TORONTO, ONTARIO--(Marketwire - April 1, 2011) - In accordance with Listing Rule 9.6.11R(3), Centamin Egypt Limited ("Centamin" or "the Company") (TSX:CEE)(News - Market indicators) announces that following the recent appointments of Mr Edward Haslam, Mr Mark Bankes and Mr Mark Arnesen and the impending retirement of Mr Colin Cowden and Dr Tom Elder, the Company's Board Committees have been restructured, effective immediately. The Company has also established a new Health Safety Environmental and Social ("HSES") Board Committee and reconstituted the Audit Committee as the Audit and Risk Committee.

Following these changes, the Board Committee composition is as follows:

• Audit and Risk Committee – Mark Arnesen (Chair), Mark Bankes, Edward Haslam

• Nomination and Remuneration Committee – Edward Haslam (Chair), Mark Arnesen, Robert Bowker

• Compliance / Corporate Governance Committee – Mark Bankes (Chair), Robert Bowker, Edward Haslam

• HSES Committee – Robert Bowker (Chair), Mark Arnesen, Mark Bankes

ABN 86 007 700 352