OceanaGold Appoints Chairman, OceanaGold (Philippines), Inc.



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

    MELBOURNE, Australia, Sept. 10 /CNW/ - OceanaGold Corporation today
announced that Jose (Joey) P. Leviste Jr. has been appointed Chairman of its
wholly-owned subsidiary company in the Philippines, OceanaGold (Philippines),
Inc.
    Joey has been a Director of the Philippines company since OceanaGold's
merger with Climax Mining in 2006. He was also a Director of the Climax Mining
predecessor Filipino subsidiary. He is well known in the Philippines business
community, having consistently been named by BizNews Asia Magazine as one of
the "most powerful 100" people in the Philippines.
    Joey is the Philippine Resident Representative of the
Australia-Philippine Business Council and in 2005 was appointed as a
Commissioner to the Consultative Commission tasked with advising the
Philippines' President on the changes needed to the 1987 Constitution of the
Philippines.
    Joey has served as a member of the Independent Review Committee on the
Oil Deregulation Law and is a former Director of the Philippine-Australia
Business Council. He was also previously Chairman, President and CEO of Mirant
Asia Philippines Corporation, a subsidiary of United States based power
generation company Mirant Corporation.
    OceanaGold's Chief Executive Officer, Stephen Orr said "It is a pleasure
to announce Joey's appointment as Chairman of OceanaGold Philippines. He is a
well respected member of the Filipino business community and brings a wealth
of international business experience to the company. Joey's leadership and
attention to community, environment and sustainability will be an important
driving force for OceanaGold as we develop Didipio and continue to grow our
business in the Philippines."

    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 in early 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".





For further information:

For further information: Mr Darren Klinck, Vice President, Corporate and
Investor Relations, OceanaGold Corporation, Tel: 61 3 9656 5300


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