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Closing over-allotment option

20th Apr 2007 14:15

Centamin Egypt Limited20 April 2007 Centamin Egypt Limited ("the Company") Centamin Egypt Limited Announces Closing of Over-Allotment Option Centamin Egypt Limited (TSX:CEE, AIM:CEY, ASX:CNT) is pleased to announce thatin connection with its previously announced Canadian prospectus offering (the"Offering") Westwind Partners Inc (the "Agent") has fully exercised theover-allotment option for an additional 12,271,665 ordinary shares at C$0.86 pershare. The over-allotment option, which closed today, raised additional grossproceeds of approximately C$10.5 million (GBP 4.6 million or A$11.2 million). The proceeds from the Offering are to be used for partial funding of thedevelopment of the Sukari project, drilling to test for extensions to resourcesat the Sukari project, regional exploration programs, working capital, generalcorporate purposes, and expenses of the Offering. For more information please contact: Centamin Egypt LimitedTel : + 61 (8) 9316 2640Josef El-Raghywww.centamin.com Bishopsgate Communications LtdTel : + 44 (0) 20 7562 3350Maxine Barnes / Nick Romewww.bishopsgatecommunications.com Evolution SecuritiesTel : + 44 (0) 20 7071 4300Frank Moxon / Simon Leatherswww.evosecurities.com April 20, 2007 Not for distribution to U.S. news wire services or dissemination in the UnitedStates This information is provided by RNS The company news service from the London Stock Exchange

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Centamin PLC
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