CEE Centamin Plc

Centamin Egypt Limited ("Centamin" or "the Company") (TSX: CEE)(LSE: CEY)(ASX: CNT), as announced on 29 October 2009, applied to the Australian Securities Exchange Ltd ("ASX") and was given approval under Listing Rule 17.11 for the Company to be removed from the ASX official list subject to certain conditions, which have or will be met.

The Company wishes to advise that Centamin will be suspended from quotation on the ASX from the close of business on 21 January 2010, and removed from the ASX official list on 29 January 2010 ("the Removal Date"). Trading in Centamin shares will continue on an uninterrupted basis on the ASX, LSE and TSX until 21 January 2010, after which Centamin shares will be quoted on the LSE and TSX only.

As previously advised, any shareholder who remains registered on the Company's Australian share register ("Australian Shareholders") on the Removal Date will be issued a share certificate representing their holding. This share certificate should be kept in a safe place as it is evidence of the shareholding. Computershare will remain the custodian of the share register.

There will be NO change to your shareholding - your rights and entitlements will be protected under the Corporations Law and the Company's Constitution.

To assist Australian Shareholders who may want to transact Centamin shares on the LSE or the TSX following Centamin's removal from the ASX official list, the Company has entered into an agreement with Southern Cross Equities Limited, which has agreed to facilitate trading in Centamin shares for a period of three months following the delisting. Shareholders can contact either David Keogh or Les Blake on at Southern Cross Equities on + 61 2 8224 2887 or + 61 2 8224 2832.

Alternatively, shareholders can contact their own broker to arrange the transfer of their shares.

UK domiciled holders are advised to contact their UK broker to arrange the transfer of their shares into the Depository Interest facility in the UK. Canadian domiciled holders can arrange for their shares to be transferred to the Canadian Register by completing an Australia to Canada removal request form and submitting it to Computershare/their local broker along with their share certificate/SRN number. The shares can be deposited directly with a Canadian Participant at the Canadian Depository for Securities ("CDS") or the request can be to issue a Canadian share certificate.

For Centamin Egypt Limited

Josef El-Raghy, Managing Director/CEO

14 January 2010

ABN 86 007 700 352

Contacts: Centamin Egypt Limited Josef El-Raghy + 61 (8) 9316 2640 www.centamin.com Buchanan Communications Limited Bobby Morse + 44 (0) 207 7466 5000 Buchanan Communications Limited Ben Willey + 44 (0) 207 7466 5000