OceanaGold 2007 Third Quarter Results schedule



    /NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES AND NOT FOR
    DISTRIBUTION TO US NEWSWIRE SERVICES/

    MELBOURNE, Australia, Oct. 22 /CNW/ - OceanaGold Corporation is pleased
to announce its 2007 Third Quarter Results will be reported as follows:

    
    31 October 2007:   Release of Quarterly Activity Report

                       This report provides summary information for the
                       quarter ended 30 September 2007, in accordance with
                       Australian Stock Exchange Listing Rule 5.1.

    14 November 2007:  Release of Quarterly MD&A

                       This report includes a full management discussion and
                       analysis and financial statements for the quarter
                       ended 30 September 2007, as required by the Toronto
                       Stock Exchange (the Company's primary listing
                       exchange).

    15 November 2007:  Conference Calls and Webcasts

                       The Company's senior management will host two
                       conference calls to discuss 2007 Third Quarter
                       Results, details as follows:

                       4.00pm Toronto EST, Wed 14 Nov 2007 (8.00am Thurs
                       15 Nov 2007 Melbourne time)

                       8.00am London GMT Thurs 15 Nov 2007 (7.00pm Thurs
                       15 Nov 2007 Melbourne time)

                       Telephone Participants

                       Australia: 1800 097 137

                       Canada: 1888 3907 943

                       Hong Kong: 800 962 681

                       New Zealand: 0800 603 458

                       Philippines: 1800 1612 0024

                       Singapore: 800 6162 212

                       UK: 0808 234 8304

                       USA: 1866 888 7010

                       All other countries: +61 3 8338 0900

                       Confirmation code: 3918116

    Webcast Participants

    To view the webcast copy and paste the web link below into your web
browser. Please visit this area of the website at least a day before the
scheduled start of the call, to ensure you have the necessary software to view
the webcast. On the day of the webcast we ask you to access the link 5-10 mins
prior to the start time of the actual call and to dial in on the
teleconference numbers given above to be able to hear the audio.

    4.00pm Toronto EST, Wed 14 Nov 2007 (8.00am Thurs 15 Nov 2007 Melbourne
    time)

    8.00am London GMT Thurs 15 Nov 2007 (7.00pm Thurs 15 Nov 2007 Melbourne
    time)

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    Participants:

   
https://www.livemeeting.com/cc/visioncastausnz/join?id=3918116&role=attend&pw=
A3918116

                     Please copy and paste entire URL into web browser.
    -------------------------------------------------------------------------
    Meeting id:      3918116      Meeting key:      A3918116
    -------------------------------------------------------------------------
    

    Background

    OceanaGold currently operates in the South Island of New Zealand and the
Philippines. The Company's assets include New Zealand's largest gold mine at
Macraes, a new mine in the Reefton Goldfield, and two development projects;
Frasers Underground, scheduled for commissioning by the end of 2007 and the
Didipio Gold-Copper project in northern Luzon, Philippines scheduled for
completion during H1 2009. The Company expects to achieve gold production of
approximately 500,000 gold equivalent ounces (AuEq) by 2009.
    OceanaGold is listed on the Toronto, Australian and New Zealand stock
exchanges under ticker symbol "OGC".

    Cautionary Statement

    Statements in this release may be viewed as forward-looking statements.
Any statements that express or involve discussions with respect to
predictions, expectations, beliefs, plans, projections, objectives,
assumptions or future events or performance (often, but not always, using
words or phrases such as "expects" or "does not expect", "is expected",
"anticipates" or "does not anticipate", "plans", "estimates" or "intends", or
stating that certain actions, events or results "may", "could", "would",
"might" or "will" be taken, occur or be achieved) are not statements of
historical fact and may be forward-looking statements. Forward-looking
statements are subject to a variety of risks and uncertainties which could
cause actual events or results to differ from those reflected in the
forward-looking statements. There are no assurances the Company can fulfil
such forward-looking statements and the Company undertakes no obligation to
update such statements. Such forward-looking statements are only predictions;
actual events or results may differ materially as a result of risks facing the
Company, some of which are beyond the Company's control.





For further information:

For further information: Mr Darren Klinck, Vice President, Corporate and
Investor Relations, OceanaGold Corporation, Tel: 61 3 9656 5308


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