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Sunday, November 08, 2009

Centamin Egypt Limited (TSX: CEE.TO)(ASX: CNT.AX)(AIM: CEY): First Day of Dealings on the Official List

Centamin Egypt Limited (TSX: CEE.TO)(ASX: CNT.AX)(AIM: CEY): First Day of Dealings on the Official List

TORONTO, ONTARIO--- Nov. 6, 2009 - Centamin Egypt Limited (TSX: CEE.TO)(ASX: CNT.AX)(AIM: CEY) announces that its entire issued ordinary share capital will today be admitted to the Official List of the Financial Services Authority and to London Stock Exchange plc's main market for listed securities ("Admission"). Cancellation of trading in the ordinary shares of Centamin on AIM and dealings in the ordinary shares of the Company on the London Stock Exchange's main market will take place simultaneously today at 8.00 am.

Copies of the prospectus prepared by the Company in connection with the Admission are available free of charge from the office of Baker & McKenzie LLP, English legal advisors to the Company, at 100 New Bridge Street, London, EC4V 6JA, United Kingdom during normal business hours and on the Company's website www.centamin.com. The prospectus is also available for inspection at the United Kingdom Listing Authority's Document Viewing Facility situated at: Financial Services Authority, 25 The North Colonnade, Canary Wharf, London E14 5HS.

Josef El-Raghy, Managing Director/CEO of Centamin, commented:

"For the last 8 years Aim has provided Centamin with the platform to grow its business and help raise the capital required to build what is the largest gold resource outside of the major gold companies to come into production this year. With the Sukari Gold Project coming on-stream today's promotion to the Main Market of the London Stock Exchange marks the next chapter for growing our business into a significant mid-tier gold producer."

Tracey Pierce, Head of Equity Capital Markets at London Stock Exchange Group, said:

"We are delighted to welcome Centamin Egypt to the Main Market today. As the sixth company this year to make the move from AIM to the Main Market, Centamin has been one of AIM's biggest success stories, increasing its market capitalisation by over sixty times since its admission in 2001, illustrating the valuable role the market plays in facilitating the growth of smaller companies.

"The company's choice to consolidate its international listings in London is a reflection of the strength and international profile of the London markets, and Centamin follows a number of other ambitious mining companies that have used the London Stock Exchange as a springboard for their global ambitions."

For Centamin Egypt Limited

Josef El-Raghy, Managing Director/CEO

Important Notice

This announcement does not constitute or form part of any offer or invitation or solicitation of any offer or invitation to sell or subscribe for or purchase any securities in the Company or any other entity. This announcement has been issued by, and is the sole responsibility of, the Company.

Investec Bank plc which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for the Company as its sponsor and joint financial advisor and no-one else in connection with the Admission and will not regard any other person as its client or be responsible to any person other than the Company for providing the protections afforded to its clients or for advising any other person on the contents of this document.

Ambrian Partners Limited, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for the Company as its joint financial advisor and no-one else in connection with the Admission and will not regard any other person as its client or be responsible to any person other than the Company for providing the protections afforded to its clients or for advising any other person on the contents of this document.

ABN 86 007 700 352

Contacts

Josef El-Raghy Centamin Egypt Limited + 61 (8) 9316 2640 + 61 (8) 9316 2640 www.centamin.com

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