In March 2008, Siskinds LLP filed a class action against Gammon Gold Inc. ("Gammon") and certain of its current and former officers and directors. The class action arises out of Gammon's April 2007 offering to the public of 10 million Gammon shares at a price of $20 per share. The offering was conducted pursuant to a prospectus issued by the defendants on April 19, 2007. Also named as defendants are the three underwriters who sold those shares to the public: BMO Nesbitt Burns, Inc., Scotia Capital Inc. and TD Securities Inc.

In the original Statement of Claim, it is alleged that the defendants made various misrepresentations in the Prospectus relating to the production of gold equivalent ounces at Gammon's principal mining property, Ocampo. It is also alleged that Gammon's stock options were manipulated in years prior to 2007 and that, in the Prospectus, the defendants misrepresented the amount of Gammon's stock option expense during certain of those years, and also misrepresented the adequacy of Gammon's internal controls.

On July 11, 2008, Siskinds LLP filed an amended statement of claim and expanded the action to include all investors who acquired securities of Gammon Gold during the period October 10, 2006 to August 10, 2007.

If you purchased Gammon shares under Gammon's April 2007 Prospectus, or if you acquired Gammon securities over the Toronto Stock Exchange or AMEX Stock Exchange in the United States during the period from and including october 10, 2006 to and including August 10, 2007, please complete the online information form. Your information will be held in strict confidence. By completing the form, you are not retaining Siskinds, nor do you incur any obligations in connection with this lawsuit. For further information concerning this action, please contact Nicole Young at 1 (800) 461-6166 ext. 2380 or email nicole.young@siskinds.com. Updates concerning this action will be posted above.