Issue of Equity

RNS Number : 4326T

Centamin Egypt Limited

05 June 2009

Immediate Release

5 June 2009

Centamin Egypt Limited

('Centamin' or 'the Company')

Issue of Equity

Centamin Egypt Limited (TSX:CEE, ASX:CNT, AIM:CEY) announces that, following the exercise of unquoted employee options 100,000 ordinary shares were issued and allotted at an exercise price of A$0.7106 per share on 02 June 2009, 125,000 ordinary shares were issued and allotted at an exercise price of A$0.6750 per share on 03 June 2009, and 100,000 ordinary shares were issued and allotted at an exercise price of A$0.7106 per share on 04 June 2009.

Application has been made for the new ordinary shares to be admitted to trading on AIM. The new ordinary shares will rank pari passu with the existing ordinary shares in the Company and trading of these shares on AIM is expected to commence on 12 June 2009.

The total number of Ordinary Shares on issue following the above issues is 991,200,623.

For more information please contact:

Centamin Egypt Limited

+ 61 (8) 9316 2640

Josef El-Raghy

www.centamin.com

Buchanan Communications Limited

+ 44 (0) 207 7466 5000

Ben Willey

Bobby Morse

Ambrian Partners Limited

+ 44 (0) 207 7634 4700