Notification of transactions

RNS Number : 6021J

Centamin Egypt Limited

01 April 2010

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

(LSE:CEY, TSX:CEE)

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

1. Name of the issuer

Centamin Egypt Limited

2. State whether the notification relates to
(i) a transaction notified in accordance with DTR 3.1.2R; or
(ii) a disclosure made in accordance with section 793 of the Companies Act 2006

Notification relates to a transaction notified in accordance with DTR 3.1.2R

3. Name of person discharging managerial responsibilities

Harry Michael - Director and Chief Executive Officer

4. State whether notification relates to a person connected with a person discharging managerial responsibilities named in 3 and identify the connected person

Notification does not relate to a person connected with a person discharging managerial responsibilities

5. Description of shares (including class)

Fully paid ordinary shares in Centamin Egypt Limited

6. Name of registered shareholder

Harry Michael

7. State the nature of the transaction

Purchase of 75,000 fully paid ordinary shares in Centamin Egypt Limited

8. Price per share

CAD$2.0607

9. Date and place of transaction

31 March 2010 - Toronto

10. Date issuer informed of transaction

01 April 2010

Following this transaction, Mr Michael's holdings and those of his connected persons in the share capital of the Company are as follows:

Registered holder

Number of ordinary shares

Harry Michael

75,000 Fully Paid Ordinary Shares

The total fully paid ordinary shares in which Harry Michael has a beneficial interest is 75,000 representing 0.01% of the issued ordinary share capital of the Company.

For Centamin Egypt Limited

Heidi Brown

Company Secretary

01 April 2010

For more information, please contact:

Centamin Egypt Limited

+ 61 (8) 9316 2640

Josef El-Raghy / Heidi Brown

www.centamin.com

Buchanan Communications Limited

+ 44 (0) 207 7466 5000

Bobby Morse