Diggers and DealersDiggers and DealersKalgoorlie, WA - August 2011

Colin MoorheadExecutive General Manager – MineralsExecutive General Manager Minerals

DisclaimerForward Looking Statements

These materials include forward looking statements. Forward looking statements inherently involve subjective judgement and analysisand are subject to significant uncertainties, risks and contingencies, many of which are outside of the control of, and may be unknownto the company Actual results and developments may vary materially from those expressed in these materials The types ofto, the company. Actual results and developments may vary materially from those expressed in these materials. The types ofuncertainties which are relevant to the company may include, but are not limited to, commodity prices, political uncertainty, changes tothe regulatory framework which applies to the business of the company and general economic conditions. Given these uncertainties,readers are cautioned not to place undue reliance on such forward looking statements.

Forward looking statements in these materials speak only at the date of issue. Subject to any continuing obligations under applicableflaw or any relevant stock exchange listing rules, the company does not in providing this information undertake any obligation to publicly

update or revise any of the forward looking statements or any change in events, conditions or circumstances on which any suchstatement is based.

Ore Reserves and Mineral Resources Reporting Requirements

A A t li ith iti li t d th A t li S iti E h (“ASX”) N t i bj t t A t liAs an Australian company with securities listed on the Australian Securities Exchange (“ASX”), Newcrest is subject to Australiandisclosure requirements and standards, including the requirements of the Corporations Act and the ASX. Investors should note that it is a requirement of the ASX listing rules that the reporting of Ore Reserves and Mineral Resources in Australia comply with the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the “JORC Code”) and that Newcrest’s Ore Reserve and Mineral Resource estimates comply with the “JORC Code”.

Competent Persons Statement

The information in this presentation that relates to Exploration Results is based on information compiled by Colin Moorhead, EGMMinerals for Newcrest Mining Limited who is a Fellow of The Australasian Institute of Mining and Metallurgy, and a full-time employee ofNewcrest Mining Limited. Mr Moorhead has sufficient experience which is relevant to the styles of mineralisation and types of depositsunder consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of theunder consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the“JORC Code”. Mr Moorhead consents to the inclusion in this presentation of the matters based on this information in the form andcontext in which they appear.

Exploration Target

The potential quantity and grade related to Exploration Targets in this report is conceptual in nature as there has been insufficient

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The potential quantity and grade related to Exploration Targets in this report is conceptual in nature as there has been insufficient exploration to define a Mineral Resource. It is uncertain if further exploration will result in the determination of a Mineral Resource.

Newcrest

3rd largest global gold d b kproducer by market

capitalisation

12th largest ASX listed company (~US$30 Billion)

Produced 2.7Moz in FY11

Proven ability to find, build and operate world class gold minesgold mines

Multiple growth options

3

Asset Portfolio

Gosowong

LihirWafi GolpuProducing Asset

Namosi

Hidden ValleyWafi-Golpug

Advanced Project

TelferNamosi

CracowBukina FascoBukina FascoMaliMali Bukina FascoMali Mt Rawdon

Cadia ValleyYamoussoukroYamoussoukro

AbidjanAbidjan

BonikroBonikro

CÔTE D’IVOIRECÔTE D’IVOIRECÔTE D’IVOIRECÔTE D’IVOIRE

Yamoussoukro

Abidjan

Bonikro

CÔTE D’IVOIRECÔTE D’IVOIRE

AbidjanAbidjan

100 km100 km

Abidjan

100 km

410 operating mines in 4 countries

Growth Pipeline

Concept & Prefeasibility Feasibility Execution OperationPrefeasibility

Ridgeway Block CaveHidden Valley Mine

Gosowong ExpansionLihir “MOPU” Expansion

Cadia East Mine

Bonikro Mine

Hidden Valley Expansion

Wafi - Golpu

O’Callaghans

NamosiNamosi

Two major projects two major studies

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Two major projects, two major studies

Projects

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Lihir – MOPU Project

MOPU – Million Ounce Plant Upgrade

Brownfields expansion on Lihir Island

Increase plant capacity to 12 million tonnes pa.

Increase gold output by 200-300k ounces pa.

Capital approximately $1.3B

Progress 47% complete Progress 47% complete

3.5 million man hours expended to date on site

Schedule completion December 2012

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Cadia East – Project Update

Capex A$1.9 Billion (84% committed)

Increase production by 200koz p.a

Engineering design essentially complete

All major contracts awarded

Ball Mill commissioned to schedule

Decline conveyor installation Decline conveyor installation commenced

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Cadia East – Mine Development

Will be largest underground mine in Australia 26MtpaAustralia – 26Mtpa

Mine development 50% complete

Cave preconditioning commenced

– hydro-fracturingyd o ac u g

– blasting

C d li “b k th h” Conveyor decline “broken through”

On track for production ramp-up CY2012

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Exploration

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Exploration Activity – 41 Drill Rigs in Operation

Gosowong

LihirManus Island

W fi G lTandai

111 5

Mt Kasi

Hidden ValleyWafi-Golpu

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Telfer

Mt KasiNamosi

CracowBukina FascoBukina FascoMaliMali Bukina FascoMali Mt Rawdon4

2 1

3

Cadia ValleyMarsdenYamoussoukroYamoussoukroBonikroBonikro

CÔTE D’IVOIRECÔTE D’IVOIRECÔTE D’IVOIRECÔTE D’IVOIRE

YamoussoukroBonikro

CÔTE D’IVOIRECÔTE D’IVOIRE

2

4

AbidjanAbidjan

100 km100 km

Abidjan

100 km

2

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Drill Rigs in Operation3 Mining Operation

Advanced Project

Exploration

Emerging Project

Côte d’Ivoire, Bonikro – Exploration

In-ground exploration d B ik

Burkina FasoBurkina FasoMaliMali

recommenced at Bonikro

Large Gold system >3Moz GuineaGuineadiscovered to date(1&2) within 20kms of process plant

Timbe / Bouake

Côte d’IvoireCôte d’IvoireGuineaGuinea

55Mt @

2011 BONIKRORESOURCE(1)

Mankano

17,000 square kilometres of highly prospective Greenstone Belt with

YamoussoukroGhanaGhana

55Mt @1.2g/t Au

2.0Moz AuOume(2)

0.2Moz Au

Bouafle

Greenstone Belt with established targets

Regional work scheduled forAbidjanBonikro

LiberiaLiberia Hire(2)

0.9Moz Au

0.2Moz Au

Côted’Ivoire Regional work scheduled for

start-up Qtr 1.100 kmAFRICA

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(1) Newcrest website, Bonikro Resource update, 25 January, 2011. Resource figures quoted on 100% basis.

(2) Newcrest website, LGL market release LGL Resources, 26 August, 2009.

Indonesia, Gosowong – Exploration

Contract of Work -30 000 h f

PLAN VIEW

~30,000 hectares of prospective ground

Surface work in progress

>5Moz Gold discovered to date

Batu Api & Matat

Strong results at Toguraci

Batu Api & MatatSesewet Highly prospective

exploration targetGOSOWONG(1)

1.0 Moz Au Toguraci

Good targets identified

Halmahera Is.

W &

KENCANA(1)

3.5 Moz AuTOGURACI(1)

1.2 Moz Au

regionally

4

kil t

0 2

West &South

Toguraci

Contract of Work Boundary

13

kilometresContract of Work Boundary

(1) Includes past production and current Resources. Refer to Newcrest Annual Statement of Mineral Resources & Ore Reserves to June 30, 2010. Resource figures quoted on 100% basis.

WA, Telfer – Brownfields Exploration

Drilling south of W t D

SCHEMATIC OBLIQUE LONG SECTION(looking south west)

West Dome demonstrates continuity in reefs

WRC196016m @ 5.7g/t Au & 0.39% Cu

West Dome 5Moz Au

Main Dome 10Moz Au

Deeper drilling in progress to testWest Dome Deeps

5200 mRL

Main DomeDecline

5Moz Au

West Dome Deeps

Continuity of Vertical Stockwork

West DomeDecline DesignTelfer Deeps

2.7Moz Au

Vertical Stockwork Corridor currently demonstrated 300m to the north

3200 mRL

VSCExploration

Target West DomeExploration

MUC1691718m @ 1.3g/t Au & 0.59% Cu

VSC 0.9Moz Au

to the north

Potential to grow existing resources

ExplorationTarget

1 km

@ gMUC1691120m @ 6.3g/t Au & 1.0% Cu WRC17902

4m @ 4.7g/t Au & 1.2% Cu

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g(1) Newcrest Annual Statement of Mineral Resources & Ore Reserves to June 30, 2010.

PNG, Lihir – Resource Growth

Mineralisation in d illi d 500

PLAN VIEW

2010 LIHIRRESOURCE(1)

Explorationdrilling extends 500m east of the existing resource and

2010 LIHIR

640Mt @2.35g/t Au

48.5Moz Au

RESOURCE(1)

Kapit NE Pacific

Target

DDHL1870 188m @ 3 0g/t Au

DDHL1924186m @ 3.9g/t Au

remains open

Early indication that

330Mt @2.71g/t Au

28.8Moz Au

2010 LIHIRRESERVE(2)

Kapit

Coastal

DDHL1870 188m @ 3.0g/t AuDDHL1871 212m @ 3.4g/t AuDDHL1875 225m @ 2.4g/t AuDDHL1876 134m @ 4.0g/t Au

yfurther extension at Kapit NE likely

InferredResourceboundary

LIHIRLienetz Borefields

Link

Resource and Reserve update August 2011

PLANT

Minifie

August 2011

15 (1) Newcrest website, market release LGL Resources, 26 August, 2009.(2) Newcrest website, market release LGL Reserves, 29 October, 2009.

1000 m

Fiji, Namosi – 2nd Porphyry System at Waivaka

Well mineralised porphyry trend 6k f W i i j

PLAN VIEW 2010 WAISOIRESOURCE(1)

1.8Bt @Waisoi 6km from Waisoi project area

Strong copper and gold PORPHYRYPORPHYRY

@0.37% Cu &0.12 g/t Au

6.6 Mt Cu6.7 Moz Au

Wainabama

Waisoi

g pp ggeochemistry at surface identified over 5km strike to date

SYSTEMSYSTEM

Higher grade mineralisation seen in drill hole NVD035 includes138m @ 0 82g/t Au & 0 82% Cu

94Mt @0.72% Cu &0.12g/t Au

2010 WAINAULORESOURCE(1)

NVD035292m @ 0.39g/t Au & 0.45% Cu

Waivaka West

138m @ 0.82g/t Au & 0.82% Cu

Exploration drilling demonstrates t ti l f l hi h dFIJI

670Kt Cu & 350Koz Au

9 @ 0 39g/t u & 0 5% CuIncl. 138m @ 0.82g/t Au & 0.82% Cu

potential for larger higher grade system at depth

5 km

Copper/goldtarget area

NavuaPacific Harbour

Suva

Viti Levu

FIJI

50 km

SPL1420

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target area 50 km

(1) Newcrest Annual Statement of Mineral Resources & Ore Reserves to June 30, 2010. Resource figures quoted on 100% basis.

PNG, Wafi Transfer Zone

17km of highly prospective d

ZimakePLAN VIEW

ground

Bavaga

Largely unexploredBavaga

Regional projects advanced at Bavaga Zenapu Zimake and Mt

Zenapu

Nambonga Miapilli Bavaga, Zenapu, Zimake and Mt Tonn

Kesiago

Hekeng

Nambonga

Wafi Golpu

WAFI-GOLPUEXPLORATION TARGET(1)

Pekumbe

Kesiago

+ 40Moz Au and 15Mt CuEXPLORATION TARGET(1)

17 (1) Refer note on slide 2 & 21 in relation to Exploration Targets.

Mt Tonn4 km

PNG, Wafi-Golpu Project – 1 Billion Tonnes & Growing SCHEMATIC PLAN VIEW

OPEN 8.8GROWTH(2)

19.3 Moz Gold Golpu Porphyry copper d ld d bl i i

Golpu

4.8 9.0 Mt CopperWR39710m @ 9.1g/t Au

WR39285m @ 3.2g/t Au

and gold doubles in size

21,000mN

Golpu85m @ 3.2g/t Au

NewGold Zone

New Wafi style zone intersected west of Golpu

2010 GolpuResource

WR392W1643m @ 1 39% Cu

System remains open for further growth

Nambonga(1)

1.0Moz Au(unchanged)

Diatreme643m @ 1.39% Cu,0.94g/t Au

further growth

20,000mN

Wafi(1)

6.2Moz Au(unchanged)

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500 m 20,000mE

(1) Newcrest Annual Statement of Mineral Resources & Ore Reserves to June 30, 2010. Resource figures quoted on 100% basis.(2) Newcrest Mining Limited website for competent persons statement. Resource figures quoted on 100% basis.

PNG, Wafi-Golpu Project –Substantial Increase in Golpu ResourceSubstantial Increase in Golpu Resource

Grade Contained Metal(3)

M tonnes Au g/t Cu % Au Moz Cu Mt

SCHEMATIC LONG SECTION(looking south west)

500Mt8.8Moz Au,

M tonnes Au g/t Cu % Au Moz Cu Mt

Golpu Resource

2010(1) 500 0 54 0 96 8 8 4 8

0.2% Cu

,4.8Mt Cu 2010(1) 500 0.54 0.96 8.8 4.8

2011(2) 870 0.69 1.03 19.3 9.0

Growth 370 0.15 0.07 10.6 4.2Shell

1,70

0m

Wafi-Golpu Resource (includes Wafi and Nambonga)

870Mt19 3M A 9 0Mt C

2010(1) 640 0.77 0.75 16.0 4.9

2011(2) 1,010 0.82 0.89 26.6 9.0

Growth 370 0 05 0 14 10 6 4 2

800m

19.3Moz Au, 9.0Mt Cu Growth 370 0.05 0.14 10.6 4.2

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(1) Newcrest Annual Statement of Mineral Resources & Ore Reserves to June 30, 2010. Resource figures quoted on 100% basis.(2) Newcrest Mining Limited website for competent persons statement. Resource figures quoted on 100% basis.(3) Reported numbers have been rounded which may cause apparent computational discrepancies.

Porphyry Copper- Gold Deposits – SE Asia

Oyu Tolgoi1.20

Selected SE Asia Porphryry Copper-Gold Deposits (bubble size equals total Au-equivalent ounces)

Oyu Tolgoi214 Moz

Far South EastWafi Golpu 82 Moz

Wafi-Golpu Exploration Target(3)

132 Moz1.00

Grasberg478 Moz

Ok Tedi

North Parkes11 Moz

Far South East30 Moz

Wafi-Golpu 82 Moz0.80

%)

Ok Tedi43 MozFrieda River

62 MozTampakan101 Moz

Didipio4 Moz

Ridgeway12 MozReko Diq

189 Moz Batu Hijau56 MozNamosi 0 40

0.60

Cu (w

t %

Panguna52 Moz

52 Moz

Cadia90 Moz

0.20

0.40

0.000.00 0.20 0.40 0.60 0.80 1.00 1.20 1.40 1.60 1.80

Au (g/t)

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Au (g/t)(1) Sourced from MEG Database and company reports.(2) Gold equivalent based on USD 900/oz Au, USD 2.50/lb Cu at 100% recovery for both metals.(3) Exploration Target for Wafi-Golpu is 40Mt gold and 15Mt copper – refer slides 2 & 21

Exploration Target for Wafi-Golpu

The Wafi-Golpu project is located in the Morobe Province of PNG on EL440 approximately 60km southwest of the town of Lae. Wafi-Golpu is a major exploration project that forms part of the Morobe Mining Joint Ventures (MMJV) which is a 50/50 joint venture between Newcrest and Harmony. In July 2011, an updated resource estimate for Wafi-Golpu was reported containing Measured, Indicated and Inferred Mineral Resources for Wafi Golpu totalling approximately 1010 million tonnes containing 26.6 million ounces of gold and 9.0 million tonnes of copper(1). This comprises an extensive body of gold only epithermal style mineralisation (Wafi) located near surface and deeper porphyry related copper+gold mineralisation (Golpu and Nambonga). The Wafi epithermal mineralisation includes oxide, transitional and sulphide ore types with individual ore zones reported at relatively high cut-off grades. Studies show that the resource is quite sensitive to these cut-offs with only minor improvements in margin required to increase the inventory substantially Exploration also demonstrates that these mineralised zones are spatially related to a central diatreme and that the mineralisedinventory substantially. Exploration also demonstrates that these mineralised zones are spatially related to a central diatreme and that the mineralised zones remain open at depth.

In October 2010, an Exploration Target for the Wafi-Golpu project area in excess of 30 million ounces of gold and 8 million tonnes of copper based on a tonnage range between 900 and 1400 million tonnes was reported. This targeted growth of epithermal deposits to between 100 and 200 million tonnes at a grade range between 1.5 and 2.0 grams per tonne plus porphyry deposits to a range of 800 and 1200 million tonnes at grades between 0.7 and 1 1% d 0 5 t 0 9 /t ld1.1% copper and 0.5 to 0.9g/t gold.

Recent work conducted by the MMJV has included a significant amount of additional drilling at Wafi-Golpu, ongoing regional exploration, and detailed concept studies on deposit knowledge and possible development scenarios.

Results from work, including but not limited to very strong gold and copper results from deep drilling at Golpu, demonstrate that the previously g y g g pp p g p p yannounced exploration target for Wafi-Golpu has been achieved and in March 2011 supported revision of the Exploration Target for the Wafi-Golpu project area to in excess of 40 million ounces of gold and 15 million tonnes of copper based on a tonnage range between 1200 and 1700 million tonnes. This targets growth of epithermal deposits to between 100 and 200 million tonnes at a grade range between 1.5 and 2.0 grams per tonne plus porphyry deposits to a range of 1100 and 1500 million tonnes at grades between 0.8 and 1.5% copper and 0.6 to 1.0g/t goldii.

Deep drilling undertaken and reported in recent quarters continues to demonstrate that the Golpu porphyry deposit may be significantly larger than theDeep drilling undertaken and reported in recent quarters continues to demonstrate that the Golpu porphyry deposit may be significantly larger than the reported resource. Results show strongly mineralised porphyry at depth and to the north with grades persisting well into metasediment wall-rocks. Several other porphyry style targets in earlier stages of exploration with encouraging preliminary data also exist in the project area.

1 Refer 2010 Newcrest Annual Statement of Mineral Resources and Ore Reserves located at www.newcrest.com.auThe potential quantity and grade of this Exploration Target is conceptual in nature and is expressed in 100% equity terms. At this point there has b i ffi i l i d fi Mi l R d i i i if f h l i ill l i h d i i f Mi l

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been insufficient exploration to define a Mineral Resource and it is uncertain if further exploration will result in the determination of a Mineral Resource

Divestment of Mt Rawdon & Cracow

Proposed sale of assets to a company to be formed through the f C l d Cmerger of Catalpa and Conquest

Strong platform to establish an Australian mid-tier gold producerStrong platform to establish an Australian mid tier gold producer– good management– solid asset base– growth opportunities– robust balance sheet

Newcrest commitment to success– ~33% ownership post capital raising & 2 Board seats33% ownership post capital raising & 2 Board seats

Expected transaction completion October 2011

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Summary

Strong balance sheet – low gearing, unhedged cashflow

Solid production in FY11 with some cost pressure

Major project deliveries on track

Exploration results continue to be very strong

Significant resource upgrade to Wafi-Golpu

Multiple growth opportunities Multiple growth opportunities

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