Golden Star Announces Agreement for Ten Megawatt Additional Power Generation Capacity

    DENVER, August 10 /CNW/ - Golden Star Resources Ltd. (AMEX:  GSS) (TSX:GSC)
today announced that it is has entered into a take-or-pay agreement to
purchase 10 megawatts (MW) of power from a power provider who will construct a
20 MW power station at the Bogoso/Prestea minesite. Golden Star will have
access to the full 20 MW if required.

    The arrangement will provide additional power to Golden Star at
reasonable costs and act as insurance should the power situation in Ghana
deteriorate further. The planned power station can be operated on diesel or
lower cost residual fuel oil, and it is planned to install fuel handling
facilities for all types. Development activities will begin immediately and
power should be available in early 2008.

    Peter Bradford, President and CEO, commented, "The continuing power
shortage and consequent rationing in Ghana due to the low water level in
Akosombo reservoir continues to be a serious concern for all industries in
Ghana, and Golden Star is no exception. We have taken the initiative in trying
to alleviate the problem by working with the other major gold producers in
Ghana to purchase and install a nominal 100MW power plant and our agreement
for additional power at Bogoso/Prestea is a continuance of that initiative. We
want Golden Star to have the ability to run 100% on self-generated power. The
access to 20MW of power generation we are purchasing from the provider,
coupled with the power generation we already have installed plus the 20MW we
shall receive from the mining consortium's power plant should allow us to
exceed that goal."

    "Of late, the water levels at the Akosombo dam have recently begun to
rise, which is a positive development. However, it is too early in the season
to determine the full effects of the rainy season on the water levels at the
dam. With the addition of this power capacity, we feel that the power
situation will have a reduced effect on our operations."

    Company Profile

    Golden Star holds a 90% equity interest in the Bogoso/Prestea and Wassa
open-pit gold mines in Ghana. In addition, Golden Star has an 81% interest in
the currently inactive Prestea Underground mine in Ghana, as well as gold
exploration interests elsewhere in Ghana, in other parts of West Africa and in
the Guiana Shield of South America. Golden Star has approximately 233 million
shares outstanding.

    Statements Regarding Forward-Looking Information: Some statements
contained in this news release are forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. Investors are
cautioned that forward-looking statements are inherently uncertain and involve
risks and uncertainties that could cause actual results to differ materially.
Such statements may include comments regarding the timing of the completion,
commissioning, and commencement of power generation at Bogoso/Prestea, access
to power from the mining consortium power plant and the effect of the new
power capacity on our operations. Factors that may affect successful operation
of the Bogoso Sulfide Processing Plant operations include design
modifications, power shortages and interruptions, weather including excessive
rainfall or drought. There can be no assurance that future developments
affecting the Company will be those anticipated by management. Please refer to
the discussion of risk factors in our Form 10-K for 2006 as amended.

For further information:

For further information: GOLDEN STAR RESOURCES LTD. Tom Mair, +1
800-553-8436 Chief Financial Officer Bruce Higson-Smith, +1 800-553-8436 Vice
President Corporate Development Anne Hite, +1 800-553-8436 Investor Relations

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