Interests in GDRs

Nord Gold N.V. Interests in GDRs

(Amsterdam, October 8, 2012) - Nord Gold N.V. ("Nordgold" or "the Company", LSE: NORD), an independent pure-play gold producer focused on emerging markets, announces that in accordance with chapter 5.3 of the Dutch Act on Financial Supervision, it was notified on October, 8, that Mr. Philip Baum, Chairman of Nordgold, has acquired 90,000 GDRs (0.03% of the total issued share capital) in the Company at an average price of US$4.60 per GDR.

Nordgold's total issued share capital is 358,794,180 shares. In January 2012, Nordgold commenced trading as an independent public company via listing of GDRs on the London Stock Exchange representing approximately 10.6% of the Company's share capital.

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About Nordgold

Nord Gold N.V. (Nordgold, LSE: NORD) is an international pure-play emerging-markets gold producer established in 2007. The Company has expanded rapidly through acquisitions and organic investment, achieving a rate of growth unmatched in the industry during that period. Nordgold's gold production reached 754 Koz in 2011.

The company operates eight active mines and has two development projects, five advanced exploration projects and a diverse portfolio of early exploration projects and licenses in Russia, Kazakhstan, Burkina Faso and Guinea. Nordgold employs about 10,000 workers in CIS and West Africa.

The Company's proven and probable gold reserves as of January 1, 2012 totalled 12.7 Moz, while measured, indicated and inferred resources were estimated at 29.5 Moz.

For further information on Nordgold please visit the Company's websitehttp://www.nordgold.com