Article: PLACER DOME WELCOMES AURIONGOLD REVISED RECOMMENDATION.

(Full text of statement. Contact details below.)

VANCOUVER, Canada/BRISBANE, Australia, Oct. 14 CNW-AsiaNet -- Placer Dome Inc. ("Placer Dome") is pleased by the announcement by the Board of AurionGold Limited ("AurionGold") that it has revised its recommendation in relation to the takeover offer by Placer Dome Asia Pacific Limited, a wholly owned subsidiary of Placer Dome (TSX: PDG, NYSE: PDG, ASX: PDG) (the "Offer").

Revised Recommendation of the AurionGold Directors

Each of the AurionGold Directors has recommended that remaining AurionGold shareholders, having regard to their individual circumstances, either accept the Offer or sell their ...

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