Q&A

1. Where is New Gold Inc. Listed?

   The Toronto Stock Exchange (TSX) and the American Stock Exchange (AMEX)

2. What is the ticker symbol?

   NGD

3. What is the warrant ticker symbol and terms?

   It is expected that the common shares for both Peak Gold and Metallica will begin trading as New Gold (TSX and AMEX: NGD) at market open on July 7, 2008. In addition, it is expected that the warrants for both Peak Gold and Metallica will begin trading as New Gold on the TSX at market open on July 7, 2008. The New Gold warrant trading symbols and terms are summarized as follows:

   Former Symbols/Cusip#	Former Terms	New Symbols/Cusip#	New Terms
   NGD.WT Cusip No. 644535122	1 warrant + $15.00 = 1 common share expiry June 28, 2017	NGD.WT.A Cusip No. 644535122	Same as former terms
   PIK.WT Cusip No. 70468J1140	Ex.: 1 warrant + $1.50 = 1 Peak Gold common share; expiry April 3, 2012	NGD.WT.B Cusip No. 644535130	Ex: 10 warrants + $15.00 = 1 New Gold common share plus $0.001 per common share; expiry April 3, 2012
   PIK.WT.A Cusip No. 70468J130	Ex.: 1 warrant + $0.90 = 1 Peak Gold common share; expiry November 28, 2012	NGD.WT.C Cusip No. 644535148	Ex.: 10 warrants+ $9.00 = 1 New Gold common share plus $0.001; expiry November 28, 2012
   MR.WT Cusip No. 59125J120	Ex.: 1 warrant + $3.10 = 1 Metallica  common share expiry December 11, 2008	NGD.WT.D Cusip No. 644535155	Ex.: 1 warrant + $3.10 = 0.9 New Gold common share plus $0.0001; expiry December 11, 2008

4. When was New Gold incorporated?

   January 31, 1980

5. What is the history of the Company?

   New Gold Inc. (NGD:TSX/AMEX) is a natural resource exploration and development company which has been engaged in the acquisition, exploration and development of natural resources properties since 1980. On May 12, 2008, New Gold Inc announced that it had signed a definitive agreement for the business combination of itself, Metallica Resources Inc. and Peak Gold Ltd. The merger transaction was successfully completed on June 30, 2008.

6. Who is the transfer agent for New Gold Inc.?

   Computershare is the transfer agent and warrant agent for New Gold Inc.

   Phone: 1-800-564-6253 (toll free in Canada and the United States) between the hours of 8:30 a.m. and 7:30 p.m. Eastern Time or 514-982-7555 (international direct dial).

   Website: www.computershare.com

7. Where could I find the latest Corporate Presentation?

   The Presentation can be downloaded from the homepage of our website or by clicking on the following link.

   If you have any questions about the company or are unable to find the information you need, please contact us by email or by phone (604) 696-4100.

Financial and Legal Q&A

1. When is the New Gold Inc. fiscal year end?

   December 31

2. Who are New Gold's independent auditors?

   Deloitte and Touche LLP

3. When does New Gold report its quarterly earnings?

   Q1 - Released in May

   Q2 - Is generally released in August

   Q3 - Is generally released in November

   Q4 - Is generally released in March

4. What is your 2008 annual estimated production plan?

   See our Production Table.

5. What are the current estimates of reserves?

   See our Reserves Tables.

6. Where are your current operations and projects located and where can I find further information on the operations?

   For further information on the operations of the Company, please visit our website in the Gold Properties section.

7. How do I access the regulatory filings?

   You can access New Gold's regulatory filings on Sedar at www.sedar.com or on EDGAR at www.sec.gov/edgar.shtml.

Career Opportunities Q&A

1. What are the current employment opportunities at the Corporate Office and at the operations?

   For further information on employment opportunities, please visit the Career section.

2. Can I receive further company information by mail or email?

   Yes, for further information on the latest news by email please sign-up on our distribution list which is accessible via our home page.

   You may also request that an Investor Relations package be sent by mail or email using our Request Information form.