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Press release from Marketwire

2013 Production Guidance Update

Thursday, March 14, 2013

2013 Production Guidance Update03:00 EDT Thursday, March 14, 2013PERTH, AUSTRALIA--(Marketwire - March 14, 2013) -For immediate release 14 March 2013 Centamin plc ("Centamin" or "the Company") (LSE:CEY, TSX:CEE) 2013 Production Guidance UpdateCentamin is pleased to advise forecast production for the year 2013from the Sukari Gold Mine of 320,000 ounces gold at a cash operatingcost of US$700 per ounce with fuel at international prices Thisrepresents a 22% increase on the production delivered in 2012 and willmark the third successive year of output growth at Sukari on the pathtowards our long-term target of 450-500,000 ounces per annum from 2015onwards.The Stage 4 expansion project has experienced some delays for keyitems, materials and services. We now anticipate the bulk ofcommissioning activities of the expanded plant will commence during thesecond half of 2013, although there is no change to our expectationthat the plant will be fully operational before the end of the year.Partly as a result of these delays, as well as general cost inflation,our estimate for the total capital cost of Stage 4 is now US$325million, including contingency, as compared with the previous US$287.6million, excluding contingency.We look forward to providing our results for the year ended 31 December2012 on 27 March.For more information please contact:Centamin plc BuchananJosef El-Raghy, Chairman Bobby MorseAndy Davidson, Head of Business Development and Cornelia BrowneInvestor Relations Gabriella Clinkard(andy.davidson@centamin.co.uk) + 44 (0) 20 7466+44 (0) 20 7569 50001671 This information is provided by RNS The company news service from the London Stock ExchangeENDFOR FURTHER INFORMATION PLEASE CONTACT: Contact Information: RNSCustomerServices0044-207797-4400rns@londonstockexchange.comhttp://www.rns.com