AuRico Gold Announces Inaugural Dividend Policy

               AuRico Gold Announces Inaugural Dividend Policy

  PR Newswire

  TORONTO, February 21, 2013

TORONTO, February 21, 2013 /PRNewswire/ --

(all amounts are in US dollars unless otherwise indicated)

AuRico Gold Inc. (TSX: AUQ) (NYSE: AUQ) , ("AuRico" or the "Company") is
pleased to announce that as part of the Company's long-term strategy to
maximize shareholder value, the Board of Directors has approved the
implementation of a new, two-tiered dividend policy:

  *In 2013, the Company will pay an annual dividend of $0.16 per common share
    (payable quarterly);
  *In subsequent years, the quarterly dividend will be linked to operating
    cash flow ^[ ^1 ^] ("OCF"), whereby the Company intends to pay out 20% of
    the OCF generated in the preceding quarter divided by the Company's
    outstanding common shares at the time the dividend is approved;
  *The first quarterly dividend ($0.04 per common share) is expected to be
    declared on March 25, 2013.

"We are very pleased that the transformation of AuRico has enabled us to
introduce a regular quarterly dividend, supported by growing production at the
Young-Davidson mine, expanding margins, declining capital requirements and a
strong balance sheet. Linking the dividend to our cash flow stream will
provide shareholders significant leverage to the growing production profile at
the Young-Davidson mine, one of the most exciting, low cost mines to come into
production in recent years," stated Scott Perry, President and CEO. He
continued, "With a commitment to delivering reliable, consistent and
sustainable performance, the Company is well positioned to reward our
shareholders this year through a peer-leading yield of approximately 2.5% and
in subsequent years by returning a significant portion of the growing cash
flow generated from our operations. The implementation of a meaningful
dividend policy along with the completion of the recent $300 million share
buyback program clearly authenticates our ongoing commitment to delivering
shareholder value."

About AuRico Gold

AuRico Gold is a leading Canadian gold producer with mines and projects in
North America that have solid production growth and exploration potential. The
Company is focused on its core operations including the Young-Davidson gold
mine in northern Ontario and the El Chanate mine in Sonora State, Mexico.
AuRico's project pipeline also includes advanced development opportunities in
Canada and Mexico. AuRico's head office is located in Toronto, Ontario,

                             Cautionary Statement

Certain information included in this news release constitutes forward-looking
statements, including any information as to our projects, plans and future
financial and operating performance. All statements, other than statements of
historical fact, are forward-looking statements. The words "expect",
"believe", "anticipate", "will", "intend", "estimate", "forecast", "budget",
"schedule" and similar expressions identify forward-looking statements.
Forward-looking statements are necessarily based upon a number of factors and
assumptions that, while considered reasonable by management, are inherently
subject to significant business, economic and competitive uncertainties and
contingencies. Known and unknown factors could cause actual results to differ
materially from those projected in the forward-looking statements. Such
factors include, but are not limited to: changes to current estimates of
mineral reserves and resources; fluctuations in the price of gold; changes in
foreign exchange rates (particularly the Canadian dollar, Mexican peso and
U.S. dollar); the impact of inflation; changes in our credit rating; any
decision to declare a quarterly dividend; employee relations; litigation;
disruptions affecting operations; availability of and increased costs
associated with mining inputs and labor; development delays at the
Young-Davidson mine; operating or technical difficulties in connection with
mining or development activities; inherent risks associated with mining and
mineral processing; the risk that the Young-Davidson, and El Chanate mine and
may not perform as planned; uncertainty with the Company's ability to secure
capital to execute its business plans; the speculative nature of mineral
exploration and development, including the risks of obtaining necessary
licenses and permits; contests over title to properties; changes in national
and local government legislation in Canada, Mexico and other jurisdictions in
which the Company does or may carry on business in the future; risk of loss
due to sabotage and civil disturbances; the impact of global liquidity and
credit availability and the values of assets and liabilities based on
projected future cash flows; risks arising from holding derivative
instruments; business opportunities that may be pursued by the Company. Many
of these uncertainties and contingencies can affect our actual results and
could cause actual results to differ materially from those expressed or
implied in any forward-looking statements made by, or on behalf of, us.
Readers are cautioned that forward-looking statements are not guarantees of
future performance. All of the forward-looking statements made in this press
release are qualified by these cautionary statements. Specific reference is
made to the most recent Form 40-F/Annual Information Form on file with the SEC
and Canadian provincial securities regulatory authorities for a discussion of
some of the factors underlying forward-looking statements. The Company
disclaims any intention or obligation to update or revise any forward-looking
statements whether as a result of new information, future events or otherwise,
except as required by applicable law.

1.As reported in the Company's financial statements

For further information please visit the AuRico Gold website at or contact:

Scott Perry President and Chief Executive Officer AuRico Gold Inc.
+1-647-260-8880Anne Day Vice President, Investor Relations and Communications
AuRico Gold Inc. +1-647-260-8880
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