CEE Centamin Plc

Centamin Egypt Limited ("Centamin" or "the Company")
(TSX:CEE)(LSE:CEY)(ASX:CNT), the gold mining group in Egypt, is pleased to
advise that the Sukari Gold Project has achieved yet another important milestone
with the commencement of gold exports to a nominated overseas gold refinery,
Johnson Matthey.


The commencement of gold exports from Sukari coincides with the achievement of
optimal design throughput at the Sukari Gold Project during December 2009. The
4mtpa processing facility is now performing in accordance with commercial
production standards and in line with design specifications. 


Sukari is the first modern commercial gold mine to be operated in Egypt, and has
a current mineral reserve of 142Mt @1.4g/t Au for 6.4Moz. The current mineral
resource stands at 210Mt @ 1.52g/t Au for 10.29Moz Measured and Indicated, and
66Mt @ 1.6g/t Au for 3.4Moz Inferred.


The achievement of the above milestones are a result of the extraordinary
efforts and dedication of the entire team at Centamin and the co-operation of
the Egyptian Government, in particular His Excellency Sameh Fahmy Minister for
Petroleum and Mineral Resources. 


We look forward to updating stakeholders on further progress of the Sukari Gold
Project in coming months as the exploration, development and production at
Sukari continues.


For Centamin Egypt Limited

Josef El-Raghy, Managing Director/CEO

11 January 2010

Quality Assurance and Control and Qualified Person

The information in this report that relates to ore reserves has been compiled
internally and reviewed by Mr Andrew Pardey. Mr Pardey is a Member of the
Australasian Institute of Mining and Metallurgy and is a full time employee of
the Company. He has sufficient experience which is relevant to the style of
mineralisation and type of deposit under consideration and to the activity he is
undertaking, to qualify as a "Competent Person" as defined in the 2004 Edition
of the "Australasian Code for Reporting of Exploration Results, Mineral
Resources and Ore Reserves" and is a "Qualified Person" as defined in the
"National Instrument 43-101 of the Canadian Securities Administrators" and "CIM
Definition Standards For Mineral Resources and Mineral Reserves" of December
2005 as prepared by the CIM Standing Committee on Reserve Definitions of the
Canadian Institute of Mining. Mr Pardey's written consent has been received by
the Company for this information to be included in this report in the form and
context which it appears.


The information in this report that relates to ore reserves has also been
independently verified by Mr Pieter Doelman, an employee of Coffey Mining Pty
Ltd Perth. Mr Doelman is a Member of the Australasian Institute of Mining and
Metallurgy and has sufficient experience, relevant to the style of
mineralisation and type of deposit under consideration and to the activity he is
undertaking, to qualify as a "Competent Person" as defined in the 2004 Edition
of the "Australasian Code for Reporting of Exploration Results, Mineral
Resources and Ore Reserves" and is a "Qualified Person" as defined in the
"National Instrument 43-101 of the Canadian Securities Administrators" and the
"CIM Definition Standards For Mineral Resources and Mineral Reserves" of
December 2005 as prepared by the CIM Standing Committee on Reserve Definitions
of the Canadian Institute of Mining. Mr Doelman consents to the inclusion of
this estimate in reports.


Information in this report which relates to exploration, geology, sampling and
drilling is based on information compiled by geologist Mr Richard Osman who is a
full time employee of the Company, and is a member of the Australasian Institute
of Mining and Metallurgy with more than five years experience in the fields of
activity being reported on, and is a 'Competent Person' for this purpose and is
a "Qualified Person" as defined in "National Instrument 43-101 of the Canadian
Securities Administrators". His written consent has been received by the Company
for this information to be included in this report in the form and context which
it appears. 


The assay samples were analysed by Ultra Trace Pty Ltd, Canning Vale, Western
Australia.


The information in this report that relates to mineral resources is based on
work completed independently by Mr Nicolas Johnson, who is a Member of the
Australian Institute of Geoscientists. Mr Johnson is a full time employee of
Hellman and Schofield Pty Ltd and has sufficient experience which is relevant to
the style of mineralisation and type of deposit under consideration and to the
activity which he is undertaking to qualify as a "Competent Person" as defined
in the 2004 edition of the "Australasian Code for Reporting of Exploration
Results, Mineral Resources and Ore Reserves" and is a "Qualified Person" as
defined in "National Instrument 43-101 of the Canadian Securities
Administrators". Mr Johnson consents to the inclusion in the report of the
matters based on his information in the form and context in which it appears.


Refer to the updated Technical Report which was filed in May 2009 for further
discussion of the extent to which the estimate of mineral resources/reserves may
be materially affected by any known environmental, permitting, legal, title,
taxation, socio-political, marketing or other relevant issue.


ABN 86 007 700 352

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