Director/PDMR Shareholding

RNS Number : 2700I

Centamin Egypt Limited

17 November 2008

Centamin Egypt Limited

('Centamin Egypt' or 'the Company')

DIRECTOR'S SHAREHOLDING

The Company has been informed that Ballina Group Pty Ltd ATF The Ballina Superannuation Fund, the superannuation fund of Mr Colin Cowden, a director of the Company, purchased 50,000 ordinary fully paid shares in the share capital of the Company ('Ordinary Shares') at a price of A$0.60 per Ordinary Share on Thursday, 13 November 2008.

Following this purchase, Mr Cowden's holdings in the share capital of the Company are as follows:-

Registered holder	Number of Ordinary Shares / Options
Black Cat Holdings Pty Ltd (1)	481,197 Fully Paid Ordinary Shares 500,000 Unquoted Options
Mr C N Cowden	92,833 Fully Paid Ordinary Shares
Cowden Limited (2)	29,596 Fully Paid Ordinary Shares
Ballina Group Pty Ltd ATF The Ballina Superannuation Fund	100,000 Fully Paid Ordinary Shares

Notes: (1) Mr Cowden owns 50% of the shares, (2) Mr Cowden owns 39.87% of the shares

The total Ordinary Shares in which Mr Colin Cowden has a beneficial interest is 703,626 representing 0.08 per cent of the issued ordinary share capital of the Company.

For Centamin Egypt Limited

Heidi Brown

Company Secretary

17 November 2008

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