BOARD COMMITTEE CHANGES

Immediate Release 1 April 2011

Centamin Egypt Limited ("Centamin" or "the Company")

(LSE:CEY, TSX:CEE)

BOARD COMMITTEE CHANGES

In accordance with Listing Rule 9.6.11R(3), Centamin Egypt Limited 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:

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

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

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

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

For Centamin Egypt Limited

Heidi Brown

Company Secretary

01 April 2011