Centamin Egypt: First Gold Pour From the Sukari Gold Project

TORONTO, ONTARIO, Jun 29 (MARKET WIRE) --
Centamin Egypt Limited ("Centamin" or "the Company") (TSX: CEE)(ASX:
CNT)(AIM: CEY) is pleased to announce that the first gold from the Sukari
Gold Project ("Sukari") was poured on Friday, 26 June 2009.

This milestone marks the commencement of production and commissioning at
the Sukari gold mine ahead of the commercial ramp up of production, which
is anticipated over the coming months.

Sukari is the first modern commercial gold mine to be operated in Egypt,
and has a current mineral reserve of 142Mt @ 1.4g/t Au for 6.4Moz. The
current mineral resource stands at 191Mt @ 1.53g/t Au for 9.39Moz
Measured and Indicated, and 64Mt @ 1.7g/t Au for 3.5Moz Inferred (as
disclosed in the press release dated 12 February 2009).

Josef El-Raghy, Managing Director/CEO of Centamin, stated:

"The first gold pour from Sukari marks the beginning of our production
from the largest gold mine to come on-stream this year. The initial
production of gold dore came from ore mined in the Amun Zone of the
Sukari hill and represents Egypt's first modern day gold production. The
4mtpa capacity plant will attain production rates of around 200,000 oz Au
per annum by year end. Centamin is currently stockpiling ore in
anticipation of a ramp up in production later this year.

The delivery of initial gold production in June 2009 is testament to the
extraordinary hard work and professionalism of the entire team at
Centamin and the co-operation of the Egyptian Government in particular
His Excellency Sameh Fahmy, Minister for Petroleum and Mineral Resources.
We look forward to updating stakeholders further on progress of the
project over the coming months."

Photographs of the first gold pour are available on the Company's website
www.centamin.com.

For Centamin Egypt Limited

Josef El-Raghy, Managing Director/CEO

29 June 2009

Quality Assurance and Control and Qualified Person

The information in this report that relates to ore reserves has been
compiled by Mr Tadek Wojtowicz and internally reviewed by Mr Andrew
Pardey. Mr Pardey is a Member of the Australasian Institute of Mining and
Metallurgy and is a full time employee of the Company. He has sufficient
experience which is relevant to the style of mineralisation and type of
deposit under consideration and to the activity he is undertaking, to
qualify as a "Competent Person" as defined in the 2004 Edition of the
"Australasian Code for Reporting of Exploration Results, Mineral
Resources and Ore Reserves" and is a "Qualified Person" as defined in the
"National Instrument 43-101 of the Canadian Securities Administrators"
and "CIM Definition Standards For Mineral Resources and Mineral Reserves"
of December 2005 as prepared by the CIM Standing Committee on Reserve
Definitions of the Canadian Institute of Mining. Mr Pardey's written
consent has been received by the Company for this information to be
included in this report in the form and context which it appears.

The information in this report that relates to ore reserves has also been
independently verified by Mr Pieter Doelman, an employee of Coffey Mining
Pty Ltd Perth. Mr Doelman is a Member of the Australasian Institute of
Mining and Metallurgy and has sufficient experience, relevant to the
style of mineralisation and type of deposit under consideration and to
the activity he is undertaking, to qualify as a "Competent Person" as
defined in the 2004 Edition of the "Australasian Code for Reporting of
Exploration Results, Mineral Resources and Ore Reserves" and is a
"Qualified Person" as defined in the "National Instrument 43-101 of the
Canadian Securities Administrators" and the "CIM Definition Standards For
Mineral Resources and Mineral Reserves" of December 2005 as prepared by
the CIM Standing Committee on Reserve Definitions of the Canadian
Institute of Mining. Mr Doelman consents to the inclusion of this
estimate in reports.

Information in this report which relates to exploration, geology,
sampling and drilling is based on information compiled by geologist Mr
Richard Osman who is a full time employee of the Company, and is a member
of the Australasian Institute of Mining and Metallurgy with more than
five years experience in the fields of activity being reported on, and is
a 'Competent Person' for this purpose and is a "Qualified Person" as
defined in "National Instrument 43-101 of the Canadian Securities
Administrators". His written consent has been received by the Company for
this information to be included in this report in the form and context
which it appears.

The assay samples were analysed by Ultra Trace Pty Ltd, Canning Vale,
Western Australia.

The information in this report that relates to mineral resources is based
on work completed independently by Mr Nicolas Johnson, who is a Member of
the Australian Institute of Geoscientists. Mr Johnson is a full time
employee of Hellman and Schofield Pty Ltd and has sufficient experience
which is relevant to the style of mineralisation and type of deposit
under consideration and to the activity which he is undertaking to
qualify as a "Competent Person" as defined in the 2004 edition of the
"Australasian Code for Reporting of Exploration Results, Mineral
Resources and Ore Reserves" and is a "Qualified Person" as defined in
"National Instrument 43-101 of the Canadian Securities Administrators".
Mr Johnson consents to the inclusion in the report of the matters based
on his information in the form and context in which it appears.

Refer to the Technical Report which was filed in May 2009 for further
discussion of the extent to which the estimate of mineral
resources/reserves may be materially affected by any known environmental,
permitting, legal, title, taxation, socio-political, marketing or other
relevant issue.

ABN 86 007 700 352

Contacts:
Centamin Egypt Limited
Josef El-Raghy
+ 61 (8) 9316 2640
+ 61 (8) 9316 2650 (FAX)
Email: centamin@centamin.com.au
Website: www.centamin.com

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Bobby Morse
+ 44 (0) 207 7466 5000

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Ben Willey
+ 44 (0) 207 7466 5000

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Katharine Sutton
+ 44 (0) 207 7466 5000

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Richard Brown
+ 44 (0) 207 7634 4700

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+ 44 (0) 207 7634 4700

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