Arizona&#146;s Star earnings or to
    be taxed on a &#147;mark to market&#148; basis with respect to
    Common Shares will be taxable as ordinary income and will be
    subject to an interest charge under special rules.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>The foregoing is a very brief summary of certain US federal
    income tax consequences. See Section&#160;20 of the Circular,
    &#147;Certain United States Federal Income Tax
    Considerations&#148; for a summary of the principal US federal
    income tax considerations generally applicable to US
    Shareholders. Shareholders are urged to consult their own tax
    advisors to determine the particular tax consequences to them of
    a sale of Common Shares under the Offer, a Compulsory
    Acquisition or a Subsequent Acquisition Transaction.</B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">Stock
    Exchange Listing</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The Common Shares of Arizona Star are listed on the TSXV and on
    the AMEX under the symbol &#147;AZS&#148;. See Section&#160;4 of
    the Circular, &#147;Price Range and Trading Volume of Arizona
    Star Common Shares&#148;. Depending on the number of Common
    Shares purchased by Barrick under the Offer, it is possible that
    the Common Shares will fail to meet the criteria of the TSXV or
    the AMEX for continued listing on such exchange. If permitted by
    applicable Laws, Barrick intends to cause Arizona Star to apply
    to delist the Common Shares from the TSXV and the AMEX as soon
    as practicable after completion of the Offer, any Compulsory
    Acquisition or any Subsequent Acquisition Transaction. See
    Section&#160;18 of the Circular, &#147;Effect of the Offer on
    the Market for and Listing of Common Shares and Status as a
    Reporting Issuer&#148;.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">Depositary
    and Information Agent</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Barrick has engaged Kingsdale Shareholder Services Inc. to act
    as the Depositary. In such capacity, the Depositary will receive
    deposits of certificates representing Common Shares and
    accompanying Letters of Transmittal deposited under the Offer at
    its office in Toronto, Ontario specified in the Letter of
    Transmittal. In addition, the Depositary will receive Notices of
    Guaranteed Delivery at its office in Toronto, Ontario specified
    in the Notice of Guaranteed Delivery. The Depositary will also
    be responsible for giving certain notices, if required, and for
    making payment for all Common Shares purchased by Barrick under
    the Offer. The Depositary will also facilitate book-entry
    transfers of Common Shares. See Section&#160;22 of the Circular,
    &#147;Depositary&#148;.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Barrick has also engaged Kingsdale Shareholder Services Inc. as
    the Information Agent to provide a resource for information for
    Shareholders.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Contact details for the Depositary and Information Agent are
    provided at the end of this Offer and Circular.
</DIV>
</DIV><!-- End box 1 -->

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    4
</DIV><!-- END LOGICAL PAGE -->
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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->


<!-- link1 "GLOSSARY" -->


<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <A name='102'></A><B><FONT style="font-family: 'Times New Roman', Times">GLOSSARY</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <I>This Glossary forms a part of the Offer and
    Circular.&#160;&#160;In the Offer and Circular, the Letter of
    Transmittal and the Notice of Guaranteed Delivery, unless the
    subject matter or context is inconsistent therewith, the
    following terms shall have the meanings set out below, and
    grammatical variations thereof shall have the corresponding
    meanings:</I>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Acquisition Proposal</B>&#148; has the meaning ascribed
    thereto in Section&#160;5 of the Circular, &#147;Support
    Agreement&#160;&#151; No Solicitation&#148;;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>affiliate</B>&#148; has the meaning ascribed thereto in
    the BCSA;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Agent&#146;s Message</B>&#148; has the meaning ascribed
    thereto in Section&#160;3 of the Offer, &#147;Manner of
    Acceptance&#160;&#151; Acceptance by Book-Entry Transfer&#148;;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>allowable capital loss</B>&#148; has the meaning
    ascribed thereto in Section&#160;19 of the Circular,
    &#147;Certain Canadian Federal Income Tax
    Considerations&#160;&#151; Sale Pursuant to the Offer&#148;;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>AMEX</B>&#148; means the American Stock Exchange;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>AMF</B>&#148; means the Autorit&#233; des march&#233;s
    financiers (Qu&#233;bec);
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Arizona Star</B>&#148; means Arizona Star Resource
    Corp., a corporation existing under the laws of the Province of
    British Columbia and, where the context requires, its
    subsidiaries and joint ventures;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>associate</B>&#148; has the meaning ascribed thereto in
    the BCSA;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Barrick</B>&#148; means Barrick Gold Corporation, a
    corporation existing under the laws of the Province of Ontario
    and, where the context requires, its subsidiaries and joint
    ventures;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>BCBCA</B>&#148; means the <I>Business Corporations Act
    </I>(British Columbia), as amended;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>BCSA</B>&#148; means the <I>Securities Act </I>(British
    Columbia), as amended;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Book-Entry Confirmation</B>&#148; means confirmation of
    a book-entry transfer of a Shareholder&#146;s Common Shares into
    the Depositary&#146;s account at CDS or DTC, as applicable;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>business combination</B>&#148; has the meaning ascribed
    thereto in
    <FONT style="white-space: nowrap">Rule&#160;61-501;</FONT>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Business Day</B>&#148; means any day (other than a
    Saturday or Sunday) on which commercial banks located in
    Toronto, Canada are open for the conduct of business;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>CDS</B>&#148; means CDS Clearing and Depository
    Services Inc. or its nominee, which at the date hereof is
    CDS&#160;&#038; Co.;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>CDSX</B>&#148; means the CDS on-line tendering system
    pursuant to which book-entry transfers may be effected;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Circular</B>&#148; means the circular accompanying and
    forming part of the Offer;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Citi</B>&#148; has the meaning ascribed thereto in
    Section&#160;7 of the Circular, &#147;Background to the
    Offer&#148;;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Code</B>&#148; has the meaning ascribed thereto in
    Section&#160;20 of the Circular, &#147;Certain United States
    Federal Income Tax Considerations&#148;;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Common Shares</B>&#148; means the issued and
    outstanding common shares of Arizona Star, including common
    shares issued on the exercise of Options or upon the conversion,
    exchange or exercise of any other securities of Arizona Star
    that are convertible into or exchangeable or exercisable for
    Common Shares (other than SRP Rights), and the associated SRP
    Rights, and &#147;<B>Common Share</B>&#148; means any one common
    share of Arizona Star and the associated SRP Right;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Compulsory Acquisition</B>&#148; has the meaning
    ascribed thereto in Section&#160;15 of the Circular,
    &#147;Acquisition of Common Shares Not Deposited&#160;&#151;
    Compulsory Acquisition&#148;;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Confidentiality Agreement</B>&#148; has the meaning
    ascribed thereto in Section&#160;5 of the Circular,
    &#147;Support Agreement&#160;&#151; Superior Proposals&#148;;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Contemplated Transactions</B>&#148; has the meaning
    ascribed thereto in Section&#160;5 of the Circular,
    &#147;Support Agreement&#160;&#151; Termination of the Support
    Agreement&#148;;
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    5
</DIV><!-- END LOGICAL PAGE -->
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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>CRA</B>&#148; means the Canada Revenue Agency;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Davies</B>&#148; has the meaning ascribed thereto in
    Section&#160;7 of the Circular, &#147;Background to the
    Offer&#148;;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Depositary</B>&#148; means Kingsdale Shareholder
    Services Inc.;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Deposited Common Shares</B>&#148; has the meaning
    ascribed thereto in Section&#160;3 of the Offer, &#147;Manner of
    Acceptance&#160;&#151; Dividends and Distributions&#148;;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Distributions</B>&#148; has the meaning ascribed
    thereto in Section&#160;3 of the Offer, &#147;Manner of
    Acceptance&#160;&#151; Dividends and Distributions&#148;;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>DTC</B>&#148; means The Depository Trust&#160;Company;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Effective Time</B>&#148; has the meaning ascribed
    thereto in Section&#160;3 of the Offer, &#147;Manner of
    Acceptance&#160;&#151; Power of Attorney&#148;;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Eligible Institution</B>&#148; means a Canadian
    Schedule&#160;I chartered bank, a major trust company in Canada,
    a member of the Securities Transfer Association Medallion
    Program (STAMP), a member of the Stock Exchange Medallion
    Program (SEMP) or a member of the New York Stock Exchange Inc.
    Medallion Signature Program (MSP);
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Expiry Date</B>&#148; means December&#160;18, 2007, or
    such later date or dates as may be fixed by Barrick from time to
    time pursuant to Section&#160;5 of the Offer, &#147;Extension,
    Variation or Change in the Offer&#148;, unless the Offer is
    withdrawn by Barrick;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Expiry Time</B>&#148; means 8:00&#160;p.m. (Toronto
    time) on the Expiry Date, or such other time or times on such
    other date or dates as may be fixed by Barrick from time to time
    pursuant to Section&#160;5 of the Offer, &#147;Extension,
    Variation or Change in the Offer&#148;, unless the Offer is
    withdrawn by Barrick;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>FCMI</B>&#148; means FCMI Resources Ltd.;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>FMC</B>&#148; has the meaning ascribed thereto in
    Section&#160;7 of the Circular, &#147;Background to the
    Offer&#148;;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>fully diluted basis</B>&#148; means, with respect to
    the number of outstanding Common Shares at any time, the number
    of Common Shares that would be outstanding if all rights to
    acquire Common Shares, other than SRP Rights, were exercised,
    including, for greater certainty, all Common Shares issuable
    upon the exercise of Options, whether vested or unvested;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>going private transaction</B>&#148; has the meaning
    ascribed thereto in
    <FONT style="white-space: nowrap">Regulation&#160;Q-27;</FONT>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Governmental Entity</B>&#148; means: (a)&#160;any
    supranational body or organization, nation, government, state,
    province, country, territory, municipality, quasi-government,
    administrative, judicial or regulatory authority, agency, board,
    body, bureau, commission, instrumentality, court or tribunal or
    any political subdivision thereof, or any central bank (or
    similar monetary or regulatory authority) thereof, any taxing
    authority, any ministry or department or agency of any of the
    foregoing; (b)&#160;any entity exercising executive,
    legislative, judicial, regulatory or administrative functions of
    or pertaining to government, including any court; and
    (c)&#160;any corporation or other entity owned or controlled,
    through stock or capital ownership or otherwise, by any of such
    entities or other bodies;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Information Agent</B>&#148; means Kingsdale Shareholder
    Services Inc.;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>IRS</B>&#148; has the meaning ascribed thereto in
    Section&#160;20 of the Circular, &#147;Certain United States
    Federal Income Tax Considerations&#148;;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Laws</B>&#148; means any applicable laws, including
    supranational, national, provincial, state, municipal and local
    civil, commercial, banking, securities, tax, personal and real
    property, security, mining, environmental, water, energy,
    investment, property ownership, land use and zoning, sanitary,
    occupational health and safety laws, treaties, statutes,
    ordinances, judgments, decrees, injunctions, writs, certificates
    and orders, by-laws, rules, regulations, protocols, codes,
    guidelines, policies, notices, directions or other requirements
    of any Governmental Entity;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Letter of Transmittal</B>&#148; means the letter of
    transmittal in the form accompanying the Offer (printed on
    YELLOW paper), or a manually executed facsimile thereof;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B><FONT style="white-space: nowrap">Lock-Up</FONT>
    Agreements</B>&#148; means the
    <FONT style="white-space: nowrap">lock-up</FONT>
    agreements dated October&#160;28, 2007 between Barrick and the
    <FONT style="white-space: nowrap">Locked-Up</FONT>
    Shareholders, as amended from time to time;
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    6
</DIV><!-- END LOGICAL PAGE -->
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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B><FONT style="white-space: nowrap">Locked-Up</FONT>
    Shareholders</B>&#148; means, collectively, FCMI, Paul
    Parisotto, Thomas Dawson, Jennifer Dawson, James Anthony, Rudi
    Fronk, T. James Smolik and Christopher Reynolds;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Material Adverse Effect</B>&#148; means, in respect of
    any person, an effect that is, or would reasonably be expected
    to be, material and adverse to the business, properties, assets,
    liabilities (including any contingent liabilities that may arise
    through outstanding, pending or threatened litigation or
    otherwise), capitalization, condition (financial or otherwise),
    operations, results of operations or prospects of that person
    and its subsidiaries taken as a whole, other than any effect:
    (a)&#160;relating to the Canadian, United States or Chilean
    economy, political conditions or securities markets in general;
    (b)&#160;affecting the global mining industry in general;
    (c)&#160;relating to a change in the market trading price of
    shares of that person, either: (i)&#160;related to the Support
    Agreement and the Offer or the announcement thereof, or
    (ii)&#160;relating to such a change in the market trading price
    primarily resulting from a change, effect, event or occurrence
    excluded from this definition of Material Adverse Effect under
    clause (a), (b)&#160;or (d)&#160;hereof; (d)&#160;relating to
    any generally applicable change in applicable Laws or
    regulations (other than orders, judgments or decrees against
    that person or any of its subsidiaries) or in applicable
    generally accepted accounting principles; (e)&#160;relating to
    the failure by that person to meet earnings projections,
    earnings forecasts or earnings estimates, whether internal or
    publicly announced; or (f)&#160;any hostilities, acts of war or
    terrorism or any material escalation of any such hostilities,
    acts of war or terrorism existing as of the date of the Support
    Agreement; provided, however, that such effect referred to in
    clause (a), (b), (d)&#160;or (e)&#160;above does not primarily
    relate only to (or have the effect of primarily relating only
    to) that person and its subsidiaries, taken as a whole, or
    disproportionately adversely affect that person and its
    subsidiaries, taken as a whole, compared to other companies of
    similar size operating in the industry in which that person and
    its subsidiaries operate;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Minimum Tender Condition</B>&#148; has the meaning
    ascribed thereto in paragraph (a)&#160;of Section&#160;4 of the
    Offer, &#147;Conditions of the Offer&#148;;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Non-Resident Holder</B>&#148; has the meaning ascribed
    thereto in Section&#160;19 of the Circular, &#147;Certain
    Canadian Federal Income Tax Considerations&#160;&#151;
    Shareholders Not Resident in Canada&#148;;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Notice of Guaranteed Delivery</B>&#148; means the
    notice of guaranteed delivery in the form accompanying the Offer
    (printed on PINK paper), or a facsimile thereof;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Offer</B>&#148; means the offer to purchase Common
    Shares made hereby to the Shareholders pursuant to the terms set
    out herein;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Offer and Circular</B>&#148; means the Offer and the
    Circular, including the Summary, the Glossary and all Schedules
    to the Offer and the Circular;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Offerees</B>&#148; has the meaning ascribed thereto in
    Section&#160;15 of the Circular, &#147;Acquisition of Common
    Shares Not Deposited&#160;&#151; Compulsory Acquisition&#148;;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Offeror&#146;s Notice</B>&#148; has the meaning
    ascribed thereto in Section&#160;15 of the Circular,
    &#147;Acquisition of Common Shares Not Deposited&#160;&#151;
    Compulsory Acquisition&#148;;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Options</B>&#148; means the options to acquire Common
    Shares issued pursuant to Arizona Star&#146;s stock option plan
    effective September&#160;15, 2003 or any other plan, agreement
    or arrangement which provides for the issuance of options to
    acquire Common Shares;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Pan Atlantic</B>&#148; has the meaning ascribed thereto
    in Section&#160;7 of the Circular, &#147;Background to the
    Offer&#148;;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>PFIC</B>&#148; has the meaning ascribed thereto in
    Section&#160;20 of the Circular, &#147;Certain United States
    Federal Income Tax Considerations&#160;&#151; Passive Foreign
    Investment Companies&#148;;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Purchased Securities</B>&#148; has the meaning ascribed
    thereto in Section&#160;3 of the Offer, &#147;Manner of
    Acceptance&#160;&#151; Power of Attorney&#148;;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Redeemable Shares</B>&#148; has the meaning ascribed
    thereto in Section&#160;19 of the Circular, &#147;Certain
    Canadian Federal Income Tax Considerations&#160;&#151;
    Subsequent Acquisition Transaction&#148;;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B><FONT style="white-space: nowrap">Regulation&#160;Q-27</FONT></B>&#148;
    means
    <FONT style="white-space: nowrap">Regulation&#160;Q-27&#160;&#151;</FONT>
    Protection of Minority Securityholders in the Course of Certain
    Transactions of the AMF, as amended;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Regulations</B>&#148; has the meaning ascribed thereto
    in Section&#160;19 of the Circular, &#147;Certain Canadian
    Federal Income Tax Considerations&#148;;
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    7
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Resident Holder</B>&#148; has the meaning ascribed
    thereto in Section&#160;19 of the Circular, &#147;Certain
    Canadian Federal Income Tax Considerations&#160;&#151;
    Shareholders Resident in Canada&#148;;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Rights Certificates</B>&#148; means the certificates
    representing the SRP Rights;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B><FONT style="white-space: nowrap">Rule&#160;61-501</FONT></B>&#148;
    means Ontario Securities Commission
    <FONT style="white-space: nowrap">Rule&#160;61-501&#160;&#151;</FONT>
    Insider Bids, Issuer Bids, Business Combinations and Related
    Party Transactions and its companion policy, as amended;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>SEC</B>&#148; means the United States Securities and
    Exchange Commission;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Separation Time</B>&#148; has the meaning ascribed
    thereto in Section&#160;9 of the Circular, &#147;Shareholder
    Rights Plan&#148;;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Shareholder Rights Plan</B>&#148; means the shareholder
    rights plan agreement dated as of November&#160;9, 2005 entered
    into between Arizona Star and Computershare Investor Services
    Inc., as rights agent, as amended by amendment agreement
    no.&#160;1 dated October&#160;13, 2006;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Shareholders</B>&#148; means the holders of Common
    Shares and &#147;<B>Shareholder</B>&#148; means any one of them;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>SRP Right</B>&#148; means a right issued pursuant to
    the Shareholder Rights Plan;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Subsequent Acquisition Transaction</B>&#148; has the
    meaning ascribed thereto in Section&#160;15 of the Circular,
    &#147;Acquisition of Common Shares Not Deposited&#160;&#151;
    Subsequent Acquisition Transaction&#148;;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>subsidiary</B>&#148; has the meaning ascribed thereto
    in National Instrument
    <FONT style="white-space: nowrap">45-106&#160;&#151;</FONT>
    Prospectus and Registration Exemptions;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Superior Proposal</B>&#148; has the meaning ascribed
    thereto in Section&#160;5 of the Circular, &#147;Support
    Agreement&#160;&#151; Superior Proposals&#148;;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Support Agreement</B>&#148; means the support agreement
    dated October&#160;28, 2007 between Barrick and Arizona Star, as
    amended from time to time;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>take up</B>&#148;, in reference to Common Shares, means
    to accept such Common Shares for payment by giving written
    notice of such acceptance to the Depositary and &#147;<B>taking
    up</B>&#148; and &#147;<B>taken up</B>&#148; have corresponding
    meanings;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Tax Act</B>&#148; has the meaning ascribed thereto in
    Section&#160;19 of the Circular, &#147;Certain Canadian Federal
    Income Tax Considerations&#148;;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Tax Proposals</B>&#148; has the meaning ascribed
    thereto in Section&#160;19 of the Circular, &#147;Certain
    Canadian Federal Income Tax Considerations&#148;;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>taxable capital gain</B>&#148; has the meaning ascribed
    thereto in Section&#160;19 of the Circular, &#147;Certain
    Canadian Federal Income Tax Considerations&#160;&#151; Sale
    Pursuant to the Offer&#148;;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>Termination Payment</B>&#148; has the meaning ascribed
    thereto in Section&#160;5 of the Circular, &#147;Support
    Agreement&#160;&#151; Termination Payment&#148;;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>TSXV</B>&#148; means the TSX Venture Exchange;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>United States</B>&#148; or &#147;<B>US</B>&#148; means
    the United States of America, its territories and possessions,
    and any State of the United States, as applicable;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>US Exchange Act</B>&#148; means the US Securities
    Exchange Act of 1934, as amended;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>US Shareholder</B>&#148; has the meaning ascribed
    thereto in Section&#160;20 of the Circular, &#147;Certain United
    States Federal Income Tax Considerations&#148;;&#160;and
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;<B>US Treaty</B>&#148; has the meaning ascribed thereto in
    Section&#160;19 of the Circular, &#147;Certain Canadian Federal
    Income Tax Considerations&#160;&#151; Shareholders Not Resident
    in Canada&#160;&#151; Disposition of Common Shares Pursuant to
    the Offer or a Compulsory Acquisition&#148;.
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    8
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->


<!-- link1 "OFFER" -->


<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <A name='103'></A><B><FONT style="font-family: 'Times New Roman', Times">OFFER</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <I>The accompanying Circular, which is incorporated into and
    forms part of the Offer, contains important information that
    should be read carefully before making a decision with respect
    to the Offer. Terms defined in the Glossary and not otherwise
    defined in the Offer have the respective meanings given to them
    in the Glossary, unless the context otherwise requires.</I>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="right" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">November&#160;9,
    2007</FONT></B>
</DIV>

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">TO: THE
    HOLDERS OF COMMON SHARES OF ARIZONA STAR RESOURCE
    CORP.</FONT></B>
</DIV>


<!-- link1 "1. The Offer" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="3%"></TD>
    <TD width="97%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">1.&#160;&#160;</FONT></B>
</TD>
    <TD>
    <A name='104'></A><B><FONT style="font-family: 'Times New Roman', Times">The
    Offer</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Barrick hereby offers, upon and subject to the terms and
    conditions of the Offer, to purchase all of the issued and
    outstanding Common Shares of Arizona Star, including Common
    Shares that may become issued and outstanding after the date of
    the Offer but before the Expiry Time upon the conversion,
    exchange or exercise of Options or other securities of Arizona
    Star that are convertible into or exchangeable or exercisable
    for Common Shares, at a price of $18.00 cash per Common Share.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The Offer is made only for Common Shares and is not made for any
    Options or other securities of Arizona Star that are convertible
    into or exchangeable or exercisable for Common Shares (other
    than SRP Rights). Any holder of Options or other securities of
    Arizona Star that are convertible into or exchangeable or
    exercisable for Common Shares (other than SRP Rights) who wishes
    to accept the Offer must, to the extent permitted by the terms
    of the security and applicable Laws, exercise the Options or
    other securities of Arizona Star that are convertible into or
    exchangeable or exercisable for Common Shares in order to obtain
    certificates representing Common Shares and deposit those Common
    Shares in accordance with the terms of the Offer. Any such
    exercise must be completed sufficiently in advance of the Expiry
    Time to ensure that the holder of such Options or other
    securities of Arizona Star that are convertible into or
    exchangeable or exercisable for Common Shares will have
    certificates representing the Common Shares received on such
    exercise available for deposit at or prior to the Expiry Time,
    or in sufficient time to comply with the procedures referred to
    under Section&#160;3 of the Offer, &#147;Manner of
    Acceptance&#160;&#151; Procedure for Guaranteed Delivery&#148;.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>The Arizona Star Board of Directors, upon consultation with
    its financial and legal advisors and receipt of a recommendation
    of its special committee, has UNANIMOUSLY DETERMINED that the
    Offer is in the best interests of Arizona Star and the
    Shareholders and, accordingly, UNANIMOUSLY RECOMMENDS that
    Shareholders ACCEPT the Offer and DEPOSIT their Common Shares
    under the Offer.</B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>The Offer price represents a premium of 27% over the volume
    weighted average trading price of the Common Shares on the TSXV
    for the 20 trading days ending on October&#160;26, 2007, the
    last trading day prior to Barrick&#146;s announcement of its
    intention to make the Offer.</B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>All amounts payable under the Offer will be paid in Canadian
    dollars.</B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Shareholders who have deposited their Common Shares pursuant to
    the Offer will be deemed to have deposited the SRP Rights
    associated with such Common Shares. No additional payment will
    be made for the SRP Rights and no part of the consideration to
    be paid by Barrick for the Common Shares will be allocated to
    the SRP Rights.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Shareholders will not have dissenters&#146; or appraisal rights
    in connection with the Offer. However, Shareholders who do not
    tender their Common Shares to the Offer may have rights of
    dissent in the event Barrick elects to acquire such Common
    Shares by way of a Compulsory Acquisition or Subsequent
    Acquisition Transaction. See Section&#160;15 of the Circular,
    &#147;Acquisition of Common Shares Not Deposited&#148;.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>Shareholders will not be required to pay any fee or
    commission if they accept the Offer by depositing their Common
    Shares directly with the Depositary.</B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>Shareholders whose Common Shares are registered in the name
    of an investment advisor, stockbroker, bank, trust company or
    other nominee should immediately contact such nominee for
    assistance in depositing their Common Shares.</B>
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    9
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    This document does not constitute an offer or a solicitation to
    any person in any jurisdiction in which such offer or
    solicitation is unlawful. The Offer is not being made to, nor
    will deposits be accepted from or on behalf of, Shareholders in
    any jurisdiction in which the making or acceptance thereof would
    not be in compliance with the laws of such jurisdiction.
    However, Barrick may, in its sole discretion, take such action
    as it may deem necessary to extend the Offer to Shareholders in
    any such jurisdiction.
</DIV>


<!-- link1 "2. Time for Acceptance" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="3%"></TD>
    <TD width="97%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">2.&#160;&#160;</FONT></B>
</TD>
    <TD>
    <A name='105'></A><B><FONT style="font-family: 'Times New Roman', Times">Time
    for Acceptance</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The Offer is open for acceptance until 8:00&#160;p.m. (Toronto
    time) on December&#160;18, 2007 or such later time or times and
    date or dates as may be fixed by Barrick from time to time
    pursuant to Section&#160;5 of the Offer, &#147;Extension,
    Variation or Change in the Offer&#148;, unless the Offer is
    withdrawn by Barrick.
</DIV>


<!-- link1 "3. Manner of Acceptance" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="3%"></TD>
    <TD width="97%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">3.&#160;&#160;</FONT></B>
</TD>
    <TD>
    <A name='106'></A><B><FONT style="font-family: 'Times New Roman', Times">Manner
    of Acceptance</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Letter
    of Transmittal</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The Offer may be accepted by delivering to the Depositary at its
    office in Toronto, Ontario listed in the Letter of Transmittal
    (printed on YELLOW paper) accompanying the Offer, so as to be
    received at or prior to the Expiry Time:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (a)&#160;
</TD>
    <TD align="left">
    certificate(s) representing the Common Shares in respect of
    which the Offer is being accepted;
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (b)&#160;
</TD>
    <TD align="left">
    a Letter of Transmittal in the form accompanying the Offer or a
    manually executed facsimile thereof, properly completed and
    executed as required by the instructions set out in the Letter
    of Transmittal (including signature guarantee if
    required);&#160;and
</TD>
</TR>

<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (c)&#160;
</TD>
    <TD align="left">
    all other documents required by the instructions set out in the
    Letter of Transmittal.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Participants of CDS or DTC should contact the Depositary with
    respect to the deposit of their Common Shares under the Offer.
    CDS and DTC will be issuing instructions to their participants
    as to the method of depositing such Common Shares under the
    terms of the Offer.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Except as otherwise provided in the instructions set out in the
    Letter of Transmittal, the signature on the Letter of
    Transmittal must be guaranteed by an Eligible Institution. If a
    Letter of Transmittal is executed by a person other than the
    registered holder of the certificate(s) deposited therewith, and
    in certain other circumstances as set out in the Letter of
    Transmittal, (i)&#160;the accompanying certificate(s)
    representing the Common Shares must be endorsed or be
    accompanied by an appropriate share transfer power of attorney,
    in either case, duly and properly completed by the registered
    holder(s), and (ii)&#160;the signature on the endorsement panel
    or share transfer power of attorney must correspond exactly to
    the name(s) of the registered holder(s) as registered or as
    written on the face of the certificate(s) and must be guaranteed
    by an Eligible Institution (except that no guarantee is required
    if the signature is that of an Eligible Institution).
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Unless waived by Barrick, holders of Common Shares are required
    to deposit one SRP Right for each common share of Arizona Star
    in order to effect a valid deposit of such Common Share prior to
    the Expiry Time. If the Separation Time does not occur before
    the Expiry Time, a deposit of Common Shares will also constitute
    a deposit of the associated SRP Rights. If the Separation Time
    occurs before the Expiry Time and Rights Certificates are
    distributed by Arizona Star to Shareholders prior to the time
    that the holder&#146;s Common Shares are deposited pursuant to
    the Offer, in order for the Common Shares to be validly
    deposited, Rights Certificate(s) representing SRP Rights equal
    in number to the number of Common Shares deposited by such
    Shareholder must be delivered to the Depositary. If the
    Separation Time occurs before the Expiry Time and Rights
    Certificates are not distributed by the time that a Shareholder
    deposits its Common Shares pursuant to the Offer, the
    Shareholder may deposit its SRP Rights before receiving Rights
    Certificate(s) by using the guaranteed delivery procedure
    described below. In any case, a deposit of Common Shares
    constitutes an agreement by the signatory to deliver Rights
    Certificate(s) representing SRP Rights equal in number to the
    Common Shares deposited pursuant to the Offer to the Depositary
    on or before the third trading day on the TSXV after the date,
    if any, that Rights Certificate(s) are distributed. Barrick
    reserves the right to require, if the Separation Time occurs
    before the Expiry Time, that the Depositary receive, prior to
    taking up the Common Shares for payment pursuant to the Offer,
    Rights Certificate(s) from a Shareholder representing SRP Rights
    equal in number to the Common Shares deposited by such holder.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    In addition, Common Shares and, if applicable, Rights
    Certificates, may be deposited under the Offer in compliance
    with the procedures for guaranteed delivery set out below under
    the heading &#147;Procedure for Guaranteed Delivery&#148; or in
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    10
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    compliance with the procedures for book-entry transfers set out
    below under the heading &#147;Acceptance by Book-Entry
    Transfer&#148;.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Procedure
    for Guaranteed Delivery</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If a Shareholder wishes to deposit Common Shares under the Offer
    and either the certificate(s) representing the Common Shares are
    not immediately available or the certificate(s) and all other
    required documents cannot be delivered to the Depositary at or
    prior to the Expiry Time, those Common Shares may nevertheless
    be deposited under the Offer provided that all of the following
    conditions are met:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (a)&#160;
</TD>
    <TD align="left">
    the deposit is made by or through an Eligible Institution;
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (b)&#160;
</TD>
    <TD align="left">
    a properly completed and executed Notice of Guaranteed Delivery
    (printed on PINK paper) in the form accompanying the Offer, or a
    manually executed facsimile thereof, including a guarantee to
    deliver by an Eligible Institution in the form set out in the
    Notice of Guaranteed Delivery, is received by the Depositary at
    or prior to the Expiry Time at its office in Toronto, Ontario
    listed on the Notice of Guaranteed Delivery;
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (c)&#160;
</TD>
    <TD align="left">
    the certificate(s) representing all Deposited Common Shares,
    and, if the Separation Time has occurred before the Expiry Time
    and Rights Certificates have been distributed to Shareholders
    before the Expiry Time, the Rights Certificate(s) representing
    the deposited SRP Rights, together with a Letter of Transmittal
    (or a manually executed facsimile thereof), properly completed
    and executed as required by the instructions set out in the
    Letter of Transmittal (including signature guarantee if
    required) and all other documents required thereby, are received
    by the Depositary at its office in Toronto, Ontario listed in
    the Letter of Transmittal before 5:00&#160;p.m. (Toronto time)
    on the third trading day on the TSXV after the Expiry
    Date;&#160;and
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (d)&#160;
</TD>
    <TD align="left">
    in the case of SRP Rights where the Separation Time has occurred
    before the Expiry Time but Rights Certificates have not been
    distributed to Shareholders before the Expiry Time, the Rights
    Certificate(s) representing the deposited SRP Rights, together
    with a Letter of Transmittal (or a manually executed facsimile
    thereof), properly completed and executed as required by the
    instructions set out in the Letter of Transmittal (including
    signature guarantee if required) and all other documents
    required thereby, are received by the Depositary at its office
    in Toronto, Ontario listed in the Letter of Transmittal before
    5:00&#160;p.m. (Toronto time) on the third trading day on the
    TSXV after Rights Certificates are distributed to Shareholders.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>The Notice of Guaranteed Delivery must be delivered by hand
    or courier or transmitted by facsimile or mailed to the
    Depositary at its office in Toronto, Ontario listed on the
    Notice of Guaranteed Delivery and must include a guarantee by an
    Eligible Institution in the form set out in the Notice of
    Guaranteed Delivery. Delivery of the Notice of Guaranteed
    Delivery and the Letter of Transmittal and accompanying
    certificate(s) representing Common Shares and all other required
    documents to any office other than the Toronto, Ontario office
    of the Depositary does not constitute delivery for purposes of
    satisfying a guaranteed delivery.</B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Acceptance
    by Book-Entry Transfer</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Shareholders may accept the Offer by following the procedures
    for a book-entry transfer established by CDS, provided that a
    Book-Entry Confirmation through CDSX is received by the
    Depositary at its office in Toronto, Ontario at or prior to the
    Expiry Time. The Depositary has established an account at CDS
    for the purpose of the Offer. Any financial institution that is
    a participant in CDS may cause CDS to make a book-entry transfer
    of a Shareholder&#146;s Common Shares into the Depositary&#146;s
    account in accordance with CDS procedures for such transfer.
    Delivery of Common Shares to the Depositary by means of a
    book-entry transfer will constitute a valid tender under the
    Offer.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Shareholders, through their respective CDS participants, who
    utilize CDSX to accept the Offer through a book-entry transfer
    of their holdings into the Depositary&#146;s account with CDS
    shall be deemed to have completed and submitted a Letter of
    Transmittal and to be bound by the terms thereof and therefore
    such instructions received by the Depositary are considered a
    valid tender in accordance with the terms of the Offer.
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    11
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Shareholders may also accept the Offer by following the
    procedures for book-entry transfer established by DTC, provided
    that a Book-Entry Confirmation, together with an Agent&#146;s
    Message (as described below) in respect thereof, or a properly
    completed and executed Letter of Transmittal (including
    signature guarantee if required) and all other required
    documents, are received by the Depositary at its office in
    Toronto, Ontario at or prior to the Expiry Time. The Depositary
    has established an account at DTC for the purpose of the Offer.
    Any financial institution that is a participant in DTC may cause
    DTC to make a book-entry transfer of a Shareholder&#146;s Common
    Shares into the Depositary&#146;s account in accordance with
    DTC&#146;s procedures for such transfer. However, as noted
    above, although delivery of Common Shares may be effected
    through book-entry transfer at DTC, either an Agent&#146;s
    Message in respect thereof, or a Letter of Transmittal (or a
    manually executed facsimile thereof), properly completed and
    executed (including signature guarantee if required), and all
    other required documents, must, in any case, be received by the
    Depositary, at its office in Toronto, Ontario at or prior to the
    Expiry Time. Delivery of documents to DTC in accordance with its
    procedures does not constitute delivery to the Depositary. Such
    documents or Agent&#146;s Message should be sent to the
    Depositary.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The term &#147;<B>Agent&#146;s Message</B>&#148; means a
    message, transmitted by DTC to, and received by, the Depositary
    and forming part of a Book-Entry Confirmation, which states that
    DTC has received an express acknowledgement from the participant
    in DTC depositing the Common Shares which are the subject of
    such Book-Entry Confirmation that such participant has received
    and agrees to be bound by the terms of the Letter of Transmittal
    as if executed by such participant and that Barrick may enforce
    such agreement against such participant.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">General</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The Offer will be deemed to be accepted only if the Depositary
    has actually physically received the requisite documents at or
    before the time specified. In all cases, payment for Common
    Shares deposited and taken up by Barrick under the Offer will be
    made only after timely receipt by the Depositary of
    (a)&#160;certificate(s) representing the Common Shares (or, in
    the case of book-entry transfer to the Depositary, a Book-Entry
    Confirmation for the Common Shares), (b)&#160;a Letter of
    Transmittal, or a manually executed facsimile thereof, properly
    completed and executed, covering such Common Shares with the
    signature(s) guaranteed in accordance with the instructions set
    out in the Letter of Transmittal (or, in the case of Common
    Shares deposited using the procedures for book-entry transfer
    established by DTC, an Agent&#146;s Message), and (c)&#160;all
    other required documents.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>The method of delivery of certificate(s) representing Common
    Shares (or a Book-Entry Confirmation for the Common Shares, as
    applicable), the Letter of Transmittal, the Notice of Guaranteed
    Delivery and all other required documents is at the option and
    risk of the Shareholder depositing those documents. Barrick
    recommends that those documents be delivered by hand to the
    Depositary and that a receipt be obtained or, if mailed, that
    registered mail, with return receipt requested, be used and that
    proper insurance be obtained. It is suggested that any such
    mailing be made sufficiently in advance of the Expiry Time to
    permit delivery to the Depositary at or prior to the Expiry
    Time. Delivery will only be effective upon actual physical
    receipt by the Depositary.</B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>Shareholders whose Common Shares are registered in the name
    of an investment advisor, stockbroker, bank, trust company or
    other nominee should immediately contact such nominee for
    assistance in depositing their Common Shares.</B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    All questions as to the validity, form, eligibility (including,
    without limitation, timely receipt) and acceptance of any Common
    Shares deposited under the Offer will be determined by Barrick
    in its sole discretion. Depositing Shareholders agree that such
    determination will be final and binding. Barrick reserves the
    absolute right to reject any and all deposits that it determines
    not to be in proper form or that may be unlawful to accept under
    the laws of any jurisdiction. Barrick reserves the absolute
    right to waive any defects or irregularities in the deposit of
    any Common Shares. There shall be no duty or obligation of
    Barrick, the Depositary or any other person to give notice of
    any defects or irregularities in any deposit and no liability
    shall be incurred or suffered by any of them for failure to give
    any such notice. Barrick&#146;s interpretation of the terms and
    conditions of the Offer, the Circular, the Letter of
    Transmittal, the Notice of Guaranteed Delivery and any other
    related documents will be final and binding.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Under no circumstances will interest accrue or any amount be
    paid by Barrick or the Depositary by reason of any delay in
    making payments for Common Shares to any person on account of
    Common Shares accepted for payment under the Offer.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Barrick reserves the right to permit the Offer to be accepted in
    a manner other than that set out in this Section&#160;3.
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    12
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Dividends
    and Distributions</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Subject to the terms and conditions of the Offer and subject, in
    particular, to Common Shares being validly withdrawn by or on
    behalf of a depositing Shareholder, and except as provided
    below, by accepting the Offer pursuant to the procedures set out
    herein, a Shareholder deposits, sells, assigns and transfers to
    Barrick all right, title and interest in and to the Common
    Shares covered by the Letter of Transmittal or book-entry
    transfer (the &#147;<B>Deposited Common Shares</B>&#148;) and in
    and to all rights and benefits arising from such Deposited
    Common Shares including, without limitation, any and all
    dividends, distributions, payments, securities, property or
    other interests (including the SRP Rights) that may be declared,
    paid, accrued, issued, distributed, made or transferred on or in
    respect of the Deposited Common Shares or any of them on and
    after the date of the Offer, including any dividends,
    distributions or payments on such dividends, distributions,
    payments, securities, property or other interests (collectively,
    &#147;<B>Distributions</B>&#148;).
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Power
    of Attorney</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The execution of a Letter of Transmittal (or, in the case of
    Common Shares deposited by book-entry transfer by the making of
    a book-entry transfer) irrevocably constitutes and appoints,
    effective at and after the time (the &#147;<B>Effective
    Time</B>&#148;) that Barrick takes up the Deposited Common
    Shares, each director or officer of Barrick, and any other
    person designated by Barrick in writing, as the true and lawful
    agent, attorney, attorney-in-fact and proxy of the holder of the
    Common Shares covered by the Letter of Transmittal or book-entry
    transfer (which Common Shares upon being taken up are, together
    with any Distributions thereon, hereinafter referred to as the
    &#147;<B>Purchased Securities</B>&#148;) with respect to such
    Purchased Securities, with full power of substitution (such
    powers of attorney, being coupled with an interest, being
    irrevocable), in the name of and on behalf of such Shareholder:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (a)&#160;
</TD>
    <TD align="left">
    to register or record the transfer
    <FONT style="white-space: nowrap">and/or</FONT>
    cancellation of such Purchased Securities to the extent
    consisting of securities on the appropriate securities registers
    maintained by or on behalf of Arizona Star;
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (b)&#160;
</TD>
    <TD align="left">
    for so long as any such Purchased Securities are registered or
    recorded in the name of such Shareholder, to exercise any and
    all rights of such Shareholder including, without limitation,
    the right to vote, to execute and deliver (provided the same is
    not contrary to applicable Laws), as and when requested by
    Barrick, any and all instruments of proxy, authorizations or
    consents in form and on terms satisfactory to Barrick in respect
    of any or all Purchased Securities, to revoke any such
    instruments, authorizations or consents given prior to or after
    the Effective Time, and to designate in any such instruments,
    authorizations or consents any person or persons as the
    proxyholder of such Shareholder in respect of such Purchased
    Securities for all purposes including, without limitation, in
    connection with any meeting or meetings (whether annual, special
    or otherwise, or any adjournments thereof, including, without
    limitation, any meeting to consider a Subsequent Acquisition
    Transaction) of holders of relevant securities of Arizona Star;
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (c)&#160;
</TD>
    <TD align="left">
    to execute, endorse and negotiate, for and in the name of and on
    behalf of such Shareholder, any and all cheques or other
    instruments representing any Distributions payable to or to the
    order of, or endorsed in favour of, such Shareholder;&#160;and
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (d)&#160;
</TD>
    <TD align="left">
    to exercise any other rights of a Shareholder with respect to
    such Purchased Securities, all as set out in the Letter of
    Transmittal.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    A Shareholder accepting the Offer under the terms of the Letter
    of Transmittal (including book-entry transfer) revokes any and
    all other authority, whether as agent, attorney-in-fact,
    attorney, proxy or otherwise, previously conferred or agreed to
    be conferred by the Shareholder at any time with respect to the
    Deposited Common Shares or any Distributions. The Shareholder
    accepting the Offer agrees that no subsequent authority, whether
    as agent, attorney-in-fact, attorney, proxy or otherwise will be
    granted with respect to the Deposited Common Shares or any
    Distributions by or on behalf of the depositing Shareholder
    unless the Deposited Common Shares are not taken up and paid for
    under the Offer or are withdrawn in accordance with
    Section&#160;8 of the Offer, &#147;Withdrawal of Deposited
    Common Shares&#148;.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    A Shareholder accepting the Offer also agrees not to vote any of
    the Purchased Securities at any meeting (whether annual, special
    or otherwise or any adjournments thereof, including, without
    limitation, any meeting to consider a Subsequent Acquisition
    Transaction) of holders of relevant securities of Arizona Star
    and, except as may otherwise be agreed with Barrick, not to
    exercise any of the other rights or privileges attached to the
    Purchased Securities, and agrees to execute and deliver to
    Barrick any and all instruments of proxy, authorizations or
    consents in respect of all or any of the Purchased Securities,
    and agrees to designate or appoint in any such instruments of
    proxy, authorizations or consents, the
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    13
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    person or persons specified by Barrick as the proxy of the
    holder of the Purchased Securities. Upon such appointment, all
    prior proxies and other authorizations (including, without
    limitation, all appointments of any agent, attorney or
    attorney-in-fact) or consents given by the holder of such
    Purchased Securities with respect thereto will be revoked and no
    subsequent proxies or other authorizations or consents may be
    given by such person with respect thereto.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Further
    Assurances</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    A Shareholder accepting the Offer covenants under the terms of
    the Letter of Transmittal (including book-entry transfer) to
    execute, upon request of Barrick, any additional documents,
    transfers and other assurances as may be necessary or desirable
    to complete the sale, assignment and transfer of the Purchased
    Securities to Barrick. Each authority therein conferred or
    agreed to be conferred is, to the extent permitted by applicable
    Laws, irrevocable and may be exercised during any subsequent
    legal incapacity of such holder and shall, to the extent
    permitted by applicable Laws, survive the death or incapacity,
    bankruptcy or insolvency of the holder and all obligations of
    the holder therein shall be binding upon the heirs, executors,
    administrators, attorneys, personal representatives, successors
    and assigns of such holder.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Formation
    of Agreement; Shareholder&#146;s Representations and
    Warranties</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The acceptance of the Offer pursuant to the procedures set out
    above constitutes a binding agreement between a depositing
    Shareholder and Barrick, effective immediately following the
    time at which Barrick takes up the Common Shares deposited by
    such Shareholder, in accordance with the terms and conditions of
    the Offer. This agreement includes a representation and warranty
    by the depositing Shareholder that (a)&#160;the person signing
    the Letter of Transmittal or on whose behalf a book-entry
    transfer is made has full power and authority to deposit, sell,
    assign and transfer the Deposited Common Shares and all rights
    and benefits arising from such Deposited Common Shares
    including, without limitation, any Distributions, (b)&#160;the
    person signing the Letter of Transmittal or on whose behalf a
    book-entry transfer is made owns the Deposited Common Shares and
    any Distributions deposited under the Offer, (c)&#160;the
    Deposited Common Shares and Distributions have not been sold,
    assigned or transferred, nor has any agreement been entered into
    to sell, assign or transfer any of the Deposited Common Shares
    or Distributions, to any other person, (d)&#160;the deposit of
    the Deposited Common Shares and Distributions complies with
    applicable Laws, and (e)&#160;when the Deposited Common Shares
    and Distributions are taken up and paid for by Barrick, Barrick
    will acquire good title thereto (and to any Distributions), free
    and clear of all liens, restrictions, charges, encumbrances,
    claims and rights of others.
</DIV>


<!-- link1 "4.Conditions of the Offer" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">4.&#160;</FONT></B>
</TD>
    <TD>
    <A name='107'></A><B><FONT style="font-family: 'Times New Roman', Times">Conditions
    of the Offer</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Notwithstanding any other provision of the Offer and subject to
    applicable Laws, Barrick will have the right to withdraw the
    Offer and not take up and pay for or extend the period of time
    during which the Offer is open and postpone taking up and paying
    for, any Common Shares deposited under the Offer, unless all of
    the following conditions are satisfied or waived by Barrick at
    or prior to the Expiry Time:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (a)&#160;
</TD>
    <TD align="left">
    there shall have been validly deposited under the Offer and not
    withdrawn at the Expiry Time that number of Common Shares which
    constitutes at least
    66<FONT style="vertical-align: top; font-size: 70&#37;">2</FONT>/<FONT style="font-size: 70&#37;">3</FONT>%
    of the Common Shares outstanding calculated on a fully diluted
    basis (the &#147;<B>Minimum Tender Condition</B>&#148;);
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (b)&#160;
</TD>
    <TD align="left">
    all requisite government and regulatory approvals, waiting or
    suspensory periods (and any extensions thereof), waivers,
    permits, consents, reviews, sanctions, orders, rulings,
    decisions, declarations, certificates and exemptions (including,
    among others, those of any stock exchanges or other securities
    or regulatory authorities) that are, as determined by Barrick,
    acting reasonably, necessary or advisable to complete the Offer,
    any Compulsory Acquisition or any Subsequent Acquisition
    Transaction shall have been obtained, received or concluded or,
    in the case of waiting or suspensory periods, expired or been
    terminated, each on terms and conditions satisfactory to
    Barrick, acting reasonably;
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (c)&#160;
</TD>
    <TD align="left">
    the Support Agreement shall not have been terminated by Arizona
    Star or by Barrick in accordance with its terms;
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (d)&#160;
</TD>
    <TD align="left">
    Barrick shall have determined, acting reasonably, that:
    (x)&#160;no act, action, suit or proceeding shall have been
    taken or threatened in writing before or by any Governmental
    Entity or by an elected or appointed public official or private
    person (including, without limitation, any individual,
    corporation, firm, group or other
</TD>
</TR>

</TABLE>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    14
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>
</TD>
    <TD align="left">
    entity) whether or not having the force of Law; and (y)&#160;no
    Law, regulation or policy shall exist or have been proposed,
    enacted, entered, promulgated or applied, in either case:
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="9%"></TD>
    <TD width="5%"></TD>
    <TD width="86%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (i)&#160;
</TD>
    <TD align="left">
    to cease trade, enjoin, prohibit or impose material limitations
    or conditions on the purchase by or the sale to Barrick of the
    Common Shares or the right of Barrick to own or exercise full
    rights of ownership of the Common Shares;
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (ii)&#160;
</TD>
    <TD align="left">
    which, if the Offer (or any Compulsory Acquisition or any
    Subsequent Acquisition Transaction) were consummated, would
    reasonably be expected to have a Material Adverse Effect in
    respect of Arizona Star or Barrick;
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (iii)&#160;
</TD>
    <TD align="left">
    which would materially and adversely affect the ability of
    Barrick to proceed with the Offer (or any Compulsory Acquisition
    or any Subsequent Acquisition Transaction)
    <FONT style="white-space: nowrap">and/or</FONT> take
    up and pay for any Common Shares deposited under the Offer;
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (iv)&#160;
</TD>
    <TD align="left">
    seeking to obtain from Barrick or any of Barrick&#146;s
    subsidiaries or Arizona Star or any of Arizona Star&#146;s
    subsidiaries any material damages directly or indirectly in
    connection with the Offer (or any Compulsory Acquisition or any
    Subsequent Acquisition Transaction);&#160;or
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (v)&#160;
</TD>
    <TD align="left">
    seeking to prohibit or limit the ownership or operation by
    Barrick of any material portion of the business or assets of
    Arizona Star or Arizona Star&#146;s subsidiaries or to compel
    Barrick or Barrick&#146;s subsidiaries to dispose of or hold
    separate any material portion of the business or assets of
    Arizona Star or any of Arizona Star&#146;s subsidiaries as a
    result of the Offer (or any Compulsory Acquisition or any
    Subsequent Acquisition Transaction);
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (e)&#160;
</TD>
    <TD align="left">
    there shall not exist any prohibition at Law against Barrick
    making or maintaining the Offer or taking up and paying for any
    Common Shares deposited under the Offer or completing a
    Compulsory Acquisition or any Subsequent Acquisition Transaction;
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (f)&#160;
</TD>
    <TD align="left">
    Barrick shall have determined, acting reasonably, that there
    shall not exist or have occurred (or, if there does exist or
    shall have occurred prior to the date of the Support Agreement,
    there shall not have been disclosed, generally or to Barrick in
    writing on or before the execution and delivery of the Support
    Agreement) any change, condition, event or development (or any
    change, condition, event or development involving a prospective
    change) which, when considered either individually or in the
    aggregate, has resulted or would reasonably be expected to
    result in a Material Adverse Effect in respect of Arizona Star;
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 9%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (g)&#160;
</TD>
    <TD align="left">
    Arizona Star shall have complied in all material respects with
    its covenants and obligations under the Support Agreement to be
    complied with at or prior to the Expiry Time (without giving
    effect to, applying or taking into consideration any materiality
    qualification already contained in such covenant or obligation);
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (h)&#160;
</TD>
    <TD align="left">
    all representations and warranties made by Arizona Star in the
    Support Agreement shall be true and correct at and as of the
    Expiry Time, as if made at and as of such time (except for those
    expressly stated to speak at or as of an earlier time), except
    where such inaccuracies in the representations and warranties
    (without giving effect to, applying or taking into consideration
    any materiality or Material Adverse Effect qualification already
    contained within such representations and warranties),
    individually or in the aggregate, would not reasonably be
    expected to have a Material Adverse Effect in respect of Arizona
    Star or materially and adversely affect the ability of Barrick
    to proceed with the Offer or any Compulsory Acquisition or
    Subsequent Acquisition Transaction or, if the Offer or any
    Compulsory Acquisition or Subsequent Acquisition Transaction
    were consummated, would not reasonably be expected to have a
    Material Adverse Effect in respect of Arizona Star or Barrick;
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (i)&#160;
</TD>
    <TD align="left">
    Barrick shall not have become aware of any untrue statement of a
    material fact, or an omission to state a material fact that is
    required to be stated or that is necessary to make a statement
    not misleading in light of the circumstances in which it was
    made and at the date it was made (after giving effect to all
    subsequent filings made in relation to all matters covered in
    earlier filings), in any document filed by or on behalf of
    Arizona Star with any securities commission or similar
    securities regulatory authority in any of the provinces or
    territories of Canada or elsewhere, including any prospectus,
    annual information form, financial statement, material change
    report, management proxy circular, feasibility study or
    executive summary thereof, press release or
</TD>
</TR>

</TABLE>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    15
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>
</TD>
    <TD align="left">
    any other document so filed by Arizona Star which Barrick shall
    have determined in its reasonable judgment constitutes a
    Material Adverse Effect with respect to Arizona Star;
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (j)&#160;
</TD>
    <TD align="left">
    Barrick shall have determined, acting reasonably, that there
    shall not have occurred, developed or come into effect or
    existence any event, action, state, condition or financial
    occurrence of national or international consequence, or any Law,
    regulation, action, government regulation, inquiry or other
    occurrence of any nature whatsoever, that materially adversely
    affects or involves, or could reasonably be expected to
    materially adversely affect or involve, the financial, banking
    or capital markets generally;
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (k)&#160;
</TD>
    <TD align="left">
    Barrick shall have determined in its reasonable discretion that,
    on terms satisfactory to Barrick: (i)&#160;the Arizona Star
    Board of Directors shall have waived the application of the
    Shareholder Rights Plan to the purchase of Common Shares by
    Barrick under the Offer, any Compulsory Acquisition and any
    Subsequent Acquisition Transaction; (ii)&#160;a cease trade
    order or an injunction shall have been issued that has the
    effect of prohibiting or preventing the exercise of SRP Rights
    or the issue of common shares of Arizona Star upon the exercise
    of the SRP Rights in relation to the purchase of Common Shares
    by Barrick under the Offer, any Compulsory Acquisition or any
    Subsequent Acquisition Transaction; (iii)&#160;a court of
    competent jurisdiction shall have ordered that the SRP Rights
    are illegal or of no force or effect or may not be exercised in
    relation to the Offer, any Compulsory Acquisition or any
    Subsequent Acquisition Transaction; or (iv)&#160;the SRP Rights
    and the Shareholder Rights Plan shall otherwise have become or
    been held unexercisable or unenforceable in relation to the
    Common Shares with respect to the Offer, any Compulsory
    Acquisition and any Subsequent Acquisition Transaction and any
    acquisition of Common Shares pursuant thereto;
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (l)&#160;
</TD>
    <TD align="left">
    all outstanding Options will have been exercised in full,
    cancelled or irrevocably released, surrendered or waived or
    otherwise dealt with on terms satisfactory to Barrick, acting
    reasonably;&#160;and
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (m)&#160;
</TD>
    <TD align="left">
    each of the
    <FONT style="white-space: nowrap">Lock-Up</FONT>
    Agreements shall have been complied with and shall not have been
    terminated.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The foregoing conditions are for the exclusive benefit of
    Barrick and may be asserted by Barrick regardless of the
    circumstances giving rise to any such assertion, including any
    action or inaction by Barrick. Barrick may waive any of the
    foregoing conditions in whole or in part at any time and from
    time to time without prejudice to any other rights which Barrick
    may have. The failure by Barrick at any time to exercise any of
    the foregoing rights will not be deemed to be a waiver of any
    such right and each such right shall be deemed to be an ongoing
    right which may be asserted at any time and from time to time.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Any waiver of a condition or the termination or withdrawal of
    the Offer will be deemed to have been given and to be effective
    upon written notice or other communication confirmed in writing
    by Barrick to that effect to the Depositary at its principal
    office in Toronto, Ontario. Forthwith after giving any such
    notice, Barrick will make a public announcement of such waiver
    or withdrawal and, to the extent required by applicable Laws,
    will cause the Depositary as soon as practicable thereafter to
    notify the Shareholders in the manner set out in Section&#160;10
    of the Offer, &#147;Notices and Delivery&#148;, and will provide
    a copy of the aforementioned notice to the TSXV and the AMEX. If
    the Offer is withdrawn, Barrick will not be obligated to take
    up, accept for payment or pay for any Common Shares deposited
    under the Offer and the Depositary will promptly return all
    certificate(s) representing Deposited Common Shares, Letters of
    Transmittal, Notices of Guaranteed Delivery and related
    documents in its possession to the parties by whom they were
    deposited.
</DIV>


<!-- link1 "5.Extension, Variation or Change in the Offer" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">5.&#160;</FONT></B>
</TD>
    <TD>
    <A name='108'></A><B><FONT style="font-family: 'Times New Roman', Times">Extension,
    Variation or Change in the Offer</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The Offer is open for acceptance until, but not after, the
    Expiry Time, subject to extension or variation in Barrick&#146;s
    sole discretion, unless the Offer is withdrawn by Barrick.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Subject to the limitations hereafter described, Barrick reserves
    the right, in its sole discretion, at any time and from time to
    time while the Offer is open for acceptance (or at any other
    time if permitted by applicable Laws), to extend the Expiry Date
    or the Expiry Time or to vary the Offer by giving written notice
    (or other communication subsequently confirmed in writing,
    provided that such confirmation is not a condition of the
    effectiveness of the notice) of such extension or variation to
    the Depositary at its principal office in Toronto, Ontario, and
    by causing the Depositary as soon as practicable thereafter to
    communicate such notice in the manner set out in Section&#160;10
    of the Offer, &#147;Notices and Delivery&#148;, to all
    registered Shareholders whose Common Shares have not been taken
    up prior to the extension or variation. Barrick shall, as soon
    as practicable after giving notice of an extension or variation
    to the Depositary, make a public announcement of the extension
    or variation to the extent and in the manner required by
    applicable Laws and provide a copy of the notice
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    16
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    thereof to the TSXV and the AMEX. Any notice of extension or
    variation will be deemed to have been given and to be effective
    on the day on which it is delivered or otherwise communicated in
    writing to the Depositary at its principal office in Toronto,
    Ontario.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The Support Agreement and the
    <FONT style="white-space: nowrap">Lock-Up</FONT>
    Agreements restrict Barrick&#146;s ability to amend certain of
    the terms and conditions of the Offer without the prior written
    consent of Arizona Star and, in some cases, certain
    <FONT style="white-space: nowrap">Locked-Up</FONT>
    Shareholders. See Section&#160;5 of the Circular, &#147;Support
    Agreement&#148;, and Section&#160;6 of the Circular,
    <FONT style="white-space: nowrap">&#147;Lock-Up</FONT>
    Agreements&#148;.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Where the terms of the Offer are varied (other than a variation
    consisting solely of a waiver of one or more conditions), the
    Offer will not expire before ten days after the notice of such
    variation has been given to Shareholders, unless otherwise
    permitted by applicable Laws and subject to abridgement or
    elimination of that period pursuant to such order or orders or
    other forms of relief as may be granted by applicable courts and
    securities regulatory authorities.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If, prior to the Expiry Time or after the Expiry Time but before
    the expiry of all rights of withdrawal with respect to the
    Offer, a change occurs in the information contained in the Offer
    or the Circular, each as amended from time to time, that would
    reasonably be expected to affect the decision of a Shareholder
    to accept or reject the Offer (other than a change that is not
    within the control of Barrick or of an affiliate of Barrick),
    Barrick will give written notice of such change to the
    Depositary at its principal office in Toronto, Ontario, and will
    cause the Depositary to provide as soon as practicable
    thereafter notice of such change in the manner set out in
    Section&#160;10 of the Offer, &#147;Notices and Delivery&#148;,
    to all Shareholders whose Common Shares have not been taken up
    under the Offer at the date of the occurrence of the change, if
    required by applicable Laws. As soon as practicable after giving
    notice of a change in information to the Depositary, Barrick
    will make a public announcement of the change in information to
    the extent and in the manner required by applicable Laws and
    provide a copy of the notice thereof to the TSXV and the AMEX
    and the applicable securities regulatory authorities. Any notice
    of change in information will be deemed to have been given and
    to be effective on the day on which it is delivered or otherwise
    communicated to the Depositary at its principal office in
    Toronto, Ontario.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Notwithstanding the foregoing, but subject to applicable Laws,
    the Offer may not be extended by Barrick if all of the terms and
    conditions of the Offer, except those waived by Barrick, have
    been fulfilled or complied with, unless Barrick first takes up
    all Common Shares deposited under the Offer and not withdrawn.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    During any extension or in the event of any variation of the
    Offer or change in information, all Common Shares previously
    deposited and not taken up or withdrawn will remain subject to
    the Offer and may be taken up by Barrick in accordance with the
    terms hereof, subject to Section&#160;8 of the Offer,
    &#147;Withdrawal of Deposited Common Shares&#148;. An extension
    of the Expiry Time, a variation of the Offer or a change in
    information does not, unless otherwise expressly stated,
    constitute a waiver by Barrick of its rights under
    Section&#160;4 of the Offer, &#147;Conditions of the Offer&#148;.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If, prior to the Expiry Time, the consideration being offered
    for the Common Shares under the Offer is increased, the
    increased consideration will be paid to all depositing
    Shareholders whose Common Shares are taken up under the Offer,
    whether or not such Common Shares were taken up before the
    increase.
</DIV>


<!-- link1 "6.Take Up and Payment for Deposited Common Shares" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">6.&#160;</FONT></B>
</TD>
    <TD>
    <A name='109'></A><B><FONT style="font-family: 'Times New Roman', Times">Take
    Up and Payment for Deposited Common Shares</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If all of the conditions described in Section&#160;4 of the
    Offer, &#147;Conditions of the Offer&#148;, have been satisfied
    or waived by Barrick, Barrick will take up and pay for Common
    Shares validly deposited under the Offer and not properly
    withdrawn not later than two Business Days after the Expiry
    Time. Any Common Shares taken up under the Offer will be paid
    for promptly, and in any event not more than two Business Days
    after they are taken up. Subject to applicable Laws, any Common
    Shares deposited under the Offer after the first date on which
    Common Shares have been taken up by Barrick under the Offer but
    prior to the Expiry Time will be taken up and paid for within
    ten days of such deposit.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Barrick will be deemed to have taken up and accepted for payment
    Common Shares validly deposited and not withdrawn under the
    Offer if, as and when Barrick gives written notice or other
    communication confirmed in writing to the Depositary at its
    principal office in Toronto, Ontario to that effect. Subject to
    applicable Laws, Barrick expressly reserves the right in its
    sole discretion to delay taking up and paying for any Common
    Shares or to, on or after the initial Expiry Time, withdraw or
    terminate the Offer and not take up or pay for any Common Shares
    if any condition specified in Section&#160;4 of the Offer,
    &#147;Conditions of the Offer&#148;, is not satisfied or waived,
    by giving written notice thereof or other communication
    confirmed in writing to the Depositary at its principal office
    in Toronto, Ontario.
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    17
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Barrick will pay for Common Shares validly deposited under the
    Offer and not withdrawn by providing the Depositary with
    sufficient funds (by bank transfer or other means satisfactory
    to the Depositary) for transmittal to depositing Shareholders.
    Under no circumstances will any interest accrue or be paid by
    Barrick or the Depositary to persons depositing Common Shares on
    the purchase price of Common Shares purchased by Barrick,
    regardless of any delay in making payments for Common Shares.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The Depositary will act as the agent of persons who have
    deposited Common Shares in acceptance of the Offer for the
    purposes of receiving payment from Barrick and transmitting such
    payment to such persons, and receipt of payment by the
    Depositary will be deemed to constitute receipt of payment by
    persons depositing Common Shares.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Settlement with each Shareholder who has deposited (and not
    withdrawn) Common Shares under the Offer will be made by the
    Depositary issuing or causing to be issued a cheque (except for
    payments in excess of $25&#160;million, which will be made by
    wire transfer) payable in Canadian funds in the amount to which
    the person depositing Common Shares is entitled. Unless
    otherwise directed by the Letter of Transmittal, the cheque will
    be issued in the name of the registered holder of the Common
    Shares so deposited. Unless the person depositing the Common
    Shares instructs the Depositary to hold the cheque for
    <FONT style="white-space: nowrap">pick-up</FONT> by
    checking the appropriate box in the Letter of Transmittal, the
    cheque will be forwarded by first class mail to such person at
    the address specified in the Letter of Transmittal. If no such
    address is specified, the cheque will be sent to the address of
    the registered holder as shown on the securities registers
    maintained by or on behalf of Arizona Star. Cheques mailed in
    accordance with this paragraph will be deemed to be delivered at
    the time of mailing. Pursuant to applicable Laws, Barrick may,
    in certain circumstances, be required to make withholdings from
    the amount otherwise payable to a Shareholder.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Shareholders will not be required to pay any fee or commission
    if they accept the Offer by depositing their Common Shares
    directly with the Depositary.
</DIV>


<!-- link1 "7.Return of Deposited Common Shares" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">7.&#160;</FONT></B>
</TD>
    <TD>
    <A name='110'></A><B><FONT style="font-family: 'Times New Roman', Times">Return
    of Deposited Common Shares</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Any deposited Common Shares that are not taken up and paid for
    by Barrick pursuant to the terms and conditions of the Offer for
    any reason will be returned, at Barrick&#146;s expense, to the
    depositing Shareholder as soon as practicable after the Expiry
    Time or withdrawal or termination of the Offer, by either
    (i)&#160;sending certificates representing the Common Shares not
    purchased by first class insured mail to the address of the
    depositing Shareholder specified in the Letter of Transmittal
    or, if such name or address is not so specified, in such name
    and to such address as shown on the securities registers
    maintained by or on behalf of Arizona Star, or (ii)&#160;in the
    case of Common Shares deposited by book-entry transfer of such
    Common Shares pursuant to the procedures set out in
    Section&#160;3 of the Offer, &#147;Manner of
    Acceptance&#160;&#151; Acceptance by Book-Entry Transfer&#148;,
    such Common Shares will be credited to the depositing
    holder&#146;s account maintained with CDS or DTC, as applicable.
</DIV>


<!-- link1 "8.Withdrawal of Deposited Common Shares" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">8.&#160;</FONT></B>
</TD>
    <TD>
    <A name='111'></A><B><FONT style="font-family: 'Times New Roman', Times">Withdrawal
    of Deposited Common Shares</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Except as otherwise stated in this Section&#160;8 of the Offer
    or as otherwise required by applicable Law, all deposits of
    Common Shares under the Offer are irrevocable. Unless otherwise
    required or permitted by applicable Laws, any Common Shares
    deposited in acceptance of the Offer may be withdrawn at the
    place of deposit by or on behalf of the depositing Shareholder:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (a)&#160;
</TD>
    <TD align="left">
    at any time before the Common Shares have been taken up by
    Barrick under the Offer;
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (b)&#160;
</TD>
    <TD align="left">
    if the Common Shares have not been paid for by Barrick within
    three business days after having been taken up;&#160;or
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (c)&#160;
</TD>
    <TD align="left">
    at any time before the expiration of ten days from the date upon
    which either:
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="9%"></TD>
    <TD width="5%"></TD>
    <TD width="86%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (i)&#160;
</TD>
    <TD align="left">
    a notice of change relating to a change which has occurred in
    the information contained in the Offer or the Circular, as
    amended from time to time, that would reasonably be expected to
    affect the decision of a Shareholder to accept or reject the
    Offer (other than a change that is not within the control of
    Barrick or of an affiliate of Barrick), in the event that such
    change occurs before the Expiry Time or after the Expiry Time
    but before the expiry of all rights of withdrawal in respect of
    the Offer;&#160;or
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (ii)&#160;
</TD>
    <TD align="left">
    a notice of variation concerning a variation in the terms of the
    Offer (other than a variation consisting solely of an increase
    in the consideration offered for the Common Shares where the
    time for deposit is
</TD>
</TR>

</TABLE>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    18
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="9%"></TD>
    <TD width="5%"></TD>
    <TD width="86%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>
</TD>
    <TD align="left">
    not extended for more than ten&#160;days, or a variation
    consisting solely of a waiver of a condition of the Offer),
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 9%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    is mailed, delivered or otherwise properly communicated (subject
    to abridgement of that period pursuant to such order or orders
    or other forms of relief as may be granted by applicable courts
    or securities regulatory authorities) and only if such deposited
    Common Shares have not been taken up by Barrick at the date of
    the notice.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Withdrawals of Common Shares deposited under the Offer must be
    effected by notice of withdrawal made by or on behalf of the
    depositing Shareholder and must be received by the Depositary at
    the place of deposit of the applicable Common Shares (or Notice
    of Guaranteed Delivery in respect thereof) within the time
    limits indicated above. Notices of withdrawal: (a)&#160;must be
    made by a method, including a manually executed facsimile
    transmission, that provides the Depositary with a written or
    printed copy; (b)&#160;must be signed by or on behalf of the
    person(s) who signed the Letter of Transmittal accompanying (or
    Notice of Guaranteed Delivery in respect of) the Common Shares
    which are to be withdrawn; and (c)&#160;must specify such
    person&#146;s name, the number of Common Shares to be withdrawn,
    the name of the registered holder and the certificate number
    shown on each certificate representing the Common Shares to be
    withdrawn. Any signature in a notice of withdrawal must be
    guaranteed by an Eligible Institution in the same manner as in a
    Letter of Transmittal (as described in the instructions set out
    therein), except in the case of Common Shares deposited for the
    account of an Eligible Institution. The withdrawal will take
    effect only upon actual physical receipt by the Depositary of
    the properly completed and executed written notice of withdrawal.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If Common Shares have been deposited pursuant to the procedures
    for book-entry transfer, as set out in Section&#160;3 of this
    Offer, &#147;Manner of Acceptance&#160;&#151; Acceptance by
    Book-Entry Transfer&#148; any notice of withdrawal must specify
    the name and number of the account at CDS or DTC, as applicable,
    to be credited with the withdrawn Common Shares and otherwise
    comply with the procedures of CDS or DTC, as applicable.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>A withdrawal of Common Shares deposited under the Offer can
    only be accomplished in accordance with the foregoing
    procedures.</B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    All questions as to the validity (including, without limitation,
    timely receipt) and form of notices of withdrawal will be
    determined by Barrick in its sole discretion, and such
    determination will be final and binding. There shall be no duty
    or obligation of Barrick, the Depositary, the Information Agent
    or any other person to give notice of any defect or irregularity
    in any notice of withdrawal and no liability shall be incurred
    or suffered by any of them for failure to give such notice.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If Barrick extends the period of time during which the Offer is
    open, is delayed in taking up or paying for Common Shares or is
    unable to take up or pay for Common Shares for any reason, then,
    without prejudice to Barrick&#146;s other rights, Common Shares
    deposited under the Offer may, subject to applicable Laws, be
    retained by the Depositary on behalf of Barrick and such Common
    Shares may not be withdrawn except to the extent that depositing
    Shareholders are entitled to withdrawal rights as set out in
    this Section&#160;8 or pursuant to applicable Laws.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Withdrawals cannot be rescinded and any Common Shares withdrawn
    will thereafter be deemed to be not validly deposited for the
    purposes of the Offer, but may be re-deposited at any subsequent
    time prior to the Expiry Time by following any of the procedures
    described in Section&#160;3 of the Offer, &#147;Manner of
    Acceptance&#148;.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    In addition to the foregoing rights of withdrawal, Shareholders
    in certain provinces of Canada are entitled to statutory rights
    of rescission or to damages, or both, in certain circumstances.
    See Section&#160;25 of the Circular, &#147;Statutory
    Rights&#148;.
</DIV>


<!-- link1 "9.Changes in Capitalization; Adjustments; Liens" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">9.&#160;</FONT></B>
</TD>
    <TD>
    <A name='112'></A><B><FONT style="font-family: 'Times New Roman', Times">Changes
    in Capitalization; Adjustments; Liens</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If, on or after the date of the Offer, Arizona Star should
    divide, combine, reclassify, consolidate, convert or otherwise
    change any of the Common Shares or its capitalization, or
    disclose that it has taken or intends to take any such action,
    then Barrick may, in its sole discretion and without prejudice
    to its rights under &#147;Conditions of the Offer&#148; in
    Section&#160;4 of the Offer, make such adjustments as it
    considers appropriate to the purchase price and other terms of
    the Offer (including, without limitation, the type of securities
    offered to be purchased and the amount payable therefor) to
    reflect such division, combination, reclassification,
    consolidation, conversion or other change.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Common Shares and any Distributions acquired pursuant to the
    Offer shall be transferred by the Shareholder and acquired by
    Barrick free and clear of all liens, restrictions, charges,
    encumbrances, claims and equities and together with all rights
    and benefits arising therefrom, including without limitation,
    the right to any and all dividends, distributions,
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    19
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    payments, securities, property, rights (including SRP Rights),
    assets or other interests which may be accrued, declared, paid,
    issued, distributed, made or transferred on or after the date of
    the Offer on or in respect of the Common Shares. If, on or after
    the date of the Offer, Arizona Star should declare, set aside or
    pay any dividend or declare, make or pay any other distribution
    or payment on or declare, allot, reserve or issue any
    securities, rights or other interests with respect to any Common
    Share, which is or are payable or distributable to Shareholders
    on a record date prior to the date of transfer into the name of
    Barrick or its nominee or transferee on the securities registers
    maintained by or on behalf of Arizona Star in respect of Common
    Shares accepted for purchase under the Offer, then (and without
    prejudice to its rights under &#147;Conditions of the
    Offer&#148; in Section&#160;4 of the Offer): (a)&#160;in the
    case of cash dividends, distributions or payments, the amount of
    dividends, distributions or payments shall be received and held
    by the depositing Shareholders for the account of Barrick until
    Barrick pays for such Common Shares, and to the extent that such
    dividends, distributions or payments do not exceed the cash
    purchase price per Common Share payable by Barrick pursuant to
    the Offer, the cash purchase price per Common Share, as the case
    may be, pursuant to the Offer will be reduced by the amount of
    any such dividend, distribution or payment; (b)&#160;in the case
    of non-cash dividends, distributions, payments, securities,
    property, rights, assets or other interests, the whole of any
    such non-cash dividends, distributions, payments, securities,
    property, rights, assets or other interests shall be received
    and held by the depositing Shareholders for the account of
    Barrick and shall be required to be promptly remitted and
    transferred by the depositing Shareholders to the Depositary for
    the account of Barrick, accompanied by appropriate documentation
    of transfer; and (c)&#160;in the case of any cash dividends,
    distributions or payments in an aggregate amount that exceeds
    the cash purchase price per Common Share payable by Barrick
    pursuant to the Offer, the whole of any such cash dividend,
    distribution or payment shall be received and held by the
    depositing Shareholders for the account of Barrick and shall be
    required to be promptly remitted and transferred by the
    depositing Shareholders to the Depositary for the account of
    Barrick, accompanied by appropriate documentation of transfer.
    Pending such remittance, Barrick will be entitled to all rights
    and privileges as the owner of any such dividend, distribution,
    payment, securities, property, rights, assets or other interests
    and may withhold the entire purchase price payable by Barrick
    under the Offer or deduct from the consideration payable by
    Barrick under the Offer the amount or value thereof, as
    determined by Barrick in its sole discretion.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The declaration or payment of any such dividend or distribution
    may have tax consequences not discussed under &#147;Certain
    Canadian Federal Income Tax Considerations&#148; in
    Section&#160;19 of the Circular or &#147;Certain
    United&#160;States Federal Income Tax Considerations&#148; in
    Section&#160;20 of the Circular.
</DIV>


<!-- link1 "10.Notices and Delivery" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">10.&#160;</FONT></B>
</TD>
    <TD>
    <A name='113'></A><B><FONT style="font-family: 'Times New Roman', Times">Notices
    and Delivery</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Without limiting any other lawful means of giving notice, and
    unless otherwise specified by applicable Laws, any notice to be
    given by Barrick or the Depositary under the Offer will be
    deemed to have been properly given if it is mailed by first
    class mail, postage prepaid, to the registered Shareholders at
    their respective addresses as shown on the securities registers
    maintained by or on behalf of Arizona Star and, unless otherwise
    specified by applicable Laws, will be deemed to have been
    received on the first business day following the date of
    mailing. These provisions apply notwithstanding any accidental
    omission to give notice to any one or more Shareholders and
    notwithstanding any interruption of mail services following
    mailing. Except as otherwise permitted by applicable Laws, in
    the event of any interruption or delay of mail service following
    mailing, Barrick intends to make reasonable efforts to
    disseminate the notice by other means, such as publication.
    Except as otherwise required or permitted by Law, if post
    offices in Canada or the United States are not open for the
    deposit of mail, any notice which Barrick or the Depositary may
    give or cause to be given to Shareholders under the Offer will
    be deemed to have been properly given and to have been received
    by Shareholders if (a)&#160;it is given to the TSXV and the AMEX
    for dissemination through their respective facilities;
    (b)&#160;it is published once in the National Edition of <I>The
    Globe and Mail </I>or <I>The National Post</I>; or (c)&#160;or
    it is given to the Canada News Wire Service for dissemination
    through its facilities.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The Offer and Circular and the accompanying Letter of
    Transmittal and Notice of Guaranteed Delivery will be mailed to
    registered holders of Common Shares by first class mail, postage
    prepaid or made in such other manner as is permitted by
    applicable Laws and Barrick will use its reasonable efforts to
    furnish such documents to investment advisors, stockbrokers,
    banks, trust companies and similar persons whose names, or the
    names of whose nominees, appear in the securities registers
    maintained by or on behalf of Arizona Star in respect of the
    Common Shares or, if security position listings are available,
    who are listed as participants in a clearing agency&#146;s
    security position listing, for subsequent transmittal to the
    beneficial owners of Common Shares where such listings are
    received.
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    20
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Wherever the Offer calls for documents to be delivered to the
    Depositary, such documents will not be considered delivered
    unless and until they have been physically received at the
    Toronto, Ontario office of the Depositary specified in the
    Letter of Transmittal or in the Notice of Guaranteed Delivery,
    as applicable.
</DIV>


<!-- link1 "11.Mail Service Interruption" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">11.&#160;</FONT></B>
</TD>
    <TD>
    <A name='114'></A><B><FONT style="font-family: 'Times New Roman', Times">Mail
    Service Interruption</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Notwithstanding the provisions of the Offer, the Circular, the
    Letter of Transmittal and the Notice of Guaranteed Delivery,
    cheques and any other relevant documents will not be mailed if
    Barrick determines that delivery thereof by mail may be delayed.
    Persons entitled to cheques
    <FONT style="white-space: nowrap">and/or</FONT> any
    other relevant documents which are not mailed for the foregoing
    reason may take delivery thereof at the office of the
    Depositary, to which the deposited certificate(s) for Common
    Shares were delivered until such time as Barrick has determined
    that delivery by mail will no longer be delayed. Barrick shall
    provide notice of any such determination not to mail made under
    this Section&#160;11 as soon as reasonably practicable after the
    making of such determination and in accordance with
    Section&#160;10 of the Offer, &#147;Notices and Delivery&#148;.
    Notwithstanding Section&#160;6 of the Offer, &#147;Take Up and
    Payment for Deposited Common Shares&#148;, cheques and any other
    relevant documents not mailed for the foregoing reason will be
    conclusively deemed to have been delivered on the first day upon
    which they are available for delivery to the depositing
    Shareholder at the Toronto, Ontario office of the Depositary.
</DIV>


<!-- link1 "12.Market Purchases" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">12.&#160;</FONT></B>
</TD>
    <TD>
    <A name='115'></A><B><FONT style="font-family: 'Times New Roman', Times">Market
    Purchases</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Except as set forth below, Barrick reserves the right to, and
    may acquire, or cause an affiliate to acquire, beneficial
    ownership of Common Shares by making purchases through the
    facilities of the TSXV, subject to applicable Laws, at any time
    prior to the Expiry Time. In no event will Barrick make any such
    purchases of Common Shares until the third business day (as
    defined in the BCSA) following the date of the Offer. If Barrick
    purchases Common Shares during the Offer other than pursuant to
    the Offer, the Common Shares so purchased will be counted in the
    determination as to whether the Minimum Tender Condition has
    been fulfilled. The aggregate number of Common Shares acquired
    by Barrick through the facilities of the TSXV after the date of
    the Offer to and including the Expiry Date shall not exceed 5%
    of the outstanding Common Shares as of the date of the Offer,
    and Barrick will issue and file a news release forthwith after
    the close of business of the TSXV on each day on which such
    Common Shares have been purchased. The news release will
    disclose the purchaser, the number of Common Shares purchased by
    the purchaser on that day, the highest price paid by the
    purchaser for Common Shares on that day, the average price paid
    for the Common Shares purchased by the purchaser through the
    facilities of the TSXV during the currency of the Offer, and the
    total number of securities owned by the purchaser as of the
    close of business of the TSXV on that day. For the purposes of
    this Section&#160;12, &#147;Barrick&#148; includes Barrick and
    any person acting jointly or in concert with Barrick.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Although Barrick has no present intention to sell Common Shares
    taken up under the Offer, subject to applicable Laws, Barrick
    and its affiliates reserve the right to make or enter into
    arrangements, commitments or understandings at or prior to the
    Expiry Time to sell any of such Common Shares after the Expiry
    Time, subject to compliance with applicable securities laws.
</DIV>


<!-- link1 "13.Other Terms of the Offer" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">13.&#160;</FONT></B>
</TD>
    <TD>
    <A name='116'></A><B><FONT style="font-family: 'Times New Roman', Times">Other
    Terms of the Offer</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (a)&#160;
</TD>
    <TD align="left">
    The Offer and all contracts resulting from acceptance thereof
    shall be governed by and construed in accordance with the laws
    of the Province of Ontario and the federal laws of Canada
    applicable therein. Each party to any agreement resulting from
    the acceptance of the Offer unconditionally and irrevocably
    attorns to the exclusive jurisdiction of the courts of the
    Province of Ontario and all courts competent to hear appeals
    therefrom.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (b)&#160;
</TD>
    <TD align="left">
    Barrick reserves the right to transfer to one or more affiliates
    of Barrick the right to purchase all or any portion of the
    Common Shares deposited under the Offer, but any such transfer
    will not relieve Barrick of its obligation under the Offer and
    will in no way prejudice the rights of persons depositing Common
    Shares to receive payment for Common Shares validly deposited
    and accepted for payment under the Offer.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (c)&#160;
</TD>
    <TD align="left">
    In any jurisdiction in which the Offer is required to be made by
    a licensed broker or dealer, the Offer shall be made on behalf
    of Barrick by brokers or dealers licensed under the laws of such
    jurisdiction.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (d)&#160;
</TD>
    <TD align="left">
    No broker, dealer or other person has been authorized to give
    any information or make any representation on behalf of Barrick
    not contained herein or in the accompanying Circular, and, if
    given or made, such
</TD>
</TR>

</TABLE>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    21
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>
</TD>
    <TD align="left">
    information or representation must not be relied upon as having
    been authorized. No stockbroker, investment dealer or other
    person shall be deemed to be the agent of Barrick, the
    Depositary or the Information Agent for the purposes of the
    Offer.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (e)&#160;
</TD>
    <TD align="left">
    The provisions of the Glossary, the Summary, the Circular, the
    Letter of Transmittal and the Notice of Guaranteed Delivery,
    including the instructions contained therein, as applicable,
    form part of the terms and conditions of the Offer.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (f)&#160;
</TD>
    <TD align="left">
    Barrick, in its sole discretion, will be entitled to make a
    final and binding determination of all questions relating to the
    interpretation of the terms and conditions of the Offer
    (including, without limitation, the satisfaction of the
    conditions of the Offer), the Offer and Circular, the Letter of
    Transmittal and the Notice of Guaranteed Delivery, the validity
    of any acceptance of the Offer and the validity of any
    withdrawals of Common Shares.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (g)&#160;
</TD>
    <TD align="left">
    Barrick reserves the right to waive any defect in acceptance
    with respect to any particular Common Share or any particular
    Shareholder. There shall be no duty or obligation of Barrick,
    the Depositary, the Information Agent or any other person to
    give notice of any defect or irregularity in the deposit of any
    Common Shares or in any notice of withdrawal and in each case no
    liability shall be incurred or suffered by any of them for
    failure to give such notice.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (h)&#160;
</TD>
    <TD align="left">
    The Offer and Circular do not constitute an offer or a
    solicitation to any person in any jurisdiction in which such
    offer or solicitation is unlawful. The Offer is not being made
    to, nor will deposits be accepted from or on behalf of,
    Shareholders in any jurisdiction in which the making of the
    Offer or the acceptance thereof would not be in compliance with
    the Laws of such jurisdiction. However, Barrick may, in its sole
    discretion, take such action as it may deem necessary to make
    the Offer in any jurisdiction and extend the Offer to
    Shareholders in any such jurisdiction.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The Offer and the accompanying Circular constitute the take-over
    bid circular required under Canadian provincial securities
    legislation with respect to the Offer. Shareholders are urged to
    refer to the accompanying Circular for additional information
    relating to the Offer.
</DIV>

<DIV style="margin-top: 24pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
<!-- Table Width Row -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="50%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="48%">&nbsp;</TD>	<!-- colindex=02 type=maindata -->
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    Dated: November&#160;9, 2007
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    <B>BARRICK GOLD CORPORATION</B>
</TD>
</TR>
<TR valign="bottom" style="line-height: 12pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    <IMG src="o38371wilkins.gif" alt="-s- Gregory C. Wilkins" >
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    <FONT style="font-variant: SMALL-CAPS">Gregory C. Wilkins
    </FONT>
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    President and Chief Executive Officer
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    22
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->


<!-- link1 "CIRCULAR" -->


<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <A name='117'></A><B><FONT style="font-family: 'Times New Roman', Times">CIRCULAR</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <I>This Circular is furnished in connection with the
    accompanying Offer dated November&#160;9, 2007 by Barrick to
    purchase all of the issued and outstanding Common Shares of
    Arizona Star. The terms and conditions of the Offer, the Letter
    of Transmittal and the Notice of Guaranteed Delivery are
    incorporated into and form part of this Circular. Shareholders
    should refer to the Offer for details of the terms and
    conditions of the Offer, including details as to the manner of
    payment and withdrawal rights. Terms defined in the Glossary and
    not otherwise defined in this Circular have the respective
    meanings given to them in the Glossary, unless the context
    otherwise requires.</I>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <I>Unless otherwise indicated, the information concerning
    Arizona Star contained in the Offer and Circular has been taken
    from or based upon publicly available documents and records on
    file with Canadian securities authorities and other public
    sources available at the time of the Offer. Although Barrick has
    no knowledge that would indicate that any statements contained
    herein relating to Arizona Star taken from or based on such
    documents and records are untrue or incomplete, neither Barrick
    nor any of its officers or directors assumes any responsibility
    for the accuracy or completeness of such information or for any
    failure by Arizona Star to disclose events or facts that may
    have occurred or which may affect the significance or accuracy
    of any such information but that are unknown to Barrick. Unless
    otherwise indicated, information concerning Arizona Star is
    given as of April&#160;30, 2007.</I>
</DIV>


<!-- link1 "1.Barrick" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">1.&#160;</FONT></B>
</TD>
    <TD>
    <A name='118'></A><B><FONT style="font-family: 'Times New Roman', Times">Barrick</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Barrick is a leading international gold mining company, with a
    portfolio of 27 operating mines and nine advanced exploration
    and development projects located across five continents and a
    large land position on the world&#146;s best exploration belts.
    Barrick holds a pre-eminent position within the gold mining
    industry. Barrick&#146;s vision is to be the world&#146;s best
    gold company by finding, acquiring, developing and producing
    quality reserves in a safe, profitable and socially responsible
    manner.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Barrick&#146;s shares are listed on the Toronto Stock Exchange
    and the New York Stock Exchange under the symbol
    &#147;ABX&#148;. Barrick is a corporation existing under the
    <I>Business Corporations Act </I>(Ontario), as amended,
    resulting from the amalgamation of Barrick Gold Corporation and
    Placer Dome Inc. on May&#160;9, 2006. Barrick&#146;s head office
    and principal place of business is Brookfield Place, TD Canada
    Trust&#160;Tower, Suite&#160;3700, 161 Bay Street,
    P.O.&#160;Box&#160;212, Toronto, Ontario, Canada M5J 2S1.
</DIV>


<!-- link1 "2.Arizona Star" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">2.&#160;</FONT></B>
</TD>
    <TD>
    <A name='119'></A><B><FONT style="font-family: 'Times New Roman', Times">Arizona
    Star</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Arizona Star is a Canadian mining exploration company that
    currently holds a 51% interest in the Aldebaran Property in
    Chile, which includes the large development stage Cerro Casale
    gold-copper deposit.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Arizona Star was incorporated under the <I>Company Act
    </I>(British Columbia) on February&#160;3, 1986. Arizona
    Star&#146;s Articles were substituted on August&#160;15, 1990.
    In 2004, the Company transitioned under the BCBCA and, in 2006,
    amended its Notice of Articles to remove the application of
    certain provisions of the predecessor <I>Company Act
    </I>(British Columbia) and adopted a new set of Articles to
    reflect that alteration and otherwise be consistent with the
    provisions of the BCBCA.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Arizona Star&#146;s Common Shares are listed on the TSXV and the
    AMEX under the symbol &#147;AZS&#148;. Arizona Star&#146;s head
    office is located at 401 Bay Street, Suite&#160;2700,
    P.O.&#160;Box&#160;152, Toronto, Ontario, Canada M5H 2Y4 and the
    registered and records office is located at
    15<SUP style="font-size: 85%; vertical-align: text-top">th</SUP>&#160;Floor,
    Suite&#160;1500, The Grosvenor Building, 1040 Georgia Street,
    Vancouver, British Columbia, Canada V6E 4H8.
</DIV>


<!-- link1 "3.Certain Information Concerning Arizona Star and Its Securities" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">3.&#160;</FONT></B>
</TD>
    <TD>
    <A name='120'></A><B><FONT style="font-family: 'Times New Roman', Times">Certain
    Information Concerning Arizona Star and Its Securities</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Share
    Capital of Arizona Star</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The authorized capital of Arizona Star consists of 100,000,000
    Common Shares without par value. Arizona Star has represented to
    Barrick in the Support Agreement that as of October&#160;28,
    2007, there were issued and outstanding (a)&#160;42,325,937
    Common Shares, and (b)&#160;625,000 Options to acquire an
    aggregate of 625,000 Common Shares.
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    23
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Prior
    Distributions and Purchases of Common Shares</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Based on publicly available information, Barrick believes that
    the following table sets out all distributions and purchases of
    Common Shares by Arizona Star during the five years preceding
    the Offer:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
<!-- Table Width Row -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=01 type=lead -->
    <TD width="7%" align="right">&nbsp;</TD>	<!-- colindex=01 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>	<!-- colindex=01 type=hang1 -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="63%">&nbsp;</TD>	<!-- colindex=02 type=maindata -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=03 type=lead -->
    <TD width="8%" align="right">&nbsp;</TD>	<!-- colindex=03 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>	<!-- colindex=03 type=hang1 -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=04 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=04 type=lead -->
    <TD width="9%" align="right">&nbsp;</TD>	<!-- colindex=04 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>	<!-- colindex=04 type=hang1 -->
</TR>
<TR style="font-size: 10pt" valign="bottom" align="center">
<TD colspan="2" nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Aggregate<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom" align="center">
<TD colspan="2" nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Gross<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom" align="center">
<TD colspan="2" nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Price Per&#160;<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Proceeds to<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD colspan="2" nowrap align="left" valign="bottom">
    <B><FONT style="font-size: 10pt">Period<SUP style="font-size: 85%; vertical-align: text-top">(1)</SUP></FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    <B><FONT style="font-size: 10pt">Securities Issued</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B><FONT style="font-size: 10pt">&#160;Security<SUP style="font-size: 85%; vertical-align: text-top">(2)</SUP></FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B><FONT style="font-size: 10pt">Arizona Star</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="2" nowrap align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="line-height: 3pt; font-size: 1pt">
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD nowrap align="right" valign="top">
    <B>2002</B>
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    Nil.
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD nowrap align="right" valign="top">
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD nowrap align="right" valign="top">
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD nowrap align="right" valign="top">
    <B>2003</B>
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Issuance of 308,000 Common Shares on the exercise of
    options.<SUP style="font-size: 85%; vertical-align: text-top">(2)</SUP>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    $
</TD>
<TD nowrap align="right" valign="top">
    1.00
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    $
</TD>
<TD nowrap align="right" valign="top">
    308,000
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD nowrap align="right" valign="top">
    <B>2004</B>
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Issuance of 257,500 Common Shares on the exercise of
    options.<SUP style="font-size: 85%; vertical-align: text-top">(2)</SUP>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    $
</TD>
<TD nowrap align="right" valign="top">
    1.00
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    $
</TD>
<TD nowrap align="right" valign="top">
    257,500
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD nowrap align="right" valign="top">
    <B>2005</B>
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Issuance of 800,000 Common Shares by private placement.
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    $
</TD>
<TD nowrap align="right" valign="top">
    6.40
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    $
</TD>
<TD nowrap align="right" valign="top">
    5,120,000
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD nowrap align="right" valign="top">
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Issuance of 485,000 Common Shares on the exercise of
    options.<SUP style="font-size: 85%; vertical-align: text-top">(2)</SUP>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    $
</TD>
<TD nowrap align="right" valign="top">
    1.00
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    $
</TD>
<TD nowrap align="right" valign="top">
    485,000
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD nowrap align="right" valign="top">
    <B>2006</B>
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    Nil.
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD nowrap align="right" valign="top">
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD nowrap align="right" valign="top">
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD nowrap align="right" valign="top">
    <B>2007</B>
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Issuance of 650,000 Common Shares by private placement.
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    $
</TD>
<TD nowrap align="right" valign="top">
    9.25
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    $
</TD>
<TD nowrap align="right" valign="top">
    6,012,500
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD nowrap align="right" valign="top">
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Issuance of 75,000 Common Shares on the exercise of
    options.<SUP style="font-size: 85%; vertical-align: text-top">(2)</SUP>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    $
</TD>
<TD nowrap align="right" valign="top">
    1.00
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    $
</TD>
<TD nowrap align="right" valign="top">
    75,000
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD nowrap align="right" valign="top">
    <B>2008</B>
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    Nil.
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD nowrap align="right" valign="top">
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD nowrap align="right" valign="top">
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="font-size: 1pt; margin-left: 0%; width: 12%; align: left; border-bottom: 1pt solid #000000"></DIV><!-- callerid=999 iwidth=479 length=60 -->

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>



<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="1%"></TD>
    <TD width="95%"></TD>
</TR>

<TR>
    <TD align="right" valign="top">
    <SUP style="font-size: 85%; vertical-align: text-top"><FONT style="font-size: 8pt">(1)</FONT></SUP></TD>
    <TD></TD>
    <TD valign="bottom">
    <FONT style="font-size: 8pt">The period referenced is the
    financial year of Arizona Star, which ends on April 30 in each
    year. For 2008, the period referenced is the period from
    May&#160;1, 2007 to July&#160;31, 2007.
    </FONT></TD>
</TR>


<TR style="line-height: 3pt; font-size: 1pt"><TD>&nbsp;</TD></TR>

<TR>
    <TD align="right" valign="top">
    <SUP style="font-size: 85%; vertical-align: text-top"><FONT style="font-size: 8pt">(2)</FONT></SUP></TD>
    <TD></TD>
    <TD valign="bottom">
    <FONT style="font-size: 8pt">For Common Shares issued on the
    exercise of options, the price per security is the average
    exercise price per security.
    </FONT></TD>
</TR>

</TABLE>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Dividend
    Record of Common Shares</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Since its incorporation, Arizona Star has not paid any dividends
    on its Common Shares. According to Arizona Star&#146;s annual
    information form dated July&#160;27, 2007, the payment of
    dividends by Arizona Star in the future is dependent upon the
    earnings and financial condition of Arizona Star and other
    factors which the Board of Directors of Arizona Star may deem
    appropriate from time to time.
</DIV>


<!-- link1 "4.Price Range and Trading Volume of Arizona Star Common Shares" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">4.&#160;</FONT></B>
</TD>
    <TD>
    <A name='121'></A><B><FONT style="font-family: 'Times New Roman', Times">Price
    Range and Trading Volume of Arizona Star Common Shares</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The Common Shares are listed and posted for trading on the TSXV
    and the AMEX. The closing price of the Common Shares on the TSXV
    and the AMEX on October&#160;26, 2007, the last trading day
    prior to Barrick&#146;s announcement of its intention to make
    the Offer on October&#160;29, 2007, was Cdn.$14.70 and US$15.24,
    respectively. <B>The Offer represents a premium of 27% over the
    volume weighted average trading price of the Common Shares on
    the TSXV for the 20 trading days ending on October&#160;26,
    2007.</B>
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    24
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The following table sets forth, for the periods indicated, the
    reported high and low daily trading prices and the aggregate
    volume of trading of the Common Shares on the TSXV and the AMEX
    for the periods indicated:
</DIV>

<DIV style="margin-top: 9pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
<!-- Table Width Row -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="48%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="4%">&nbsp;</TD>	<!-- colindex=02 type=maindata -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="4%">&nbsp;</TD>	<!-- colindex=03 type=maindata -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=04 type=gutter -->
    <TD width="9%">&nbsp;</TD>	<!-- colindex=04 type=maindata -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=05 type=gutter -->
    <TD width="5%">&nbsp;</TD>	<!-- colindex=05 type=maindata -->
    <TD width="4%">&nbsp;</TD>	<!-- colindex=06 type=gutter -->
    <TD width="5%">&nbsp;</TD>	<!-- colindex=06 type=maindata -->
    <TD width="4%">&nbsp;</TD>	<!-- colindex=07 type=gutter -->
    <TD width="6%">&nbsp;</TD>	<!-- colindex=07 type=maindata -->
</TR>
<TR style="font-size: 10pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="5" align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B>Trading of Common Shares</B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="5" align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B>Trading of Common Shares</B>
</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="5" align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B>TSXV</B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="5" align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B>AMEX</B>
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B><FONT style="font-size: 10pt">High</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B><FONT style="font-size: 10pt">Low</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B><FONT style="font-size: 10pt">Volume</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B><FONT style="font-size: 10pt">High</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B><FONT style="font-size: 10pt">Low</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B><FONT style="font-size: 10pt">Volume</FONT></B>
</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>($)</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>($)</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>(#)</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>(US$)</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>(US$)</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    <B>(#)</B>
</TD>
</TR>
<TR style="line-height: 3pt; font-size: 1pt">
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    <B><U>2006</U></B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    October
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    11.35
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    9.50
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    1,447,900
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    10.24
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    8.30
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    270,300
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    November
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    15.00
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    11.35
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    2,161,599
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    13.15
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    10.01
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    721,800
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    December
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    14.88
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    13.60
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    696,924
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    13.08
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    11.70
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    178,600
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    <B><U>2007</U></B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    January
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    14.25
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    13.06
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    659,401
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    12.12
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    11.15
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    311,100
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    February
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    14.75
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    12.74
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    384,772
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    12.45
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    10.95
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    478,820
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    March
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    14.20
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    13.35
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    471,841
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    12.14
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    11.45
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    293,100
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    April
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    14.00
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    12.96
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    204,100
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    12.22
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    11.35
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    314,000
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    May
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    13.64
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    12.49
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    754,664
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    12.42
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    11.35
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    221,100
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    June
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    12.84
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    11.02
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    129,501
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    12.00
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    10.30
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    172,700
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    July
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    13.00
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    11.00
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    334,550
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    12.35
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    10.41
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    227,400
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    August
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    12.50
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    9.03
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    566,463
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    11.65
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    8.25
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    286,600
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    September
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    14.00
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    9.57
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    1,241,210
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    14.03
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    9.31
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    535,200
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    October
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    18.10
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    13.55
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    20,288,838
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    19.18
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    13.75
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    923,800
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    November 1 to November&#160;8
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    18.00
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    17.72
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    1,994,163
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    19.55
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    17.50
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    306,680
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="font-size: 1pt; margin-left: 0%; width: 12%; align: left; border-bottom: 1pt solid #000000"></DIV><!-- callerid=999 iwidth=479 length=60 -->

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <FONT style="font-size: 8pt">Source: TSXV: TSX Market Data;
    AMEX: Sungard Data.
    </FONT>
</DIV>


<!-- link1 "5.Support Agreement" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">5.&#160;</FONT></B>
</TD>
    <TD>
    <A name='122'></A><B><FONT style="font-family: 'Times New Roman', Times">Support
    Agreement</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    On October&#160;28, 2007, Barrick and Arizona Star entered into
    the Support Agreement, which sets out, among other things, the
    terms and conditions upon which Arizona Star agrees to recommend
    that Shareholders accept the Offer. The following is a summary
    of certain provisions of the Support Agreement. It does not
    purport to be complete and is subject to, and is qualified in
    its entirety by reference to, all the provisions of the Support
    Agreement. The Support Agreement has been filed by Arizona Star
    with the Canadian securities regulatory authorities and is
    available at <U>www.sedar.com.</U>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Support
    of the Offer</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Arizona Star has announced that the Arizona Star Board of
    Directors, upon consultation with its financial and legal
    advisors and on receipt of a recommendation from its special
    committee, has unanimously determined that the Offer is in the
    best interests of Arizona Star and the Shareholders.
    Accordingly, the Arizona Star Board of Directors has unanimously
    approved the making of a recommendation that Shareholders accept
    the Offer. Each member of the Arizona Star Board of Directors
    has agreed to support the Offer and, subject to the provisions
    of the Support Agreement, Arizona Star has agreed to co-operate
    in good faith and use all commercially reasonable efforts to
    support the Offer and ensure that the Offer will be successful.
    In addition, all of Arizona Star&#146;s officers and directors
    and a significant Shareholder have entered into the
    <FONT style="white-space: nowrap">Lock-Up</FONT>
    Agreements, pursuant to which they have agreed, subject to the
    terms and conditions of the
    <FONT style="white-space: nowrap">Lock-Up</FONT>
    Agreements, to tender all of their Common Shares (together with
    all associated SRP Rights), including any Common Shares issued
    upon the exercise of any Options held by the
    <FONT style="white-space: nowrap">Locked-Up</FONT>
    Shareholders, to the Offer. See Section&#160;6 of this Circular,
    <FONT style="white-space: nowrap">&#147;Lock-Up</FONT>
    Agreements&#148;.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">The
    Offer</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Barrick has agreed to make the Offer on the terms and conditions
    set forth in the Support Agreement and, provided all of the
    conditions of the Offer set forth in Section&#160;4 of the
    Offer, &#147;Conditions of the Offer&#148;, shall have been
    satisfied or waived at or prior to the Expiry Time, Barrick has
    agreed to take up and pay for all Common Shares validly tendered
    and
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    25
</DIV><!-- END LOGICAL PAGE -->
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<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    not withdrawn under the Offer within the time periods required
    by applicable Laws. See Section&#160;6 of the Offer, &#147;Take
    Up and Payment for Deposited Common Shares&#148;.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Barrick is permitted, in its sole discretion, to modify or waive
    any term or condition of the Offer; provided that Barrick
    cannot, without the prior consent of Arizona Star, increase the
    Minimum Tender Condition, impose additional conditions to the
    Offer, decrease the consideration per Common Share, decrease the
    number of Common Shares in respect of which the Offer is made,
    change the form of consideration payable under the Offer (other
    than to increase the total consideration per Common Share
    <FONT style="white-space: nowrap">and/or</FONT> add
    additional consideration or consideration alternatives) or
    otherwise vary the Offer or any terms or conditions thereof
    (which for greater certainty does not include a waiver of a
    condition) in a manner which is adverse to the Shareholders.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Shareholder
    Rights Plan</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The Arizona Star Board of Directors has agreed to take all
    further action necessary (a)&#160;in order to ensure that the
    Separation Time does not occur in connection with the Support
    Agreement or any of the Contemplated Transactions,
    (b)&#160;otherwise to give effect to the waiver, if required, of
    the application of the Shareholder Rights Plan to the
    Contemplated Transactions and to ensure that the Shareholder
    Rights Plan does not interfere with or impede the success of any
    of the Contemplated Transactions, and (c)&#160;in order to
    ensure that upon the take up of Common Shares pursuant to the
    Offer, all SRP Rights cease to be exercisable and are
    immediately redeemed at the Redemption&#160;Price as provided
    under the Shareholder Rights Plan without further formality and
    to ensure that upon such redemption all SRP Rights become null
    and void. The Arizona Star Board of Directors has also
    covenanted that it will not waive the application of the
    Shareholder Rights Plan to any Acquisition Proposal unless it is
    a Superior Proposal and the five Business Day right to match
    period provided to Barrick in respect of any Superior Proposal
    in the Support Agreement has expired, nor will it amend the
    Shareholder Rights Plan or authorize, approve or adopt any other
    shareholder rights plan or enter into any agreement providing
    therefore. Notwithstanding the foregoing, Arizona Star shall be
    entitled to defer the Separation Time in connection with an
    Acquisition Proposal.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Board
    Representation</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Provided that at least a majority of the then outstanding Common
    Shares on a fully diluted basis are purchased by Barrick and
    from time to time thereafter, Barrick will be entitled to
    designate such number of members of the Arizona Star Board of
    Directors, and any committee thereof, as is proportionate to the
    percentage of the outstanding Common Shares beneficially owned
    from time to time by Barrick, and Arizona Star will not
    frustrate Barrick&#146;s attempt to do so and Arizona Star has
    covenanted to fully co-operate with Barrick, subject to all
    applicable Laws, to enable Barrick&#146;s designees to be
    elected or appointed to the Arizona Star Board of Directors, and
    any committee thereof, to constitute the proportionate
    percentage of the outstanding Common Shares beneficially owned
    from time to time by Barrick including, at the request of
    Barrick, using its commercially reasonable best efforts to
    increase the size of the Arizona Star Board of Directors and to
    secure the resignations of such directors as Barrick may request.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">No
    Solicitation</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Arizona Star has agreed that, except as provided in the Support
    Agreement, it will not, and it will cause each of its
    subsidiaries not to, directly or indirectly, through any
    officer, director, employee, representative (including financial
    or other advisors) or agent of Arizona Star or any subsidiary:
    (a)&#160;make, solicit, assist, initiate, encourage or otherwise
    facilitate (including by way of furnishing non-public
    information, permitting any visit to any facilities or
    properties of Arizona Star or any subsidiary of Arizona Star, or
    entering into any form of written or oral agreement, arrangement
    or understanding) any inquiries, proposals or offers regarding
    an Acquisition Proposal; (b)&#160;engage in any discussions or
    negotiations regarding, or provide any information with respect
    to, or otherwise co-operate in any way with, or assist or
    participate in, facilitate or encourage, any effort or attempt
    by any other person to make or complete any Acquisition
    Proposal, provided that, for greater certainty, Arizona Star may
    advise any person making an unsolicited Acquisition Proposal
    that such Acquisition Proposal does not constitute a Superior
    Proposal when the Arizona Star Board of Directors has so
    determined; (c)&#160;withdraw, modify or qualify, or propose
    publicly to withdraw, modify or qualify, in any manner adverse
    to Barrick, the approval or recommendation of the Arizona Star
    Board of Directors or any committee thereof of the Support
    Agreement or the Offer; (d)&#160;approve, recommend or remain
    neutral with respect to, or propose publicly to approve,
    recommend or remain neutral with respect to, any Acquisition
    Proposal; or (e)&#160;accept or enter into, or publicly
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    26
</DIV><!-- END LOGICAL PAGE -->
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<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    propose to accept or enter into, any letter of intent, agreement
    in principle, agreement, arrangement or undertaking related to
    any Acquisition Proposal.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The Support Agreement defines an &#147;<B>Acquisition
    Proposal</B>&#148; as, generally, (a)&#160;any merger, take-over
    bid, issuer bid, amalgamation, plan of arrangement, share
    exchange, business combination, consolidation, recapitalization,
    reorganization, liquidation, dissolution or
    <FONT style="white-space: nowrap">winding-up</FONT>
    in respect of Arizona Star or any of its subsidiaries;
    (b)&#160;any sale or acquisition of all or a material portion of
    the assets of Arizona Star or any of its subsidiaries;
    (c)&#160;any sale or acquisition of all or a material portion of
    the Common Shares or other securities of Arizona Star or of all
    or any of the securities of any subsidiary of Arizona Star;
    (d)&#160;any sale of an interest in any mineral property or
    joint venture; (e)&#160;any similar business combination or
    transaction of or involving Arizona Star or any of its
    subsidiaries, including any joint venture, earn-in, farm-in or
    similar structure or arrangement, other than with Barrick or a
    Barrick subsidiary; or (f)&#160;any proposal or offer to, or
    public announcement of an intention to do, any of the foregoing
    from any person other than Barrick or a Barrick subsidiary.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Arizona Star has agreed to immediately cease, and to instruct
    its financial advisors and other representatives and agents to
    cease, any existing solicitation, discussion or negotiation with
    any person (other than Barrick or a Barrick subsidiary), by or
    on behalf of Arizona Star or any of its subsidiaries with
    respect to or which could lead to any potential Acquisition
    Proposal, whether or not initiated by Arizona Star or any of its
    subsidiaries or any of its or their officers, directors,
    employees, representatives or agents, and, in connection
    therewith, to discontinue access to any data rooms.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Arizona Star has agreed not to waive, release any person from,
    or fail to enforce on a timely basis any obligation under any
    confidentiality agreement or standstill agreement or amend any
    such agreement (except to allow such person to confidentially
    propose to the Arizona Star Board of Directors an unsolicited
    Acquisition Proposal, provided Arizona Star complies with the
    provisions of the Support Agreement), provided that the
    foregoing shall not prevent the Arizona Star Board of Directors
    from considering and accepting any new Acquisition Proposal that
    is an unsolicited Superior Proposal, provided in each case that
    the provisions of the Support Agreement are complied with.
    Arizona Star has agreed to request the return or destruction of
    all information provided to any third parties who have entered
    into a confidentiality agreement with Arizona Star relating to
    any potential Acquisition Proposal and to use commercially
    reasonable efforts to ensure that such requests are honoured in
    accordance with the terms of such confidentiality agreements and
    promptly (and in any event within 24&#160;hours) provide copies
    of all correspondence relating to same to Barrick. Arizona Star
    has agreed to immediately advise Barrick of any response or
    action (actual, anticipated, contemplated or threatened) by any
    such third party which could reasonably be expected to hinder,
    prevent or delay or otherwise adversely affect the completion of
    the Offer.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Arizona Star has agreed to promptly (and in any event within
    24&#160;hours) notify Barrick of any proposal, inquiry, offer or
    request (or any amendment thereto) relating to or constituting a
    <I>bona fide </I>Acquisition Proposal, any request for
    discussions or negotiations relating to, or which could lead to,
    an Acquisition Proposal,
    <FONT style="white-space: nowrap">and/or</FONT> any
    request for non-public information relating to Arizona Star or
    any of its subsidiaries or mineral property or contractual or
    legal rights or for access to properties or books and records or
    a list of Shareholders of which Arizona Star&#146;s directors,
    officers, employees, representatives or agents are or become
    aware.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Superior
    Proposals</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If Arizona Star receives a request for non-public information
    from a person who, on an unsolicited basis, has proposed to
    Arizona Star a <I>bona fide</I> Acquisition Proposal and
    (a)&#160;the Arizona Star Board of Directors determines, in good
    faith, after consultation with its financial advisors and
    outside legal counsel that such Acquisition Proposal would be,
    if consummated in accordance with its terms, reasonably likely
    to result in a Superior Proposal; and (b)&#160;in the opinion of
    the Arizona Star Board of Directors, acting in good faith and
    upon the advice of their outside legal advisors, the failure to
    provide such person with access to information regarding Arizona
    Star would be inconsistent with the fiduciary duties of the
    Arizona Star Board of Directors, then, and only in such case,
    Arizona Star may provide such person with access to information
    regarding Arizona Star, subject to the execution of a
    confidentiality agreement which is in the form and on the terms
    of the confidentiality agreement dated October&#160;18, 2007
    between Barrick and Arizona Star (the &#147;<B>Confidentiality
    Agreement</B>&#148;) (which confidentiality agreement will, for
    greater certainty, include a standstill covenant on
    substantially the same terms as the standstill covenant
    contained in the Confidentiality Agreement, which standstill
    covenant shall have a duration of at least 12&#160;months, and
    provided that the circumstances in which the standstill covenant
    shall be lifted shall not reflect the Confidentiality Agreement
    but instead will be limited to allowing such person to
    confidentially propose an
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    27
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<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    unsolicited Acquisition Proposal that did not result from a
    breach of the non-solicitation provisions of the Support
    Agreement and did not otherwise result from a breach of the
    Support Agreement); and provided further that Arizona Star sends
    a copy of any such confidentiality agreement to Barrick promptly
    upon its execution and Barrick is provided with a list of or
    copies of the information provided to such person and is
    immediately provided with access to the same information which
    was provided by Arizona Star to such person.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Arizona Star has agreed not to accept, approve or recommend, or
    enter into any discussions, negotiations or agreement (other
    than a confidentiality agreement) relating to, an Acquisition
    Proposal unless: (a)&#160;the Acquisition Proposal constitutes a
    Superior Proposal; (b)&#160;Arizona Star has complied with its
    non-solicitation covenants in the Support Agreement;
    (c)&#160;Arizona Star has provided Barrick with notice in
    writing that there is a Superior Proposal, together with all
    documentation related to and detailing the Superior Proposal
    (including a copy of the confidentiality agreement between
    Arizona Star and the person making the Superior Proposal if not
    previously delivered and a written notice from the Arizona Star
    Board of Directors regarding the value in financial terms that
    the Arizona Star Board of Directors has in consultation with its
    financial advisors determined should be ascribed to any non-cash
    consideration offered under such Superior Proposal), at least
    five Business Days prior to the date on which the Arizona Star
    Board of Directors proposes to accept, approve, recommend or
    enter into any agreement relating to such Superior Proposal;
    (d)&#160;five Business Days have elapsed from the date Barrick
    received the notice referred to in clause&#160;(c) immediately
    above in respect of the Acquisition Proposal and, if Barrick has
    proposed to amend the terms of the Offer in accordance with its
    opportunity to match provided in the Support Agreement, the
    Arizona Star Board of Directors shall have determined in good
    faith, after consultation with its financial advisors and
    outside legal counsel that the Acquisition Proposal is a
    Superior Proposal compared to the proposed amendment to the
    terms of the Offer by Barrick; (e)&#160;Arizona Star
    concurrently terminates the Support Agreement to enter into a
    definitive agreement with respect to the Superior Proposal,
    under the terms of the Support Agreement; and (f)&#160;Arizona
    Star has previously, or concurrently, paid to Barrick the
    Termination Payment (defined below).
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The Support Agreement defines a &#147;<B>Superior
    Proposal</B>&#148; as, generally, an unsolicited <I>bona fide
    </I>written Acquisition Proposal from a person received after
    October&#160;28, 2007: (a)&#160;to purchase or otherwise
    acquire, directly or indirectly, by means of a merger, take-over
    bid, amalgamation, plan of arrangement, business combination or
    similar transaction, all of the Common Shares and pursuant to
    which all Shareholders are offered the same consideration in
    form and amount per Common Share to be purchased or otherwise
    acquired; (b)&#160;that did not result from a breach of Arizona
    Star&#146;s non-solicitation covenants in the Support Agreement;
    (c)&#160;which complies with applicable securities laws;
    (d)&#160;in respect of which any required financing to complete
    such Acquisition Proposal has been demonstrated to the
    satisfaction of the Arizona Star Board of Directors, acting in
    good faith (after consultation with its financial advisors and
    outside legal counsel), will be obtained; (e)&#160;that is not
    subject to any due diligence
    <FONT style="white-space: nowrap">and/or</FONT>
    access condition which would allow access to the books, records,
    personnel or properties of Arizona Star or any Arizona Star
    subsidiary or their respective representatives beyond
    5:00&#160;p.m. (Toronto time) on the fifth day after which
    access is first afforded to the third party making the
    Acquisition Proposal, provided that any such due diligence
    <FONT style="white-space: nowrap">and/or</FONT>
    access condition must be satisfied or waived at or before such
    time; (f)&#160;that the Arizona Star Board of Directors has
    determined in good faith (after consultation with its financial
    advisors and with its outside legal counsel) (i)&#160;is
    reasonably capable of completion without undue delay taking into
    account all legal, financial, regulatory and other aspects of
    such Acquisition Proposal and the person making such Acquisition
    Proposal, and (ii)&#160;would, if consummated in accordance with
    its terms (but not assuming away any risk of non-completion),
    result in a transaction more favourable from a financial point
    of view to the Shareholders than the Offer (including any
    adjustment to the terms and conditions of the Offer proposed by
    Barrick pursuant to Barrick&#146;s right to match, described
    below); and (g)&#160;in respect of which the Arizona Star Board
    of Directors has determined in good faith (after receipt of
    advice from its outside legal counsel) that failure to recommend
    such Acquisition Proposal to Shareholders would be inconsistent
    with its fiduciary duties.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Opportunity
    to Match</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Under the Support Agreement, Arizona Star has agreed that,
    during the five Business Day period immediately following the
    receipt by Barrick of written notice from Arizona Star of the
    existence of a Superior Proposal referred to above or such
    longer period as Arizona Star may approve for such purpose,
    Barrick will have the opportunity, but not the obligation, to
    propose to amend the terms of the Support Agreement and the
    Offer. Arizona Star has agreed to co-operate with Barrick with
    respect thereto, including negotiating in good faith with
    Barrick to enable Barrick to make such adjustments to the terms
    and conditions of the Support Agreement and the Offer as Barrick
    deems appropriate and as
</DIV>

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    <BR>
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<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    would enable Barrick to proceed with the Offer and any
    Contemplated Transactions on such adjusted terms. The Arizona
    Star Board of Directors will review any proposal by Barrick to
    amend the terms of the Offer in order to determine, in good
    faith in the exercise of its fiduciary duties, whether
    Barrick&#146;s proposal to amend the Offer would result in the
    Acquisition Proposal not being a Superior Proposal compared to
    the proposed amendment to the terms of the Offer.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The Arizona Star Board of Directors has agreed to promptly
    reaffirm its recommendation of the Offer by press release after:
    (a)&#160;any Acquisition Proposal which the Arizona Star Board
    of Directors determines not to be a Superior Proposal is
    publicly announced or made; or (b)&#160;the Arizona Star Board
    of Directors determines that a proposed amendment to the terms
    of the Offer would result in the Acquisition Proposal which has
    been publicly announced or made not being a Superior Proposal,
    and Barrick has so amended the terms of the Offer. Nothing in
    the Support Agreement shall prevent the Arizona Star Board of
    Directors from responding through a directors&#146; circular or
    otherwise as required by applicable securities Laws to an
    Acquisition Proposal that it determines is not a Superior
    Proposal.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Subsequent
    Acquisition Transaction</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The Support Agreement provides that if, within 120&#160;days
    after the date of the Offer, the Offer has been accepted by
    holders of not less than 90% of the outstanding Common Shares as
    at the Expiry Time, Barrick may, to the extent possible, effect
    a Compulsory Acquisition of the remainder of the Common Shares
    from those Shareholders who have not accepted the Offer pursuant
    to Section&#160;300 of the BCBCA. If that statutory right of
    acquisition is not available or Barrick chooses not to avail
    itself of such statutory right of acquisition, Barrick has
    agreed to use its commercially reasonable efforts to pursue
    other means of acquiring the remaining Common Shares not
    tendered to the Offer. Arizona Star has agreed that, in the
    event Barrick takes up and pays for Common Shares under the
    Offer representing at least a simple majority of the outstanding
    Common Shares (calculated on a fully diluted basis as at the
    Expiry Time), it will assist Barrick in connection with any
    Subsequent Acquisition Transaction involving Arizona Star,
    Barrick or a Barrick subsidiary that Barrick may, in its sole
    discretion, undertake to pursue to acquire the remaining Common
    Shares, provided that the consideration per Common Share offered
    in connection with the Subsequent Acquisition Transaction is at
    least equivalent in value to the consideration per Common Share
    paid under the Offer and provided that, in connection with a
    Subsequent Acquisition Transaction consummated within
    120&#160;days of the Expiry Time, if such value is greater than
    that paid to Shareholders pursuant to the Offer, the
    Shareholders who accepted the Offer will be &#147;topped
    up&#148; to be paid, when added to the consideration per Common
    Share paid pursuant to the Offer, the same value per Common
    Share as is received pursuant to such Subsequent Acquisition
    Transaction.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Termination
    of the Support Agreement</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The Support Agreement may be terminated at any time prior to the
    time that designees of Barrick represent a majority of the
    Arizona Star Board of Directors: (a)&#160;by mutual written
    consent of Barrick and Arizona Star; (b)&#160;by Barrick on or
    after November&#160;9, 2007, if any condition to making the
    Offer for Barrick&#146;s benefit is not satisfied or waived by
    such date other than as a result of Barrick&#146;s default under
    the Support Agreement; (c)&#160;by Barrick, if the Minimum
    Tender Condition or any other condition of the Offer is not
    satisfied or waived at or prior to the Expiry Time (as such
    Expiry Time may be extended from time to time by Barrick in its
    sole discretion) and Barrick has not elected to waive such
    condition; (d)&#160;by Barrick or Arizona Star, if Barrick does
    not take up and pay for the Common Shares deposited under the
    Offer by the date that is 120&#160;days following the date of
    mailing of this Circular, otherwise than as a result of the
    material breach by such party of any material covenant or
    obligation under the Support Agreement (without giving effect
    to, applying or taking into consideration any materiality
    qualification already contained in such covenant or obligation)
    or as a result of any representation or warranty made by such
    party in the Support Agreement being untrue or incorrect
    (without giving effect to, applying or taking into consideration
    any materiality or Material Adverse Effect qualification already
    contained within such representation or warranty) where such
    inaccuracies in the representations and warranties, individually
    or in the aggregate, would reasonably be expected to have a
    Material Adverse Effect in respect of such party; provided,
    however, that if Barrick&#146;s take up and payment for Common
    Shares deposited under the Offer is delayed by (i)&#160;an
    injunction or order made by a Governmental Entity of competent
    jurisdiction, or (ii)&#160;Barrick not having obtained any
    waiver, consent or approval of any Governmental Entity that is
    necessary to permit Barrick to take up and pay for Common Shares
    deposited under the Offer, then, provided that such injunction
    or order is being contested or appealed or such waiver, consent
    or approval is being actively sought, as applicable, the Support
    Agreement shall not be terminated by Arizona Star pursuant to
    its terms until the earlier of (A)&#160;the fifth Business Day
    following the date on which such injunction or order ceases to
    be in effect or such waiver, consent or approval is obtained and
    (B)&#160;the 180th&#160;day after this
</DIV>

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    <BR>
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<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Circular was mailed to Shareholders; (e)&#160;by Barrick,
    (i)&#160;if Arizona Star is in material default of any covenant
    or obligation in the Support Agreement relating to the
    non-solicitation of Acquisition Proposals or Barrick&#146;s
    right to match any Superior Proposal, (ii)&#160;if Arizona Star
    is in material default of any other covenant or obligation under
    the Support Agreement (without giving effect to, applying or
    taking into consideration any materiality qualification already
    contained in such covenant or obligation), (iii)&#160;if any
    representation or warranty made by Arizona Star in the Support
    Agreement was untrue or incorrect on the date of the Support
    Agreement, or (iv)&#160;if any representation or warranty made
    by Arizona Star in the Support Agreement shall have become
    untrue or incorrect at any time prior to the Expiry Time
    (without giving effect to, applying or taking into consideration
    any materiality or Material Adverse Effect qualification already
    contained within such representation or warranty) where such
    inaccuracies in the representations and warranties, individually
    or in the aggregate, would reasonably be expected to have a
    Material Adverse Effect in respect of Arizona Star, and in the
    case of (ii), (iii)&#160;or (iv), such default or inaccuracy is
    not curable or, if curable, is not cured by the earlier of the
    date which is 15&#160;days from the date of written notice of
    such breach and the Business Day prior to the Expiry Date;
    (f)&#160;by Arizona Star if: (i)&#160;Barrick is in material
    default of any covenant or obligation under the Support
    Agreement (without giving effect to, applying or taking into
    consideration any materiality qualification already contained in
    such covenant or obligation); or (ii)&#160;any representation or
    warranty of Barrick under the Support Agreement is untrue or
    incorrect in any material respect at any time prior to the
    Expiry Time and such inaccuracy is reasonably likely to prevent,
    restrict or materially delay consummation of the Offer, and in
    each case, such default or inaccuracy is not curable or, if
    curable, is not cured by the earlier of the date which is
    15&#160;days from the date of written notice of such breach and
    the Business Day prior to the Expiry Date; (g)&#160;by Barrick
    or Arizona Star, if any court of competent jurisdiction or other
    governmental authority shall have issued an order, decree or
    ruling enjoining or otherwise prohibiting the Offer, the take up
    of Common Shares by Barrick pursuant to the Offer, the
    transactions contemplated by the
    <FONT style="white-space: nowrap">Lock-Up</FONT>
    Agreements, any Compulsory Acquisition, any Subsequent
    Acquisition Transaction, any subsequent amalgamation, merger or
    other business combination of Barrick (or any of its affiliates)
    and Arizona Star, or any other form of transaction whereby
    Barrick or any subsidiary of Barrick would effectively acquire
    all of the Common Shares within approximately the same time
    periods and on economic terms and other terms and conditions and
    having consequences to Arizona Star and its Shareholders that
    are equivalent to or better than those contemplated by the
    Support Agreement (collectively, the &#147;<B>Contemplated
    Transactions</B>&#148;) (unless such order, decree or ruling has
    been withdrawn, reversed or otherwise made inapplicable);
    (h)&#160;by Barrick, if any litigation or other proceeding is
    pending or has been threatened to be instituted by any person or
    governmental authority, which, in the good faith judgment of
    Barrick, could reasonably be expected to result in a decision,
    order, decree or ruling that enjoins, prohibits, grants damages
    in a material amount in respect of, or materially impairs the
    benefits of, any of the Contemplated Transactions; (i)&#160;by
    Barrick, if: (i)&#160;the Arizona Star Board of Directors or any
    committee thereof fails to publicly recommend or reaffirm its
    approval of the Offer within two calendar days of any written
    request by Barrick (or, in the event that the Offer is scheduled
    to expire within such two calendar day period, prior to the
    scheduled expiry of the Offer); (ii)&#160;the Arizona Star Board
    of Directors or any committee thereof withdraws, modifies,
    changes or qualifies its approval or recommendation of the Offer
    in any manner adverse to Barrick; (iii)&#160;the Arizona Star
    Board of Directors or any committee thereof recommends or
    approves, or publicly proposes to recommend or approve an
    Acquisition Proposal; (iv)&#160;the Arizona Star Board of
    Directors or any committee thereof remains neutral beyond 15
    calendar days in respect of an Acquisition Proposal; or
    (v)&#160;Arizona Star fails to take any action required under
    the Support Agreement with respect to the Shareholder Rights
    Plan to defer the Separation Time or to allow the timely
    completion of any of the Contemplated Transactions; and
    (j)&#160;by Arizona Star, if Arizona Star proposes to enter into
    a definitive agreement with respect to a Superior Proposal in
    compliance with the provisions of the Support Agreement,
    provided that prior to or concurrently with the entering into of
    that definitive agreement, Arizona Star shall have paid to
    Barrick or an assignee of Barrick the Termination Payment and
    further provided that Arizona Star has not breached any of its
    covenants, agreements or obligations in the Support Agreement.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Termination
    Payment</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Arizona Star is obligated to pay Barrick a termination fee in
    the amount of $27,000,000 (the &#147;<B>Termination
    Payment</B>&#148;) upon the occurrence of any of the following:
    (a)&#160;the Support Agreement is terminated by Barrick in the
    circumstances described in (e)(i) or (i)&#160;above;
    (b)&#160;the Support Agreement is terminated by Arizona Star in
    the circumstances described in (j)&#160;above; or (c)&#160;on or
    after October&#160;28, 2007 and prior to the later of the Expiry
    Time and the date on which the Support Agreement is terminated,
    an Acquisition Proposal is publicly announced or made or any
    person has publicly announced an intention to make such
    Acquisition Proposal, and such Acquisition Proposal either has
    been accepted, recommended or approved by the Arizona Star Board
    of Directors or has not expired, been withdrawn or been publicly
    abandoned, and (i)&#160;the
</DIV>

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    <BR>
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<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Offer is not completed as a result of the Minimum Tender
    Condition not having been met, and (ii)&#160;any person or
    company acquires, directly or indirectly, more than 50% of the
    issued and outstanding Common Shares or more than 50% of the
    consolidated assets of Arizona Star, in each case within
    12&#160;months of October&#160;28, 2007.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Arizona Star has covenanted and agreed that, if Arizona Star
    does not have sufficient financial resources to pay the
    Termination Payment, then it shall be a condition of
    (a)&#160;any Superior Proposal and (b)&#160;any share or asset
    acquisition referred to in (c)&#160;above where Arizona Star or
    its affiliate has entered into any agreement to support such
    share acquisition or to transfer such assets, as applicable,
    that the person making such Superior Proposal or acquisition, as
    applicable, shall advance or otherwise provide to Arizona Star
    the cash required for Arizona Star to pay the Termination
    Payment, which amount shall be so advanced or provided prior to
    the date on which Arizona Star is required to pay the
    Termination Payment.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Representations
    and Warranties</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The Support Agreement contains a number of customary
    representations and warranties of Barrick and Arizona Star
    relating to, among other things: corporate status; and the
    corporate authorization and enforceability of, and board
    approval of, the Support Agreement and the Offer. The
    representations and warranties of Arizona Star also address
    various matters relating to the business, operations and
    properties of Arizona Star and its subsidiaries, including,
    among other things: capitalization; accuracy of financial
    statements; absence of any occurrences which would be reasonably
    likely to have a Material Adverse Effect and certain other
    changes or events since the date of the last audited financial
    statements; absence of litigation or other actions which if
    determined adversely would reasonably be expected to have a
    Material Adverse Effect; employee severance payments upon a
    change of control; accuracy of documents required to be filed
    with applicable securities regulatory authorities; mineral
    interests and rights; and environmental matters. In addition,
    Barrick has represented that it has made adequate arrangements
    to ensure that the required funds are available to effect
    payment in full of the consideration for all of the Common
    Shares acquired pursuant to the Offer.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Conduct
    of Business</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Arizona Star has covenanted and agreed that, prior to the
    earlier of the time that designees of Barrick represent a
    majority of the Arizona Star Board of Directors and the
    termination of the Support Agreement, unless Barrick shall
    otherwise agree in writing or as otherwise expressly
    contemplated or permitted by the Support Agreement, Arizona Star
    will, and will cause each of its subsidiaries to, among other
    things, conduct its and their respective businesses in the
    ordinary course consistent with past practice in all material
    respects and use commercially reasonable efforts to preserve
    intact its and their present business organization and goodwill,
    to preserve intact its respective real property interests,
    mining leases, mining concessions, mining claims, exploration
    permits or prospecting permits or other property, mineral or
    proprietary interests or rights or contractual other legal
    rights and claims in good standing, to keep available the
    services of its officers and employees as a group and to
    maintain satisfactory relationships with suppliers,
    distributors, employees and others having business relationships
    with them. Arizona Star has also agreed that it will not and
    will cause each of its subsidiaries not to take certain actions
    specified in the Support Agreement, including that, except as
    contemplated in the current approved plan and budget of its
    subsidiary Compa&#241;&#237;a Minera Casale Limitada, Arizona
    Star and its subsidiaries will not: (a)&#160;acquire or commit
    to acquire any capital assets or group of related capital assets
    (through one or more related or unrelated acquisitions) having a
    value in excess of $100,000 in the aggregate; (b)&#160;incur, or
    commit to, capital expenditures in excess of $100,000 in the
    aggregate; or (c)&#160;sell, lease, option, encumber or
    otherwise dispose of, or commit to sell, lease, option, encumber
    or otherwise dispose of, any assets or group of related assets
    (through one or more related or unrelated transactions) having a
    value in excess of $100,000 in the aggregate. Arizona Star has
    also agreed that it will not and will cause each of its
    subsidiaries not to approve any program or budget for
    Compa&#241;&#237;a Minera Casale Limitada, or any amendment of,
    or expenditure in excess of, any approved program or budget of
    Compa&#241;&#237;a Minera Casale Limitada or the grant of any
    power of attorney to allow any person to take any action on
    behalf of Compa&#241;&#237;a Minera Casale Limitada or the
    amendment of any such power of attorney.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Arizona Star has also agreed to notify Barrick of (a)&#160;any
    material change (within the meaning of the <I>Securities Act
    </I>(Ontario)) in relation to Arizona Star and of any material
    governmental or third party complaints, investigations or
    hearings (or communications indicating that the same may be
    contemplated); and (b)&#160;the occurrence, or failure to occur,
    of any event or state of facts which occurrence or failure would
    or would be likely to (i)&#160;cause any of the representations
    or warranties of Arizona Star contained in the Support Agreement
    to be untrue or inaccurate (without giving effect to, applying
    or taking into consideration any materiality or Material Adverse
    Effect qualification already contained within
</DIV>

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    <BR>
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<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    such representation or warranty) in any material respect, or
    (ii)&#160;result in the failure in any material respect of
    Arizona Star to comply with or satisfy any covenant, condition
    or agreement (without giving effect to, applying or taking into
    consideration any materiality qualification already contained in
    such covenant, condition or agreement) to be complied with or
    satisfied prior to the time that designees of Barrick represent
    a majority of the Arizona Star Board of Directors.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Other
    Covenants</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Each of Arizona Star and Barrick has agreed to a number of
    mutual covenants, including to co-operate in good faith and use
    commercially reasonable efforts to take all action and do all
    things necessary, proper or advisable: (a)&#160;to consummate
    and make effective as promptly as is practicable the
    transactions contemplated by the Offer and the Support
    Agreement; (b)&#160;for the discharge of its respective
    obligations under the Support Agreement and the Offer, including
    its obligations under applicable securities laws; (c)&#160;to
    obtain all necessary waivers, consents and approvals in
    connection with the transactions contemplated by the Offer and
    the Support Agreement; and (d)&#160;to effect all necessary
    registrations and filings, including filings under applicable
    Laws and submissions of information requested by Governmental
    Entities in connection with transactions contemplated by the
    Offer and the Support Agreement, including in each case the
    execution and delivery of such documents as the other party may
    reasonably require. In addition, upon reasonable notice, Arizona
    Star has agreed to provide Barrick with reasonable access during
    normal business hours, to all books, records, information,
    corporate charts, tax documents, filings, memoranda, working
    papers and files and all other materials in Arizona Star&#146;s
    possession and control, including material contracts, and access
    to the personnel of and counsel to Arizona Star and its
    subsidiaries on an as reasonably requested basis as well as
    reasonable access to the properties of Arizona Star and its
    subsidiaries in order to allow Barrick to perform confirmatory
    due diligence and for strategic planning purposes.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Officers&#146;
    and Directors&#146; Insurance and Indemnification</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    From and after the time that designees of Barrick represent a
    majority of the Arizona Star Board of Directors and for a period
    of six years, Barrick shall cause Arizona Star (or its
    successor) to maintain its current directors&#146; and
    officers&#146; liability insurance policy or a reasonably
    equivalent policy; provided, however, that Barrick will not be
    required, in order to maintain or cause to be maintained such
    directors&#146; and officers&#146; liability insurance policy,
    to pay an annual premium in excess of 200% of the cost of the
    existing policy; and provided further that, if equivalent
    coverage cannot be obtained or can only be obtained by paying an
    annual premium in excess of 200% of such amount, Barrick shall
    only be required to obtain or cause to be obtained as much
    coverage as can be obtained by paying an annual premium equal to
    200% of such amount. Alternatively, Barrick (at its discretion)
    can cause Arizona Star to purchase run-off directors&#146; and
    officers&#146; liability insurance, provided that the premium
    will not exceed 200% of the premium currently charged to Arizona
    Star for directors&#146; and officers&#146; liability insurance.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Outstanding
    Arizona Star Options</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Under the Support Agreement, Barrick acknowledged and agreed
    that (a)&#160;holders of Options will be permitted to tender
    Common Shares issuable upon the exercise thereof and for such
    purpose to exercise their Options, conditional upon Barrick
    taking up and paying for the Common Shares under the Offer,
    which Options shall be deemed to have been exercised concurrent
    with the first scheduled expiry time of the Offer in respect of
    which Barrick takes up Common Shares and (b)&#160;all Common
    Shares that are to be issued pursuant to any such conditional
    exercise shall be accepted as validly tendered under the Offer,
    provided that the holders of such Options indicate that the
    Common Shares are tendered pursuant to the Offer and otherwise
    validly accept the Offer in accordance with its terms with
    respect to such Common Shares.
</DIV>


<!-- link1 "6.Lock-Up Agreements" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

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    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">6.&#160;</FONT></B>
</TD>
    <TD>
    <A name='123'></A><B><FONT style="font-family: 'Times New Roman', Times"><FONT style="white-space: nowrap">Lock-Up</FONT>
    Agreements</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Under the
    <FONT style="white-space: nowrap">Lock-Up</FONT>
    Agreements, each of the
    <FONT style="white-space: nowrap">Locked-Up</FONT>
    Shareholders has agreed, among other things, to deposit under
    the Offer all of the Common Shares currently owned or controlled
    by such
    <FONT style="white-space: nowrap">Locked-Up</FONT>
    Shareholder, being an aggregate of 14,513,900 Common Shares and,
    where applicable, to exercise or conditionally exercise all of
    the Options currently owned by such
    <FONT style="white-space: nowrap">Locked-Up</FONT>
    Shareholder and to deposit under the Offer all of the Common
    Shares issued upon such exercise or conditional exercise of
    Options, being an aggregate of 625,000 Common Shares,
    collectively representing, in aggregate, approximately 35% of
    the outstanding Common Shares (calculated on a fully diluted
    basis). The
    <FONT style="white-space: nowrap">Locked-Up</FONT>
    Shareholders have agreed not to withdraw such Common Shares from
    the Offer except and unless the
    <FONT style="white-space: nowrap">Lock-Up</FONT>
    Agreements are terminated in accordance with their terms. Each
    <FONT style="white-space: nowrap">Locked-Up</FONT>
    Shareholder has also covenanted
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    32
</DIV><!-- END LOGICAL PAGE -->
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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    and irrevocably agreed to support the Offer and not to take any
    action that may impair the successful completion of the Offer.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Each
    <FONT style="white-space: nowrap">Locked-Up</FONT>
    Shareholder has covenanted and agreed to accept the Offer,
    subject to the terms and conditions of the applicable
    <FONT style="white-space: nowrap">Lock-Up</FONT>
    Agreement. In addition, the
    <FONT style="white-space: nowrap">Locked-Up</FONT>
    Shareholders have agreed not to directly or indirectly make or
    solicit Acquisition Proposals or take certain actions in respect
    of an Acquisition Proposal or encourage any effort or attempt by
    any person to make an Acquisition Proposal. The
    <FONT style="white-space: nowrap">Locked-Up</FONT>
    Shareholders have also agreed not to acquire direct or indirect
    beneficial ownership or holding of or control or direction over
    any additional Common Shares or obtain or enter into any right
    to do so, with the exception of Common Shares acquired pursuant
    to the exercise of Options, or solicit or arrange or provide
    certain assistance in relation to purchases of or offers to sell
    Common Shares for the purpose of affecting control of Arizona
    Star. There are provisions which allow
    <FONT style="white-space: nowrap">Locked-Up</FONT>
    Shareholders who are directors or senior officers of Arizona
    Star to, in their capacity as directors or senior officers of
    Arizona Star, engage in discussions or negotiations with a
    person in response to a <I>bona fide </I>Acquisition Proposal
    made by such person (which Acquisition Proposal did not result
    from a breach of the applicable
    <FONT style="white-space: nowrap">Lock-Up</FONT>
    Agreements or the Support Agreement) in circumstances where
    Arizona Star is permitted pursuant to the Support Agreement to
    engage in such discussions or negotiations. Each of the
    <FONT style="white-space: nowrap">Locked-Up</FONT>
    Shareholders has additionally agreed to exercise the voting
    rights attaching to the Common Shares held or controlled by such
    <FONT style="white-space: nowrap">Locked-Up</FONT>
    Shareholder and otherwise use its commercially reasonable
    efforts to oppose certain transactions which would reasonably be
    regarded as being directed towards or likely to prevent or delay
    the take up of and payment for the Common Shares held or
    controlled by such
    <FONT style="white-space: nowrap">Locked-Up</FONT>
    Shareholder or the successful completion of the Offer or result
    in a Material Adverse Effect in respect of Arizona Star.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Each <FONT style="white-space: nowrap">Lock-Up</FONT>
    Agreement can be terminated by notice in writing: (a)&#160;at
    any time by mutual consent of Barrick and the
    <FONT style="white-space: nowrap">Locked-Up</FONT>
    Shareholders; (b)&#160;by the
    <FONT style="white-space: nowrap">Locked-Up</FONT>
    Shareholders if (i)&#160;Barrick has not complied in any
    material respect with its covenants contained in the
    <FONT style="white-space: nowrap">Lock-Up</FONT>
    Agreements or if any representation or warranty of Barrick in
    the <FONT style="white-space: nowrap">Lock-Up</FONT>
    Agreements is untrue or incorrect in any material respect, and,
    in each case, such non-compliance or inaccuracy is reasonably
    likely to prevent, restrict or materially delay consummation of
    the Offer and is not curable or, if curable, is not cured by the
    earlier of the date which is 15&#160;days from the date of
    written notice of such breach and the Business Day prior to the
    Expiry Date, (ii)&#160;Barrick has not mailed the Offer by
    November&#160;9, 2007 in accordance with the Support Agreement,
    (iii)&#160;the terms of the Offer do not conform in all material
    respects with the description of the Offer contained in the
    <FONT style="white-space: nowrap">Lock-Up</FONT>
    Agreements and the Support Agreement, (iv)&#160;Barrick has not
    (for any reason other than the failure of any
    <FONT style="white-space: nowrap">Locked-Up</FONT>
    Shareholder to deposit its Common Shares for purchase) taken up
    and paid for all Common Shares deposited under the Offer in the
    manner contemplated in the Support Agreement, or (v)&#160;the
    Support Agreement is terminated in accordance with its terms and
    no Termination Payment is payable by Arizona Star or, if a
    Termination Payment is to be paid, Arizona Star has paid such
    fee in accordance with the Support Agreement; provided in each
    case that the
    <FONT style="white-space: nowrap">Locked-Up</FONT>
    Shareholders are not, at the time, in material default of their
    obligations under the
    <FONT style="white-space: nowrap">Lock-Up</FONT>
    Agreements; or (c)&#160;by Barrick if (i)&#160;any of the
    <FONT style="white-space: nowrap">Locked-Up</FONT>
    Shareholders has not complied in any material respect with all
    of its covenants contained under the applicable
    <FONT style="white-space: nowrap">Lock-Up</FONT>
    Agreement (following written notice to the applicable
    <FONT style="white-space: nowrap">Locked-Up</FONT>
    Shareholder of such non-compliance and provided such default is
    not rectified by the earlier of the date that is 15&#160;days
    from the date of such notice and the Business Day prior to the
    Expiry Date) or if any representation or warranty of any
    <FONT style="white-space: nowrap">Locked-Up</FONT>
    Shareholder under any
    <FONT style="white-space: nowrap">Lock-Up</FONT>
    Agreement is untrue or incorrect in any material respect,
    (ii)&#160;any of the conditions to the Offer is not satisfied or
    waived by Barrick at the Expiry Time and Barrick elects not to
    waive such condition, or (iii)&#160;the Support Agreement is
    terminated in accordance with its terms; provided in each case
    that Barrick is not, at the time, in material default of its
    obligations under the respective
    <FONT style="white-space: nowrap">Lock-Up</FONT>
    Agreement.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Barrick has agreed not to, without the prior consent of the
    <FONT style="white-space: nowrap">Locked-Up</FONT>
    Shareholders, increase the Minimum Tender Condition, impose
    additional conditions to the Offer, decrease the consideration
    per Common Share, decrease the number of Common Shares in
    respect of which the Offer is made, change the form of
    consideration payable under the Offer (other than to increase
    the total consideration per Common Share
    <FONT style="white-space: nowrap">and/or</FONT> add
    additional consideration or consideration alternatives) or
    otherwise vary the Offer or any terms or conditions thereof
    (which for greater certainty does not include a waiver of a
    condition) in a manner which is adverse to the Shareholders
    generally.
</DIV>


<!-- link1 "7.Background to the Offer" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

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    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">7.&#160;</FONT></B>
</TD>
    <TD>
    <A name='124'></A><B><FONT style="font-family: 'Times New Roman', Times">Background
    to the Offer</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    On September&#160;4, 2007, on behalf of the Arizona Star special
    committee, a representative of Citigroup Global Markets Inc.
    (&#147;<B>Citi</B>&#148;), financial advisor to the Arizona Star
    special committee, contacted Barrick to inquire as to whether
    Barrick would be interested in acquiring an interest in Cerro
    Casale through a business combination transaction with
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    33
</DIV><!-- END LOGICAL PAGE -->
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<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Arizona Star. On September&#160;18, 2007, after completing its
    preliminary financial evaluation of Arizona Star, Barrick
    contacted Citi to express an interest in Arizona Star but
    explained that Barrick would need to complete further valuation
    work and was not prepared to hold detailed discussions regarding
    the terms of a potential transaction unless Arizona Star&#146;s
    largest shareholder (at the time, Pan Atlantic Bank and
    Trust&#160;Ltd. (&#147;<B>Pan Atlantic</B>&#148;), and
    subsequently, its affiliate FCMI) confirmed an interest in
    selling its shares.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    On September&#160;20, 2007, representatives of FCMI Financial
    Corporation, the sole shareholder of Pan Atlantic, and
    representatives of Citi met with Barrick. At this meeting the
    FCMI Financial Corporation representatives confirmed that Pan
    Atlantic would be willing to sell its stake in Arizona Star for
    cash, but no price was tabled. On September&#160;25, 2007, on
    behalf of the Arizona Star special committee, Citi communicated
    to Barrick that FCMI Financial Corporation had advised the
    Arizona Star special committee that Pan Atlantic would be
    willing to support an offer at an indicative price of $18 per
    Common Share. On September&#160;27, 2007, Barrick informed Citi
    that it would require approximately two weeks to complete the
    necessary financial modelling on Arizona Star.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    On October&#160;4, 2007, senior management of Barrick determined
    that, based on the information available to it at the time,
    Barrick did not plan to proceed with a possible acquisition of
    Arizona Star, and this was communicated to representatives of
    Citi and Arizona Star. During the period following,
    Barrick&#146;s corporate development group furthered its
    evaluation of Arizona Star based on publicly available
    information and periodic communications with representatives of
    Arizona Star, including discussions with a member of the Arizona
    Star Board of Directors, to discuss technical aspects of Cerro
    Casale and its development.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    On October&#160;16, 2007, Barrick contacted a representative of
    Citi to discuss whether a transaction with Arizona Star
    continued to be possible. Based on the further evaluation
    completed by Barrick&#146;s corporate development group, in the
    evening of October 16, 2007 members of Barrick&#146;s senior
    management authorized representatives of Barrick to renew
    discussions with Arizona Star of a possible acquisition of
    Arizona Star. Barrick and Arizona Star executed a
    confidentiality agreement on October&#160;18, 2007, following
    which Arizona Star made due diligence documentation and
    information relating to Arizona Star and Cerro Casale available
    for review by Barrick and its legal counsel.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    On October&#160;19, 2007, the Barrick board of directors
    authorized representatives of Barrick to pursue the possible
    acquisition of Arizona Star at $18 per Common Share on
    substantially the same terms as the Offer, subject to
    satisfactory resolution of outstanding diligence matters. Late
    in the afternoon on October&#160;19, 2007, representatives of
    Barrick and its Canadian legal counsel, Davies Ward
    Phillips&#160;&#038; Vineberg LLP (&#147;<B>Davies</B>&#148;),
    met with representatives of Fraser Milner Casgrain LLP
    (&#147;<B>FMC</B>&#148;), counsel to Arizona Star, and
    representatives of Citi, to discuss how the parties might move
    forward over the coming days to advance the evaluation and
    potential negotiation of the proposed acquisition of Arizona
    Star.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Due diligence investigations by Barrick and its legal counsel
    continued, including an information meeting between
    representatives of Barrick, Arizona Star, Davies and FMC on
    October&#160;24, 2007 to advance various diligence matters.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    On October&#160;24, 2007, Davies provided FMC with drafts of the
    Support Agreement and
    <FONT style="white-space: nowrap">Lock-Up</FONT>
    Agreements. FMC also provided FCMI and its counsel with a draft
    of the
    <FONT style="white-space: nowrap">Lock-Up</FONT>
    Agreement on the same date. Discussions and negotiations
    respecting these transaction agreements took place on October 25
    and October&#160;26, 2007.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    In the evening of October&#160;26, 2007, Barrick discussed with
    representatives of Arizona Star and Citi a proposed transaction
    price of $18.00 per Common Share for consideration of the
    Arizona Star Board of Directors and its special committee.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Further discussions and negotiations in relation to the Support
    Agreement and the
    <FONT style="white-space: nowrap">Lock-Up</FONT>
    Agreements continued on October 27 and October&#160;28, 2007. In
    the afternoon of October&#160;28, 2007, Arizona Star informed
    Barrick that the Arizona Star Board of Directors had accepted
    the proposed $18 per Common Share price and the terms of the
    Support Agreement. The agreements were finalized and executed by
    Barrick, Arizona Star and the Locked-Up Shareholders early in
    the evening of October&#160;28, 2007. On October&#160;29, 2007,
    each of Barrick and Arizona Star announced the execution of the
    Support Agreement and
    <FONT style="white-space: nowrap">Lock-Up</FONT>
    Agreements and Barrick&#146;s intention to make the Offer.
</DIV>


<!-- link1 "8.Purpose of the Offer and Plans for Arizona Star" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">8.&#160;</FONT></B>
</TD>
    <TD>
    <A name='125'></A><B><FONT style="font-family: 'Times New Roman', Times">Purpose
    of the Offer and Plans for Arizona Star</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The purpose of the Offer is to enable Barrick to acquire all of
    the Common Shares. The effect of the Offer is to give to all
    Shareholders the opportunity to receive $18.00 cash per Common
    Share, representing a premium of 27% over the volume weighted
    average trading price of the Common Shares on the TSXV for the
    20 trading days ending on October&#160;26, 2007.
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    34
</DIV><!-- END LOGICAL PAGE -->
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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If, within four months after the date of the Offer, the Offer
    has been accepted by holders of not less than 90% of the
    outstanding Common Shares as at the Expiry Time, Barrick may, to
    the extent possible, acquire the remaining Common Shares from
    those Shareholders who have not accepted the Offer pursuant to a
    Compulsory Acquisition. Barrick has covenanted in the Support
    Agreement that if a Compulsory Acquisition is not available or
    Barrick chooses not to avail itself of such statutory right of
    acquisition, Barrick will use its commercially reasonable
    efforts to pursue other means of acquiring the remaining Common
    Shares not tendered under the Offer. Arizona Star has agreed
    that, in the event Barrick takes up and pays for Common Shares
    under the Offer representing at least a simple majority of the
    outstanding Common Shares (calculated on a fully diluted basis
    as at the Expiry Time), Arizona Star will assist Barrick in
    connection with any Subsequent Acquisition Transaction, provided
    that the consideration per Common Share offered in connection
    with the Subsequent Acquisition Transaction is at least
    equivalent in value to the consideration per Common Share paid
    under the Offer. If the Minimum Tender Condition is satisfied
    and Barrick takes up and pays for the Common Shares deposited
    under the Offer, Barrick should own sufficient Common Shares to
    effect a Subsequent Acquisition Transaction. See Section&#160;15
    of the Circular, &#147;Acquisition of Common Shares Not
    Deposited&#148;.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Upon completion of the Offer, Barrick intends to conduct a
    detailed review of Arizona Star and its subsidiaries, including
    an evaluation of their respective business plans, assets,
    operations and organizational and capital structure to determine
    what changes would be desirable in light of such review and the
    circumstances that then exist. Promptly upon the initial take up
    and payment by Barrick of such number of Common Shares
    representing at least a majority of the outstanding Common
    Shares, Barrick will be entitled to requisition a meeting of the
    Shareholders at which Barrick may remove the current members of
    the Arizona Star Board of Directors and elect directors
    nominated by Barrick.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If permitted by applicable Laws, Barrick intends to cause
    Arizona Star to apply to delist the Common Shares from the TSXV
    and the AMEX as soon as practicable after completion of the
    Offer, any Compulsory Acquisition or any Subsequent Acquisition
    Transaction. In addition, if permitted by applicable Laws,
    subsequent to the completion of the Offer and any Compulsory
    Acquisition or Subsequent Acquisition Transaction, Barrick
    intends to cause Arizona Star to cease to be a reporting issuer
    under the securities laws of each province of Canada in which it
    is a reporting issuer and the United States. See Section&#160;18
    of the Circular, &#147;Effect of the Offer on the Market for and
    Listing of Common Shares and Status as a Reporting Issuer&#148;.
</DIV>


<!-- link1 "9.Shareholder Rights Plan" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

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<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">9.&#160;</FONT></B>
</TD>
    <TD>
    <A name='146'></A><B><FONT style="font-family: 'Times New Roman', Times">Shareholder
    Rights Plan</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    On November&#160;9, 2005 Arizona Star and Computershare Investor
    Services Inc., as rights agent, entered into a Shareholder
    Rights Plan which was subsequently amended by amending agreement
    no.&#160;1 on October&#160;13, 2006. The full text of the
    Shareholder Rights Plan has been filed by Arizona Star with the
    Canadian securities regulatory authorities and is available at
    www.sedar.com.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Pursuant to the Shareholder Rights Plan, Arizona Star issued one
    SRP&#160;Right in respect of each outstanding Arizona Star
    common share and authorized the issue of one SRP&#160;Right for
    each Arizona Star common share issued thereafter. The
    SRP&#160;Rights are attached to the Arizona Star common shares
    and are not exercisable until the &#147;<B>Separation
    Time</B>&#148;, being the close of business (Toronto time) on
    the eighth business day (as such term is defined in the
    Shareholder Rights Plan) after the earlier of: (a)&#160;the
    first date of public announcement or disclosure of facts
    indicating that a person has become a beneficial owner of 20% or
    more of the outstanding Common Shares, subject to certain
    exceptions set out in the Shareholder Rights Plan, and
    (b)&#160;the date of the commencement of, or first public
    announcement of, the intent of any person to commence, a
    take-over bid other than a &#147;Permitted Bid&#148; (as defined
    in the Shareholder Rights Plan) so long as such
    <FONT style="white-space: nowrap">take-over</FONT>
    bid continues to satisfy the requirements of such a
    &#147;Permitted Bid&#148;; provided, however, that if any such
    take-over bid expires, is cancelled, is terminated or is
    otherwise withdrawn prior to the Separation Time, then such
    <FONT style="white-space: nowrap">take-over</FONT>
    bid will be deemed never to have been made.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The Arizona Star Board of Directors has agreed in the Support
    Agreement to take all further action necessary pursuant to the
    Shareholder Rights Plan to ensure, among other things, that the
    Separation Time does not occur in connection with the Support
    Agreement or any of the Contemplated Transactions. See
    Section&#160;5 of the Circular, &#147;Support
    Agreement&#160;&#151; Shareholder Rights Plan&#148;.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    It is a condition of the Offer that Barrick shall have
    determined in its reasonable discretion that, on terms
    satisfactory to Barrick: (a)&#160;the Arizona Star Board of
    Directors shall have waived the application of the Shareholder
    Rights Plan to the purchase of Common Shares by Barrick under
    the Offer, any Compulsory Acquisition and any Subsequent
    Acquisition Transaction; (b)&#160;a cease trade order or an
    injunction shall have been issued that has the effect of
    prohibiting or preventing
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    35
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    the exercise of SRP Rights or the issue of common shares of
    Arizona Star upon the exercise of the SRP Rights in relation to
    the purchase of Common Shares by Barrick under the Offer, any
    Compulsory Acquisition or any Subsequent Acquisition
    Transaction; (c)&#160;a court of competent jurisdiction shall
    have ordered that the SRP Rights are illegal or of no force or
    effect or may not be exercised in relation to the Offer, any
    Compulsory Acquisition or any Subsequent Acquisition
    Transaction; or (d)&#160;the SRP Rights and the Shareholder
    Rights Plan shall otherwise have become or been held
    unexercisable or unenforceable in relation to the Common Shares
    with respect to the Offer, any Compulsory Acquisition and any
    Subsequent Acquisition Transaction and any acquisition of Common
    Shares pursuant thereto. See Section&#160;4 of the Offer,
    &#147;Conditions of the Offer&#148;.
</DIV>


<!-- link1 "10.Regulatory Matters" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="5%"></TD>
    <TD width="95%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">10.&#160;</FONT></B>
</TD>
    <TD>
    <A name='126'></A><B><FONT style="font-family: 'Times New Roman', Times">Regulatory
    Matters</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    To the knowledge of Barrick, no authorization, consent or
    approval of, or filing with, any public body, court or authority
    is necessary on the part of Barrick for the consummation of the
    transactions contemplated by the Offer, except for such
    authorizations, consents, approvals and filings the failure to
    obtain or make which would not, individually or in the
    aggregate, prevent or materially delay consummation of the
    transactions contemplated by the Offer. In the event that
    Barrick becomes aware of other requirements, it will make
    reasonable commercial efforts to obtain such approval at or
    prior to the Expiry Time, as such time may be extended.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Based upon an examination of publicly available information
    relating to the business of Arizona Star, Barrick does not
    expect the Offer, the Compulsory Acquisition or the Subsequent
    Acquisition Transaction, as applicable, to give rise to material
    competition/antitrust concerns in any jurisdiction. However,
    Barrick cannot be assured that no such concerns will arise.
</DIV>


<!-- link1 "11.Source of Funds" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">11.&#160;</FONT></B>
</TD>
    <TD>
    <A name='127'></A><B><FONT style="font-family: 'Times New Roman', Times">Source
    of Funds</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Barrick estimates that, if it acquires all of the Common Shares
    pursuant to the Offer (including any Common Shares issued upon
    the exercise of all Options), the total amount of cash required
    for the purchase of such Common Shares and to cover related fees
    and expenses of Barrick will be approximately $774,500,000. This
    amount will be satisfied by the use of cash on hand.
    Barrick&#146;s obligation to purchase the Common Shares
    deposited to the Offer is not subject to any financing condition.
</DIV>


<!-- link1 "12.Ownership of and Trading in Securities of Arizona Star" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">12.&#160;</FONT></B>
</TD>
    <TD>
    <A name='128'></A><B><FONT style="font-family: 'Times New Roman', Times">Ownership
    of and Trading in Securities of Arizona Star</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    No Common Shares, Options or other securities of Arizona Star
    are beneficially owned, directly or indirectly, nor is control
    or direction exercised over any of such securities, by Barrick
    or its directors or senior officers. To the knowledge of
    Barrick, after reasonable enquiry, no Common Shares, Options or
    other securities of Arizona Star are owned, directly or
    indirectly, nor is control or direction exercised over any such
    securities, by any associate of a director or senior officer of
    Barrick, any person or company holding more than 10% of any
    class of equity securities of Barrick, or any person or company
    acting jointly or in concert with Barrick.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    None of Barrick or any director or senior officer of Barrick or,
    to the knowledge of Barrick after reasonable enquiry, any of the
    other persons referred to above, has traded in any securities of
    Arizona Star during the six months preceding the date hereof.
    There is no person acting &#147;jointly or in concert&#148; with
    Barrick in connection with the transactions described in the
    Offer and this Circular.
</DIV>


<!-- link1 "13.Commitments to Acquire Securities of Arizona Star" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">13.&#160;</FONT></B>
</TD>
    <TD>
    <A name='129'></A><B><FONT style="font-family: 'Times New Roman', Times">Commitments
    to Acquire Securities of Arizona Star</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    None of Barrick or any director or senior officer of Barrick,
    or, to the knowledge of Barrick, after reasonable enquiry, any
    associate of any such director or senior officer, any person or
    company holding more than 10% of any class of equity securities
    of Barrick, or any person or company acting jointly or in
    concert with Barrick, has entered into any commitments to
    acquire any equity securities of Arizona Star, except for the
    commitments made by Barrick pursuant to the Support Agreement
    and the
    <FONT style="white-space: nowrap">Lock-Up</FONT>
    Agreement. See Section&#160;5 of the Circular, &#147;Support
    Agreement&#148; and Section&#160;6 of the Circular,
    <FONT style="white-space: nowrap">&#147;Lock-Up</FONT>
    Agreements&#148;.
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    36
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->


<!-- link1 "14.Material Changes in Affairs of Arizona Star" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">14.&#160;</FONT></B>
</TD>
    <TD>
    <A name='130'></A><B><FONT style="font-family: 'Times New Roman', Times">Material
    Changes in Affairs of Arizona Star</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Barrick has no information which indicates any material change
    in the affairs of Arizona Star since the date of the last
    published financial statements of Arizona Star, other than the
    making of this Offer by Barrick and such other material changes
    as have been publicly disclosed by Arizona Star. Barrick has no
    knowledge of any material fact concerning the securities of
    Arizona Star that has not been generally disclosed by Arizona
    Star or any other matter that has not previously been generally
    disclosed which would reasonably be expected to affect the
    decision of Shareholders to accept or reject the Offer.
</DIV>


<!-- link1 "15.Acquisition of Common Shares Not Deposited" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">15.&#160;</FONT></B>
</TD>
    <TD>
    <A name='131'></A><B><FONT style="font-family: 'Times New Roman', Times">Acquisition
    of Common Shares Not Deposited</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    It is Barrick&#146;s current intention that if it takes up and
    pays for Common Shares deposited under the Offer, it will enter
    into one or more transactions to enable Barrick or an affiliate
    of Barrick to acquire all Common Shares not acquired pursuant to
    the Offer. There is no assurance that such transaction will be
    completed.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Compulsory
    Acquisition</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If, within four months after the date of the Offer, the Offer
    has been accepted by Shareholders who, in the aggregate, hold
    not less than 90% of the issued and outstanding Common Shares as
    at the Expiry Time, other than Common Shares held on the date of
    the Offer by or on behalf of Barrick or its affiliates and
    associates (as such terms are defined in the BCBCA) and Barrick
    acquires or is bound to take up and pay for such deposited
    Common Shares under the Offer, Barrick intends, to the extent
    possible, to acquire those Common Shares (including Common
    Shares that are issued as a result of the exercise of
    outstanding Options or other securities of Arizona Star that are
    convertible into or exchangeable or exercisable for Common
    Shares) which remain outstanding held by those persons who did
    not accept the Offer (and each person who subsequently acquires
    any of such Common Shares) (&#147;<B>Offerees</B>&#148;)
    pursuant to the provisions of Section&#160;300 of the BCBCA on
    the same terms (including the per Common Share Offer price) as
    the Common Shares acquired under the Offer (a
    &#147;<B>Compulsory Acquisition</B>&#148;).
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    To exercise such statutory right, Barrick must send notice (the
    &#147;<B>Offeror&#146;s Notice</B>&#148;) to each Offeree of
    such proposed acquisition within five months after the date of
    the Offer. If the Offeror&#146;s Notice is sent to an Offeree
    under Subsection 300(3) of the BCBCA, Barrick is entitled and
    bound to acquire all of the Common Shares of that Offeree that
    were involved in the Offer for the same price and on the same
    terms contained in the Offer (unless a court having jurisdiction
    orders otherwise on an application made by that Offeree within
    two months after the date of the Offeror&#146;s Notice to
    Arizona Star) and must pay or transfer to Arizona Star the
    amount or other consideration representing the price payable by
    Barrick for the Common Shares that are referred to in the
    Offeror&#146;s Notice if the court has not ordered otherwise.
    Pursuant to any such application, the court may fix the price
    and terms of payment for the Common Shares held by the Offeree
    and make any such consequential orders and give such directions
    as the court considers appropriate. On receiving the copy of the
    Offeror&#146;s Notice and the amount or other consideration
    representing the price payable for the Common Shares referred to
    in the Offeror&#146;s Notice, Arizona Star will be required to
    register Barrick as a Shareholder with respect to those Common
    Shares subject to the Offeror&#146;s Notice. Any such amount
    received by Arizona Star for the Common Shares is required to be
    paid into a separate account at a savings institution and,
    together with any other consideration so received, must be held
    by Arizona Star, or by a trustee approved by the court, in trust
    for the persons entitled to that sum.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>The foregoing is a summary only of the statutory right of
    Compulsory Acquisition which may become available to Barrick and
    is qualified in its entirety by the provisions of
    Section&#160;300 of the BCBCA. See Section&#160;300 of the
    BCBCA, a copy of which is attached as Schedule&#160;A to this
    Circular, for the full text of the relevant statutory
    provisions. Section&#160;300 of the BCBCA is complex and may
    require strict adherence to notice and timing provisions,
    failing which such rights may be lost or altered. Shareholders
    who wish to be better informed about those provisions of the
    BCBCA should consult their legal advisors.</B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Compelled
    Acquisition</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If not less than 90% of the issued and outstanding Common Shares
    are acquired by or on behalf of Barrick and its affiliates and
    associates (which, for the purposes of this Section entitled
    &#147;Compelled Acquisition&#148; will have the meanings given
    to them in the BCBCA), any Offeree of that class will be
    entitled, in certain circumstances and in accordance with the
    BCBCA, to require Barrick to acquire such Offeree&#146;s Common
    Shares.
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    37
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If Barrick has not sent the Offeror&#146;s Notice to an Offeree
    within one month after becoming entitled to do so, Barrick must
    send a written notice to each Offeree who did not accept the
    Offer stating that the Offeree, within three months after
    receiving such written notice, may require Barrick to acquire
    the Common Shares of that Offeree that were involved in the
    Offer. If an Offeree requires Barrick to acquire the
    Offeree&#146;s Common Shares in accordance with these
    provisions, Barrick must acquire those Common Shares for the
    same price and on the same terms contained in the Offer.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>The foregoing is a summary only of the statutory right of
    compelled acquisition which may become available to Offerees and
    is qualified in its entirety by the provisions of Subsections
    300(9) and 300(10) of the BCBCA. See Subsections 300(9) and
    300(10) of the BCBCA for the full text of the relevant statutory
    provisions. Subsections 300(9) and 300(10) of the BCBCA are
    complex and may require strict adherence to notice and timing
    provisions, failing which such rights may be lost or altered.
    Shareholders who wish to be better informed about those
    provisions of the BCBCA should consult their legal advisors.</B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Subsequent
    Acquisition Transaction</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If Barrick takes up and pays for Common Shares validly deposited
    to the Offer and a Compulsory Acquisition is not available or
    Barrick elects not to pursue a Compulsory Acquisition, Barrick
    currently intends, depending on the number of Common Shares
    taken up and paid for under the Offer, to take such action as is
    necessary or advisable, including causing a special meeting of
    Shareholders to be called to consider an amalgamation, capital
    reorganization, share consolidation, statutory arrangement or
    other transaction involving Arizona Star and Barrick
    <FONT style="white-space: nowrap">and/or</FONT> one
    or more affiliates of Barrick for the purpose of enabling
    Barrick or an affiliate of Barrick to acquire all Common Shares
    not acquired by Barrick pursuant to the Offer (a
    &#147;<B>Subsequent Acquisition Transaction</B>&#148;). The
    timing and details of any such transaction will depend on a
    number of factors, including the number of Common Shares
    acquired pursuant to the Offer.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Barrick has covenanted in the Support Agreement that if a
    Compulsory Acquisition is not available or Barrick chooses not
    to avail itself of such statutory right of acquisition, Barrick
    will use its commercially reasonable efforts to pursue other
    means of acquiring the remaining Common Shares not tendered
    under the Offer. Arizona Star has agreed that, in the event
    Barrick takes up and pays for Common Shares under the Offer
    representing at least a simple majority of the outstanding
    Common Shares (calculated on a fully diluted basis as at the
    Expiry Time), Arizona Star will assist Barrick in connection
    with any Subsequent Acquisition Transaction, provided that the
    consideration per Common Share offered in connection with the
    Subsequent Acquisition Transaction is at least equivalent in
    value to the consideration per Common Share paid under the Offer.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Provided that at least
    66<FONT style="vertical-align: top; font-size: 70&#37;">2</FONT>/<FONT style="font-size: 70&#37;">3</FONT>%
    of the outstanding Common Shares on a fully diluted basis are
    deposited to the Offer (which is a condition of the Offer) and
    Barrick takes up and pays for such Common Shares, Barrick will
    own sufficient Common Shares to effect such Subsequent
    Acquisition Transaction.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    A Subsequent Acquisition Transaction described above may
    constitute a &#147;business combination&#148; or a &#147;going
    private transaction&#148; within the meaning of certain
    applicable Canadian securities legislation including OSC
    <FONT style="white-space: nowrap">Rule&#160;61-501</FONT>
    and AMF
    <FONT style="white-space: nowrap">Regulation&#160;Q-27.</FONT>
    Under
    <FONT style="white-space: nowrap">Rule&#160;61-501</FONT>
    and
    <FONT style="white-space: nowrap">Regulation&#160;Q-27,</FONT>
    subject to certain exceptions, a Subsequent Acquisition
    Transaction may constitute a &#147;business combination&#148; or
    a &#147;going private transaction&#148; if it would result in
    the interest of a holder or beneficial owner of Common Shares
    being terminated without such holder&#146;s or beneficial
    owner&#146;s consent, irrespective of the nature of the
    consideration provided in substitution therefor. Barrick expects
    that any Subsequent Acquisition Transaction relating to Common
    Shares will be a &#147;business combination&#148; or a
    &#147;going private transaction&#148; under
    <FONT style="white-space: nowrap">Rule&#160;61-501</FONT>
    and
    <FONT style="white-space: nowrap">Regulation&#160;Q-27.</FONT>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    In certain circumstances, the provisions of
    <FONT style="white-space: nowrap">Rule&#160;61-501</FONT>
    and
    <FONT style="white-space: nowrap">Regulation&#160;Q-27</FONT>
    may also deem certain types of Subsequent Acquisition
    Transactions to be &#147;related party transactions&#148;.
    However, if the Subsequent Acquisition Transaction is a
    &#147;business combination&#148; or a &#147;going private
    transaction&#148; carried out in accordance with
    <FONT style="white-space: nowrap">Rule&#160;61-501</FONT>
    and
    <FONT style="white-space: nowrap">Regulation&#160;Q-27</FONT>
    or an exemption therefrom, the &#147;related party
    transaction&#148; provisions therein do not apply to such
    transaction. Barrick intends to carry out any such Subsequent
    Acquisition Transaction in accordance with
    <FONT style="white-space: nowrap">Rule&#160;61-501</FONT>
    and
    <FONT style="white-space: nowrap">Regulation&#160;Q-27,</FONT>
    or any successor provisions, or exemptions therefrom, such that
    the &#147;related party transaction&#148; provisions of
    <FONT style="white-space: nowrap">Rule&#160;61-501</FONT>
    and
    <FONT style="white-space: nowrap">Regulation&#160;Q-27</FONT>
    will not apply to such Subsequent Acquisition Transaction.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <FONT style="white-space: nowrap">Rule&#160;61-501</FONT>
    and
    <FONT style="white-space: nowrap">Regulation&#160;Q-27</FONT>
    provide that, unless exempted, a corporation proposing to carry
    out a business combination or a going private transaction is
    required to prepare a formal valuation of the Common Shares
    (and, subject to
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    38
</DIV><!-- END LOGICAL PAGE -->
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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    certain exceptions, any non-cash consideration being offered
    therefor) and provide to the holders of the Common Shares a
    summary of such valuation or the entire valuation.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    In connection therewith, Barrick intends to rely on any
    exemption then available or pursuant to
    <FONT style="white-space: nowrap">Rule&#160;61-501</FONT>
    and
    <FONT style="white-space: nowrap">Regulation&#160;Q-27</FONT>
    and is seeking relief from the corresponding valuation
    requirements in certain other provinces of Canada exempting
    Barrick or Arizona Star or their affiliates, as appropriate,
    from the requirement to prepare a valuation in connection with
    any Subsequent Acquisition Transaction. An exemption is
    available under
    <FONT style="white-space: nowrap">Rule&#160;61-501</FONT>
    and
    <FONT style="white-space: nowrap">Regulation&#160;Q-27</FONT>
    for certain business combinations or going private transactions
    completed within 120&#160;days after the expiry of a formal
    take-over bid if the consideration offered under such
    transaction is at least equal in value to and is in the same
    form as the consideration that the tendering Shareholders were
    entitled to receive in the take-over bid and that certain
    disclosure is given in the take-over bid disclosure documents.
    For these purposes, if Shareholders receive securities in
    consideration for their Common Shares in the business
    combination which securities are redeemed for cash within seven
    days of their issuance, the cash proceeds of the redemption,
    rather than the redeemed securities, are deemed to be the
    consideration received in the business combination. Barrick
    currently intends that the consideration per Common Share
    offered under any Subsequent Acquisition Transaction proposed by
    it would be equal in value to and in the same form as, the
    consideration per Common Share paid to the Shareholders under
    the Offer (or securities redeemed for cash in such amount within
    seven days of their issuance, as permitted by
    <FONT style="white-space: nowrap">Rule&#160;61-501)</FONT>
    and that such Subsequent Acquisition Transaction will be
    completed no later than 120&#160;days after the Expiry Date and,
    accordingly, Barrick expects to rely on these exemptions or to
    obtain relief from the relevant valuation requirements of
    certain other provinces of Canada, as applicable.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Depending on the nature and the terms of the Subsequent
    Acquisition Transaction, the provisions of the BCBCA and Arizona
    Star&#146;s constating documents require the approval of at
    least
    66<FONT style="vertical-align: top; font-size: 70&#37;">2</FONT>/<FONT style="font-size: 70&#37;">3</FONT>%
    of the votes cast by holders of the outstanding Common Shares at
    a meeting duly called and held for the purpose of approving a
    Subsequent Acquisition Transaction.
    <FONT style="white-space: nowrap">Rule&#160;61-501</FONT>
    and
    <FONT style="white-space: nowrap">Regulation&#160;Q-27</FONT>
    would in effect also require that, in addition to any other
    required securityholder approval, in order to complete a
    business combination or a going private transaction, the
    approval of a majority of the votes cast by &#147;minority&#148;
    holders of the Common Shares must be obtained unless an
    exemption is available or discretionary relief is granted by the
    OSC and the AMF. In relation to any Subsequent Acquisition
    Transaction, the &#147;minority&#148; holders will be, subject
    to any available exemption or discretionary relief granted by
    the OSC and the AMF, as required, all Shareholders other than
    Barrick, any &#147;interested party&#148; (within the meaning of
    <FONT style="white-space: nowrap">Rule&#160;61-501</FONT>
    and
    <FONT style="white-space: nowrap">Regulation&#160;Q-27),</FONT>
    certain &#147;related parties&#148; of Barrick or of any other
    &#147;interested party&#148; (in each case within the meaning of
    <FONT style="white-space: nowrap">Rule&#160;61-501</FONT>
    and
    <FONT style="white-space: nowrap">Regulation&#160;Q-27)</FONT>
    including any director or senior officer of Barrick, affiliate
    or insider of Barrick or any of their directors or senior
    officers and any &#147;joint actor&#148; (within the meaning of
    <FONT style="white-space: nowrap">Rule&#160;61-501</FONT>
    and
    <FONT style="white-space: nowrap">Regulation&#160;Q-27)</FONT>
    with any of the foregoing persons.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <FONT style="white-space: nowrap">Rule&#160;61-501</FONT>
    and
    <FONT style="white-space: nowrap">Regulation&#160;Q-27</FONT>
    also provide that Barrick may treat Common Shares acquired
    pursuant to the Offer (including those deposited under the terms
    of the
    <FONT style="white-space: nowrap">Lock-Up</FONT>
    Agreements) as &#147;minority&#148; shares and vote them, or
    consider them voted, in favour of a Subsequent Acquisition
    Transaction that is a business combination or a going private
    transaction, provided that, among other things, (a)&#160;the
    business combination or going private transaction is completed
    not later than 120&#160;days after the Expiry Date; (b)&#160;the
    consideration for each security in the Subsequent Acquisition
    Transaction is at least equal in value to and in the same form
    as the consideration paid pursuant to the Offer (and for these
    purposes, if Shareholders receive securities in consideration
    for their Common Shares in the business combination which
    securities are redeemed for cash within seven days of their
    issuance, the cash proceeds of the redemption, rather than the
    redeemed securities, are deemed to be the consideration received
    in the business combination); and (c)&#160;the Shareholder who
    tendered such Common Shares to the Offer was not (i)&#160;a
    &#147;joint actor&#148; (within the meaning
    <FONT style="white-space: nowrap">Rule&#160;61-501</FONT>
    and
    <FONT style="white-space: nowrap">Regulation&#160;Q-27),</FONT>
    (ii)&#160;a direct or indirect party to any &#147;connected
    transaction&#148; (within the meaning of
    <FONT style="white-space: nowrap">Rule&#160;61-501)</FONT>
    to the Offer or (iii)&#160;entitled to receive, directly or
    indirectly, in connection with the Offer, a &#147;collateral
    benefit&#148; (within the meaning of
    <FONT style="white-space: nowrap">Rule&#160;61-501)</FONT>
    or consideration per Common Share that is not identical in
    amount and form to the entitlement of the general body of
    holders in Canada of Common Shares. Barrick currently intends
    that the consideration offered under any Subsequent Acquisition
    Transaction proposed by it would be equal in value to and in the
    same form as, the consideration paid to Shareholders under the
    Offer (or securities redeemed for cash in such amount within
    seven days of their issuance, as permitted by
    <FONT style="white-space: nowrap">Rule&#160;61-501)</FONT>
    and that such Subsequent Acquisition Transaction will be
    completed no later than 120&#160;days after the Expiry Date and,
    accordingly, Barrick intends to cause Common Shares acquired
    pursuant to the Offer to be voted in favour of such transaction
    and to be counted as part of any minority approval required in
    connection with any such transaction. The only Common Shares
    that Barrick anticipates will be required to be excluded in
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    39
</DIV><!-- END LOGICAL PAGE -->
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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    determining whether minority approval has been obtained are the
    Common Shares that Barrick may purchase through the facilities
    of the TSXV, if any, as described in Section&#160;12 of the
    Offer, &#147;Market Purchases&#148;.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    In addition, under
    <FONT style="white-space: nowrap">Rule&#160;61-501</FONT>
    and
    <FONT style="white-space: nowrap">Regulation&#160;Q-27,</FONT>
    if, following the Offer, Barrick and its &#147;joint
    actors&#148; (within the meaning of
    <FONT style="white-space: nowrap">Rule&#160;61-501</FONT>
    and
    <FONT style="white-space: nowrap">Regulation&#160;Q-27)</FONT>
    are the registered holders of 90% or more of the Common Shares
    at the time the business combination or going private
    transaction is initiated, the requirement for minority approval
    under
    <FONT style="white-space: nowrap">Rule&#160;61-501</FONT>
    and
    <FONT style="white-space: nowrap">Regulation&#160;Q-27</FONT>
    would not apply to the transaction if an enforceable right to
    dissent and seek fair value or a substantially equivalent right
    is made available to the minority Shareholders.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Any Subsequent Acquisition Transaction may also result in
    Shareholders having the right to dissent and demand payment of
    the fair value of their Common Shares. If the relevant dissent
    procedures are complied with, this right could lead to a
    judicial determination of the fair value required to be paid to
    such dissenting Shareholders for their Common Shares. The fair
    value of Common Shares so determined could be more or less than
    the amount paid per Common Share under the Subsequent
    Acquisition Transaction or the Offer.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The timing and details of any Compulsory Acquisition or
    Subsequent Acquisition Transaction involving Arizona Star will
    necessarily depend on a variety of factors, including the number
    of Common Shares acquired pursuant to the Offer. Although
    Barrick currently intends to propose a Compulsory Acquisition or
    a Subsequent Acquisition Transaction on the same terms as the
    Offer, it is possible that, as a result of the number of Common
    Shares acquired under the Offer, delays in Barrick&#146;s
    ability to effect such a transaction, information hereafter
    obtained by Barrick, changes in general economic, industry,
    regulatory or market conditions or in the business of Arizona
    Star, or other currently unforeseen circumstances, such a
    transaction may not be so proposed or may be delayed or
    abandoned. Barrick expressly reserves the right to propose other
    means of acquiring, directly or indirectly, all of the
    outstanding Common Shares in accordance with applicable Laws,
    including a Subsequent Acquisition Transaction on terms not
    described in the Circular.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If Barrick is unable or decides not to effect a Compulsory
    Acquisition or propose a Subsequent Acquisition Transaction, or
    proposes a Subsequent Acquisition Transaction but cannot obtain
    any required approvals or exemptions promptly, Barrick will
    evaluate its other alternatives. Such alternatives could
    include, to the extent permitted by applicable Laws, purchasing
    additional Common Shares in the open market, in privately
    negotiated transactions, in another take-over bid or exchange
    offer or otherwise, or from Arizona Star, or taking no actions
    to acquire additional Common Shares. Subject to applicable Laws,
    any additional purchases of Common Shares could be at a price
    greater than, equal to, or less than the price to be paid for
    Common Shares under the Offer and could be for cash, securities
    <FONT style="white-space: nowrap">and/or</FONT> other
    consideration. Alternatively, Barrick may take no action to
    acquire additional Common Shares, or may even sell or otherwise
    dispose of any or all Common Shares acquired pursuant to the
    Offer, on terms and at prices then determined by Barrick, which
    may vary from the price paid for Common Shares under the Offer.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The tax consequences to a Shareholder of a Subsequent
    Acquisition Transaction may differ from the tax consequences to
    such Shareholder of accepting the Offer. See Section&#160;19 of
    the Circular, &#147;Certain Canadian Federal Income Tax
    Considerations&#148; and Section&#160;20 of the Circular,
    &#147;Certain United States Federal Income Tax
    Considerations&#148;.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Shareholders should consult their legal advisors for a
    determination of their legal rights with respect to a Subsequent
    Acquisition Transaction if and when proposed.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Judicial
    Developments</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Certain judicial decisions may be considered relevant to any
    Subsequent Acquisition Transaction that may be proposed or
    effected subsequent to the expiry of the Offer. Prior to the
    adoption of
    <FONT style="white-space: nowrap">Rule&#160;61-501</FONT>
    (or its predecessor, OSC Policy 9.1) and
    <FONT style="white-space: nowrap">Regulation&#160;Q-27,</FONT>
    Canadian courts had, in a few instances, granted preliminary
    injunctions to prohibit transactions involving business
    combinations or going private transactions. Barrick has been
    advised that more recent notices and judicial decisions indicate
    a willingness to permit business combinations or going private
    transactions to proceed, subject to compliance with requirements
    intended to ensure procedural and substantive fairness in the
    treatment of minority shareholders.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Shareholders should consult their legal advisors for a
    determination of their legal rights with respect to any
    transaction that may constitute a business combination or going
    private transaction.
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    40
</DIV><!-- END LOGICAL PAGE -->
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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->


<!-- link1 "16.Benefits from the Offer" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">16.&#160;</FONT></B>
</TD>
    <TD>
    <A name='132'></A><B><FONT style="font-family: 'Times New Roman', Times">Benefits
    from the Offer</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    To the knowledge of Barrick, there are no direct or indirect
    benefits of accepting or refusing to accept the Offer that will
    accrue to any director or senior officer of Arizona Star, to any
    associate of a director or senior officer of Arizona Star, to
    any person or company holding more than 10% of any class of
    equity securities of Arizona Star or to any person or company
    acting jointly or in concert with Barrick, other than those that
    will accrue to Shareholders generally.
</DIV>


<!-- link1 "17.Agreements, Arrangements or Understandings" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">17.&#160;</FONT></B>
</TD>
    <TD>
    <A name='133'></A><B><FONT style="font-family: 'Times New Roman', Times">Agreements,
    Arrangements or Understandings</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Other than the
    <FONT style="white-space: nowrap">Lock-Up</FONT>
    Agreements, there are (a)&#160;no arrangements or agreements
    made or proposed to be made between Barrick and any of the
    directors or senior officers of Arizona Star; and (b)&#160;no
    contracts, arrangements or understandings, formal or informal,
    between Barrick and any securityholder of Arizona&#160;Star with
    respect to the Offer. Other than the Confidentiality Agreement,
    the Support Agreement and the
    <FONT style="white-space: nowrap">Lock-Up</FONT>
    Agreements, there are no contracts, arrangements or
    understandings, formal or informal, between Barrick and any
    person or company with respect to any securities of Arizona Star
    in relation to the Offer. See Section&#160;5 of this Circular,
    &#147;Support Agreement&#148; and Section&#160;6 of this
    Circular,
    <FONT style="white-space: nowrap">&#147;Lock-Up</FONT>
    Agreements&#148;.
</DIV>


<!-- link1 "18.Effect of the Offer on the Market for and Listing of Common Shares and Status as a Reporting Issuer" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">18.&#160;</FONT></B>
</TD>
    <TD>
    <A name='134'></A><B><FONT style="font-family: 'Times New Roman', Times">Effect
    of the Offer on the Market for and Listing of Common Shares and
    Status as a Reporting Issuer</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The purchase of Common Shares by Barrick under the Offer or
    otherwise will reduce the number of Common Shares that might
    otherwise trade publicly and will reduce the number of
    Shareholders and, depending on the number of Common Shares
    acquired by Barrick, could materially adversely affect the
    liquidity and market value of any remaining Common Shares held
    by the public.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The rules and regulations of the TSXV and the AMEX,
    respectively, establish certain criteria which, if not met,
    could lead to the delisting of the Common Shares from such
    exchange. Among such criteria are the number of Shareholders,
    the number of Common Shares publicly held and the aggregate
    market value of the Common Shares publicly held. Depending on
    the number of Common Shares purchased by Barrick under the Offer
    or otherwise, it is possible that the Common Shares will fail to
    meet the criteria for continued listing on one or both of such
    exchanges. If this were to happen, the Common Shares could be
    delisted and this could adversely affect the market or result in
    a lack of an established market for such Common Shares. If
    permitted by applicable Laws, Barrick intends to cause Arizona
    Star to apply to delist the Common Shares from the TSXV and the
    AMEX as soon as practicable after completion of the Offer, any
    Compulsory Acquisition or any Subsequent Acquisition
    Transaction. If the Common Shares are delisted from the TSXV and
    the AMEX, the extent of the public market for the Common Shares
    and the availability of price or other quotations would depend
    upon the number of Shareholders, the number of Common Shares
    publicly held and the aggregate market value of the Common
    Shares publicly held at such time, the interest in maintaining a
    market in Common Shares on the part of securities firms, whether
    Arizona Star remains subject to public reporting requirements in
    Canada and other factors.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    After the purchase of the Common Shares and any Compulsory
    Acquisition or Subsequent Acquisition Transaction, Arizona Star
    may cease to be subject to the public reporting and proxy
    solicitation requirements of the BCBCA and the securities laws
    of certain provinces of Canada. Furthermore, it may be possible
    for Arizona Star to request the elimination of the public
    reporting requirements of any province of Canada where a small
    number of Shareholders reside. If permitted by applicable Laws,
    subsequent to the completion of the Offer and any Compulsory
    Acquisition or Subsequent Acquisition Transaction, Barrick
    intends to cause Arizona Star to cease to be a reporting issuer
    under the securities laws of each province of Canada.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The registration of the Common Shares under the US Exchange Act
    could be terminated upon application of Arizona Star to the SEC
    if the Common Shares were no longer listed on a &#147;national
    securities exchange&#148; such as the AMEX and there were fewer
    than 300 holders of record of Common Shares resident in the
    United States. If the Common Shares were deregistered under the
    US Exchange Act, then Arizona Star would cease to be required to
    comply with US periodic reporting requirements and other rules
    governing publicly held companies in the United&#160;States. In
    addition, certain provisions of the US Exchange Act, such as
    <FONT style="white-space: nowrap">Rule&#160;13e-3</FONT>
    with respect to &#147;going private&#148; transactions, would no
    longer be applicable to Arizona Star and &#147;affiliates&#148;
    of Arizona Star and persons holding &#147;restricted
    securities&#148; of Arizona Star could be deprived of the
    ability to dispose of such securities pursuant to Rule&#160;144
    promulgated under the US Securities Act of 1933, as amended.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Furthermore, if registration of the Common Shares under the US
    Exchange Act is terminated, the Common Shares may no longer
    constitute &#147;margin securities&#148; under the regulations
    of the Board of Governors of the US Federal Reserve
</DIV>

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    <BR>
    41
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    System if there is no ready market for those securities, in
    which event the Common Shares could no longer be used as
    collateral for loans made by brokers.
</DIV>


<!-- link1 "19.Certain Canadian Federal Income Tax Considerations" -->


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    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">19.&#160;</FONT></B>
</TD>
    <TD>
    <A name='135'></A><B><FONT style="font-family: 'Times New Roman', Times">Certain
    Canadian Federal Income Tax Considerations</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    In the opinion of Davies Ward Phillips&#160;&#038; Vineberg LLP,
    counsel to Barrick, the following summary describes the
    principal Canadian federal income tax considerations generally
    applicable to the disposition of Common Shares under the Offer,
    a Compulsory Acquisition or a Subsequent Acquisition Transaction
    to Shareholders who, for the purposes of the <I>Income Tax Act
    </I>(Canada) (the &#147;<B>Tax Act</B>&#148;), and at all
    relevant times, hold their Common Shares as capital property,
    did not acquire the Common Shares pursuant to a stock option
    plan, and deal at arm&#146;s length and are not affiliated with
    Barrick or Arizona Star. Common Shares will generally be
    considered to be capital property to a Shareholder unless the
    Shareholder holds such shares in the course of carrying on a
    business or the Shareholder has acquired such shares in a
    transaction or transactions considered to be an adventure or
    concern in the nature of trade. Certain Canadian resident
    Shareholders whose Common Shares might not otherwise be
    considered capital property may be entitled to make an
    irrevocable election under subsection 39(4) of the Tax Act to
    have their Common Shares and all other &#147;Canadian
    securities&#148; (as defined in the Tax Act) owned by such
    Shareholder in the taxation year in which the election is made,
    and in all subsequent taxation years, deemed to be capital
    property.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    This summary is based upon the current provisions of the Tax Act
    and the regulations thereunder (the
    &#147;<B>Regulations</B>&#148;) and counsel&#146;s understanding
    of the administrative practices of the Canada Revenue Agency
    (&#147;<B>CRA</B>&#148;) published in writing prior to the date
    hereof. This summary also takes into account all specific
    proposals to amend the Tax Act and the Regulations publicly
    announced by or on behalf of the Minister of Finance (Canada)
    prior to the date hereof (the &#147;<B>Tax Proposals</B>&#148;),
    and assumes that all Tax Proposals will be enacted in the form
    proposed. However, there can be no assurance that the Tax
    Proposals will be enacted in their current form, or at all. This
    summary is not exhaustive of all possible Canadian federal
    income tax considerations and, except for the Tax Proposals,
    does not take into account or anticipate any changes in law or
    administrative practice, whether by legislative, regulatory,
    administrative or judicial action or decision, nor does it take
    into account or consider other federal or any provincial,
    territorial or foreign tax considerations, which may differ
    significantly from the Canadian federal income tax
    considerations described herein.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    This summary is based on the assumption that if the
    SRP&#160;Rights are acquired by Barrick, there is no value to
    the SRP&#160;Rights, and no amount of the consideration to be
    paid by Barrick will be allocated to the SRP&#160;Rights. This
    summary is not applicable to a Shareholder that is (a)&#160;a
    &#147;financial institution&#148; as defined in the Tax Act for
    the purposes of the &#147;mark-to-market&#148; rules, (b)&#160;a
    &#147;specified financial institution&#148; as defined in the
    Tax Act, or (c)&#160;a Shareholder an interest in which is, or
    for whom a Common Share would be, a &#147;tax shelter
    investment&#148; as defined in the Tax Act. Such Shareholders
    should consult their own tax advisors.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>This summary is of a general nature only and is not intended
    to be, nor should it be construed to be, legal or tax advice to
    any particular Shareholder. This summary is not exhaustive of
    all Canadian federal income tax considerations. Consequently,
    Shareholders are urged to consult their own tax advisors for
    advice regarding the income tax consequences to them of
    disposing of their Common Shares under the Offer, a Compulsory
    Acquisition or a Subsequent Acquisition Transaction having
    regard to their own particular circumstances, and any other
    consequences to them of such transactions under Canadian
    federal, provincial, territorial or local tax laws and under
    foreign tax laws.</B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Shareholders
    Resident in Canada</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The following portion of the summary is generally applicable to
    a Shareholder who, at all relevant times, for purposes of the
    Tax Act and any applicable income tax treaty is, or is deemed to
    be, resident in Canada (a &#147;<B>Resident Holder</B>&#148;).
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Sale
    Pursuant to the Offer</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    A Resident Holder who disposes of Common Shares to Barrick under
    the Offer will realize a capital gain (or capital loss) equal to
    the amount by which the cash received for the Common Shares,
    less any reasonable costs of disposition, exceeds (or is less
    than) the adjusted cost base of the Common Shares to the
    Resident Holder.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Generally, a Resident Holder is required to include in computing
    its income for a taxation year one-half of the amount of any
    capital gain (a &#147;<B>taxable capital gain</B>&#148;)
    realized in such taxation year. Subject to and in accordance
    with the
</DIV>

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    <BR>
    42
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<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    provisions of the Tax Act, a Resident Holder is required to
    deduct one-half of the amount of any capital loss (an
    &#147;<B>allowable capital loss</B>&#148;) realized in a
    taxation year from taxable capital gains realized by the
    Resident Holder in the year. Allowable capital losses in excess
    of taxable capital gains for the year may be carried back and
    deducted in any of the three preceding years or carried forward
    and deducted in any subsequent year against net taxable capital
    gains realized in such years in the circumstances described in
    the Tax Act.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Capital gains realized by individuals and certain trusts may
    give rise to a liability for alternative minimum tax under the
    Tax Act.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The amount of any capital loss realized by a Resident Holder
    that is a corporation on the disposition of a Common Share may
    be reduced by the amount of dividends previously received or
    deemed to have been received on such Common Share, subject to
    and in accordance with the provisions of the Tax Act. Similar
    rules may apply to a partnership or trust of which a
    corporation, trust or partnership is a member or beneficiary.
    Such Resident Holders should consult their own tax advisors
    regarding these rules.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    A Resident Holder that is throughout the year a
    &#147;Canadian-controlled private corporation&#148; as defined
    in the Tax Act may be liable to pay an additional refundable tax
    of
    6<FONT style="vertical-align: top; font-size: 70&#37;">2</FONT>/<FONT style="font-size: 70&#37;">3</FONT>%
    on certain investment income, including taxable capital gains.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Compulsory
    Acquisition</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    As described in Section&#160;15 of the Circular,
    &#147;Acquisition of Common Shares Not Deposited&#160;&#151;
    Compulsory Acquisition&#148;, Barrick may, in certain
    circumstances, acquire Common Shares pursuant to
    Section&#160;300 of the BCBCA. A Resident Holder disposing of
    Common Shares pursuant to a Compulsory Acquisition will realize
    a capital gain (or capital loss) generally calculated in the
    same manner and with the tax consequences as described above
    under &#147;Shareholders Resident in Canada&#160;&#151; Sale
    Pursuant to the Offer&#148;.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    A Resident Holder who obtains an order of a court of competent
    jurisdiction in respect of a Compulsory Acquisition and receives
    a cash payment from Barrick for its Common Shares will be
    considered to have disposed of the Common Shares for proceeds of
    disposition equal to the amount received (not including the
    amount of any interest awarded by the court). As a result, a
    Resident Holder will realize a capital gain (or a capital loss)
    generally calculated in the same manner and with the tax
    consequences as described above under &#147;Shareholders
    Resident in Canada&#160;&#151; Sale Pursuant to the Offer&#148;.
    Any interest awarded to a dissenting Resident Holder by the
    court must be included in computing such Resident Holder&#146;s
    income for the purposes of the Tax Act.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Subsequent
    Acquisition Transaction</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    As described in Section&#160;15 of the Circular,
    &#147;Acquisition of Common Shares Not Deposited&#160;&#151;
    Subsequent Acquisition Transaction&#148;, if the compulsory
    acquisition provisions of Section&#160;300 of the BCBCA are not
    utilized, Barrick may propose other means of acquiring the
    remaining issued and outstanding Common Shares. A Subsequent
    Acquisition Transaction may be effected by an amalgamation,
    capital reorganization, share consolidation, statutory
    arrangement or other transaction. The tax treatment of a
    Subsequent Acquisition Transaction to a Resident Holder will
    depend upon the exact manner in which the Subsequent Acquisition
    Transaction is carried out. Resident Holders should consult
    their own tax advisors for advice with respect to the income tax
    consequences to them of having their Common Shares acquired
    pursuant to a Subsequent Acquisition Transaction.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    By way of example, a Subsequent Acquisition Transaction could be
    implemented by means of an amalgamation of Arizona Star with
    Barrick
    <FONT style="white-space: nowrap">and/or</FONT> one
    or more of its affiliates pursuant to which Resident Holders who
    have not tendered their Common Shares under the Offer would have
    their Common Shares exchanged on the amalgamation for redeemable
    preference shares of the amalgamated corporation
    (&#147;<B>Redeemable Shares</B>&#148;) which would then be
    immediately redeemed for cash. In those circumstances, a
    Resident Holder would not realize a capital gain or capital loss
    as a result of such exchange of Common Shares for Redeemable
    Shares, and the cost of the Redeemable Shares received would be
    the aggregate adjusted cost base of the Common Shares to the
    Resident Holder immediately before the amalgamation.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Upon redemption of its Redeemable Shares, the Resident Holder
    would be deemed to have received a dividend (subject to the
    potential application of subsection 55(2) of the Tax Act to
    Resident Holders that are corporations, as discussed below)
    equal to the amount by which the redemption price of the
    Redeemable Shares exceeds their
    <FONT style="white-space: nowrap">paid-up</FONT>
    capital for purposes of the Tax Act. The difference between the
    redemption price and the amount of the deemed dividend
</DIV>

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    <BR>
    43
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<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    would be treated as proceeds of disposition of such shares for
    purposes of computing any capital gain or capital loss arising
    on the redemption of such shares.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Subsection 55(2) of the Tax Act provides that where a Resident
    Holder that is a corporation is deemed to receive a dividend
    under the circumstances described above, all or part of the
    deemed dividend may be treated instead as proceeds of
    disposition of the Redeemable Shares for the purpose of
    computing the Resident Holder&#146;s capital gain on the
    redemption of such shares. Accordingly, Resident Holders that
    are corporations should consult their own tax advisors for
    specific advice with respect to the potential application of
    this provision. Subject to the potential application of this
    provision, dividends deemed to be received by a Resident Holder
    that is a corporation as a result of the redemption of the
    Redeemable Shares will be included in computing its income, but
    normally will also be deductible in computing its taxable income.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    A Resident Holder that is a &#147;private corporation&#148; or a
    &#147;subject corporation&#148; (as such terms are defined in
    the Tax Act) may be liable to pay the
    33<FONT style="vertical-align: top; font-size: 70&#37;">1</FONT>/<FONT style="font-size: 70&#37;">3</FONT>%
    refundable tax under Part&#160;IV of the Tax Act on dividends
    deemed to be received on the Redeemable Shares to the extent
    that such dividends are deductible in computing the Resident
    Holder&#146;s taxable income.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    In the case of a Resident Holder who is an individual, dividends
    deemed to be received as a result of the redemption of the
    Redeemable Shares will be included in computing the Resident
    Holder&#146;s income and will be subject to the
    <FONT style="white-space: nowrap">gross-up</FONT> and
    dividend tax credit rules normally applicable to taxable
    dividends paid by a taxable Canadian corporation. A dividend
    will be eligible for an enhanced
    <FONT style="white-space: nowrap">gross-up</FONT> and
    dividend tax credit if the recipient receives written notice
    from the issue of the Redeemable Shares designating the dividend
    as an &#147;eligible dividend&#148; within the meaning of the
    Tax Act.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Pursuant to the current administrative practice of the CRA, a
    Resident Holder who exercises his or her statutory right of
    dissent in respect of an amalgamation would be considered to
    have disposed of his or her Common Shares for proceeds of
    disposition equal to the amount paid by the amalgamated
    corporation to the dissenting Resident Holder (other than
    interest awarded by a court of competent jurisdiction). As a
    result, a Resident Holder will realize a capital gain (or a
    capital loss) generally calculated in the same manner and with
    the tax consequences as described above under &#147;Shareholders
    Resident in Canada&#160;&#151; Sale Pursuant to the Offer&#148;.
    Any interest awarded to a dissenting Resident Holder by the
    court must be included in computing such Resident Holder&#146;s
    income for the purposes of the Tax Act.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Shareholders
    Not Resident in Canada</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The following portion of the summary is generally applicable to
    a Shareholder who, at all relevant times, for purposes of the
    Tax Act and any applicable income tax treaty, is not resident in
    Canada, nor deemed to be resident in Canada, and does not use or
    hold, and is not deemed to use or hold, Common Shares in
    connection with carrying on a business in Canada (a
    &#147;<B>Non-Resident Holder</B>&#148;). Special rules, which
    are not discussed in this summary, may apply to a non-resident
    that is an insurer carrying on business in Canada and elsewhere.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <I><FONT style="font-family: 'Times New Roman', Times">Disposition
    of Common Shares Pursuant to the Offer or a Compulsory
    Acquisition</FONT></I>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    A Non-Resident Holder who disposes of Common Shares under the
    Offer or a Compulsory Acquisition will realize a capital gain or
    a capital loss computed in the manner described above under
    &#147;Shareholders Resident in Canada&#160;&#151; Sale Pursuant
    to the Offer&#148;. A Non-Resident Holder will not be subject to
    tax under the Tax Act on any capital gain realized on the
    disposition of Common Shares pursuant to the Offer or Compulsory
    Acquisition unless the Common Shares constitute &#147;taxable
    Canadian property&#148; to the Non-Resident Holder and do not
    constitute &#147;treaty-protected property&#148;.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Generally, a Common Share will not constitute &#147;taxable
    Canadian property&#148; to a Non-Resident Holder at a particular
    time, provided that (a)&#160;such Common Share is listed on a
    prescribed stock exchange (which currently includes the TSXV and
    the AMEX) at that time, (b)&#160;the Non-Resident Holder,
    persons with whom the Non-Resident Holder does not deal at
    arm&#146;s length, or the Non-Resident Holder together with such
    persons have not owned 25% or more of the shares of any class or
    series of Arizona Star at any time within the
    <FONT style="white-space: nowrap">60-month</FONT>
    period immediately preceding that time and (c)&#160;the Common
    Share is not otherwise deemed to be taxable Canadian property
    for purposes of the Tax Act. See &#147;Delisting of Common
    Shares Following Completion of the Offer&#148; below, in the
    case where Common Shares are delisted prior to a Compulsory
    Acquisition.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Even if the Common Shares are taxable Canadian property to a
    Non-Resident Holder, a taxable capital gain resulting from the
    disposition of the Common Shares will not be included in
    computing the Non-Resident Holder&#146;s income for purposes of
    the Tax Act if the Common Shares constitute
    &#147;treaty-protected property&#148;. Common Shares owned by a
    Non-Resident Holder will generally be &#147;treaty-protected
    property&#148; if the gain from the disposition of such property
    would,
</DIV>

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<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    because of an applicable income tax treaty, be exempt from tax
    under the Tax Act. By way of example, under the Canada-US Income
    Tax Convention (the &#147;<B>US Treaty</B>&#148;), a
    Non-Resident Holder who is a resident of the United States for
    the purposes of the Tax Act and the US Treaty will be exempt
    from tax in Canada in respect of a gain realized on the
    disposition of the Common Shares, provided the value of such
    shares is not derived principally from real property situated in
    Canada. In the event that Common Shares constitute taxable
    Canadian property but not treaty-protected property to a
    particular Non-Resident Holder, the tax consequences as
    described above under &#147;Shareholders Resident in
    Canada&#160;&#151; Sale Pursuant to the Offer&#148; will
    generally apply. A Non-Resident Holder who disposes of
    &#147;taxable Canadian property&#148; must file a Canadian
    income tax return for the year in which the disposition occurs,
    regardless of whether the Non-Resident Holder is liable to
    Canadian tax on any gain realized as a result.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Any interest awarded by the court and paid or credited to a
    Non-Resident Holder who obtains an order of the court in respect
    of a Compulsory Acquisition will be subject to Canadian
    withholding tax at the rate of 25%, subject to reduction
    pursuant to the provisions of an applicable income tax treaty.
    Where the Non-Resident Holder is entitled to benefits under the
    US Treaty, by way of example, and is the beneficial owner of the
    interest, the applicable rate is generally reduced to 10%, and
    may be reduced to 0% under the Fifth Protocol to the US Treaty
    released on September&#160;21, 2007 and under the Tax Proposals.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <I><FONT style="font-family: 'Times New Roman', Times">Disposition
    of Common Shares Pursuant to a Subsequent Acquisition
    Transaction</FONT></I>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    As described in Section&#160;15 of the Circular,
    &#147;Acquisition of Common Shares Not Deposited&#160;&#151;
    Subsequent Acquisition Transaction&#148;, Barrick reserves the
    right to use all reasonable efforts to acquire the balance of
    Common Shares not acquired under the Offer or by Compulsory
    Acquisition. A Subsequent Acquisition Transaction may be
    effected by an amalgamation, capital reorganization, share
    consolidation, statutory arrangement or other transaction. The
    Canadian federal income tax consequences of a Subsequent
    Acquisition Transaction to a Non-Resident Holder will depend
    upon the exact manner in which the Subsequent Acquisition
    Transaction is carried out and may be substantially the same as,
    or materially different from, those described above. See
    &#147;Delisting of Common Shares Following Completion of the
    Offer&#148; below, in the case where Common Shares are delisted
    prior to a Subsequent Acquisition Transaction.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    A Non-Resident Holder may realize a capital gain (or a capital
    loss) <FONT style="white-space: nowrap">and/or</FONT>
    a deemed dividend on the disposition of Common Shares pursuant
    to a Subsequent Acquisition Transaction. Capital gains and
    capital losses realized by a Non-Resident Holder in connection
    with a Subsequent Acquisition Transaction will be subject to
    taxation in the manner described above under &#147;Shareholders
    Not Resident in Canada&#160;&#151; Disposition of Common Shares
    Pursuant to the Offer or a Compulsory Acquisition&#148;.
    Dividends paid or deemed to be paid to a Non-Resident Holder
    will be subject to Canadian withholding tax at a rate of 25%,
    subject to reduction pursuant to the provisions of an applicable
    income tax treaty. Where the Non-Resident Holder is entitled to
    the benefits under the US Treaty, by way of example, and is the
    beneficial owner of the dividends, the applicable rate is
    generally reduced to 15%.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Any interest paid to a Non-Resident Holder exercising its right
    to dissent in respect of a Subsequent Acquisition Transaction
    will be subject to Canadian withholding tax at the rate of 25%,
    subject to reduction pursuant to the provisions of an applicable
    income tax treaty (10% under the US Treaty, for example, with
    possible reduction to 0% under the Fifth Protocol to the US
    Treaty and the Tax Proposals).
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <I><FONT style="font-family: 'Times New Roman', Times">Delisting
    of Common Shares Following Completion of the Offer</FONT></I>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    As described above in Section&#160;18 of the Circular,
    &#147;Effect of the Offer on the Market for and Listing of
    Common Shares and Status as a Reporting Issuer&#148;, the Common
    Shares may cease to be listed on the TSXV and the AMEX following
    the completion of the Offer and may not be listed on the TSXV
    and the AMEX at the time of their disposition pursuant to a
    Compulsory Acquisition or a Subsequent Acquisition Transaction.
    Non-Resident Holders are cautioned that if the Common Shares are
    not listed on a prescribed or recognized stock exchange (which
    includes the TSXV and the AMEX) at the time they are disposed of:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

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    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (a)&#160;
</TD>
    <TD align="left">
    the Common Shares will generally be taxable Canadian property
    for Non-Resident Holders;
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (b)&#160;
</TD>
    <TD align="left">
    Non-Resident Holders may be subject to income tax under the Tax
    Act in respect of any capital gain realized on such disposition
    (unless the Common Shares constitute &#147;treaty-protected
    property&#148;, as described above);&#160;and
</TD>
</TR>

</TABLE>

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    <BR>
    45
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<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (c)&#160;
</TD>
    <TD align="left">
    the notification and withholding provisions of section&#160;116
    of the Tax Act will apply to Non-Resident Holders, in which case
    Barrick may be required to deduct or withhold an amount from any
    payment made to a Non-Resident Holder in respect of the
    acquisition of Common Shares.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    A Non-Resident Holder that disposes of &#147;taxable Canadian
    property&#148; must file a Canadian income tax return for the
    year in which the disposition occurs regardless of whether the
    Non-Resident Holder is liable to Canadian tax on any gain
    realized as a result.
</DIV>


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<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">20.&#160;</FONT></B>
</TD>
    <TD>
    <A name='136'></A><B><FONT style="font-family: 'Times New Roman', Times">Certain
    United States Federal Income Tax Considerations</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    In the opinion of Davies Ward Phillips&#160;&#038; Vineberg LLP,
    counsel to Barrick, the following summary describes the material
    US federal income tax considerations generally applicable to US
    Shareholders (as defined below) with respect to the disposition
    of Common Shares under the Offer (or a Compulsory Acquisition).
    This summary is based upon the US Internal Revenue Code of 1986,
    as amended (the &#147;<B>Code</B>&#148;), Treasury Regulations,
    administrative pronouncements, and judicial decisions, in each
    case as in effect on the date hereof, all of which are subject
    to change (possibly with retroactive effect). No ruling will be
    requested from the US Internal Revenue Service (the
    &#147;<B>IRS</B>&#148;) regarding the tax consequences of the
    Offer (or a Compulsory Acquisition) and there can be no
    assurance that the IRS will agree with the discussion set out
    below. The discussion does not address aspects of US federal
    taxation other than income taxation, nor does it address all
    aspects of US federal income taxation, including aspects of US
    federal income taxation that may be applicable to particular
    Shareholders, including but not limited to Shareholders who are
    dealers in securities, life insurance companies, tax-exempt
    organizations, banks, foreign persons, persons who hold Common
    Shares through partnerships or other pass-through entities,
    persons who own, directly or indirectly, 5% or more, by voting
    power or value, of the outstanding shares of Arizona Star or
    Barrick, persons whose functional currency is not the US dollar
    or who acquired their Common Shares in a compensatory
    transaction and persons who hold Common Shares as part of a
    straddle, hedge, constructive sale or other integrated
    transaction for tax purposes. This summary is limited to persons
    who hold their Common Shares as a &#147;capital asset&#148;
    within the meaning of Section&#160;1221 of the Code. The
    discussion also does not address the US federal income tax
    consequences to holders of Options or to holders of other
    securities of Arizona Star that are convertible into or
    exchangeable or exercisable for Common Shares. In addition, it
    does not address state, local or foreign tax consequences. US
    Shareholders are urged to consult their tax advisors with
    respect to the US federal, state, local and foreign tax
    consequences to their particular situations of the Offer (or a
    Compulsory Acquisition) or other transactions described in
    Section&#160;15 of the Circular, &#147;Acquisition of Common
    Shares Not Deposited&#148;.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    As used herein, the term &#147;<B>US Shareholder</B>&#148; means
    a beneficial owner of Common Shares that is, for US&#160;federal
    income tax purposes: (a)&#160;a citizen or resident of the
    United States; (b)&#160;a corporation or other entity taxable as
    a corporation created or organized under the laws of the United
    States or any political subdivision thereof or therein;
    (c)&#160;an estate the income of which is subject to US federal
    income taxation regardless of its source; or (d)&#160;a trust
    (i)&#160;that is subject to the supervision of a court within
    the United States and the control of one or more US persons as
    described in Code Section&#160;7701(a)(30) or (ii)&#160;that has
    a valid election in effect under applicable US Treasury
    regulations to be treated as a US person.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Disposition
    of Common Shares</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Subject to the discussion below under &#147;Passive Foreign
    Investment Companies&#148;, a US Shareholder who sells Common
    Shares in the Offer (or a Compulsory Acquisition) generally will
    recognize a capital gain or loss for US&#160;federal income tax
    purposes equal to the difference, if any, between the amount of
    cash received (other than amounts, if any, received in a
    Compulsory Acquisition that are or are deemed to be interest for
    US federal income tax purposes, which will be treated as
    ordinary income) and the US Shareholder&#146;s adjusted tax
    basis in the Common Shares sold in the Offer (or a Compulsory
    Acquisition). In general, capital gains recognized by an
    individual, estate or trust will be subject to a maximum US
    federal income tax rate of 15% if the Common Shares were held
    for more than one year.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If Barrick is unable to effect a Compulsory Acquisition or if
    Barrick elects not to proceed with a Compulsory Acquisition,
    then Barrick may propose a Subsequent Acquisition Transaction as
    described in Section&#160;15 of the Circular, &#147;Acquisition
    of Common Shares Not Deposited&#148;. The US federal income tax
    consequences resulting therefrom would depend upon the manner in
    which the transaction is carried out. Generally, if a US
    Shareholder receives cash in exchange for Common Shares, it is
    expected that the US federal income tax consequences to the
    US&#160;Shareholder will be substantially similar to the
    consequences described above. However, there can be no assurance
    that the US federal income tax consequences of a Subsequent
    Acquisition Transaction will not be materially different from
    the consequences
</DIV>

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    <BR>
    46
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<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    described above. US Shareholders should consult their own income
    tax advisors with respect to the income tax consequences to them
    of having their Common Shares acquired pursuant to a Subsequent
    Acquisition Transaction. This summary does not describe the tax
    consequences of any such transaction to a US Shareholder.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    When a US Shareholder who is a cash-basis taxpayer receives
    foreign currency, such as Canadian dollars, in connection with
    the Offer (or a Compulsory Acquisition), the amount realized
    will be based on the US dollar value of the foreign currency
    received, as determined on the settlement date of such sale or
    other taxable disposition.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If a US Shareholder is an accrual-basis taxpayer, the US
    Shareholder may elect the same treatment required of cash-basis
    taxpayers with respect to the foreign currency received in the
    Offer (or a Compulsory Acquisition), provided the election is
    applied consistently from year to year. The election may not be
    changed without the consent of the IRS. If a US Shareholder is
    an accrual-basis taxpayer, receives foreign currency and does
    not elect to be treated as a cash-basis taxpayer for this
    purpose, the US Shareholder will have a taxable gain or loss on
    the Common Shares calculated on the basis of the US&#160;dollar
    value of the foreign currency on the date of the sale in the
    Offer (or Compulsory Acquisition) and might have a foreign
    currency gain or loss for US federal income tax purposes. Any
    foreign currency gain or loss will be equal to any difference
    between the US dollar value of any foreign currency received on
    the date of the sale in the Offer (or in a Compulsory
    Acquisition) and on the date of payment, if these dates are
    considered to be different for US tax purposes. Any currency
    gain or loss generally will be treated as US source ordinary
    income or loss and would be in addition to the gain or loss, if
    any, recognized in the Offer (or in a Compulsory Acquisition).
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Foreign
    Tax Credits for Canadian Taxes Paid or Withheld</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    A US Shareholder that pays (directly or through withholding)
    Canadian income taxes in connection with the Offer (or a
    Compulsory Acquisition) may be entitled to claim a deduction or
    credit for US federal income tax purposes, subject to a number
    of complex rules and limitations. Gain on the disposition of
    Common Shares generally will be US source gain for foreign tax
    credit purposes, unless the gain is subject to tax in Canada and
    resourced as foreign source gain under the provisions of the US
    Treaty. US Shareholders should consult their own tax advisors
    regarding the foreign tax credit implications of disposing of
    Common Shares in the Offer (or a Compulsory Acquisition).
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Passive
    Foreign Investment Companies</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Based on our review of Arizona Star&#146;s current structure,
    income and assets, we have not been able to determine whether
    Arizona Star is a passive foreign investment company (a
    &#147;<B>PFIC</B>&#148;). PFIC status is a factual determination
    made on an annual basis, and, could change if the composition of
    Arizona Star&#146;s income or assets were to change. In general,
    Arizona Star would be a PFIC if, for any taxable year, 75% or
    more of its gross income constituted &#147;passive income&#148;
    or 50% or more of its assets produced, or were held for the
    production of, passive income. If Arizona Star is or has been a
    PFIC at any time during a US Shareholder&#146;s holding period.
    In general, any gain recognized by the US Shareholder as a
    result of his or her participation in the Offer (or a Compulsory
    Acquisition) will be treated as ordinary income and is subject
    to special tax rules. Under these special tax rules,
    (a)&#160;the amount of any gain recognized in the Offer (or a
    Compulsory Acquisition) is allocated ratably over the US
    Shareholder&#146;s holding period for his or her Common Shares,
    (b)&#160;the amount of ordinary income allocated to years prior
    to the year when the gain is recognized is subject to
    US&#160;federal income tax at the highest statutory rate
    applicable to the US Shareholder for each prior year (determined
    without regard to other income, losses or deductions of the US
    Shareholder for these years), and (c)&#160;the tax due with
    respect to the gain allocated to prior years is subject to an
    interest charge, computed at the rate applicable to
    underpayments of tax. Different rules apply if Arizona Star is
    or has been a PFIC and the US&#160;Shareholder made certain
    elections with respect to its stock in Arizona Star.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    US Shareholders are strongly urged to consult their own advisors
    as to the status of Arizona Star as a PFIC under US&#160;tax
    rules and the potential impact of this status on the tax
    consequences to them of participating in the Offer (or a
    Compulsory Acquisition).
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><I><FONT style="font-family: 'Times New Roman', Times">Information
    Reporting and Backup Withholding</FONT></I></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Payments in respect of Common Shares may be subjected to
    information reporting to the IRS. In addition, a
    US&#160;Shareholder (other than certain exempt holders
    including, among others, corporations) may be subject to backup
    withholding at a 28% rate on cash payments received in
    connection with the Offer (or a Compulsory Acquisition).
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Backup withholding will not apply, however, to a US Shareholder
    who furnishes a correct taxpayer identification number and
    certifies as to no loss of exemption from backup withholding and
    otherwise complies with the applicable
</DIV>

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    <BR>
    47
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<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    requirements of the backup withholding rules. Backup withholding
    is not an additional tax. Rather, any amount withheld under the
    backup withholding rules will be creditable or refundable
    against the US Shareholder&#146;s US federal income tax
    liability, provided the required information is furnished to the
    IRS.
</DIV>


<!-- link1 "21.Acceptance of the Offer" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">21.&#160;</FONT></B>
</TD>
    <TD>
    <A name='137'></A><B><FONT style="font-family: 'Times New Roman', Times">Acceptance
    of the Offer</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Barrick has no knowledge regarding whether any Shareholders will
    accept the Offer, other than the
    <FONT style="white-space: nowrap">Locked-Up</FONT>
    Shareholders, who have agreed to accept the Offer pursuant to
    the <FONT style="white-space: nowrap">Lock-Up</FONT>
    Agreement.
</DIV>


<!-- link1 "22.Depositary" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">22.&#160;</FONT></B>
</TD>
    <TD>
    <A name='138'></A><B><FONT style="font-family: 'Times New Roman', Times">Depositary</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Barrick has engaged Kingsdale Shareholder Services Inc. as the
    Depositary under the Offer. In such capacity, the Depositary
    will receive deposits of certificates representing Common Shares
    and accompanying Letters of Transmittal deposited under the
    Offer at its office in Toronto, Ontario specified in the Letter
    of Transmittal. In addition, the Depositary will receive
    deposits of Notices of Guaranteed Delivery at its office in
    Toronto, Ontario specified in the Notice of Guaranteed Delivery.
    The Depositary will also be responsible for giving certain
    notices, if required, and for making payment for all Common
    Shares purchased by Barrick under the Offer. The Depositary will
    also facilitate book-entry transfers of Common Shares. The
    Depositary will receive reasonable and customary compensation
    from Barrick for its services in connection with the Offer, will
    be reimbursed for certain out-of-pocket expenses and will be
    indemnified against certain liabilities, including liabilities
    under securities laws and expenses in connection therewith.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Shareholders will not be required to pay any fee or commission
    if they accept the Offer by depositing their Common Shares
    directly with the Depositary. <B>However, an investment advisor,
    stockbroker, bank, trust company or other nominee through whom a
    Shareholder owns Common Shares may charge a fee to tender Common
    Shares on behalf of the Shareholder. Shareholders should consult
    their investment advisor, stockbroker, bank, trust company or
    other nominee, as applicable, to determine whether any charges
    will apply.</B>
</DIV>


<!-- link1 "23.Information Agent" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">23.&#160;</FONT></B>
</TD>
    <TD>
    <A name='139'></A><B><FONT style="font-family: 'Times New Roman', Times">Information
    Agent</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Barrick has retained Kingsdale Shareholder Services Inc. to act
    as Information Agent in connection with the Offer. The
    Information Agent will receive reasonable and customary
    compensation from Barrick for services in connection with the
    Offer and will be reimbursed for certain out-of-pocket expenses.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Except as set out herein, Barrick has not agreed to pay any fees
    or commissions to any stockbroker, dealer or other person for
    soliciting tenders of Common Shares under the Offer; provided
    that Barrick may make other arrangements with information agents
    for customary compensation during the Offer period if it
    considers it appropriate to do so.
</DIV>


<!-- link1 "24.Legal Matters" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">24.&#160;</FONT></B>
</TD>
    <TD>
    <A name='140'></A><B><FONT style="font-family: 'Times New Roman', Times">Legal
    Matters</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Certain legal matters on behalf of Barrick will be passed upon
    by, and the opinions contained under &#147;Certain Canadian
    Federal Income Tax Considerations&#148; and &#147;Certain United
    States Federal Income Tax Considerations&#148; have been
    provided by, Davies Ward Phillips&#160;&#038; Vineberg LLP,
    Toronto, Canada, Canadian counsel to Barrick. In addition,
    Davies Ward Phillips&#160;&#038; Vineberg LLP, New York, New
    York, has acted as US tax counsel to Barrick in connection with
    the Offer. Barrick is also being advised in respect of certain
    matters concerning the Offer by Cravath, Swaine&#160;&#038;
    Moore LLP, New York, New York, United States counsel to Barrick.
</DIV>


<!-- link1 "25.Statutory Rights" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">25.&#160;</FONT></B>
</TD>
    <TD>
    <A name='141'></A><B><FONT style="font-family: 'Times New Roman', Times">Statutory
    Rights</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Securities legislation in certain of the provinces and
    territories of Canada provides Shareholders with, in addition to
    any other rights they may have at law, rights of rescission or
    rights to damages, or both, if there is a misrepresentation in a
    circular or a notice that is required to be delivered to the
    Shareholders. However, such rights must be exercised within
    prescribed time limits. Shareholders should refer to the
    applicable provisions of the securities legislation of their
    province or territory for particulars of those rights or consult
    with a lawyer.
</DIV>


<!-- link1 "26.Directors&#146; Approval" -->


<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">26.&#160;</FONT></B>
</TD>
    <TD>
    <A name='142'></A><B><FONT style="font-family: 'Times New Roman', Times">Directors&#146;
    Approval</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The contents of the Offer and Circular have been approved, and
    the sending of the Offer and Circular to the Shareholders has
    been authorized, by the Board of Directors of Barrick.
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    48
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->


<!-- link1 "CONSENT OF COUNSEL" -->


<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <A name='143'></A><B><FONT style="font-family: 'Times New Roman', Times">CONSENT
    OF COUNSEL</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    TO:&#160;The Directors of Barrick Gold Corporation
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    We hereby consent to the reference to our name and opinions
    contained under &#147;Certain Canadian Federal Income Tax
    Considerations&#148; and &#147;Certain United States Federal
    Income Tax Considerations&#148; in the Circular accompanying the
    Offer dated November&#160;9, 2007 made by Barrick Gold
    Corporation to the holders of Common Shares of Arizona Star
    Resource Corp.
</DIV>

<DIV style="margin-top: 48pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
<!-- Table Width Row -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="50%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="48%">&nbsp;</TD>	<!-- colindex=02 type=maindata -->
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    Toronto, Ontario and New York, New York
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD align="right" valign="bottom">
    (signed) <FONT style="font-variant: SMALL-CAPS">Davies Ward
    Phillips&#160;&#038; Vineberg LLP</FONT>
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    November&#160;9, 2007
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    49
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->


<!-- link1 "APPROVAL AND CERTIFICATE" -->


<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <A name='144'></A><B><FONT style="font-family: 'Times New Roman', Times">APPROVAL
    AND CERTIFICATE</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The contents of the Offer and the Circular have been approved,
    and the sending, communication or delivery thereof to the
    Shareholders of Arizona Star Resource Corp. has been authorized,
    by the Board of Directors of Barrick Gold Corporation.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The foregoing contains no untrue statement of a material fact
    and does not omit to state a material fact that is required to
    be stated or that is necessary to make a statement not
    misleading in the light of the circumstances in which it was
    made. In addition, the foregoing does not contain any
    misrepresentation likely to affect the value or the market price
    of the Common Shares which are the subject of the Offer.
</DIV>

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    DATED: November&#160;9, 2007
</DIV>

<DIV style="margin-top: 48pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
<!-- Table Width Row -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="50%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="48%">&nbsp;</TD>	<!-- colindex=02 type=maindata -->
</TR>
<TR valign="bottom">
<TD align="center" valign="top">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    (signed) <FONT style="font-variant: SMALL-CAPS">Gregory C.
    Wilkins<BR>
    </FONT>President and Chief Executive Officer
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD align="center" valign="top">
    (signed) <FONT style="font-variant: SMALL-CAPS">Jamie C.
    Sokalsky<BR>
    </FONT>Executive Vice President and<BR>
    Chief Financial Officer
</TD>
</TR>
<TR valign="bottom" style="line-height: 48pt">
<TD colspan="3">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="3" align="center" valign="top">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    <B>On behalf of the Board of Directors</B>
</DIV>
</TD>
</TR>
<TR valign="bottom" style="line-height: 48pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="center" valign="top">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    (signed) <FONT style="font-variant: SMALL-CAPS">Peter Munk<BR>
    </FONT>Director
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD align="center" valign="top">
    (signed) <FONT style="font-variant: SMALL-CAPS">C. William D.
    Birchall<BR>
    </FONT>Director
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    50
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">SCHEDULE&#160;A</FONT></B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>
<!-- link1 "SECTION 300 OF THE BCBCA" -->

    <A name='145'></A>SECTION&#160;300 OF THE BCBCA</B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The exact terms and procedures of the rights of dissent
    available to Shareholders will depend on the structure of the
    Subsequent Acquisition Transaction and will be fully described
    in the proxy circular or other disclosure document provided to
    Shareholders in connection with the Subsequent Acquisition
    Transaction.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <I><FONT style="font-family: 'Times New Roman', Times">Business
    Corporations
    Act</FONT></I><FONT style="font-family: 'Times New Roman', Times">
    (British Columbia)
    </FONT>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Acquisition procedures&#160;&#151; s. 300(1)
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    300. (1)&#160;In this section:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 4%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;acquiring person&#148; means a person who, under a scheme
    or contract, makes an acquisition offer, and includes 2 or more
    persons who, directly or indirectly,
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (a)&#160;
</TD>
    <TD align="left">
    make an acquisition offer jointly or in concert,&#160;or
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (b)&#160;
</TD>
    <TD align="left">
    intend to exercise jointly or in concert voting rights attached
    to shares for which an acquisition offer is made;
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 4%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;acquisition offer&#148; means an offer made by an
    acquiring person to acquire shares, or any class of shares, of a
    company;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 4%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;offeree&#148;, in respect of an acquisition offer, means a
    shareholder to whom the acquisition offer is made;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 4%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#147;subject company&#148; means the company, shares or any
    class of shares of which are the subject of an acquisition offer.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>    (2)&#160;</TD>
    <TD align="left">
    For the purposes of this section,
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (a)&#160;
</TD>
    <TD align="left">
    every acquisition offer for shares of more than one class of
    shares is deemed to be a separate acquisition offer for shares
    of each class of shares,&#160;and
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (b)&#160;
</TD>
    <TD align="left">
    each acquisition offer is accepted if, within 4&#160;months
    after the making of the offer, the offer is accepted regarding
    the shares, or regarding each class of shares involved, by
    shareholders who, in the aggregate, hold at least
    <FONT style="vertical-align: top; font-size: 70&#37;">9</FONT>/<FONT style="font-size: 70&#37;">10</FONT>
    of those shares or of the shares of that class of shares, other
    than shares already held at the date of the offer by, or by a
    nominee for, the acquiring person or its affiliate.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>    (3)&#160;
</TD>
    <TD align="left">    If an acquisition offer is accepted within the meaning of
    subsection (2)(b), the acquiring person may, within
    5&#160;months after making the offer, send written notice to any
    offeree who did not accept the offer, that the acquiring person
    wants to acquire the shares of that offeree that were involved
    in the offer.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>    (4)&#160;
</TD>
    <TD align="left">    If a notice is sent to an offeree under subsection (3), the
    acquiring person is entitled and bound to acquire all of the
    shares of that offeree that were involved in the offer for the
    same price and on the same terms contained in the acquisition
    offer unless the court orders otherwise on an application made
    by that offeree within 2&#160;months after the date of the
    notice.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>    (5)&#160;
</TD>
    <TD align="left">    On the application of an offeree under subsection (4), the court
    may
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (a)&#160;
</TD>
    <TD align="left">
    set the price and terms of payment,&#160;and
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (b)&#160;
</TD>
    <TD align="left">
    make consequential orders and give directions the court
    considers appropriate.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>    (6)&#160;</TD>
    <TD align="left">
    If a notice has been sent by an acquiring person under
    subsection&#160;(3) and the court has not ordered otherwise
    under subsection (4), the acquiring person must, no earlier than
    2&#160;months after the date of the notice, or, if an
    application to the court by the offeree to whom the notice was
    sent is then pending, at any time after that application has
    been disposed of,
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (a)&#160;
</TD>
    <TD align="left">
    send a copy of the notice to the subject company,&#160;and
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (b)&#160;
</TD>
    <TD align="left">
    pay or transfer to the subject company the amount or other
    consideration representing the price payable by the acquiring
    person for the shares that are referred to in the notice.
</TD>
</TR>

</TABLE>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    51
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>    (7)&#160;
</TD>
    <TD align="left">    On receiving the copy of the notice and the amount or other
    consideration referred to in subsection (6), the subject company
    must register the acquiring person as a shareholder with respect
    to those shares.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>    (8)&#160;
</TD>
    <TD align="left">    Any amount received by the subject company under this section
    must be paid into a separate account at a savings institution
    and, together with any other consideration so received, must be
    held by the subject company, or by a trustee approved by the
    court, in trust for the persons entitled to that sum.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>    (9)&#160;
</TD>
    <TD align="left">    If the acquiring person has not, within one month after becoming
    entitled to do so, sent the notice referred to in subsection
    (3), the acquiring person must send a written notice to each
    offeree referred to in subsection&#160;(3) stating that the
    offeree, within 3&#160;months after receiving the notice, may
    require the acquiring person to acquire the shares of that
    offeree that were involved in the acquisition offer.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>    (10)&#160;</TD>
    <TD align="left">
    If an offeree requires the acquiring person to acquire the
    offeree&#146;s shares in accordance with subsection (9), the
    acquiring person must acquire those shares for the same price
    and on the same terms contained in the acquisition offer.
</TD>
</TR>

</TABLE>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    52
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">The
    Depositary and Information Agent for the Offer is:</FONT></B>
</DIV>

<DIV style="margin-top: 48pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <IMG src="o38371o3819001.gif" alt="" ><B> </B>
</DIV>

<DIV style="margin-top: 48pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>Kingsdale Shareholder Services Inc.</B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>The Exchange Tower</B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>130 King Street West</B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>Suite&#160;2950, P.O. Box 361</B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>Toronto, Ontario</B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>M5X 1E2</B>
</DIV>

<DIV style="margin-top: 42pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>North American Toll Free Number:</B>
</DIV>

<DIV style="margin-top: 24pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><FONT style="font-size: 14pt">1-866-879-7650</FONT></B>
</DIV>

<DIV style="margin-top: 42pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Facsimile: 416-867-2271
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Toll Free Facsimile: 1-866-545-5580
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    contactus@kingsdaleshareholder.com
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Outside North America, Banks and Brokers Call Collect:
    416-867-2272
</DIV>
<DIV style="margin-top: 6pt; font-size: 1pt">
&nbsp;
</DIV>
<DIV style="margin-top: 6pt; font-size: 1pt">
&nbsp;
</DIV>
<DIV style="margin-top: 6pt; font-size: 1pt">
&nbsp;
</DIV>
<DIV style="margin-top: 6pt; font-size: 1pt">
&nbsp;
</DIV>
<DIV style="margin-top: 6pt; font-size: 1pt">
&nbsp;
</DIV>
<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV><DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV><DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV><DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV><B>Any
    questions and requests for assistance may be directed by holders
    of Common Shares</B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>to the Depositary or the Information Agent at the telephone
    numbers and location</B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>set out above. Shareholders may also contact their broker,
    dealer, commercial bank,</B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>trust company or other nominee for assistance concerning the
    Offer.</B>
</DIV>

<P align="left" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><I>THE INSTRUCTIONS ACCOMPANYING THIS LETTER OF TRANSMITTAL
    SHOULD BE READ CAREFULLY BEFORE THIS LETTER OF TRANSMITTAL IS
    COMPLETED. THIS LETTER OF TRANSMITTAL IS FOR USE IN ACCEPTING
    THE OFFER BY BARRICK GOLD CORPORATION TO PURCHASE ALL
    OUTSTANDING COMMON SHARES (INCLUDING THE ASSOCIATED RIGHTS
    ISSUED UNDER THE SHAREHOLDER RIGHTS PLAN) OF ARIZONA STAR
    RESOURCE CORP.</I></B>
</DIV>

<DIV style="margin-top: 15pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 16pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">LETTER OF
    TRANSMITTAL</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><FONT style="font-size: 14pt">for Deposit of Common
    Shares</FONT></B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><FONT style="font-size: 14pt">(and associated rights issued
    under the Shareholder Rights Plan)</FONT></B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><FONT style="font-size: 14pt">of</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><FONT style="font-size: 16pt">ARIZONA STAR RESOURCE
    CORP.</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><FONT style="font-size: 14pt">under the Offer dated
    November&#160;9, 2007 made by</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><FONT style="font-size: 16pt">BARRICK GOLD
    CORPORATION</FONT></B>
</DIV>

<DIV style="margin-top: 24pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-top: 1px solid #000000; padding-top: 12pt; border-right: 1px solid #000000; padding-right: 12pt; border-bottom: 1px solid #000000; padding-bottom: 12pt; border-left: 1px solid #000000; padding-left: 12pt"><!-- Begin box 1 -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>USE THIS LETTER OF TRANSMITTAL IF:</B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="2%"></TD>
    <TD width="98%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>    <B>1.&#160;</B>
</TD>
    <TD align="left">    <B>YOU ARE DEPOSITING COMMON SHARE CERTIFICATE(S); OR</B>
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>    <B>2.&#160;</B>
</TD>
    <TD align="left">    <B>YOU ARE FOLLOWING PROCEDURES FOR BOOK-ENTRY TRANSFER WITH DTC
    AND DO NOT HAVE AN AGENT&#146;S MESSAGE; OR</B>
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>    <B>3.&#160;</B>
</TD>
    <TD align="left">    <B>YOU PREVIOUSLY DEPOSITED PURSUANT TO A NOTICE OF GUARANTEED
    DELIVERY.</B>
</TD>
</TR>

</TABLE>
</DIV><!-- End box 1 -->

<DIV style="margin-top: 42pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-top: 1px solid #000000; padding-top: 12pt; border-right: 1px solid #000000; padding-right: 12pt; border-bottom: 1px solid #000000; padding-bottom: 12pt; border-left: 1px solid #000000; padding-left: 12pt"><!-- Begin box 1 -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>THE OFFER WILL BE OPEN FOR ACCEPTANCE UNTIL 8:00&#160;P.M.
    (TORONTO TIME) ON</B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>DECEMBER 18, 2007, UNLESS THE OFFER IS EXTENDED OR
    WITHDRAWN.</B>
</DIV>
</DIV><!-- End box 1 -->

<DIV style="margin-top: 24pt; font-size: 1pt">&nbsp;</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    This Letter of Transmittal (the &#147;<B>Letter of
    Transmittal</B>&#148;) or a manually executed facsimile thereof,
    properly completed and executed, together with all other
    required documents, must accompany share certificates and rights
    certificates, if applicable, representing common shares of
    Arizona Star Resource Corp. (&#147;<B>Arizona Star</B>&#148;)
    and the associated rights issued under the shareholder rights
    plan of Arizona Star (the &#147;<B>SRP Rights</B>&#148;, and a
    common share of Arizona Star together with the associated SRP
    Right, a &#147;<B>Common Share</B>&#148;) deposited under the
    offer dated November&#160;9, 2007 (the &#147;<B>Offer</B>&#148;)
    made by Barrick Gold Corporation (&#147;<B>Barrick</B>&#148;) to
    purchase all of the issued and outstanding Common Shares,
    including Common Shares that may become issued and outstanding
    after the date of the Offer but before the Expiry Time of the
    Offer upon the conversion, exchange or exercise of options or
    other securities of Arizona Star that are convertible into or
    exchangeable or exercisable for Common Shares, at a price of
    Cdn.$18.00 cash per Common Share, and must be received by
    Kingsdale Shareholder Services Inc. (the
    &#147;<B>Depositary</B>&#148;) prior to the Expiry Time at its
    Toronto, Ontario office listed below.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Holders of Common Shares (the &#147;<B>Shareholders</B>&#148;)
    can also accept the Offer by following the procedures for
    book-entry transfer set forth in Section&#160;3 of the Offer,
    &#147;Manner of Acceptance&#160;&#151; Acceptance by Book-Entry
    Transfer&#148;. A Shareholder accepting the Offer by following
    the procedures for book-entry transfer does not need to use this
    Letter of Transmittal unless such Shareholder is following the
    procedures for book-entry transfer with DTC and does not have an
    accompanying Agent&#146;s Message. Shareholders who utilize CDSX
    to accept the Offer through a book-entry transfer will be deemed
    to have completed and submitted a Letter of Transmittal and be
    bound by the terms hereof.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Shareholders whose certificates are not immediately available or
    who cannot deliver their certificates and all other required
    documents to the Depositary at or prior to the Expiry Time must
    deposit their Common Shares according to the
</DIV>

<P align="left" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    guaranteed delivery procedure set out in Section&#160;3 of the
    Offer, &#147;Manner of Acceptance&#160;&#151; Procedure for
    Guaranteed Delivery&#148; by using the accompanying Notice of
    Guaranteed Delivery. See&#160;Instruction&#160;2 herein,
    &#147;Procedure for Guaranteed Delivery&#148;.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The terms and conditions of the Offer are incorporated by
    reference in this Letter of Transmittal. Certain terms used but
    not defined in this Letter of Transmittal which are defined in
    the Glossary to the Offer and Circular have the respective
    meanings ascribed thereto in such Glossary. All references to
    &#147;$&#148;, &#147;Cdn.$&#148; and &#147;dollars&#148; in this
    Letter of Transmittal refer to Canadian dollars, except where
    otherwise indicated.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>Questions and requests for assistance in completing this
    Letter of Transmittal may be directed to the Information Agent
    or the Depositary. The contact details for the Information Agent
    and Depositary are provided at the end of this document.
    Shareholders whose Common Shares are registered in the name of
    an investment advisor, stockbroker, bank, trust company or other
    nominee should immediately contact that nominee for assistance
    if they wish to accept the Offer in order to take the necessary
    steps to be able to deposit such Common Shares under
    the&#160;Offer.</B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>DELIVERY OF THIS LETTER OF TRANSMITTAL TO AN ADDRESS OTHER
    THAN THE ADDRESS OF THE DEPOSITARY SET FORTH BELOW WILL NOT
    CONSTITUTE A VALID DELIVERY TO THE DEPOSITARY. YOU MUST SIGN
    THIS LETTER OF TRANSMITTAL IN THE APPROPRIATE SPACE PROVIDED
    BELOW AND IF YOU ARE A US SHAREHOLDER, YOU MUST ALSO COMPLETE
    THE SUBSTITUTE FORM
    <FONT style="white-space: nowrap">W-9</FONT> SET
    FORTH BELOW (SEE INSTRUCTION 8, &#147;SUBSTITUTE FORM
    <FONT style="white-space: nowrap">W-9</FONT> FOR US
    SHAREHOLDERS ONLY&#148;). IF YOU HAVE A US ADDRESS, BUT ARE NOT
    A US SHAREHOLDER, PLEASE SEE INSTRUCTION 8.</B>
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    2
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><I>Please read carefully the Instructions set forth below
    before completing this Letter of Transmittal.</I></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="9%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>    <B>TO:&#160;&#160;&#160;&#160;&#160;</B></TD>
    <TD align="left">
    <B>BARRICK GOLD CORPORATION</B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="9%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>    <B>AND&#160;TO:&#160;</B></TD>
    <TD align="left">
    <B>KINGSDALE SHAREHOLDER SERVICES INC., as Depositary, at its
    office set out herein</B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The undersigned delivers to you the enclosed certificate(s)
    representing Common Shares, including SRP Rights, deposited
    under the Offer. Subject only to the provisions of the Offer
    regarding withdrawal, the undersigned irrevocably accepts the
    Offer for such Common Shares upon the terms and conditions
    contained in the Offer. Unless waived by Barrick, holders of
    Common Shares are required to deposit one SRP Right for each
    common share of Arizona Star in order to effect a valid deposit
    of such Common Shares or, if available, a Book-Entry
    Confirmation must be received by the Depositary with respect
    thereto. The undersigned understands that by depositing Common
    Shares to the Offer, the undersigned will be deemed to have
    deposited the SRP Rights associated with such Common Shares. No
    additional payment will be made for the SRP Rights and no amount
    of the consideration to be paid by Barrick for the Common Shares
    will be allocated to the SRP Rights. The following are the
    details of the enclosed certificate(s):
</DIV>

<DIV style="margin-top: 9pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
<!-- Table Width Row -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="32%">&nbsp;</TD>         <!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>  <!-- colindex=02 type=gutterleft -->
    <TD width="1%">&nbsp;</TD>  <!-- colindex=02 type=gutterright -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=02 type=lead -->
    <TD width="23%" align="right">&nbsp;</TD>   <!-- colindex=02 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=02 type=hang1 -->
    <TD width="1%">&nbsp;</TD>  <!-- colindex=03 type=gutterleft -->
    <TD width="1%">&nbsp;</TD>  <!-- colindex=03 type=gutterright -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=03 type=lead -->
    <TD width="18%" align="right">&nbsp;</TD>   <!-- colindex=03 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=03 type=hang1 -->
    <TD width="1%">&nbsp;</TD>  <!-- colindex=04 type=gutterleft -->
    <TD width="1%">&nbsp;</TD>  <!-- colindex=04 type=gutterright -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=04 type=lead -->
    <TD width="15%" align="right">&nbsp;</TD>   <!-- colindex=04 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=04 type=hang1 -->
</TR>
<TR style="font-size: 10pt" valign="bottom" align="center">
<TD colspan="15" align="center" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
    <B>Box&#160;1</B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD colspan="15" align="center" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
    <B><FONT style="font-size: 10pt">ARIZONA STAR COMMON
    SHARES*</FONT></B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD colspan="15" align="center" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
    <B>(Please print or type. If space is insufficient, please
    attach a list to this Letter of Transmittal in the below
    form.)</B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-top: 1px solid #000000">
    <B>Name(s) in which Registered<BR>
    </B>
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-top: 1px solid #000000">
    <B>Number of Common<BR>
    </B>
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
    <B>Certificate Number(s)<BR>
    </B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>(please print and fill in exactly as<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Shares Represented<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Number of Common<BR>
    </B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
    <B>(if available)</B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>name(s) appear(s) on certificate(s))</B>
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>by Certificate</B>
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>&#160;&#160;Shares Deposited*&#160;</B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    <B>TOTAL:</B>
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>

<TR valign="bottom" style="font-size: 0pt">
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>

<TR style="font-size: 10pt" valign="bottom" align="center">
<TD colspan="15" align="center" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
    &nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>

<TR style="font-size: 8pt" valign="bottom" align="center">
<TD colspan="15" align="center" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
    <B><FONT style="font-size: 10pt">SRP RIGHTS**</FONT></B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD colspan="15" align="center" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
    <B>(Please print or type. If space is insufficient, please
    attach a list to this Letter of Transmittal in the below
    form.)</B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD colspan="15" align="center" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
    <B>(To be completed if necessary.)</B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
    <B>Certificate Number(s)<BR>
    </B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-top: 1px solid #000000">
    <B>Name(s) in which Registered<BR>
    </B>
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-top: 1px solid #000000">
    <B>Number of SRP Rights<BR>
    </B>
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-top: 1px solid #000000">
    <B>Number of SRP<BR>
    </B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
    <B>(if available)</B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>(please print)</B>
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Represented by Certificate</B>
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>&#160;&#160;Rights Deposited**</B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    <B>TOTAL:</B>
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="16" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-left: 1px solid #000000; padding-left: 2pt">
<DIV style="text-indent: -12pt; margin-left: 12pt">
    <FONT style="font-size: 8pt">*&#160;&#160;Unless otherwise
    indicated, the total number of Common Shares and SRP Rights
    evidenced by all certificates delivered will be deemed to have
    been deposited. See Instruction&#160;7 of this Letter of
    Transmittal, &#147;Partial Deposits&#148;.
    </FONT>
</DIV>
</TD>
</TR>
<TR valign="bottom">
<TD colspan="16" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-left: 1px solid #000000; padding-left: 2pt">
<DIV style="text-indent: -12pt; margin-left: 12pt">
    <FONT style="font-size: 8pt">**&#160;The following procedures
    must be followed in order to effect the valid delivery of
    certificates representing SRP Rights (&#147;<B>Rights
    Certificates</B>&#148;): (a)&#160;if the Separation Time under
    the Shareholder Rights Plan has not occurred prior to the Expiry
    Time and Rights Certificates have not been distributed by
    Arizona Star, a deposit of Common Shares by the undersigned will
    also constitute a deposit of the associated SRP Rights;
    (b)&#160;if the Separation Time occurs before the Expiry Time
    and Rights Certificates have been distributed by Arizona Star
    and received by the undersigned prior to the time the
    undersigned deposits Common Shares pursuant to the Offer, Rights
    Certificate(s) representing SRP Rights equal in number to the
    number of Common Shares deposited must be delivered with the
    certificates representing the common shares; and (c)&#160;if the
    Separation Time occurs before the Expiry Time and Rights
    Certificates are not distributed by the time the undersigned
    deposits its common shares under the Offer, the undersigned may
    deposit its SRP Rights before receiving Rights Certificate(s) by
    using the guaranteed delivery procedure described below. Note
    that in any case, a deposit of Common Shares constitutes an
    agreement by the undersigned to deliver Rights Certificate(s)
    representing SRP Rights equal in number to the number of
    deposited Common Shares to the Depositary, on or before the
    third trading day on the TSX Venture Exchange (the
    &#147;<B>TSXV</B>&#148;) after the date, if any, that Rights
    Certificates are distributed. Barrick reserves the right to
    require, if the Separation Time occurs before the Expiry Time,
    that the Depositary receive from the undersigned, prior to
    taking up the Common Shares for payment pursuant to the Offer,
    Rights Certificate(s) from the undersigned representing SRP
    Rights equal in number to the Common Shares deposited by the
    undersigned.
    </FONT>
</DIV>
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    3
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The undersigned acknowledges receipt of the Offer and the
    accompanying Circular and acknowledges that there will&#160;be a
    binding agreement between the undersigned and Barrick, effective
    immediately following the time at which Barrick takes up Common
    Shares deposited by the undersigned pursuant to this Letter of
    Transmittal, in accordance with the terms and conditions of the
    Offer. The undersigned represents and warrants that (a)&#160;the
    undersigned has full power and authority to deposit, sell,
    assign and transfer the Common Shares covered by this Letter of
    Transmittal delivered to the Depositary (the &#147;<B>Deposited
    Common Shares</B>&#148;) and all rights and benefits arising
    from such Deposited Common Shares including, without limitation,
    any and all dividends, distributions, payments, securities,
    property or other interests (including the SRP Rights) which may
    be declared, paid, accrued, issued, distributed, made or
    transferred on or in respect&#160;of the Deposited Common Shares
    or any of them on and after the date of the Offer, including any
    dividends, distributions or payments on such dividends,
    distributions, payments, securities, property or other interests
    (collectively, &#147;<B>Distributions</B>&#148;), (b)&#160;the
    undersigned or the person on whose behalf a book-entry is made
    owns the Deposited Common Shares and any Distributions deposited
    under the Offer, (c)&#160;the Deposited Common Shares and
    Distributions have not been sold, assigned or transferred, nor
    has any agreement been entered into to sell, assign or transfer
    any of the Deposited Common Shares or Distributions, to any
    other person, (d)&#160;the deposit of the Deposited Common
    Shares and Distributions complies with applicable Laws, and
    (e)&#160;when the Deposited Common Shares and Distributions are
    taken up and paid for by Barrick, Barrick will acquire good
    title thereto (and to any Distributions), free and clear of all
    liens, restrictions, charges, encumbrances, claims and rights of
    others.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>IN CONSIDERATION OF THE OFFER AND FOR VALUE RECEIVED,</B>
    upon the terms and subject to the conditions set forth in the
    Offer and in this Letter of Transmittal, subject only to the
    withdrawal rights set out in the Offer, the undersigned
    irrevocably accepts the Offer for and in respect of the
    Deposited Common Shares and (unless deposit is made pursuant to
    the procedure for book-entry transfer set forth in
    Section&#160;3 of the Offer, &#147;Manner of
    Acceptance&#160;&#151; Book Entry Transfer&#148;) delivers to
    Barrick the enclosed Common Share certificate(s) and Rights
    Certificate(s), if applicable, representing the Deposited Common
    Shares and, on and subject to the terms and conditions of the
    Offer, deposits, sells, assigns and transfers to Barrick all
    right, title and interest in and to the Deposited Common Shares,
    and in and to all rights and benefits arising from the Deposited
    Common Shares including the SRP Rights, whether or not separated
    from the Common Shares, and any and all Distributions.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If, on or after the date of the Offer, Arizona Star should
    divide, combine, reclassify, consolidate, convert or otherwise
    change any of the Common Shares or its capitalization, or
    disclose that it has taken or intends to take any such action,
    the undersigned agrees that Barrick may, in its sole discretion
    and without prejudice to its rights under &#147;Conditions of
    the Offer&#148; in Section&#160;4 of the Offer, make such
    adjustments as it considers appropriate to the purchase price
    and other terms of the Offer (including, without limitation, the
    type of securities offered to be purchased and the amount
    payable therefor) to reflect such division, combination,
    reclassification, consolidation, conversion or other change.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Common Shares and any Distributions acquired pursuant to the
    Offer shall be transferred by the Shareholder and acquired by
    Barrick free and clear of all liens, restrictions, charges,
    encumbrances, claims and equities and together with all rights
    and benefits arising therefrom, including without limitation,
    the right to any and all dividends, distributions, payments,
    securities, property, rights (including SRP Rights), assets or
    other interests which may be accrued, declared, paid, issued,
    distributed, made or transferred on or after the date of the
    Offer on or in respect of the Common Shares. If, on or after the
    date of the Offer, Arizona Star should declare, set aside or pay
    any dividend or declare, make or pay any other distribution or
    payment on or declare, allot, reserve or issue any securities,
    rights or other interests with respect to any Common Share,
    which is or are payable or distributable to Shareholders on a
    record date prior to the date of transfer into the name of
    Barrick or its nominee or transferee on the securities registers
    maintained by or on behalf of Arizona Star in respect of Common
    Shares accepted for purchase under the Offer, then (and without
    prejudice to its rights under &#147;Conditions of the
    Offer&#148; in Section&#160;4 of the Offer): (a)&#160;in the
    case of cash dividends, distributions or payments, the amount of
    dividends, distributions or payments shall be received and held
    by the depositing Shareholders for the account of Barrick until
    Barrick pays for such Common Shares, and to the extent that such
    dividends, distributions or payments do not exceed the cash
    purchase price per Common Share payable by Barrick pursuant to
    the Offer, the cash purchase price per Common Share, as the case
    may be, pursuant to the Offer will be reduced by the amount of
    any such dividend, distribution or payment; (b)&#160;in the case
    of non-cash dividends, distributions, payments, securities,
    property, rights, assets or other interests, the whole of any
    such non-cash dividends, distributions, payments, securities,
    property, rights, assets or other interests shall be received
    and held by the depositing Shareholders for the account of
    Barrick and shall be required to be promptly remitted and
    transferred by the depositing Shareholders to the Depositary for
    the account of Barrick, accompanied by appropriate documentation
    of transfer; and (c)&#160;in the case of any cash dividends,
    distributions or
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    4
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    payments in an aggregate amount that exceeds the cash purchase
    price per Common Share payable by Barrick pursuant to the Offer,
    the whole of any such cash dividend, distribution or payment
    shall be received and held by the depositing Shareholders for
    the account of Barrick and shall be required to be promptly
    remitted and transferred by the depositing Shareholders to the
    Depositary for the account of Barrick, accompanied by
    appropriate documentation of transfer. Pending such remittance,
    Barrick will be entitled to all rights and privileges as the
    owner of any such dividend, distribution, payment, securities,
    property, rights, assets or other interests and may withhold the
    entire purchase price payable by Barrick under the Offer or
    deduct from the consideration payable by Barrick under the Offer
    the amount or value thereof, as determined by Barrick in its
    sole discretion.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If the Separation Time does not occur before the Expiry Time, a
    deposit of Common Shares will also constitute a deposit of the
    associated SRP Rights. If the Separation Time occurs before the
    Expiry Time and Rights Certificates are distributed by Arizona
    Star to Shareholders prior to the time that the undersigned
    deposits Common Shares pursuant to the Offer, in order for the
    Common Shares to be validly deposited, Rights Certificate(s)
    representing SRP Rights equal in number to the number of Common
    Shares deposited must be delivered to the Depositary. If the
    Separation Time occurs before the Expiry Time and Rights
    Certificates are not distributed prior to the Expiry Time, the
    undersigned may deposit its SRP Rights before receiving Rights
    Certificate(s) by using the guaranteed delivery procedure set
    forth in the Offer and the Notice of Guaranteed Delivery. In any
    case, a deposit of Common Shares constitutes an agreement by the
    signatory to deliver Rights Certificate(s) representing SRP
    Rights equal in number to the number of Common Shares deposited
    pursuant to the Offer to the Depositary on or before the third
    trading day on the TSXV after the date, if any, that Rights
    Certificate(s) are distributed to Shareholders. Barrick reserves
    the right to require, if the Separation Time occurs before the
    Expiry Time, that the Depositary receive from the undersigned
    prior to taking up the Common Shares for payment pursuant to the
    Offer, Rights Certificate(s) representing SRP Rights equal in
    number to the Common Shares deposited by the undersigned.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The undersigned irrevocably constitutes and appoints, effective
    at and after the time (the &#147;<B>Effective Time</B>&#148;)
    that Barrick takes up the Deposited Common Shares, each director
    or officer of Barrick, and any other person designated by
    Barrick in writing, as the true and lawful agent, attorney,
    attorney-in-fact and proxy of the holder of the Common Shares
    covered by this Letter of Transmittal or book-entry transfer
    (which Common Shares upon being taken up are, together with any
    Distributions thereon, hereinafter referred to as the
    &#147;<B>Purchased Securities</B>&#148;) with respect to such
    Purchased Securities, with full power of substitution (such
    powers of attorney, being coupled with an interest, being
    irrevocable), in the name of and on behalf of such Shareholder:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (a)&#160;
</TD>
    <TD align="left">
    to register or record the transfer and/or cancellation of such
    Purchased Securities to the extent consisting of securities on
    the appropriate securities registers maintained by or on behalf
    of Arizona Star;
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (b)&#160;
</TD>
    <TD align="left">
    for so long as any such Purchased Securities are registered or
    recorded in the name of such Shareholder, to exercise any and
    all rights of such Shareholder including, without limitation,
    the right to vote, to execute and deliver (provided the same is
    not contrary to applicable Laws), as and when requested by
    Barrick, any and all instruments of proxy, authorizations or
    consents in form and on terms satisfactory to Barrick in respect
    of any or all Purchased Securities, to revoke any such
    instruments, authorizations or consents given prior to or after
    the Effective Time, and to designate in any such instruments,
    authorizations or consents any person or persons as the
    proxyholder of such Shareholder in respect of such Purchased
    Securities for all purposes including, without limitation, in
    connection with any meeting or meetings (whether annual, special
    or otherwise, or any adjournments thereof, including, without
    limitation, any meeting to consider a Subsequent Acquisition
    Transaction) of holders of relevant securities of Arizona Star;
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (c)&#160;
</TD>
    <TD align="left">
    to execute, endorse and negotiate, for and in the name of and on
    behalf of such Shareholder, any and all cheques or other
    instruments representing any Distributions payable to or to the
    order of, or endorsed in favour of such Shareholder; and
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (d)&#160;
</TD>
    <TD align="left">
    to exercise any other rights of a Shareholder with respect to
    such Purchased Securities.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The undersigned accepts the Offer under the terms of this Letter
    of Transmittal (including book-entry transfer) and revokes any
    and all other authority, whether as agent, attorney-in-fact,
    attorney, proxy or otherwise, previously conferred or agreed to
    be conferred by such Shareholder at any time with respect to the
    Deposited Common Shares or any Distributions. The undersigned
    agrees that no subsequent authority, whether as agent,
    attorney-in-fact, attorney, proxy or otherwise will be granted
    with respect to the Deposited Common Shares or any Distributions
    by or on behalf of the
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    5
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    depositing Shareholder unless the Deposited Common Shares are
    not taken up and paid for under the Offer or are withdrawn in
    accordance with Section&#160;8 of the Offer, &#147;Withdrawal of
    Deposited Common Shares&#148;.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The undersigned also agrees not to vote any of the Purchased
    Securities at any meeting (whether annual, special or otherwise
    or any adjournments thereof, including, without limitation, any
    meeting to consider a Subsequent Acquisition Transaction) of
    holders of relevant securities of Arizona Star and, except as
    may otherwise be agreed with Barrick, not to exercise any of the
    other rights or privileges attached to the Purchased Securities,
    and agrees to execute and deliver to Barrick any and all
    instruments of proxy, authorizations or consents in respect of
    all or any of the Purchased Securities, and agrees to designate
    or appoint in any such instruments of proxy, authorizations or
    consents, the person or persons specified by Barrick as the
    proxy of the holder of the Purchased Securities. <B>Upon such
    appointment, all prior proxies and other authorizations
    (including, without limitation, all appointments of any agent,
    attorney or attorney-in-fact) or consents given by the holder of
    such Purchased Securities with respect thereto will be revoked
    and no subsequent proxies or other authorizations or consents
    may be given by such person with respect thereto.</B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The undersigned covenants to execute, upon request of Barrick,
    any additional documents, transfers and other assurances as may
    be necessary or desirable to complete the sale, assignment and
    transfer of the Purchased Securities to Barrick. Each authority
    herein conferred or agreed to be conferred is, to the extent
    permitted by applicable Laws, irrevocable and may be exercised
    during any subsequent legal incapacity of the undersigned and
    shall, to the extent permitted by applicable Laws, survive the
    death or incapacity, bankruptcy or insolvency of the undersigned
    and all obligations of the undersigned herein shall be binding
    upon the heirs, executors, administrators, attorneys, personal
    representatives, successors and assigns of the undersigned.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The Depositary will act as the agent of persons who have
    deposited Common Shares in acceptance of the Offer for the
    purposes of receiving payment from Barrick and transmitting such
    payment to such persons, and receipt of payment by the
    Depositary will be deemed to constitute receipt of payment by
    persons depositing Common Shares.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>All amounts payable under the Offer will be paid in Canadian
    dollars.</B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Settlement with each Shareholder who has deposited (and not
    withdrawn) Common Shares under the Offer will be made by the
    Depositary issuing or causing to be issued a cheque (except for
    payments in excess of $25&#160;million, which will be made by
    wire transfer (as described below)), payable in Canadian funds
    in the amount to which the person depositing Common Shares is
    entitled. Unless otherwise directed in this Letter of
    Transmittal, the cheque will be issued in the name of the
    registered holder of the Common Shares so deposited. Unless the
    person depositing the Common Shares instructs the Depositary to
    hold the cheque for pick-up by checking the appropriate box
    (Block D)&#160;in this Letter of Transmittal, the cheque will be
    forwarded by first class mail to such person at the address
    specified in this Letter of Transmittal. If no such address is
    specified, the cheque will be sent to the address of the
    registered holder as shown on the securities registers
    maintained by or on behalf of Arizona Star. Cheques mailed in
    accordance with this paragraph will be deemed to be delivered at
    the time of mailing. Pursuant to applicable Laws, Barrick may,
    in certain circumstances, be required to make withholdings from
    the amount otherwise payable to a Shareholder. The undersigned
    further understands and acknowledges that under no circumstances
    will interest accrue or any amount be paid by Barrick or the
    Depositary by reason of any delay in making payments for Common
    Shares to any person on account of Common Shares accepted for
    payment under the Offer.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Pursuant to the rules of the Canadian Payments Association, a
    $25&#160;million ceiling has been established on cheques, bank
    drafts and other paper-based payments processed through
    Canada&#146;s clearing system. As a result, any payment to the
    undersigned in excess of $25&#160;million will be effected by
    the Depositary by wire transfer in accordance with the Large
    Value Transfer System Rules established by the Canadian Payments
    Association. Accordingly, settlement with the undersigned
    involving a payment in excess of $25&#160;million, if
    applicable, will be made only in accordance with wire transfer
    instructions provided by the undersigned to the Depositary in
    writing. In the event wire transfer instructions are required as
    set out above, the Depositary will contact the undersigned
    promptly following the Expiry Time for purposes of obtaining
    wire transfer instructions. Any delay in payment by the
    Depositary resulting from the provision by the undersigned of
    wire transfer instructions will not entitle the undersigned to
    interest or other compensation in addition to the amounts to
    which the undersigned is entitled pursuant to the Offer.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Any deposited Common Shares that are not taken up and paid for
    by Barrick pursuant to the terms and conditions of the Offer for
    any reason will be returned, at Barrick&#146;s expense, to the
    depositing Shareholder as soon as practicable after the Expiry
    Time or withdrawal or termination of the Offer, by either
    (a)&#160;sending certificates representing the Common
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    6
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Shares not purchased by first class insured mail to the address
    of the depositing Shareholder specified in this Letter of
    Transmittal or, if such name or address is not so specified, in
    such name and to such address as shown on the securities
    registers maintained by or on behalf of Arizona Star, or
    (b)&#160;in the case of Common Shares deposited by book-entry
    transfer of such Common Shares pursuant to the procedures set
    out in Section&#160;3 of the Offer, &#147;Manner of
    Acceptance&#160;&#151; Acceptance by Book-Entry Transfer&#148;,
    such Common Shares will be credited to the depositing
    holder&#146;s account maintained with CDS or DTC, as applicable.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>Shareholders will not be required to pay any fee or
    commission if they accept the Offer by depositing their Common
    Shares directly with the Depositary.</B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    By reason of the use by the undersigned of an English language
    form of Letter of Transmittal, the undersigned shall be deemed
    to have required that any contract evidenced by the Offer as
    accepted through this Letter of Transmittal, as well as all
    documents related thereto, be drawn exclusively in the English
    language. <I>En raison de l&#146;usage d&#146;une lettre
    d&#146;envoi en langue anglaise par le soussign&#233;, le
    soussign&#233; et les destinataires sont pr&#233;sum&#233;s
    avoir requis que tout contrat attest&#233; par l&#146;offre et
    son acceptation par cette lettre d&#146;envoi, de m&#234;me que
    tous les documents qui s&#146;y rapportent, soient
    r&#233;dig&#233;s exclusivement en langue anglaise.</I>
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    7
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">SHAREHOLDER
    INFORMATION AND INSTRUCTIONS</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><I>Before signing this Letter of Transmittal, please review
    carefully and complete the following boxes, as
    appropriate.</I></B>
</DIV>

<DIV style="margin-top: 15pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">


</DIV>
<DIV style="width: 100%; border-top: 1px solid #000000; padding-top: 12pt; border-right: 1px solid #000000; padding-right: 12pt; border-bottom: 1px solid #000000; padding-bottom: 12pt; border-left: 1px solid #000000; padding-left: 12pt"><!-- Begin box 1 -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>BLOCK A</B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>REGISTRATION AND</B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>PAYMENT INSTRUCTIONS</B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    ISSUE CHEQUE IN THE NAME OF:
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <I>(please print or type)</I>
</DIV>

<DIV style="margin-top: 21pt; font-size: 1pt">&nbsp;</DIV>

<CENTER style="font-size: 1pt; width: 100%; border-bottom: 1pt solid #000000"></CENTER><!-- callerid=999 iwidth=480 length=0 -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    (Name)
</DIV>

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<CENTER style="font-size: 1pt; width: 100%; border-bottom: 1pt solid #000000"></CENTER><!-- callerid=999 iwidth=480 length=0 -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    (Street Address and Number)
</DIV>

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<CENTER style="font-size: 1pt; width: 100%; border-bottom: 1pt solid #000000"></CENTER><!-- callerid=999 iwidth=480 length=0 -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    (City and Province or State)
</DIV>

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<CENTER style="font-size: 1pt; width: 100%; border-bottom: 1pt solid #000000"></CENTER><!-- callerid=999 iwidth=480 length=0 -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    (Country and Postal (Zip) Code)
</DIV>

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<CENTER style="font-size: 1pt; width: 100%; border-bottom: 1pt solid #000000"></CENTER><!-- callerid=999 iwidth=480 length=0 -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    (Telephone&#160;&#151; Business Hours)
</DIV>

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<CENTER style="font-size: 1pt; width: 100%; border-bottom: 1pt solid #000000"></CENTER><!-- callerid=999 iwidth=480 length=0 -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    (Tax Identification, Social Insurance or
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Social Security Number)
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

</DIV>
</DIV><!-- End box 1 -->

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">


</DIV>
<DIV style="width: 100%; border-top: 1px solid #000000; padding-top: 12pt; border-right: 1px solid #000000; padding-right: 12pt; border-bottom: 1px solid #000000; padding-bottom: 12pt; border-left: 1px solid #000000; padding-left: 12pt"><!-- Begin box 1 -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>BLOCK B</B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>DELIVERY INSTRUCTIONS</B>
</DIV>

<DIV style="margin-top: 4pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    SEND CHEQUE
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    (unless Block &#147;D&#148; is checked) TO:
</DIV>

<DIV style="margin-top: 4pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><FONT style="font-family: Wingdings; font-variant: normal">&#111;</FONT></B>
    Same as address in Block &#147;A&#148; or to:
</DIV>

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<CENTER style="font-size: 1pt; width: 100%; border-bottom: 1pt solid #000000"></CENTER><!-- callerid=999 iwidth=480 length=0 -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    (Name)
</DIV>

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<CENTER style="font-size: 1pt; width: 100%; border-bottom: 1pt solid #000000"></CENTER><!-- callerid=999 iwidth=480 length=0 -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    (Street Address and Number)
</DIV>

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<CENTER style="font-size: 1pt; width: 100%; border-bottom: 1pt solid #000000"></CENTER><!-- callerid=999 iwidth=480 length=0 -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    (City and Province or State)
</DIV>

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<CENTER style="font-size: 1pt; width: 100%; border-bottom: 1pt solid #000000"></CENTER><!-- callerid=999 iwidth=480 length=0 -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    (Country and Postal (Zip) Code)
</DIV>

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<CENTER style="font-size: 1pt; width: 100%; border-bottom: 1pt solid #000000"></CENTER><!-- callerid=999 iwidth=480 length=0 -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    (Telephone&#160;&#151; Business Hours)
</DIV>

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<CENTER style="font-size: 1pt; width: 100%; border-bottom: 1pt solid #000000"></CENTER><!-- callerid=999 iwidth=480 length=0 -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    (Tax Identification, Social Insurance or
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Social Security Number)
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="1%"></TD>
    <TD width="99%"></TD>
</TR>

<TR valign="top" style="font-size: 8pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>    *&#160;</TD>
    <TD align="left">
    The delivery instructions given in this Block B will also be
    used to return certificate(s) representing Common Shares if
    required for any reason.
</TD>
</TR>

</TABLE>

<DIV align="center" style="margin-left: 1%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

</DIV>
</DIV><!-- End box 1 -->

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="margin-top: 24pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">


</DIV>
<DIV style="width: 100%; border-top: 1px solid #000000; padding-top: 12pt; border-right: 1px solid #000000; padding-right: 12pt; border-bottom: 1px solid #000000; padding-bottom: 12pt; border-left: 1px solid #000000; padding-left: 12pt"><!-- Begin box 1 -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>BLOCK C</B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>TAXPAYER IDENTIFICATION NUMBER</B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    US residents or citizens must provide their
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Taxpayer Identification Number
</DIV>

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<CENTER style="font-size: 1pt; width: 100%; border-bottom: 1pt solid #000000"></CENTER><!-- callerid=999 iwidth=480 length=0 -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    (Taxpayer Identification Number)
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If you are a US Shareholder or are acting on behalf of a US
    Shareholder, in order to avoid backup withholding you must
    complete the Substitute
    <FONT style="white-space: nowrap">Form&#160;W-9,</FONT>
    included below, or otherwise provide certification that you are
    exempt from backup withholding. If you are not a US Shareholder,
    but have a US address, you must provide a completed US Internal
    Revenue Service
    <FONT style="white-space: nowrap">Form&#160;W-8</FONT>
    in order to avoid backup withholding. See Instruction&#160;8,
    &#147;Substitute
    <FONT style="white-space: nowrap">Form&#160;W-9</FONT>
    for US Shareholders Only&#148; for further details.
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

</DIV>
</DIV><!-- End box 1 -->

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">


</DIV>
<DIV style="width: 100%; border-top: 1px solid #000000; padding-top: 12pt; border-right: 1px solid #000000; padding-right: 12pt; border-bottom: 1px solid #000000; padding-bottom: 12pt; border-left: 1px solid #000000; padding-left: 12pt"><!-- Begin box 1 -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>BLOCK D</B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>SPECIAL PICK-UP INSTRUCTIONS</B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="3%"></TD>
    <TD width="97%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>    <B><FONT style="font-family: Wingdings; font-variant: normal">&#111;</FONT></B>&#160;&#160;</TD>
    <TD align="left">
    HOLD CHEQUE FOR PICK-UP AT THE OFFICES OF THE DEPOSITARY WHERE
    THIS LETTER OF TRANSMITTAL IS DEPOSITED (check box)
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 148pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

</DIV>
</DIV><!-- End box 1 -->

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    8
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN LOGICAL PAGE -->

<DIV style="margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">


</DIV>
<DIV style="width: 100%; border-top: 1px solid #000000; padding-top: 12pt; border-right: 1px solid #000000; padding-right: 12pt; border-bottom: 1px solid #000000; padding-bottom: 12pt; border-left: 1px solid #000000; padding-left: 12pt"><!-- Begin box 1 -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>BLOCK E</B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>DEPOSIT PURSUANT TO NOTICE OF GUARANTEED DELIVERY</B>
</DIV>

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="3%"></TD>
    <TD width="97%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>    <B><FONT style="font-family: Wingdings; font-variant: normal">&#111;</FONT></B>&#160;&#160;</TD>
    <TD align="left">
    CHECK HERE IF COMMON SHARES ARE BEING DEPOSITED PURSUANT TO A
    NOTICE OF GUARANTEED DELIVERY PREVIOUSLY SENT TO THE TORONTO,
    ONTARIO OFFICE OF THE DEPOSITARY AND COMPLETE THE FOLLOWING:
    (please print or type)
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="25%"></TD>
    <TD width="75%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>    Name of Registered Holder&#160;</TD>
    <TD valign="bottom" align="left">
    <DIV style="font-size: 0pt; margin-left: 0%; width: 100%; align: left; border-bottom: 1pt solid #000000"></DIV><!-- callerid=125 iwidth=341 length=0 -->
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 9pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="38%"></TD>
    <TD width="62%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>    Date of Execution of Guaranteed Delivery&#160;</TD>
    <TD valign="bottom" align="left">
    <DIV style="font-size: 0pt; margin-left: 0%; width: 100%; align: left; border-bottom: 1pt solid #000000"></DIV><!-- callerid=125 iwidth=280 length=0 -->
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 9pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="29%"></TD>
    <TD width="71%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>    Window Ticket Number (if any)&#160;</TD>
    <TD valign="bottom" align="left">
    <DIV style="font-size: 0pt; margin-left: 0%; width: 100%; align: left; border-bottom: 1pt solid #000000"></DIV><!-- callerid=125 iwidth=321 length=0 -->
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 9pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="43%"></TD>
    <TD width="57%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>    Name of Institution which Guaranteed Delivery&#160;</TD>
    <TD valign="bottom" align="left">
    <DIV style="font-size: 0pt; margin-left: 0%; width: 100%; align: left; border-bottom: 1pt solid #000000"></DIV><!-- callerid=125 iwidth=258 length=0 -->
</TD>
</TR>

</TABLE>
</DIV><!-- End box 1 -->

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">SHAREHOLDER
    SIGNATURE</FONT></B>
</DIV>

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-top: 1px solid #000000; padding-top: 6pt; border-right: 1px solid #000000; padding-right: 6pt; border-bottom: 1px solid #000000; padding-bottom: 6pt; border-left: 1px solid #000000; padding-left: 6pt"><!-- Begin box 1 -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>By signing below, the Shareholder expressly agrees to the
    terms and conditions set forth above.</B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
<!-- Table Width Row -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="48%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="5%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="47%">&nbsp;</TD>	<!-- colindex=02 type=maindata -->
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
    Signature guaranteed by<BR>
    (if required under Instruction&#160;4):
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    Dated:&#160;<FONT style="word-spacing: 200pt; white-space: nowrap; font-size: 1pt"><U>&#173;
    &#173;</U></FONT><!-- callerid=208 iwidth=222 length=0 -->
</TD>
</TR>
<TR valign="bottom" style="line-height: 24pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="center" valign="top">
    <CENTER style="font-size: 1pt; width: 100%; border-bottom: 1pt solid #000000"></CENTER><!-- callerid=208 iwidth=222 length=0 --><B><FONT style="font-size: 8pt">Authorized
    Signature of Guarantor</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD align="center" valign="top">
    <CENTER style="font-size: 1pt; width: 100%; border-bottom: 1pt solid #000000"></CENTER><!-- callerid=208 iwidth=222 length=0 --><B><FONT style="font-size: 8pt">Signature
    of Shareholder or Authorized Representative<BR>
    (see Instructions 3, 4 and&#160;5)</FONT></B>
</TD>
</TR>
<TR valign="bottom" style="line-height: 18pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="center" valign="top">
    <CENTER style="font-size: 1pt; width: 100%; border-bottom: 1pt solid #000000"></CENTER><!-- callerid=208 iwidth=222 length=0 --><B><FONT style="font-size: 8pt">Name
    of Guarantor (please print or type)</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD align="center" valign="top">
    <CENTER style="font-size: 1pt; width: 100%; border-bottom: 1pt solid #000000"></CENTER><!-- callerid=208 iwidth=222 length=0 --><B><FONT style="font-size: 8pt">Name
    of Shareholder or Authorized Representative<BR>
    (please print or type)</FONT></B>
</TD>
</TR>
<TR valign="bottom" style="line-height: 18pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="center" valign="top">
    <CENTER style="font-size: 1pt; width: 100%; border-bottom: 1pt solid #000000"></CENTER><!-- callerid=208 iwidth=222 length=0 --><B><FONT style="font-size: 8pt">Address
    of Guarantor (please print or type)</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD align="center" valign="top">
    <CENTER style="font-size: 1pt; width: 100%; border-bottom: 1pt solid #000000"></CENTER><!-- callerid=208 iwidth=222 length=0 --><B><FONT style="font-size: 8pt">Daytime
    telephone number and facsimile number of<BR>
    Shareholder or Authorized Representative</FONT></B>
</TD>
</TR>
<TR valign="bottom" style="line-height: 18pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD align="center" valign="top">
    <CENTER style="font-size: 1pt; width: 100%; border-bottom: 1pt solid #000000"></CENTER><!-- callerid=208 iwidth=222 length=0 --><B><FONT style="font-size: 8pt">Tax
    Identification, Social Insurance or<BR>
    Social Security Number</FONT></B>
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

</DIV>
</DIV><!-- End box 1 -->

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    9
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">SUBSTITUTE
    FORM
    <FONT style="white-space: nowrap">W-9</FONT></FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">TO BE
    COMPLETED BY US SHAREHOLDERS ONLY</FONT></B>
</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
<!-- Table Width Row -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="26%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=02 type=gutterleft -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=02 type=gutterright -->
    <TD width="40%">&nbsp;</TD>	<!-- colindex=02 type=maindata -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=03 type=gutterleft -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=03 type=gutterright -->
    <TD width="30%">&nbsp;</TD>	<!-- colindex=03 type=maindata -->
</TR>
<TR valign="bottom">
<TD align="center" valign="top" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
<DIV style="text-indent: -0pt; margin-left: 0pt;">
<B><FONT style="font-size: 8pt">SUBSTITUTE<BR>FORM </FONT><FONT style="font-size: 16pt"><FONT style="white-space: nowrap">W-9</FONT><!-- WS --><BR></FONT>Request for<BR>Taxpayer Identification<BR>Number and Certification</B>
</DIV>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD align="left" valign="top" style="border-top: 1px solid #000000">
    <B>Part&#160;1</B>&#151; Taxpayer Identification Number
    (&#147;TIN&#148;)&#160;&#151; ENTER YOUR TIN IN THE BOX AT
    RIGHT. (For most individuals, this is your social security
    number. If you do not have a TIN, see &#147;Obtaining a
    Number&#148; in the Guidelines included in this form.) CERTIFY
    BY SIGNING AND DATING BELOW.<BR>
    <B>Note:</B>&#160;If the account is in more than one name, see
    the chart in the enclosed Guidelines to determine which number
    to give the requester.
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD align="center" valign="top" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
<DIV style="text-indent: -0pt; margin-left: 0pt;">
<BR><CENTER style="font-size: 1pt; width: 100%; border-bottom: 1pt solid #000000"></CENTER><!-- callerid=208 iwidth=144 length=0 -->Social Security Number(s)<BR>(If awaiting TIN, write &#147;Applied For&#148;)<BR><BR><B>OR<BR><BR><CENTER style="font-size: 1pt; width: 100%; border-bottom: 1pt solid #000000"></CENTER><!-- callerid=208 iwidth=144 length=0 -->Employer Identification Number(s)<BR>(If awaiting
TIN, write &#147;Applied For&#148;)</B>
</DIV>
</TD>
</TR>
<TR style="font-size: 1pt">
<TD nowrap align="center" valign="top" style="border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="top" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="center" valign="top" style="border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="4" valign="top" style="border-right: 1px solid #000000; padding-right: 2pt">
    <B>Part&#160;2</B>&#160;&#151; For payees exempt from backup
    withholding, please write &#147;exempt&#148; here (see
    Instruction&#160;8):
</TD>
</TR>
<TR style="font-size: 1pt">
<TD nowrap align="center" valign="top" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="top" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="line-height: 6pt">
<TD colspan="7" style="border-right: 1px solid #000000; padding-right: 2pt; border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="7" valign="top" style="border-right: 1px solid #000000; padding-right: 2pt; border-left: 1px solid #000000; padding-left: 2pt">
<DIV style="text-indent: -24pt; margin-left: 24pt">
    Name&#160;<BR>
    <DIV style="font-size: 0pt; margin-left: 0%; width: 100%; align: left; border-bottom: 1pt solid #000000"></DIV><!-- callerid=201 iwidth=467 length=0 -->
</DIV>
</TD>
</TR>
<TR valign="bottom" style="line-height: 6pt">
<TD style="border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="center" valign="top" style="border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top" style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD nowrap align="center" valign="top" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="top" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="line-height: 6pt">
<TD colspan="7" style="border-right: 1px solid #000000; padding-right: 2pt; border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="7" valign="top" style="border-right: 1px solid #000000; padding-right: 2pt; border-left: 1px solid #000000; padding-left: 2pt">
<DIV style="text-indent: -59pt; margin-left: 59pt">
    Business Name&#160;<BR>
    <DIV style="font-size: 0pt; margin-left: 0%; width: 100%; align: left; border-bottom: 1pt solid #000000"></DIV><!-- callerid=201 iwidth=467 length=0 -->
</DIV>
</TD>
</TR>
<TR valign="bottom" style="line-height: 6pt">
<TD style="border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="center" valign="top" style="border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top" style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD nowrap align="center" valign="top" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="top" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="7" valign="top" style="border-right: 1px solid #000000; padding-right: 2pt; border-left: 1px solid #000000; padding-left: 2pt">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Please check appropriate box:
</DIV>
</TD>
</TR>
<TR valign="bottom" style="line-height: 6pt">
<TD colspan="7" style="border-right: 1px solid #000000; padding-right: 2pt; border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="7" valign="top" style="border-right: 1px solid #000000; padding-right: 2pt; border-left: 1px solid #000000; padding-left: 2pt">
    <FONT style="font-family: Wingdings; font-variant: normal">&#111;</FONT>&#160;Individual/Sole
    Proprietor&#160;&#160;<FONT style="font-family: Wingdings; font-variant: normal">&#111;</FONT>&#160;Corporation&#160;&#160;<FONT style="font-family: Wingdings; font-variant: normal">&#111;</FONT>&#160;Partnership&#160;&#160;<FONT style="font-family: Wingdings; font-variant: normal">&#111;</FONT>&#160;Limited
    liability company (Enter the tax classification:
    D&#160;=&#160;disregarded entity; C = corporation; P =
    partnership)
    <FONT style="word-spacing: 100pt; white-space: nowrap; font-size: 1pt"><U>&#173;
    &#173;</U></FONT><!-- callerid=201 iwidth=467 length=48 -->&#160;&#160;<FONT style="font-family: Wingdings; font-variant: normal">&#111;</FONT>&#160;Other
</TD>
</TR>
<TR valign="bottom" style="line-height: 12pt">
<TD colspan="7" style="border-right: 1px solid #000000; padding-right: 2pt; border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="7" valign="top" style="border-right: 1px solid #000000; padding-right: 2pt; border-left: 1px solid #000000; padding-left: 2pt">
<DIV style="text-indent: -32pt; margin-left: 32pt">
    Address&#160;<BR>
    <DIV style="font-size: 0pt; margin-left: 0%; width: 100%; align: left; border-bottom: 1pt solid #000000"></DIV><!-- callerid=201 iwidth=467 length=0 -->
</DIV>
</TD>
</TR>
<TR valign="bottom" style="line-height: 12pt">
<TD colspan="7" style="border-right: 1px solid #000000; padding-right: 2pt; border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="7" valign="top" style="border-right: 1px solid #000000; padding-right: 2pt; border-left: 1px solid #000000; padding-left: 2pt">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    City&#160;<FONT style="word-spacing: 120pt; white-space: nowrap; font-size: 1pt"><U>&#173;
    &#173;</U></FONT><!-- callerid=201 iwidth=467 length=0 -->&#160;&#160;State&#160;<FONT style="word-spacing: 120pt; white-space: nowrap; font-size: 1pt"><U>&#173;
    &#173;</U></FONT><!-- callerid=201 iwidth=467 length=0 -->&#160;&#160;Zip
    Code&#160;<FONT style="word-spacing: 120pt; white-space: nowrap; font-size: 1pt"><U>&#173;
    &#173;</U></FONT><!-- callerid=201 iwidth=467 length=0 -->
</DIV>
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="center" valign="top" style="border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top" style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD nowrap align="center" valign="top" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="top" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="7" valign="top" style="border-right: 1px solid #000000; padding-right: 2pt; border-left: 1px solid #000000; padding-left: 2pt">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    <B>Part&#160;3&#160;</B>&#151; <B>Certification&#160;</B>&#151;
    Under penalties of perjury, I certify that:
</DIV>
</TD>
</TR>
<TR valign="bottom" style="line-height: 6pt">
<TD colspan="7" style="border-right: 1px solid #000000; padding-right: 2pt; border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="7" valign="top" style="border-right: 1px solid #000000; padding-right: 2pt; border-left: 1px solid #000000; padding-left: 2pt">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    (1)&#160;The number shown on this form is my correct TIN (or I
    am waiting for a TIN to be issued to me); and
</DIV>
</TD>
</TR>
<TR valign="bottom">
<TD colspan="7" valign="top" style="border-right: 1px solid #000000; padding-right: 2pt; border-left: 1px solid #000000; padding-left: 2pt">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    (2)&#160;I am a US person (including a US resident alien).
</DIV>
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="center" valign="top" style="border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top" style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD nowrap align="center" valign="top" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="top" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="7" valign="top" style="border-right: 1px solid #000000; padding-right: 2pt; border-left: 1px solid #000000; padding-left: 2pt">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Signature of US
    person&#160;<FONT style="word-spacing: 100pt; white-space: nowrap; font-size: 1pt"><U>&#173;
    &#173;</U></FONT><!-- callerid=201 iwidth=467 length=0 -->&#160;&#160;Date&#160;<FONT style="word-spacing: 100pt; white-space: nowrap; font-size: 1pt"><U>&#173;
    &#173;</U></FONT><!-- callerid=201 iwidth=467 length=96 -->
</DIV>
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="1%"></TD>
    <TD width="6%"></TD>
    <TD width="91%"></TD>
    <TD width="2%"></TD>
</TR>

<TR valign="top" style="font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    <B>NOTE:&#160;</B>
</TD>
    <TD align="left">
    <B>FAILURE TO FURNISH YOUR CORRECT TIN MAY RESULT IN A $50
    PENALTY IMPOSED BY THE INTERNAL REVENUE SERVICE AND IN BACKUP
    WITHHOLDING OF 28% OF THE GROSS AMOUNT OF CONSIDERATION PAID TO
    YOU PURSUANT TO THE OFFER. FOR ADDITIONAL DETAILS, PLEASE REVIEW
    THE ENCLOSED &#147;GUIDELINES FOR CERTIFICATION OF TAXPAYER
    IDENTIFICATION NUMBER ON SUBSTITUTE FORM
    <FONT style="white-space: nowrap">W-9&#148;</FONT>
    THAT FOLLOW THE INSTRUCTIONS ACCOMPANYING THIS LETTER OF
    TRANSMITTAL.</B>
</TD>
    <TD>&nbsp;</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><FONT style="font-size: 9pt">YOU MUST COMPLETE THE FOLLOWING
    CERTIFICATE IF YOU WROTE</FONT></B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><FONT style="font-size: 9pt">&#147;APPLIED FOR&#148; IN
    PART&#160;1 OF SUBSTITUTE FORM
    <FONT style="white-space: nowrap">W-9.</FONT></FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-top: 1px solid #000000; padding-top: 6pt; border-right: 1px solid #000000; padding-right: 6pt; border-bottom: 1px solid #000000; padding-bottom: 6pt; border-left: 1px solid #000000; padding-left: 6pt"><!-- Begin box 1 -->



<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 9pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">CERTIFICATION
    OF AWAITING TAXPAYER IDENTIFICATION NUMBER</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    I certify under penalties of perjury that a taxpayer
    identification number has not been issued to me, and either
    (a)&#160;I have mailed or delivered an application to receive a
    taxpayer identification number to the appropriate IRS Center or
    Social Security Administration Office or (b)&#160;I intend to
    mail or deliver an application in the near future. I understand
    that if I do not provide a TIN by the time of payment, 28% of
    the gross proceeds of such payment made to me will be withheld.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Signature&#160;<FONT style="word-spacing: 100pt; white-space: nowrap; font-size: 1pt"><U>&#173;
    &#173;</U></FONT><!-- callerid=128 iwidth=468 length=0 -->&#160;&#160;Date&#160;<FONT style="word-spacing: 100pt; white-space: nowrap; font-size: 1pt"><U>&#173;
    &#173;</U></FONT><!-- callerid=128 iwidth=468 length=96 -->
</DIV>
</DIV><!-- End box 1 -->

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    10
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">INSTRUCTIONS</FONT></B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">1.&#160;&#160;&#160;Use
    of Letter of Transmittal</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (a)&#160;
</TD>
    <TD align="left">
    This Letter of Transmittal, or a manually executed facsimile
    thereof, properly completed and executed with the signature(s)
    guaranteed if required in Instruction&#160;4 below, together
    with accompanying certificate(s) representing the Deposited
    Common Shares (or, alternatively, Book-Entry Confirmation with
    respect thereto) and all other documents required by the terms
    of the Offer and this Letter of Transmittal must be actually
    physically received by the Depositary at its Toronto, Ontario
    office specified on the back of this Letter of Transmittal at or
    prior to 8:00&#160;p.m. (Toronto time) on December&#160;18,
    2007, the Expiry Time, unless the Offer is extended or withdrawn
    or unless the procedure for guaranteed delivery set out in
    Instruction&#160;2 below is used.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (b)&#160;
</TD>
    <TD align="left">
    <B>The method used to deliver this Letter of Transmittal, any
    accompanying certificate(s) representing Common Shares and all
    other required documents is at the option and risk of the
    Shareholder depositing these documents. Barrick recommends that
    these documents be delivered by hand to the Depositary and that
    a receipt be obtained or, if mailed, that registered mail, with
    return receipt requested, be used and that proper insurance be
    obtained. </B>It is suggested that any such mailing be made
    sufficiently in advance of the Expiry Time to permit delivery to
    the Depositary at or prior to the Expiry Time. Delivery will
    only be effective upon actual physical receipt by the Depositary.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (c)&#160;
</TD>
    <TD align="left">
    Shareholders whose Common Shares are registered in the name of
    an investment advisor, stockbroker, bank, trust company or other
    nominee should immediately contact such nominee for assistance
    in depositing their Common Shares.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">2.&#160;&#160;&#160;</FONT></B>
</TD>
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">Procedure
    for Guaranteed Delivery</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If a Shareholder wishes to deposit Common Shares under the Offer
    and either the certificate(s) representing the Common Shares are
    not immediately available or the certificate(s) and all other
    required documents cannot be delivered to the Depositary at or
    prior to the Expiry Time, those Common Shares may nevertheless
    be deposited under the Offer provided that all of the following
    conditions are met:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (a)&#160;
</TD>
    <TD align="left">
    the deposit is made by or through an Eligible Institution (as
    defined below);
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (b)&#160;
</TD>
    <TD align="left">
    a properly completed and executed Notice of Guaranteed Delivery
    (printed on PINK paper) in the form accompanying the Offer, or a
    manually executed facsimile thereof, including a guarantee to
    deliver by an Eligible Institution in the form set out in the
    Notice of Guaranteed Delivery, is received by the Depositary at
    or prior to the Expiry Time at its Toronto, Ontario office
    listed on the Notice of Guaranteed Delivery;
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (c)&#160;
</TD>
    <TD align="left">
    the certificate(s) representing all Deposited Common Shares,
    and, if the Separation Time has occurred before the Expiry Time
    and Rights Certificates have been distributed to Shareholders
    before the Expiry Time, the Rights Certificate(s) representing
    the deposited SRP Rights, together with a Letter of Transmittal
    (or a manually executed facsimile thereof), properly completed
    and executed as required by the Instructions set out in this
    Letter of Transmittal (including signature guarantee if so
    required by Instruction&#160;4 below) and all other documents
    required thereby, are received by the Depositary at its office
    in Toronto, Ontario listed in this Letter of Transmittal before
    5:00&#160;p.m. (Toronto time) on the third trading day on the
    TSXV after the Expiry Date;&#160;and
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (d)&#160;
</TD>
    <TD align="left">
    in the case of SRP Rights where the Separation Time has occurred
    before the Expiry Time but Rights Certificates have not been
    distributed to Shareholders before the Expiry Time, the Rights
    Certificate(s) representing the deposited SRP Rights, together
    with a Letter of Transmittal (or a manually executed facsimile
    thereof), properly completed and executed as required by the
    instructions set out in this Letter of Transmittal (including
    signature guarantee if required) and all other documents
    required thereby, are received by the Depositary at its office
    in Toronto, Ontario listed in this Letter of Transmittal before
    5:00&#160;p.m. (Toronto time) on the third trading day on the
    TSXV after Rights Certificates are distributed to Shareholders.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The Notice of Guaranteed Delivery must be delivered by hand or
    courier or transmitted by facsimile or mailed to the Depositary
    at its office in Toronto, Ontario listed on the Notice of
    Guaranteed Delivery and must include a guarantee by an Eligible
    Institution in the form set out in the Notice of Guaranteed
    Delivery. Delivery of the Notice of Guaranteed Delivery and the
    Letter of Transmittal and accompanying certificate(s)
    representing Common Shares and all other
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    11
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    required documents to any office other than the Toronto, Ontario
    office of the Depositary does not constitute delivery for
    purposes of satisfying a guaranteed delivery.
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    An &#147;<B>Eligible Institution</B>&#148; means a Canadian
    Schedule&#160;I chartered bank, a major trust company in Canada,
    a member of the Securities Transfer Association Medallion
    Program (STAMP), a member of the Stock Exchange Medallion
    Program (SEMP) or a member of the New&#160;York Stock Exchange
    Inc. Medallion Signature Program (MSP). Members of these
    programs are usually members of a recognized stock exchange in
    Canada or the United States, members of the Investment Dealers
    Association of Canada, members of the National Association of
    Securities Dealers, Inc. or banks and trust companies in the
    United States.
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">3.&#160;&#160;&#160;</FONT></B>
</TD>
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">Signatures</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    This Letter of Transmittal must be completed and executed by the
    Shareholder accepting the Offer described above or by such
    holder&#146;s duly authorized representative (in accordance with
    Instruction&#160;5).
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (a)&#160;
</TD>
    <TD align="left">
    If this Letter of Transmittal is signed by the registered
    holder(s) of the accompanying certificate(s), such signature(s)
    on this Letter of Transmittal must correspond exactly with the
    name(s) as registered or as written on the face of such
    certificate(s) without any change whatsoever, and the
    certificate(s) need not be endorsed. If such deposited
    certificate(s) are owned of record by two or more joint holders,
    all such holders must sign this Letter of Transmittal.
</TD>
</TR>


<TR style="line-height: 3pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (b)&#160;
</TD>
    <TD align="left">
    Notwithstanding Instruction&#160;3(a), if this Letter of
    Transmittal is executed by a person other than the registered
    holder(s) of the certificate(s) deposited herewith, or if the
    cheque(s) are to be issued or delivered to a person other than
    the registered holder(s), or if the certificate(s) representing
    Common Shares in respect of which the Offer is not being
    accepted are to be returned to a person other than such
    registered holder(s) or sent to an address other than the
    address of the registered holder(s) shown on the register of
    Shareholders maintained by or on behalf of Arizona Star:
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="9%"></TD>
    <TD width="5%"></TD>
    <TD width="86%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (i)&#160;
</TD>
    <TD align="left">
    the accompanying certificate(s) must be endorsed or be
    accompanied by an appropriate share transfer power of attorney,
    in either case, duly and properly completed by the registered
    holder(s); and
</TD>
</TR>


<TR style="line-height: 3pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (ii)&#160;
</TD>
    <TD align="left">
    the signature on the endorsement panel or share transfer power
    of attorney must correspond exactly to the name(s) of the
    registered holder(s) as registered or as written on the face of
    the certificate(s) and must be guaranteed by an Eligible
    Institution, as noted in Instruction&#160;4 below.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">4.&#160;&#160;&#160;</FONT></B>
</TD>
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">Guarantee
    of Signatures</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If this Letter of Transmittal is executed by a person other than
    the registered holder(s) of the Common Share certificate(s)
    deposited herewith, or if the cheque(s) are to be issued or
    delivered to a person other than the registered holder(s), or if
    the certificate(s) representing Common Shares in respect of
    which the Offer is not being accepted are to be returned to a
    person other than such registered holder(s), or sent to an
    address other than the address of the registered holder(s) as
    shown on the register of Shareholders maintained by or on behalf
    of Arizona Star, such signature(s) must be guaranteed by an
    Eligible Institution (except that no guarantee is required if
    the signature is that of an Eligible Institution).
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">5.&#160;&#160;&#160;</FONT></B>
</TD>
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">Fiduciaries,
    Representatives and Authorizations</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Where this Letter of Transmittal is executed by a person on
    behalf of an executor, administrator, trustee, guardian, or on
    behalf of a corporation, partnership or association or is
    executed by any other person acting in a representative
    capacity, such person should so indicate when signing and this
    Letter of Transmittal must be accompanied by satisfactory
    evidence of the authority to act. Either of Barrick or the
    Depositary, at its sole discretion, may require additional
    evidence of authority or additional documentation.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">6.&#160;&#160;&#160;</FONT></B>
</TD>
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">Delivery
    Instructions</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If any cheque(s) are to be sent to or, in respect of partial
    deposits of Common Shares, certificates representing Common
    Shares are to be returned to, someone at an address other than
    the address of the Shareholder as it appears in Block A on this
    Letter of Transmittal, entitled &#147;Registration and Payment
    Instructions&#148;, then Block&#160;B on this Letter of
    Transmittal, entitled &#147;Delivery Instructions&#148;, should
    be completed. If Block&#160;B is not completed, any cheque(s)
    will be mailed to the depositing Shareholder at the address of
    such holder as it appears in Block&#160;A or, if no address is
    provided in Block&#160;A, then it will be mailed to the address
    of such holder as it appears on the securities registers
    maintained by or on behalf of Arizona Star. Any cheque(s) mailed
    in accordance with the Offer and this Letter of Transmittal will
    be deemed to be delivered at the time of mailing.
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    12
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">7.&#160;&#160;&#160;</FONT></B>
</TD>
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">Partial
    Deposits</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If less than the total number of Common Shares evidenced by any
    certificate(s) submitted is to be deposited, fill in the number
    of Common Shares to be deposited in the appropriate space in Box
    1 on this Letter of Transmittal. In such case, new
    certificate(s) for the number of Common Shares not deposited
    will be sent to the registered holder as soon as practicable
    after the Expiry Time (unless otherwise provided in Block B on
    this Letter of Transmittal). The total number of Common Shares
    evidenced by all certificates delivered will be deemed to have
    been deposited unless otherwise indicated. <B>Note that this
    Instruction is not applicable to holders who deposit their
    Common Shares by book-entry transfer.</B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">8.&#160;&#160;&#160;</FONT></B>
</TD>
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">Substitute
    <FONT style="white-space: nowrap">Form&#160;W-9</FONT>
    for US Shareholders Only</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    United States federal income tax law generally requires a US
    Shareholder who receives cash in exchange for Common Shares to
    provide the Depositary with its correct Taxpayer Identification
    Number (&#147;<B>TIN</B>&#148;), which, in the case of a
    Shareholder who is an individual, is generally the
    individual&#146;s social security number. If the Depositary is
    not provided with the correct TIN or an adequate basis for an
    exemption, such holder may be subject to penalties imposed by
    the Internal Revenue Service and backup withholding in an amount
    equal to 28% of the gross proceeds of any payment received
    hereunder. If withholding results in an overpayment of taxes, a
    refund may be obtained by filing a US tax return.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    To prevent backup withholding, each US Shareholder must provide
    its correct TIN by completing the &#147;Substitute
    <FONT style="white-space: nowrap">Form&#160;W-9&#148;</FONT>
    set forth in this document, which requires the Shareholder to
    certify under penalties of perjury, (1)&#160;that the TIN
    provided is correct (or that such holder is awaiting a TIN) and
    (2)&#160;that the holder is a US person (including a US resident
    alien).
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Exempt holders (including, among others, all corporations) are
    not subject to backup withholding and reporting requirements. To
    prevent possible erroneous backup withholding, an exempt holder
    must enter its correct TIN in Part&#160;1 of Substitute
    <FONT style="white-space: nowrap">Form&#160;W-9,</FONT>
    write &#147;Exempt&#148; in Part&#160;2 of such form, and sign
    and date the form. See the enclosed Guidelines for Certification
    of Taxpayer Identification Number on Substitute
    <FONT style="white-space: nowrap">Form&#160;W-9</FONT>
    (the
    &#147;<B><FONT style="white-space: nowrap">W-9</FONT>
    Guidelines</B>&#148;) for additional instructions.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If Common Shares are held in more than one name or are not in
    the name of the actual owner, consult the enclosed
    <FONT style="white-space: nowrap">W-9</FONT>
    Guidelines for information on which TIN to&#160;report.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If a US Shareholder does not have a TIN, such holder should:
    (i)&#160;consult the enclosed
    <FONT style="white-space: nowrap">W-9</FONT>
    Guidelines for instructions on applying for a TIN,
    (ii)&#160;write &#147;Applied For&#148; in the space for the TIN
    in Part&#160;1 of the Substitute
    <FONT style="white-space: nowrap">Form&#160;W-9,</FONT>
    and (iii)&#160;sign and date the Substitute
    <FONT style="white-space: nowrap">Form&#160;W-9</FONT>
    and the Certificate of Awaiting Taxpayer Identification Number
    set forth in this document. In such case, the Depositary may
    withhold 28% of the gross proceeds of any payment made to such
    holder prior to the time a properly certified TIN is provided to
    the Depositary, and if the Depositary is not provided with a TIN
    within sixty (60)&#160;days, such amounts will be paid over to
    the Internal Revenue Service.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If a Shareholder has a US address, but is not a US Shareholder,
    such holder is required to submit an appropriate and properly
    completed IRS
    <FONT style="white-space: nowrap">Form&#160;W-8</FONT>
    Certificate of Foreign Status, signed under penalties of
    perjury. Such appropriate IRS
    <FONT style="white-space: nowrap">Form&#160;W-8</FONT>
    may be obtained from the Depositary.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>A SHAREHOLDER WHO FAILS TO PROPERLY COMPLETE THE SUBSTITUTE
    FORM <FONT style="white-space: nowrap">W-9</FONT> SET
    FORTH IN THIS LETTER OF TRANSMITTAL OR, IF APPLICABLE, THE
    APPROPRIATE IRS FORM
    <FONT style="white-space: nowrap">W-8</FONT> MAY BE
    SUBJECT TO BACKUP WITHHOLDING OF 28% OF THE GROSS PROCEEDS OF
    ANY PAYMENTS MADE TO SUCH HOLDER PURSUANT TO THE OFFER.</B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">9.&#160;&#160;&#160;</FONT></B>
</TD>
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">Currency
    of Payment</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    All amounts payable under the Offer will be paid in Canadian
    dollars.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">10.&#160;&#160;</FONT></B>
</TD>
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">Miscellaneous</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (a)&#160;
</TD>
    <TD align="left">
    If the space in Box 1 of this Letter of Transmittal is
    insufficient to list all certificates for Common Shares or SRP
    Rights, if applicable, additional certificate numbers and number
    of securities may be included on a separate signed list affixed
    to this Letter of Transmittal.
</TD>
</TR>


<TR style="line-height: 3pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (b)&#160;
</TD>
    <TD align="left">
    If Deposited Common Shares are registered in different forms
    (e.g. &#147;John Doe&#148; and &#147;J. Doe&#148;), a separate
    Letter of Transmittal should be signed for each different
    registration.
</TD>
</TR>

</TABLE>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    13
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (c)&#160;
</TD>
    <TD align="left">
    No alternative, conditional or contingent deposits will be
    acceptable. All depositing Shareholders by execution of this
    Letter of Transmittal or a manually executed facsimile hereof
    waive any right to receive any notice of the acceptance of
    Deposited Common Shares for payment, except as required by
    applicable Laws.
</TD>
</TR>


<TR style="line-height: 3pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (d)&#160;
</TD>
    <TD align="left">
    The Offer and all contracts resulting from acceptance thereof
    shall be governed by and construed in accordance with the laws
    of the Province of Ontario and the federal laws of Canada
    applicable therein. Each party to any agreement resulting from
    the acceptance of the Offer unconditionally and irrevocably
    attorns to the exclusive jurisdiction of the courts of the
    Province of Ontario and all courts competent to hear appeals
    therefrom.
</TD>
</TR>


<TR style="line-height: 3pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (e)&#160;
</TD>
    <TD align="left">
    Barrick will not pay any fees or commissions to any stockbroker,
    dealer or other person for soliciting tenders of Common Shares
    under the Offer, except as set out in the accompanying Offer and
    Circular.
</TD>
</TR>


<TR style="line-height: 3pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (f)&#160;
</TD>
    <TD align="left">
    Before completing this Letter of Transmittal, you are urged to
    read the accompanying Offer and Circular.
</TD>
</TR>


<TR style="line-height: 3pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (g)&#160;
</TD>
    <TD align="left">
    All questions as to the validity, form, eligibility (including,
    without limitation, timely receipt) and acceptance of any Common
    Shares deposited under the Offer will be determined by Barrick
    in its sole discretion. Depositing Shareholders agree that such
    determination will be final and binding. Barrick reserves the
    absolute right to reject any and all deposits that it determines
    not to be in proper form or that may be unlawful to accept under
    the laws of any jurisdiction. Barrick reserves the absolute
    right to waive any defects or irregularities in the deposit of
    any Common Shares. There shall be no duty or obligation of
    Barrick, the Depositary, the Information Agent or any other
    person to give notice of any defects or irregularities in any
    deposit and no liability shall be incurred or suffered by any of
    them for failure to give any such notice. Barrick&#146;s
    interpretation of the terms and conditions of the Offer, the
    Circular, this Letter of Transmittal, the Notice of Guaranteed
    Delivery and any other related documents will be final and
    binding. Barrick reserves the right to permit the Offer to be
    accepted in a manner other than that set out in the Offer and
    Circular.
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (h)&#160;
</TD>
    <TD align="left">
    Additional copies of the Offer and Circular, this Letter of
    Transmittal and the Notice of Guaranteed Delivery may be
    obtained without charge on request from the Information Agent
    and the Depositary at its address provided on the back page of
    this Letter of Transmittal.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 9pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">11.&#160;&#160;</FONT></B>
</TD>
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">Lost
    Certificates</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If a certificate has been lost or destroyed, this Letter of
    Transmittal should be completed as fully as possible and
    forwarded together with a letter describing the loss to the
    Depositary at its office in Toronto, Ontario. The Depositary
    will forward such letter to the registrar and transfer agent for
    the Common Shares so that the transfer agent may provide
    replacement instructions. If a certificate has been lost,
    destroyed, mutilated or mislaid, the foregoing action must be
    taken sufficiently in advance of the Expiry Time in order to
    obtain a replacement certificate in sufficient time to permit
    the Common Shares represented by the replacement certificate to
    be deposited to the Offer prior to the Expiry Time.
</DIV>

<DIV style="margin-top: 9pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">12.&#160;&#160;</FONT></B>
</TD>
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">Assistance</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    THE DEPOSITARY OR THE INFORMATION AGENT (SEE BACK COVER PAGE FOR
    ADDRESS AND TELEPHONE NUMBERS) OR YOUR INVESTMENT DEALER,
    STOCKBROKER, TRUST COMPANY MANAGER, BANK MANAGER, LAWYER OR
    OTHER PROFESSIONAL ADVISOR WILL BE ABLE TO ASSIST YOU IN
    COMPLETING THIS LETTER OF TRANSMITTAL.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>THIS LETTER OF TRANSMITTAL OR A MANUALLY EXECUTED FACSIMILE
    HEREOF (TOGETHER WITH CERTIFICATES REPRESENTING DEPOSITED COMMON
    SHARES, INCLUDING SRP RIGHTS, AND ALL OTHER REQUIRED DOCUMENTS)
    OR THE NOTICE OF GUARANTEED DELIVERY OR A MANUALLY EXECUTED
    FACSIMILE THEREOF MUST BE RECEIVED BY THE DEPOSITARY AT OR PRIOR
    TO THE EXPIRY TIME.</B>
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    14
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">FOR US
    SHAREHOLDERS ONLY<BR>
    GUIDELINES FOR CERTIFICATION OF TAXPAYER IDENTIFICATION<BR>
    NUMBER ON SUBSTITUTE FORM
    <FONT style="white-space: nowrap">W-9</FONT></FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>Guidelines for Determining the Proper Identification Number
    for the Payee (You) To Give the
    Requester</B>&#160;&#151;&#160;Social security numbers have nine
    digits separated by two hyphens: i.e.,
    <FONT style="white-space: nowrap">000-00-0000.</FONT>
    Employee identification numbers have nine digits separated by
    only one hyphen: i.e.,
    <FONT style="white-space: nowrap">00-0000000.</FONT>
    The table below will help determine the number to give the
    requester. All &#147;Section&#148; references are to the
    Internal Revenue Code of 1986, as amended. &#147;IRS&#148; is
    the Internal Revenue Service.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 8pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
<!-- Table Width Row -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="48%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="5%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="47%">&nbsp;</TD>	<!-- colindex=02 type=maindata -->
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
    <DIV style="font-size: 0pt; margin-left: 0%; width: 100%; align: left; border-bottom: 1pt solid #000000"></DIV><!-- callerid=209 iwidth=228 length=0 -->
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    <DIV style="font-size: 0pt; margin-left: 0%; width: 100%; align: left; border-bottom: 1pt solid #000000"></DIV><!-- callerid=209 iwidth=228 length=0 -->
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
    <B>For this Type of Account:</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    <B>Give the Taxpayer Identification Number of:</B>
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
    <DIV style="font-size: 3pt; margin-left: 0%; width: 100%; align: left; border-bottom: 1pt solid #000000"></DIV><!-- callerid=209 iwidth=228 length=0 -->
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    <DIV style="font-size: 3pt; margin-left: 0%; width: 100%; align: left; border-bottom: 1pt solid #000000"></DIV><!-- callerid=209 iwidth=228 length=0 -->
</TD>
</TR>
<TR style="line-height: 6pt; font-size: 1pt">
<TD>&nbsp;
</TD>
</TR>
<TR valign="bottom" style="line-height: 4pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -8pt; margin-left: 8pt">
    1.&#160;&#160;Individual
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    The individual
</TD>
</TR>
<TR valign="bottom" style="line-height: 4pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -8pt; margin-left: 8pt">
    2.&#160;&#160;Two or more individuals (joint account)
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    The actual owner of the account or, if combined fund, the first
    individual on the
    account<SUP style="font-size: 85%; vertical-align: text-top">(1)</SUP>
</TD>
</TR>
<TR valign="bottom" style="line-height: 4pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -14pt; margin-left: 14pt">
    3.&#160;&#160;Custodian account of a minor <I>(Uniform Gift to
    Minors Act)</I>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    The
    minor<SUP style="font-size: 85%; vertical-align: text-top">(2)</SUP>
</TD>
</TR>
<TR valign="bottom" style="line-height: 4pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -24pt; margin-left: 24pt">
    4.&#160;&#160;a.&#160;The usual revocable savings trust account
    (grantor is also trustee)
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    The
    grantor-trustee<SUP style="font-size: 85%; vertical-align: text-top">(1)</SUP>
</TD>
</TR>
<TR valign="bottom" style="line-height: 4pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -10pt; margin-left: 24pt">
    b.&#160;So-called trust that is not a legal or valid trust under
    state law
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    The actual
    owner<SUP style="font-size: 85%; vertical-align: text-top">(1)</SUP>
</TD>
</TR>
<TR valign="bottom" style="line-height: 4pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -8pt; margin-left: 8pt">
    5.&#160;&#160;Sole proprietorship or a disregarded entity
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    The
    owner<SUP style="font-size: 85%; vertical-align: text-top">(3)</SUP>
</TD>
</TR>
<TR valign="bottom" style="line-height: 4pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -8pt; margin-left: 8pt">
    6.&#160;&#160;A valid trust, estate, or pension trust
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    The legal
    entity<SUP style="font-size: 85%; vertical-align: text-top">(4)</SUP>
</TD>
</TR>
<TR valign="bottom" style="line-height: 4pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -14pt; margin-left: 14pt">
    7.&#160;&#160;Corporate (or entity electing corporate status on
    Form&#160;8832)
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    The corporation
</TD>
</TR>
<TR valign="bottom" style="line-height: 4pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -14pt; margin-left: 14pt">
    8.&#160;&#160;Association, club, religious, charitable,
    educational, or other tax-exempt organization
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    The organization
</TD>
</TR>
<TR valign="bottom" style="line-height: 4pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -8pt; margin-left: 8pt">
    9.&#160;&#160;Partnership or multi-member LLC
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    The partnership or LLC
</TD>
</TR>
<TR valign="bottom" style="line-height: 4pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -8pt; margin-left: 8pt">
    10.&#160;&#160;A broker or registered nominee
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    The broker or nominee
</TD>
</TR>
<TR valign="bottom" style="line-height: 4pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -18pt; margin-left: 18pt">
    11.&#160;&#160;Account with the Department of Agriculture in the
    name of a public entity (such as a state or local government,
    school district, or prison) that receives agricultural program
    payments
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    The public entity
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="font-size: 3pt; margin-left: 0%; width: 12%; align: left; border-bottom: 1pt solid #000000"></DIV><!-- callerid=999 iwidth=480 length=60 -->

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>



<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

<TR>
    <TD width="4%"></TD>
    <TD width="1%"></TD>
    <TD width="95%"></TD>
</TR>

<TR>
    <TD align="right" valign="top">
    <FONT style="font-size: 8pt">(1)
    </FONT></TD>
    <TD></TD>
    <TD valign="bottom">
    <FONT style="font-size: 8pt">List first and circle the name of
    the person whose number you furnish. If only one person on a
    joint account has a social security number, that person&#146;s
    number must be furnished.
    </FONT></TD>
</TR>


<TR style="line-height: 3pt; font-size: 1pt"><TD>&nbsp;</TD></TR>

<TR>
    <TD align="right" valign="top">
    <FONT style="font-size: 8pt">(2)
    </FONT></TD>
    <TD></TD>
    <TD valign="bottom">
    <FONT style="font-size: 8pt">Circle the minor&#146;s name and
    furnish the minor&#146;s social security number.
    </FONT></TD>
</TR>


<TR style="line-height: 3pt; font-size: 1pt"><TD>&nbsp;</TD></TR>

<TR>
    <TD align="right" valign="top">
    <FONT style="font-size: 8pt">(3)
    </FONT></TD>
    <TD></TD>
    <TD valign="bottom">
    <FONT style="font-size: 8pt">You must show your individual name,
    but you may also enter your business or &#147;doing business
    as&#148; name on the second name line. You may use either your
    social security number or your employer identification number
    (if you have one).
    </FONT></TD>
</TR>


<TR style="line-height: 3pt; font-size: 1pt"><TD>&nbsp;</TD></TR>

<TR>
    <TD align="right" valign="top">
    <FONT style="font-size: 8pt">(4)
    </FONT></TD>
    <TD></TD>
    <TD valign="bottom">
    <FONT style="font-size: 8pt">List first and circle the name of
    the legal trust, estate, or pension trust. (Do not furnish the
    taxpayer identification number of the personal representative or
    trustee unless the legal entity itself is not designated in the
    account title.)
    </FONT></TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 8pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>NOTE:</B> If no name is circled when there is more than one
    name, the number will be considered to be that of the first name
    listed.
</DIV>

<DIV style="margin-top: 8pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">Obtaining
    a Number</FONT></B>
</DIV>

<DIV style="margin-top: 4pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If you do not have a taxpayer identification number you may
    apply for one. To apply for a social security number, get
    <FONT style="white-space: nowrap">Form&#160;SS-5,</FONT>
    Application for a Social Security Card, from your local Social
    Security Administration Office or online at
    www.socialsecurity.gov/online/ss-5.pdf. You may also get this
    form by calling
    <FONT style="white-space: nowrap">1-800-772-1213.</FONT>
    Use
    <FONT style="white-space: nowrap">Form&#160;W-7,</FONT>
    Application for IRS Individual Taxpayer Identification Number,
    to apply for an ITIN, or
    <FONT style="white-space: nowrap">Form&#160;SS-4,</FONT>
    Application for Employer Identification Number, to apply for an
    EIN. You can apply for an EIN online by accessing the IRS
    website at www.irs.gov, clicking on Businesses, then clicking on
    Employer ID Numbers under More Topics. You can get
    <FONT style="white-space: nowrap">Forms&#160;W-7</FONT>
    and SS-4 from the IRS by visiting www.irs.gov or by calling
    <FONT style="white-space: nowrap">1-800-829-3676.</FONT>
</DIV>

<DIV style="margin-top: 8pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">Payees
    Exempt from Backup Withholding</FONT></B>
</DIV>

<DIV style="margin-top: 4pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Payees specifically exempted from backup withholding for this
    purpose include:
</DIV>

<DIV style="margin-top: 4pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="8%"></TD>
    <TD width="6%"></TD>
    <TD width="86%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    &#160;&#160;&#160;(i)&#160;&#160;
</TD>
    <TD align="left">
    An organization exempt from tax under Section&#160;501(a), an
    individual retirement account (IRA), or a custodial account
    under Section&#160;403(b)(7), if the account satisfies the
    requirements of Section&#160;401(f)(2);
</TD>
</TR>


<TR style="line-height: 4pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    &#160;&#160;(ii)&#160;&#160;
</TD>
    <TD align="left">
    The United States or a state thereof, the District of Columbia,
    a possession of the United States, or a political subdivision or
    wholly owned agency or instrumentality of any one or more of the
    foregoing;
</TD>
</TR>


<TR style="line-height: 4pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    &#160;(iii)&#160;&#160;
</TD>
    <TD align="left">
    An international organization or any agency or instrumentality
    thereof;
</TD>
</TR>

</TABLE>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    15
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV style="margin-top: 4pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="8%"></TD>
    <TD width="6%"></TD>
    <TD width="86%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    &#160;&#160;(iv)&#160;&#160;
</TD>
    <TD align="left">
    A foreign government and any political subdivision, agency or
    instrumentality thereof;
</TD>
</TR>


<TR style="line-height: 4pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    &#160;&#160;&#160;(v)&#160;&#160;
</TD>
    <TD align="left">
    A corporation;
</TD>
</TR>


<TR style="line-height: 4pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    &#160;&#160;(vi)&#160;&#160;
</TD>
    <TD align="left">
    A financial institution;
</TD>
</TR>


<TR style="line-height: 4pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    &#160;(vii)&#160;&#160;
</TD>
    <TD align="left">
    A dealer in securities or commodities required to register in
    the United States, the District of Columbia, or a possession of
    the United States;
</TD>
</TR>


<TR style="line-height: 4pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (viii)&#160;&#160;
</TD>
    <TD align="left">
    A real estate investment trust;
</TD>
</TR>


<TR style="line-height: 4pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    &#160;&#160;(ix)&#160;&#160;
</TD>
    <TD align="left">
    A common trust fund operated by a bank under Section&#160;584(a);
</TD>
</TR>


<TR style="line-height: 4pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    &#160;&#160;&#160;(x)&#160;&#160;
</TD>
    <TD align="left">
    An entity registered at all times during the tax year under the
    Investment Company Act of 1940;
</TD>
</TR>


<TR style="line-height: 4pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    &#160;&#160;(xi)&#160;&#160;
</TD>
    <TD align="left">
    A custodian;
</TD>
</TR>


<TR style="line-height: 4pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    &#160;(xii)&#160;&#160;
</TD>
    <TD align="left">
    A futures commission merchant registered with the Commodity
    Futures Trading Commission;
</TD>
</TR>


<TR style="line-height: 4pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (xiii)&#160;&#160;
</TD>
    <TD align="left">
    A foreign central bank of issue; and
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 4pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="8%"></TD>
    <TD width="6%"></TD>
    <TD width="86%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (xiv)&#160;&#160;
</TD>
    <TD align="left">
    A trust exempt from tax under Section&#160;664 or described in
    Section&#160;4947.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 4pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Exempt payees described above must file a Substitute
    <FONT style="white-space: nowrap">Form&#160;W-9</FONT>
    included in this Letter of Transmittal to avoid possible
    erroneous backup withholding. FILE THIS FORM WITH THE
    DEPOSITARY. FURNISH YOUR TAXPAYER IDENTIFICATION NUMBER, WRITE
    &#147;EXEMPT&#148; IN PART&#160;2 OF THE FORM, SIGN AND DATE THE
    FORM AND RETURN IT TO THE DEPOSITARY.
</DIV>

<DIV style="margin-top: 4pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>PRIVACY ACT NOTICE</B>&#160;&#151;&#160;Section&#160;6109
    requires you to provide your correct taxpayer identification
    number to requesters, who must report the payments to the IRS.
    The IRS uses the number for identification purposes and may also
    provide this information to various government agencies for tax
    enforcement or litigation purposes. Requesters must be given the
    numbers whether or not recipients are required to file tax
    returns. Requesters must generally withhold 28% of taxable
    interest, dividends, and certain other payments to a payee who
    does not furnish a taxpayer identification number to the
    requester. Certain penalties may also apply.
</DIV>

<DIV style="margin-top: 8pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">Penalties</FONT></B>
</DIV>

<DIV style="margin-top: 4pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>    (1)&#160;
</TD>
    <TD align="left">    <B>Failure to Furnish Taxpayer Identification
    Number</B>.&#160;&#151;&#160;If you fail to furnish your
    taxpayer identification number to a requester, you are subject
    to a penalty of $50 for each such failure unless your failure is
    due to reasonable cause and not to willful neglect.
</TD>
</TR>


<TR style="line-height: 4pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>    (2)&#160;
</TD>
    <TD align="left">    <B>Civil Penalty for False Information with Respect to
    Withholding</B>.&#160;&#151;&#160;If you make a false statement
    with no reasonable basis that results in no backup withholding,
    you are subject to a $500 penalty.
</TD>
</TR>


<TR style="line-height: 4pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>    (3)&#160;
</TD>
    <TD align="left">    <B>Criminal Penalty for Falsifying
    Information</B>.&#160;&#151;&#160;Wilfully falsifying
    certifications or affirmations may subject you to criminal
    penalties including fines and/or imprisonment.
</TD>
</TR>


<TR style="line-height: 4pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>    (4)&#160;
</TD>
    <TD align="left">    <B>Misuse of Taxpayer Identification
    Numbers</B>.&#160;&#151;&#160;If the requester discloses or uses
    taxpayer identification numbers in violation of US&#160;federal
    law, the requester may be subject to civil and criminal
    penalties.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 4pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>FOR ADDITIONAL INFORMATION, CONTACT YOUR TAX ADVISOR OR THE
    INTERNAL REVENUE SERVICE.</B>
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    16
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">The
    Depositary and Information Agent for the Offer is:</FONT></B>
</DIV>

<DIV style="margin-top: 48pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <IMG src="o38371o3819001.gif" alt="" ><B> </B>
</DIV>

<DIV style="margin-top: 48pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>Kingsdale Shareholder Services Inc.</B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The Exchange Tower
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    130 King Street West
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Suite&#160;2950, P.O. Box 361
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Toronto, Ontario
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    M5X 1E2
</DIV>

<DIV style="margin-top: 42pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>North American Toll Free Number:</B>
</DIV>

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><FONT style="font-size: 16pt">1-866-879-7650</FONT></B>
</DIV>

<DIV style="margin-top: 21pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>Facsimile: 416-867-2271</B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>Toll Free Facsimile: 1-866-545-5580</B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>contactus@kingsdaleshareholder.com</B>
</DIV>

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>Outside North America, Banks and Brokers Call Collect:
    416-867-2272</B>
</DIV>
<DIV style="margin-top: 6pt; font-size: 1pt">
&nbsp;
</DIV>
<DIV style="margin-top: 6pt; font-size: 1pt">
&nbsp;
</DIV>
<DIV style="margin-top: 6pt; font-size: 1pt">
&nbsp;
</DIV>
<DIV style="margin-top: 6pt; font-size: 1pt">
&nbsp;
</DIV>
<DIV style="margin-top: 6pt; font-size: 1pt">
&nbsp;
</DIV>
<DIV style="margin-top: 6pt; font-size: 1pt">
&nbsp;
</DIV>
<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV><DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV><DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV><DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV><DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV><B>Any
    questions and requests for assistance may be directed by holders
    of Common Shares to the Depositary or the Information Agent at
    the telephone numbers and location set out above. Shareholders
    may also contact their broker, dealer, commercial bank, trust
    company or other nominee for assistance concerning the Offer.</B>
</DIV>

<P align="left" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><I>THIS IS NOT A LETTER OF TRANSMITTAL. THIS NOTICE OF
    GUARANTEED DELIVERY IS FOR USE IN ACCEPTING THE OFFER BY BARRICK
    GOLD CORPORATION FOR ALL OUTSTANDING COMMON SHARES (INCLUDING
    THE ASSOCIATED RIGHTS ISSUED UNDER THE SHAREHOLDER RIGHTS PLAN)
    OF ARIZONA STAR RESOURCE CORP.</I></B>
</DIV>

<DIV style="margin-top: 14pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><FONT style="font-size: 16pt">NOTICE OF GUARANTEED
    DELIVERY</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><FONT style="font-size: 14pt">for Deposit of Common
    Shares</FONT></B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><FONT style="font-size: 14pt">(together with the associated
    rights issued under the Shareholder Rights Plan)</FONT></B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><FONT style="font-size: 14pt">of</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><FONT style="font-size: 16pt">ARIZONA STAR RESOURCE
    CORP.</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><FONT style="font-size: 14pt">under the Offer dated
    November&#160;9, 2007 made by</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><FONT style="font-size: 16pt">BARRICK GOLD
    CORPORATION</FONT></B>
</DIV>

<DIV style="margin-top: 24pt; font-size: 1pt">&nbsp;</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

</DIV>
<DIV style="width: 100%; border-top: 1px solid #000000; padding-top: 12pt; border-right: 1px solid #000000; padding-right: 12pt; border-bottom: 1px solid #000000; padding-bottom: 12pt; border-left: 1px solid #000000; padding-left: 12pt"><!-- Begin box 1 -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>USE THIS NOTICE OF GUARANTEED DELIVERY IF YOU WISH TO ACCEPT
    THE OFFER BUT YOUR COMMON SHARE CERTIFICATE(S) ARE NOT
    IMMEDIATELY AVAILABLE OR YOU ARE NOT ABLE TO DELIVER YOUR COMMON
    SHARE CERTIFICATE(S) TO THE DEPOSITARY AT OR PRIOR TO THE EXPIRY
    TIME.</B>
</DIV>
</DIV><!-- End box 1 -->

<DIV style="margin-top: 32pt; font-size: 1pt">&nbsp;</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 11pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

</DIV>
<DIV style="width: 100%; border-top: 1px solid #000000; padding-top: 12pt; border-right: 1px solid #000000; padding-right: 12pt; border-bottom: 1px solid #000000; padding-bottom: 12pt; border-left: 1px solid #000000; padding-left: 12pt"><!-- Begin box 1 -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><FONT style="font-size: 11pt">THE OFFER WILL BE OPEN FOR
    ACCEPTANCE UNTIL 8:00&#160;P.M. (TORONTO TIME) ON DECEMBER 18,
    2007, UNLESS THE OFFER IS EXTENDED OR WITHDRAWN.</FONT></B>
</DIV>
</DIV><!-- End box 1 -->

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    This Notice of Guaranteed Delivery must be used to accept the
    offer dated November&#160;9, 2007 (the &#147;<B>Offer</B>&#148;)
    made by Barrick Gold Corporation (&#147;<B>Barrick</B>&#148;) to
    purchase all of the issued and outstanding common shares of
    Arizona Star Resource Corp. (&#147;<B>Arizona Star</B>&#148;)
    and the associated rights issued under the Shareholder Rights
    Plan of Arizona Star (the &#147;<B>SRP Rights</B>&#148;, and a
    common share of Arizona Star together with the associated SRP
    Right, a &#147;<B>Common Share</B>&#148;), including Common
    Shares that may become issued and outstanding after the date of
    the Offer but before the Expiry Time upon the conversion,
    exchange or exercise of options or other securities of Arizona
    Star that are convertible into or exchangeable or exercisable
    for Common Shares, at a price of Cdn.$18.00 cash per Common
    Share if certificate(s) representing the Common Shares to be
    deposited are not immediately available or if the holder of
    Common Shares (the &#147;<B>Shareholder</B>&#148;) is not able
    to deliver the certificate(s) and all other required documents
    to Kingsdale Shareholder Services Inc. (the
    &#147;<B>Depositary</B>&#148;) at or prior to the Expiry Time.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The terms and conditions of the Offer are incorporated by
    reference in this Notice of Guaranteed Delivery. Certain terms
    used but not defined in this Notice of Guaranteed Delivery which
    are defined in the Glossary to the Offer and Circular have the
    respective meanings ascribed thereto in the Glossary. All
    references to &#147;$&#148;, &#147;Cdn.$&#148; and
    &#147;dollars&#148; in this Notice of Guaranteed Delivery are in
    Canadian dollars, except where otherwise indicated.
</DIV>

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">WHEN AND
    HOW TO USE THIS NOTICE OF GUARANTEED DELIVERY</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    If a Shareholder wishes to deposit Common Shares under the Offer
    and either the certificate(s) representing the Common Shares are
    not immediately available or the certificate(s) and all other
    required documents cannot be delivered to the Depositary at or
    prior to the Expiry Time, those Common Shares may nevertheless
    be deposited under the Offer provided that all of the following
    conditions are met:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (a)&#160;
</TD>
    <TD align="left">
    the deposit is made by or through an Eligible Institution (as
    defined below);
</TD>
</TR>

</TABLE>

<P align="left" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="5%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (b)&#160;
</TD>
    <TD align="left">
    this properly completed and executed Notice of Guaranteed
    Delivery or a manually executed facsimile hereof, including a
    guarantee to deliver by an Eligible Institution in the form set
    out below, is received by the Depositary at or prior to the
    Expiry Time at its office in Toronto, Ontario listed in this
    Notice of Guaranteed Delivery;
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (c)&#160;
</TD>
    <TD align="left">
    the certificate(s) representing all Deposited Common Shares,
    and, if the Separation Time has occurred before the Expiry Time
    and certificate(s) representing SRP Rights (the &#147;<B>Rights
    Certificates</B>&#148;) have been distributed to Shareholders
    before the Expiry Time, the Rights Certificate(s) representing
    the deposited SRP Rights, together with a Letter of Transmittal
    (or a manually executed facsimile thereof), properly completed
    and executed as required by the instructions set out in the
    Letter of Transmittal (including signature guarantee if
    required) and all other documents required thereby, are received
    by the Depositary at its office in Toronto, Ontario listed in
    the Letter of Transmittal before 5:00&#160;p.m. (Toronto time)
    on the third trading day on the TSX Venture Exchange
    (&#147;<B>TSXV</B>&#148;), after the Expiry Date; and
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>&nbsp;</TD>
    <TD>    (d)&#160;
</TD>
    <TD align="left">
    in the case of SRP Rights where the Separation Time has occurred
    before the Expiry Time but Rights Certificates have not been
    distributed to Shareholders before the Expiry Time, the Rights
    Certificate(s) representing the deposited SRP Rights, together
    with a Letter of Transmittal (or a manually executed facsimile
    thereof), properly completed and executed as required by the
    instructions set out in the Letter of Transmittal (including
    signature guarantee if required) and all other documents
    required thereby, are received by the Depositary at its office
    in Toronto, Ontario listed in the Letter of Transmittal before
    5:00&#160;p.m. (Toronto time) on the third trading day on the
    TSXV after Rights Certificates are distributed to Shareholders.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>This Notice of Guaranteed Delivery must be delivered by hand
    or courier or transmitted by facsimile or mailed to the
    Depositary at its office in Toronto, Ontario listed on this
    Notice of Guaranteed Delivery and must include a guarantee by an
    Eligible Institution in the form set out in this Notice of
    Guaranteed Delivery. Delivery of the Notice of Guaranteed
    Delivery and the Letter of Transmittal and accompanying Common
    Share certificate(s) with all other required documents to any
    office other than the Toronto, Ontario office of the Depositary
    does not constitute delivery for purposes of satisfying a
    guaranteed delivery.</B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    An &#147;<B>Eligible Institution</B>&#148; means a Canadian
    Schedule&#160;I chartered bank, a major trust company in Canada,
    a member of the Securities Transfer Association Medallion
    Program (STAMP), a member of the Stock Exchange Medallion
    Program (SEMP) or a member of the New York Stock Exchange Inc.
    Medallion Signature Program (MSP). Members of these programs are
    usually members of a recognized stock exchange in Canada or the
    United States, members of the Investment Dealers Association of
    Canada, members of the National Association of Securities
    Dealers, Inc. or banks and trust companies in the United States.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The undersigned understands and acknowledges that payment for
    Common Shares deposited and taken up by Barrick under the Offer
    will be made only after timely receipt by the Depositary of
    certificate(s) representing the Common Shares, a Letter of
    Transmittal, or a manually executed facsimile thereof, properly
    completed and executed, covering such Common Shares, with the
    signature(s) guaranteed, if so required, in accordance with the
    instructions set out in the Letter of Transmittal, and all other
    documents required by the Letter of Transmittal before
    5:00&#160;p.m. (Toronto time) on the third trading day on the
    TSXV after the Expiry Date; Barrick reserves the right to
    require, if the Separation Time occurs before the Expiry Time,
    that the Depositary receive from the undersigned, prior to
    taking up the Common Shares for payment pursuant to the Offer,
    Rights Certificate(s) representing SRP Rights equal in number to
    the Common Shares deposited by the undersigned. The undersigned
    also understands and acknowledges that under no circumstances
    will interest accrue or any amount be paid by Barrick or the
    Depositary to persons depositing Common Shares by reason of any
    delay in making payments for Common Shares to any person on
    account of Common Shares accepted for payment under the Offer,
    and that the consideration for the Common Shares tendered
    pursuant to the guaranteed delivery procedures will be the same
    as that for the Common Shares delivered to the Depositary before
    the Expiry Time, even if the certificate(s) representing all of
    the deposited Common Shares and SRP Rights, if applicable, to be
    delivered pursuant to the guaranteed delivery procedures set
    forth in Section&#160;3 of the Offer, &#147;Manner of
    Acceptance&#160;&#151; Procedure for Guaranteed Delivery&#148;,
    are not so delivered to the Depositary and, therefore, payment
    by the Depositary on account of such Common Shares is not made
    until after the take up and payment for the Common Shares under
    the Offer.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    All authority conferred or agreed to be conferred by this Notice
    of Guaranteed Delivery is, to the extent permitted by applicable
    Laws, irrevocable and may be exercised during any subsequent
    legal incapacity of the undersigned and shall, to the extent
    permitted by applicable Laws, survive the death or incapacity,
    bankruptcy or insolvency of the undersigned and
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    2
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    all obligations of the undersigned under this Notice of
    Guaranteed Delivery shall be binding upon the heirs, executors,
    administrators, attorneys, personal representatives, successors
    and assigns of the undersigned.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>Shareholders should contact the Information Agent, the
    Depositary or a broker or dealer for assistance in accepting the
    Offer and in depositing Common Shares with the Depositary.
    Contact details for the Information Agent and Depositary are
    provided at the end of this Notice of Guaranteed Delivery.</B>
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    3
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="11%"></TD>
    <TD width="89%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <TD>    <B>TO:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</B></TD>
    <TD align="left">
    <B>&#160;BARRICK GOLD CORPORATION</B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 15pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>AND TO:&#160;&#160;&#160;&#160;KINGSDALE SHAREHOLDER SERVICES
    INC., as Depositary</B>
</DIV>

<DIV style="margin-top: 15pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
<!-- Table Width Row -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="50%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="48%">&nbsp;</TD>	<!-- colindex=02 type=maindata -->
</TR>
<TR valign="bottom">
<TD align="center" valign="bottom">
    <I>By Mail, By Hand or By Courier:</I>
</TD>
<TD>
&nbsp;
</TD>
<TD align="center" valign="bottom">
    <I>By Facsimile Transmission:</I>
</TD>
</TR>
<TR valign="bottom">
<TD align="center" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    The Exchange Tower
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
    416-867-2271
</TD>
</TR>
<TR valign="bottom">
<TD align="center" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    130 King Street West
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD align="center" valign="bottom">
    Toll Free: 1-866-545-5580
</TD>
</TR>
<TR valign="bottom">
<TD align="center" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    Suite&#160;2950, P.O. Box 361
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="center" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    Toronto, Ontario
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="center" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    M5X 1E2
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

</DIV>

<DIV style="margin-top: 15pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>THIS NOTICE OF GUARANTEED DELIVERY MUST BE DELIVERED BY HAND
    OR COURIER OR TRANSMITTED BY FACSIMILE OR MAILED TO THE
    DEPOSITARY AT ITS OFFICE IN TORONTO, ONTARIO LISTED ON THIS
    NOTICE OF GUARANTEED DELIVERY AND MUST INCLUDE A GUARANTEE BY AN
    ELIGIBLE INSTITUTION IN THE FORM SET OUT IN THIS NOTICE OF
    GUARANTEED DELIVERY.</B>
</DIV>

<DIV style="margin-top: 9pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>DELIVERY OF THIS NOTICE OF GUARANTEED DELIVERY AND THE LETTER
    OF TRANSMITTAL TO AN ADDRESS OR TRANSMISSION VIA FACSIMILE TO A
    FACSIMILE NUMBER OTHER THAN THOSE SET OUT ABOVE DOES NOT
    CONSTITUTE A VALID DELIVERY.</B>
</DIV>

<DIV style="margin-top: 9pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>TO CONSTITUTE DELIVERY FOR THE PURPOSE OF SATISFYING
    GUARANTEED DELIVERY, UPON RECEIPT OF THE CERTIFICATES TO WHICH
    THIS NOTICE OF GUARANTEED DELIVERY APPLIES, THE LETTER OF
    TRANSMITTAL, ACCOMPANYING CERTIFICATE(S) AND ALL OTHER REQUIRED
    DOCUMENTS MUST BE DELIVERED TO THE SAME OFFICE OF THE DEPOSITARY
    IN TORONTO, ONTARIO WHERE THIS NOTICE OF GUARANTEED DELIVERY IS
    DELIVERED.</B>
</DIV>

<DIV style="margin-top: 9pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>THIS NOTICE OF GUARANTEED DELIVERY IS NOT TO BE USED TO
    GUARANTEE SIGNATURES ON THE LETTER OF TRANSMITTAL. IF A
    SIGNATURE ON THE LETTER OF TRANSMITTAL IS REQUIRED TO BE
    GUARANTEED BY AN ELIGIBLE INSTITUTION, SUCH SIGNATURE MUST
    APPEAR IN THE APPLICABLE SPACE IN THE LETTER OF TRANSMITTAL.</B>
</DIV>

<DIV style="margin-top: 9pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>DO NOT SEND CERTIFICATES REPRESENTING ARIZONA STAR COMMON
    SHARES OR SRP RIGHTS WITH THIS NOTICE OF GUARANTEED DELIVERY.
    CERTIFICATES FOR COMMON SHARES OR SRP RIGHTS MUST BE SENT WITH
    YOUR LETTER OF TRANSMITTAL.</B>
</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    4
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The undersigned hereby deposits with Barrick, upon the terms and
    subject to the conditions set forth in the Offer and Circular
    and the Letter of Transmittal, receipt of which is hereby
    acknowledged, the Common Shares, including SRP Rights listed
    below, pursuant to the guaranteed delivery procedure set forth
    in Section&#160;3 of the Offer, &#147;Manner of
    Acceptance&#160;&#151; Procedure for Guaranteed Delivery&#148;.
</DIV>

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
<!-- Table Width Row -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="27%">&nbsp;</TD>         <!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>  <!-- colindex=02 type=gutterleft -->
    <TD width="1%">&nbsp;</TD>  <!-- colindex=02 type=gutterright -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=02 type=lead -->
    <TD width="29%" align="right">&nbsp;</TD>   <!-- colindex=02 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=02 type=hang1 -->
    <TD width="1%">&nbsp;</TD>  <!-- colindex=03 type=gutterleft -->
    <TD width="1%">&nbsp;</TD>  <!-- colindex=03 type=gutterright -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=03 type=lead -->
    <TD width="18%" align="right">&nbsp;</TD>   <!-- colindex=03 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=03 type=hang1 -->
    <TD width="1%">&nbsp;</TD>  <!-- colindex=04 type=gutterleft -->
    <TD width="1%">&nbsp;</TD>  <!-- colindex=04 type=gutterright -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=04 type=lead -->
    <TD width="14%" align="right">&nbsp;</TD>   <!-- colindex=04 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=04 type=hang1 -->
</TR>
<TR style="font-size: 10pt" valign="bottom" align="center">
<TD colspan="15" align="center" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
    <B>BOX&#160;1</B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD colspan="15" align="center" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
    <B><FONT style="font-size: 10pt">ARIZONA STAR COMMON
    SHARES*</FONT></B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD colspan="15" align="center" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
    <B>(Please print or type. If space is insufficient, please
    attach a list to this Notice of Guaranteed Delivery in the below
    form.)</B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-top: 1px solid #000000">
    <B>Name(s) in which Registered<BR>
    </B>
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-top: 1px solid #000000">
    <B>Number of Common<BR>
    </B>
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
    <B>Certificate Number(s)<BR>
    </B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>(please print and fill in exactly as<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Shares Represented<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Number of Common<BR>
    </B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
    <B>(if available)</B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>name(s) appear(s) on certificate(s))</B>
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>by Certificate</B>
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Shares Deposited*</B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    <B>TOTAL:</B>
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="font-size: 0pt">
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom" align="center">
<TD colspan="15" align="center" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
    &nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD colspan="15" align="center" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
    <B><FONT style="font-size: 10pt">SRP RIGHTS**</FONT></B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD colspan="15" align="center" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
    <B>(Please print or type. If space is insufficient, please
    attach a list to this Notice of Guaranteed Delivery in the below
    form.)</B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD colspan="15" align="center" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
    <B>(To be completed if necessary.)</B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-top: 1px solid #000000">
    <B>Name(s) in which Registered<BR>
    </B>
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
    <B>Certificate Number(s)<BR>
    </B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>(please print and fill in exactly as name(s)<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Number of SRP Rights<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Number of SRP<BR>
    </B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
    <B>(if available)</B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>appear(s) on certificate(s))</B>
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Represented by Certificate</B>
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Rights Deposited**</B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    <B>TOTAL:</B>
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD nowrap align="left" valign="bottom" style="border-left: 1px solid #000000; padding-left: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="16" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-left: 1px solid #000000; padding-left: 2pt">
<DIV style="text-indent: -12pt; margin-left: 12pt">
    <FONT style="font-size: 8pt">*&#160;&#160;Unless otherwise
    indicated, the total number of Common Shares and SRP Rights
    evidenced by all certificates delivered will be deemed to have
    been deposited.
    </FONT>
</DIV>
</TD>
</TR>
<TR valign="bottom">
<TD colspan="16" valign="bottom" style="border-right: 1px solid #000000; padding-right: 2pt; border-left: 1px solid #000000; padding-left: 2pt">
<DIV style="text-indent: -12pt; margin-left: 12pt">
    <FONT style="font-size: 8pt">**&#160;The following procedures
    must be followed in order to effect the valid delivery of Rights
    Certificates: (a)&#160;if the Separation Time under the
    Shareholder Rights Plan has not occurred prior to the Expiry
    Time and Rights Certificates have not been distributed by
    Arizona Star, a deposit of Common Shares by the undersigned will
    also constitute a deposit of the associated SRP Rights;
    (b)&#160;if the Separation Time occurs before the Expiry Time
    and Rights Certificates have been distributed by Arizona Star
    and received by the undersigned prior to the time the
    undersigned deposits Common Shares pursuant to the Offer, Rights
    Certificate(s) representing SRP Rights equal in number to the
    number of Common Shares deposited must be delivered with the
    certificate(s) representing the common shares; and (c)&#160;if
    the Separation Time occurs before the Expiry Time and Rights
    Certificates are not distributed by the time the undersigned
    deposits its Common Shares under the Offer, the undersigned may
    deposit its SRP Rights before receiving Rights Certificate(s) by
    using the guaranteed delivery procedure. Note that in any case,
    a deposit of Common Shares constitutes an agreement by the
    undersigned to deliver Rights Certificate(s) representing SRP
    Rights equal in number to the number of deposited Common Shares
    to the Depositary, on or before the third trading day on the
    TSXV after the date, if any, that Rights Certificates are
    distributed. Barrick reserves the right to require, if the
    Separation Time occurs before the Expiry Time, that the
    Depositary receive from the undersigned, prior to taking up the
    Common Shares for payment pursuant to the Offer, Rights
    Certificate(s) from the undersigned representing SRP Rights
    equal in number to the Common Shares deposited by the
    undersigned.
    </FONT>
</DIV>
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    5
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

</DIV>


<DIV style="width: 100%; border-top: 1px solid #000000; padding-top: 0pt; border-right: 1px solid #000000; padding-right: 0pt; border-bottom: 1px solid #000000; padding-bottom: 0pt; border-left: 1px solid #000000; padding-left: 0pt"><!-- Begin box 1 -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">SHAREHOLDER
    SIGNATURE(S)</FONT></B>
</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 8pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
<!-- Table Width Row -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="49%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="48%">&nbsp;</TD>	<!-- colindex=02 type=maindata -->
</TR>
<TR valign="bottom" style="line-height: 24pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="center" valign="top">
    <DIV style="font-size: 0pt; margin-left: 0%; width: 100%;border-bottom: 1pt solid #000000"></DIV><!-- callerid=208 iwidth=225 length=0 --><B>Signature(s)
    of Shareholder(s)</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    <DIV style="font-size: 0pt; margin-left: 0%; width: 100%;border-bottom: 1pt solid #000000"></DIV><!-- callerid=208 iwidth=225 length=0 --><B>Address(es)</B>
</TD>
</TR>
<TR valign="bottom" style="line-height: 24pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="center" valign="top">
    <DIV style="font-size: 0pt; margin-left: 0%; width: 100%;border-bottom: 1pt solid #000000"></DIV><!-- callerid=208 iwidth=225 length=0 --><B>Name
    (please print or type)</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    <DIV style="font-size: 0pt; margin-left: 0%; width: 100%;border-bottom: 1pt solid #000000"></DIV><!-- callerid=208 iwidth=225 length=0 -->
</TD>
</TR>
<TR valign="bottom" style="line-height: 24pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="center" valign="top">
    <DIV style="font-size: 0pt; margin-left: 0%; width: 100%;border-bottom: 1pt solid #000000"></DIV><!-- callerid=208 iwidth=225 length=0 --><B>Date</B>
</TD>
<TD>
&nbsp;
</TD>
<TD align="center" valign="top">
    <DIV style="font-size: 0pt; margin-left: 0%; width: 100%;border-bottom: 1pt solid #000000"></DIV><!-- callerid=208 iwidth=225 length=0 --><B>Postal
    Code/Zip Code</B>
</TD>
</TR>
<TR valign="bottom" style="line-height: 24pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="font-size: 2pt"><!-- 05-19-07 -->
<TD nowrap align="center" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    <DIV style="font-size: 0pt; margin-left: 0%; width: 100%;border-bottom: 1pt solid #000000"></DIV><!-- callerid=208 iwidth=225 length=0 -->
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="center" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD align="center" valign="top">
    <B>Daytime Telephone Number</B>
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="center" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

</DIV>
</DIV><!-- End box 1 -->

<DIV style="margin-top: 72pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-top: 1px solid #000000; padding-top: 0pt; border-right: 1px solid #000000; padding-right: 0pt; border-bottom: 1px solid #000000; padding-bottom: 0pt; border-left: 1px solid #000000; padding-left: 0pt"><!-- Begin box 1 -->

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">GUARANTEE
    OF DELIVERY</FONT></B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    (Not to be used for signature guarantee)
</DIV>

<DIV style="margin-top: 15pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 1%; margin-right: 1%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#160;&#160;&#160;&#160;&#160;The undersigned, a Canadian
    Schedule&#160;I chartered bank, a major trust company in Canada,
    a member of the Securities Transfer Association Medallion
    Program (STAMP), a member of the Stock Exchange Medallion
    Program (SEMP) or a member of the New York Stock Exchange Inc.
    Medallion Signature Program (MSP) (an &#147;<B>Eligible
    Institution</B>&#148;) guarantees delivery to the Depositary, at
    its address set forth herein, of the certificate(s) representing
    the Common Shares deposited hereby, in proper form for transfer
    together with delivery of a properly completed and executed
    Letter of Transmittal or a manually executed facsimile copy
    thereof, and all other documents required by the Letter of
    Transmittal, (a)&#160;all on or before 5:00&#160;p.m. (Toronto
    time) on the third trading day on the TSXV after the Expiry Date
    or (b)&#160;if the Separation Time has occurred but certificates
    representing the SRP Rights have not been distributed to the
    Shareholder prior to the Expiry Time, on or before
    5:00&#160;p.m. (Toronto time) on the third trading day on the
    TSXV after the Rights Certificates are distributed to
    Shareholders.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    &#160;&#160;&#160;&#160;&#160;Failure to comply with the
    foregoing could result in a financial loss to such Eligible
    Institution.
</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 8pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
<!-- Table Width Row -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="49%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="48%">&nbsp;</TD>	<!-- colindex=02 type=maindata -->
</TR>
<TR valign="bottom" style="line-height: 24pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="center" valign="top">
    <DIV style="font-size: 0pt; margin-left: 0%; width: 100%;border-bottom: 1pt solid #000000"></DIV><!-- callerid=208 iwidth=225 length=0 --><B>Name
    of Firm</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    <DIV style="font-size: 0pt; margin-left: 0%; width: 100%;border-bottom: 1pt solid #000000"></DIV><!-- callerid=208 iwidth=225 length=0 --><B>Authorized
    Signature</B>
</TD>
</TR>
<TR valign="bottom" style="line-height: 24pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="center" valign="top">
    <DIV style="font-size: 0pt; margin-left: 0%; width: 100%;border-bottom: 1pt solid #000000"></DIV><!-- callerid=208 iwidth=225 length=0 --><B>Address
    of Firm</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    <DIV style="font-size: 0pt; margin-left: 0%; width: 100%;border-bottom: 1pt solid #000000"></DIV><!-- callerid=208 iwidth=225 length=0 --><B>Name</B>
</TD>
</TR>
<TR valign="bottom" style="line-height: 24pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="center" valign="top">
    <DIV style="font-size: 0pt; margin-left: 0%; width: 100%;border-bottom: 1pt solid #000000"></DIV><!-- callerid=208 iwidth=225 length=0 -->
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    <DIV style="font-size: 0pt; margin-left: 0%; width: 100%;border-bottom: 1pt solid #000000"></DIV><!-- callerid=208 iwidth=225 length=0 --><B>Title</B>
</TD>
</TR>
<TR valign="bottom" style="line-height: 24pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="center" valign="top">
    <DIV style="font-size: 0pt; margin-left: 0%; width: 100%;border-bottom: 1pt solid #000000"></DIV><!-- callerid=208 iwidth=225 length=0 --><B>Postal
    Code/Zip Code</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    <DIV style="font-size: 0pt; margin-left: 0%; width: 100%;border-bottom: 1pt solid #000000"></DIV><!-- callerid=208 iwidth=225 length=0 --><B>Date</B>
</TD>
</TR>
<TR valign="bottom" style="line-height: 24pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="center" valign="top">
    <DIV style="font-size: 0pt; margin-left: 0%; width: 100%;border-bottom: 1pt solid #000000"></DIV><!-- callerid=208 iwidth=225 length=0 --><B>Area
    Code and Telephone Number</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
&nbsp;
</TD>
</TR>
</TABLE>
</DIV><!-- End box 1 -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

</DIV>

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <BR>
    6
</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 89%; margin-left: 5%"><!-- BEGIN LOGICAL PAGE -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: #FFFFFF">

    <B><FONT style="font-family: 'Times New Roman', Times">The
    Depositary and Information Agent for the Offer is:</FONT></B>
</DIV>

<DIV style="margin-top: 48pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <IMG src="o38371o3819001.gif" alt="" ><B> </B>
</DIV>

<DIV style="margin-top: 48pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>Kingsdale Shareholder Services Inc.</B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    The Exchange Tower
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    130 King Street West
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Suite&#160;2950, P.O. Box 361
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    Toronto, Ontario
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    M5X 1E2
</DIV>

<DIV style="margin-top: 42pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>North American Toll Free Number:</B>
</DIV>

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B><FONT style="font-size: 16pt">1-866-879-7650</FONT></B>
</DIV>

<DIV style="margin-top: 21pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>Facsimile: 416-867-2271</B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>Toll Free Facsimile: 1-866-545-5580</B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>contactus@kingsdaleshareholder.com</B>
</DIV>

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <B>Outside North America, Banks and Brokers Call Collect:
    416-867-2272</B>
</DIV>
<DIV style="margin-top: 6pt; font-size: 1pt">
&nbsp;
</DIV>
<DIV style="margin-top: 6pt; font-size: 1pt">
&nbsp;
</DIV>
<DIV style="margin-top: 6pt; font-size: 1pt">
&nbsp;
</DIV>
<DIV style="margin-top: 6pt; font-size: 1pt">
&nbsp;
</DIV>
<DIV style="margin-top: 6pt; font-size: 1pt">
&nbsp;
</DIV>
<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">
    <DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV><DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV><DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV><DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV><DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV><B>Any
    questions and requests for assistance may be directed by holders
    of Common Shares to the Depositary or the Information Agent at
    the telephone numbers and location set out above. Shareholders
    may also contact their broker, dealer, commercial bank, trust
    company or other nominee for assistance concerning the Offer.</B>
</DIV>

<P align="left" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: #FFFFFF">

</DIV><!-- END LOGICAL PAGE -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<!-- link1 "PART II" -->

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>PART II</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>INFORMATION NOT REQUIRED TO BE SENT TO SHAREHOLDERS</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following documents are filed as exhibits to this Schedule:
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="4%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="93%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left"><B>Exhibit</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left"><B>Description</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR style="font-size: 1px">
    <TD colspan="3" valign="top" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">

<TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">1.1*
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Material Change Report of Barrick Gold Corporation, dated November
5, 2007, incorporated by reference to Exhibit&nbsp;99.1 to Form&nbsp;6-K
(Commission File No.&nbsp;001-09059) furnished to the Commission on
November&nbsp;7, 2007.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">

<TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">1.2*
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Press Release of Barrick Gold Corporation, dated October&nbsp;29, 2007,
incorporated by reference to Exhibit&nbsp;99.2 to Form&nbsp;6-K (Commission
File No.&nbsp;001-09059) furnished to the Commission on November&nbsp;7,
2007.</TD>
</TR>

<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
<TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">1.3&nbsp;&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Notice Letter by Barrick Gold Corporation, dated November&nbsp;9, 2007.</TD>
</TR>


<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="left">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>


<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left">*</TD>
    <TD>&nbsp;</TD>
    <TD>Incorporated by reference.</TD>
</TR>

</TABLE>
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<!-- link1 " PART III" -->

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>PART III</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>UNDERTAKINGS AND CONSENT TO SERVICE OF PROCESS</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>1. Undertakings</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The bidder undertakes to make available, in person or by telephone, representatives to
respond to inquiries made by the Commission staff, and to furnish promptly, when requested to do so
by the Commission staff, information relating to this Schedule or to transactions in said
securities.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;The bidder undertakes to disclose in the United States, on the same basis as it is
required to make such disclosure pursuant to applicable Canadian federal and/or provincial or
territorial laws, regulations or policies, or otherwise discloses, information regarding purchases
of the issuer&#146;s securities in connection with the cash tender offer covered by this Schedule. Such
information shall be set forth in amendments to this Schedule.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>2. Consent to Service of Process</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;At the time of filing this Schedule, the bidder has filed with the Commission a written
irrevocable consent and power of attorney on Form F-X.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;Any change to the name or address of a registrant&#146;s agent for service shall be
communicated promptly to the Commission by amendment to Form F-X referencing the file number of the
registrant.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<!-- link1 "PART IV" -->

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>PART IV</B>
</DIV>

<!-- link1 "SIGNATURES" -->

<DIV align="center" style="font-size: 10pt; margin-top: 6pt"><B>SIGNATURES</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;By signing this Schedule, the bidder consents without power of revocation that any
administrative subpoena may be served, or any administrative proceeding, civil suit or civil action
where the cause of action arises out of or relates to or concerns any offering made or purported to
be made in connection with the filing on Schedule&nbsp;14D-1F or any purchases or sales of any security
in connection therewith, may be commenced against it in any administrative tribunal or in any
appropriate court in any place subject to the jurisdiction of any state or of the United States by
service of said subpoena or process upon the registrant&#146;s designated agent.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;After due inquiry and to the best of my knowledge and belief, I certify that the information
set forth in this statement is true, complete and correct.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left"><B>BARRICK GOLD CORPORATION</B><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/  <FONT style="font-variant: SMALL-CAPS">Sybil E. Veenman</FONT>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Sybil E. Veenman&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">Vice President, Assistant General Counsel
and Secretary

             </TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
<TD>&nbsp;</TD>
<TD>Date:</TD>
<TD colspan="3">&nbsp;&nbsp;November 9, 2007&nbsp;</TD>

</TR>
</TABLE>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>



</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-1.3
<SEQUENCE>2
<FILENAME>o38371exv1w3.htm
<DESCRIPTION>EX-1.3
<TEXT>
<HTML>
<HEAD>
<TITLE>exv1w3</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><B>EXHIBIT 1.3</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">&#091;Letterhead of Barrick Gold Corporation&#093;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-left: 55%; margin-top: 18pt">November&nbsp;9, 2007
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Autorit&#233; des march&#233;s financiers<BR>
Stock Exchange Tower<BR>
800 Victoria Square, 22nd Floor<BR>
P.O. Box 246<BR>
Montreal, QC H4Z 1G3

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Dear Sirs/Mesdames:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Barrick Gold Corporation &#151; Offer for Common Shares of Arizona Star Resource Corp.</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The undersigned hereby confirms, pursuant to section 121 of the <I>Securities Act </I>(Qu&#233;bec),
that the offer (the &#147;Offer&#148;) made today by Barrick Gold Corporation (the &#147;Offeror&#148;) for all of
the issued and to be issued common shares of Arizona Star Resource Corp. (the &#147;Offeree Company&#148;) is
a take-over bid made in accordance with the rules established by the Ontario Securities Commission
and meets the following conditions:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the Offeror has been advised by the Offeree Company that there are fewer than 50 holders of
securities of the class sought by the Offer who are resident in Qu&#233;bec according to the addresses
entered in the records of the Offeree Company or in the records of dealers acting as nominees;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the Offeror has been advised by the Offeree Company that the holders resident in Qu&#233;bec
according to the records of the Offeree Company and the records of dealers acting as nominees own
less than 2% of the securities of that class;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the Offeror has sent to the holders resident in Qu&#233;bec and has filed with the Autorit&#233; all the
documents prescribed under the applicable law; and
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the Offeror has made the Offer to the holders resident in Qu&#233;bec on the same conditions as to
other holders.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Please be advised that the applicable $1,000 fee set forth in section 271.4.1 of the Regulation
respecting securities has been paid this day through SEDAR.
</DIV>


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left"><B>BARRICK GOLD CORPORATION</B> <BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">by&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ <FONT style="font-variant: SMALL-CAPS">Sybil Veenman</FONT>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Sybil Veenman                             &nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">Vice-President, Assistant<br>
General Counsel and Secretary&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>


<P align="center" style="font-size: 10pt"><!-- Folio --><!-- /Folio -->
</DIV>



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J^0C"JC$U,52D\*N(E0IH<0!OTJMC1:R&Q0"QYBCZV0T&D%1Y\1B!```[
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
