Centamin Egypt Limited Board Committee Changes

TORONTO, ONTARIO -- (Marketwire) -- 04/01/11 -- In accordance with Listing Rule 9.6.11R(3), Centamin Egypt Limited ('Centamin' or 'the Company') (TSX: CEE)(LSE: CEY) announces that following the recent appointments of Mr Edward Haslam, Mr Mark Bankes and Mr Mark Arnesen and the impending retirement of Mr Colin Cowden and Dr Tom Elder, the Company's Board Committees have been restructured, effective immediately. The Company has also established a new Health Safety Environmental and Social ('HSES') Board Committee and reconstituted the Audit Committee as the Audit and Risk Committee.

Following these changes, the Board Committee composition is as follows:

--  Audit and Risk Committee - Mark Arnesen (Chair), Mark Bankes, Edward
    Haslam

--  Nomination and Remuneration Committee - Edward Haslam (Chair), Mark
    Arnesen, Robert Bowker

--  Compliance / Corporate Governance Committee - Mark Bankes (Chair),
    Robert Bowker, Edward Haslam

--  HSES Committee - Robert Bowker (Chair), Mark Arnesen, Mark Bankes


For Centamin Egypt Limited

Heidi Brown
Company Secretary
01 April 2011

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

Katharine Sutton

44 (0) 207 7466 5000