Holding(s) in Company

Centamin Egypt Limited
02 January 2008

                             Centamin Egypt Limited
                         ('Centamin' or 'the Company')

                               Holding in Company


On 21 December 2007, Centamin Egypt Limited (TSX:CEE, ASX:CNT, AIM:CEY) received
notification that, following the conversion of warrants issued at a price of
C$1.20 under the Short Form Prospectus published by the Company on 18 December
2007, Paulson & Co. Inc. now has an interest in 70,735,000 ordinary shares in
the Company representing 8.08 per cent. of the Company's issued share capital.


For more information please contact:


Centamin Egypt Limited

+ 61 (8) 9316 2640

Josef El-Raghy

www.centamin.com



Pelham Public Relations

+ 44 (0) 207 743 6376

Candice Sgroi

Mobile: + 44 (0) 7894 462 114



Ambrian Partners Limited

+ 44 (0)207 776 6400

Richard Brown



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