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Press release from Marketwire

Centerra Gold Kumtor Mine Work Stoppage Update

Tuesday, February 14, 2012

Centerra Gold Kumtor Mine Work Stoppage Update13:09 EST Tuesday, February 14, 2012TORONTO, ONTARIO--(Marketwire - Feb. 14, 2012) - Centerra Gold Inc. (TSX:CG) reported today that the unionized employees at its Kumtor operation in the Kyrgyz Republic remain on strike. The Company believes this is an illegal strike. The Kumtor operation is currently suspended except for a minimal amount of mining to manage the pit wall and other essential services. All other mining, processing and exploration work remains suspended.About Centerra Centerra Gold Inc. is a gold mining company focused on operating, developing, exploring and acquiring gold properties primarily in Asia, the former Soviet Union and other emerging markets worldwide. Centerra is a leading North American-based gold producer and is the largest Western-based gold producer in Central Asia. Centerra's shares trade on the Toronto Stock Exchange (TSX) under the symbol CG. The Company is headquartered in Toronto, Ontario, Canada.Additional information Additional information on Centerra is available on the Company's website at www.centerragold.com and on SEDAR at www.sedar.com.FOR FURTHER INFORMATION PLEASE CONTACT: John W. PearsonCenterra Gold Inc.Vice President, Investor Relations416-204-1241john.pearson@centerragold.comwww.centerragold.com