Lihir Gold Ltd (LGL) (TSX: LGG)(ASX: LGL)(NASDAQ: LIHR) has today concluded the sale of the Ballarat project in Victoria to Castlemaine Goldfields Limited.

The proposed sale was previously advised to the market on March 5.

Contacts: Media: Josie Brophy Corporate Communications Manager 07 3318 3317 or 0448 177 502 Investors: Joel Forwood Manager Investor Relations 07 3318 3331 or 0438 576 879 Lihir Gold Limited Cheryl A. Martin North American Investor Relations 303-386-4586 cmartin@martincorpcom.net www.LGLGold.com

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