RNS Number:5959S
Centamin Egypt Limited
28 November 2003


                             Centamin Egypt Limited

                       Statement re Depository Interests


Centamin Egypt Limited ("Centamin" or the "Company") is pleased to announce that
its London listed ordinary shares will be able to be traded within CREST through
Depository Interests.


The following is an extract from CREST's operation bulletin number 827,
providing technical information on trading through CREST.


"With effect from 28 November 2003, CREST members will be able to hold and
transfer interests in Centamin Egypt Limited ordinary shares of no par value
(the "Shares") (ISIN number AU000000CNT2) within CREST, pursuant to a depositary
interest arrangement established by the Company, which is incorporated in
Australia.


The Shares will not themselves be admitted to CREST; the Company has arranged
for Computershare Investor Services PLC (the "Issuer") to issue depositary
interests in respect of the underlying Shares ("Depository Interests"). These
Depository Interests may be held and transferred within CREST. The Depository
Interests will be created and issued pursuant to a Deed Poll executed by the
Issuer under English law, copies of which are available from it, and the
provisions of the Deed Poll are expressed to bind all holders future and
present.


In CREST, the Depository Interests will carry the same ISIN as the Shares. It
will be open to members, should they wish to do so, to hold and transfer
Centamin Egypt Limited's shares by way of the CREST residual settlement
mechanism.


If CREST members wish to avail themselves of this facility, they can do so by
inputting a stock deposit in the usual way. The Company has informed CRESTCo
that (1) a CREST transfer form or dematerialisation form lodged as a stock
deposit will be deemed to constitute a transfer of the Shares to the Issuer, who
will issue corresponding Depositary Interests in CREST to the depositing member/
transferee; and (2) in a similar way, a stock withdrawal will be deemed to
constitute an instruction to the Issuer to cancel the depository interest and
effect a transfer of the shares to the person specified in the instruction."


The Company believes that trading Centamin Egypt Depositary Interests within
CREST will enable shareholders to trade and hold shares more effectively and
this will help to improve liquidity in the London market for its shares.



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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