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� Version fran�aise

MANA START-UP SCHEDULED FOR FEBRUARY

Montreal, Quebec, February 19, 2008. - SEMAFO (TSX � SMF) today announced that mill start-up has taken place at its Mana Gold Mine in Burkina Faso. This process progressively integrates the different plant circuits leading to continuous production and culminating in a first gold pour scheduled in the second half of March 2008. Start-up was initiated on February 15th and is currently proceeding as per plan.

Production is commencing with the first of two ball mills planned for the plant. The first ball mill will provide a
daily throughput of 2,000 tonnes, for an estimated monthly gold production of 4,000 ounces. The second ball mill, once operational, will increase daily throughput to 4,000 tonnes and consequently increase monthly gold production to 10,000 ounces.

The second ball mill is scheduled to be in service in the third quarter of 2008. Accordingly, Mana gold
production for the year is anticipated to be between 60,000 and 70,000 ounces.

In guidance issued February 7, 2008, overall company cash operating costs for 2008 were estimated to be in
the $400-$450 per ounce range. These figures reflect a partial year of operation at Mana. Based on current
operating parameters and a full year of production at Mana, it is estimated that overall cash operating costs will drop to the $370-$410 per ounce range.

For more information contact:
MONTREAL:
Benoit La Salle,
President and CEO
Tel: (514) 744-4408
Fax: (514) 744-2291
E-mail: blasalle@semafo.com
RENMARK:
Tina Cameron
Tel.: (514) 939-3989
Fax: (514) 939-3717
E-Mail: tcameron@renmarkfinancial.com
More extensive information on Semafo can be found on our home page at www.semafo.com

NO REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED THE CONTENT OF THIS RELEASE

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In the News and Medias of Semafo Inc
1/24/2013Haywood lowers target on Semafo, but calls shares ‘cheap’
12/12/2012Semafo regains footing at gold mines as Q4 unfolds
7/12/2012Semafo's 30% investor dressing down - is it overkill?
7/5/2012Semafo holds steady on production guidance
6/19/2012Semafo hits gold over 10 kilometre strike
6/5/2012Semafo shuns Quebec for Africa to double gold output
3/14/2012Semafo posts 25% profit rise on higher gold output, price
11/1/2011Recognized as One of Canada's Most Admired Corporate Culture...
10/6/2011Semafo Q3 sales rise on higher gold output
10/4/2011Semafo to get grid power for Mana mine
7/7/2011Semafo says Q2 production in line with guidance
5/31/2011Semafo misses Q1 profit estimates
1/20/2011Semafo considers dual listing in Sweden
12/10/2010Semafo completes latest expansion at Burkina Faso mine
7/13/2010SEMAFO makes strong case on Niger gold mine agreement
7/12/2010SEMAFO Compliant with World Bank Extractive Industries Trans...
7/12/2010Niger committee says studies Semafo gold contract
7/9/2010Is Semafo facing an African gold take-away?
6/29/2010Reserves at Semafo's Mana mine increase
4/26/2010Sees better recovery in Burkina Faso
1/14/2010Semafo says '09 production up 24 pct, gives '10 outlook
11/10/2009Semafo profits up 18% on improved production and higher sale...
8/18/2009Semafo eyeing acquisitions in West Africa - CEO
5/21/2009Semafo's gold to generate solar power for inhabitants of Bur...
5/21/2009Semafo to develop solar power in Burkina Faso
1/29/2009Semafo to produce up to 240,000 ounces of gold in 2009
8/15/2008SEMAFO: Junior Gold Miner Shines
7/4/2008Burkina Faso opens its third gold mine in a year
Annual reports of Semafo Inc
2008 Annual report
2007 Annual Report
Annual Report 2006
Financings of Semafo Inc
6/2/2009Semafo raises C$40,5m in bought deal offering
Option Grants of Semafo Inc
5/16/2012Declares a Second Dividend of CA $0.02 per Share
Nominations of Semafo Inc
9/13/2007Appoints Mana Mine Manager
6/11/2007 Appointments to Management and Board of Directors
Financials of Semafo Inc
5/13/2013Releases First Quarter 2013 Results
8/8/2012Releases Second Quarter 2012 Results
3/14/2012Reports 2011 Cash Flow from Operations of $172 Million
11/9/2011Reports Record Third Quarter Revenues, Operating Income and ...
3/17/2011Reports Record 2010 Cash Flow from Operations of $147.5 Mill...
11/12/2008Reports Net Earnings of $11.3 Million for the Third Quarter ...
8/12/2008Reports Net Earnings of $11.7 Million for the Second Quarter...
7/23/2008to Release Second Quarter Financial Results on August 12, 20...
5/15/2008Reports Net Earnings of $12.5 Million for the First Quarter ...
5/1/2008 to Release First Quarter Financial Results on May 14, 2008
4/15/2008Reports First Quarter 2008 Gold Production - Q1 Production E...
3/25/20082007 Financial Results - Gold production up by 12%
2/7/2008 Reports Operating Results for 2007 and Guidance for 2008
11/14/2007 Reports Third Quarter 2007 Results - 3rd Quarter Gold Produ...
8/14/2007Reports Second Quarter 2007 Financial Results
5/10/2007Reports First Quarter 2007 Financial Results
Project news of Semafo Inc
1/22/2013Achieves 2012 Production Guidance; Provides 2013 Production ...
10/27/2011(Mana)Infill Drilling Confirms High-Grade Mineralization at Mana's...
10/18/2011(Mana)Drills 4.07 g/t Au Over 43 Meters to Further Expand Wona SW ...
9/8/2011(Mana)Plans to Increase Mana's Processing Capacity by 6,000 Tonnes...
8/9/2011(Mana)Initial Drill Results at Mana's Massala-Saoura Include 6.77 ...
7/22/2011(Mana)Drills 4.29 g/t Au over 25 Meters at Mana's Fofina Area
6/28/2011(Mana)Yaho Zone More Than Doubles Strike Length to Over 1.5 kilome...
5/12/2011(Mana)Further Expands Mana's Wona SW Zone Results Include 4.17 g/t...
4/18/2011(Mana)Business as Usual for SEMAFO's Mana Mine in Burkina Faso
3/31/2011(Mana)Announces Completion of Mana Underground Feasibility Study: ...
3/13/2011(Mana)Discovers New Gold Zone with 2.27 g/t Au Across 54 Meters
2/28/2011(Kiniero)Total Reserves and M&I Resources Top 6.0 Million Ounces, Inf...
2/28/2011(Mana)Total Reserves and M&I Resources Top 6.0 Million Ounces, Inf...
2/28/2011(Samira Hill)Total Reserves and M&I Resources Top 6.0 Million Ounces, Inf...
2/8/2011(Mana)to Augment Mana Plant Capacity
2/1/2011(Mana) Fobiri Area Returns Mineralization Over 1.4 Kilometers at M...
1/18/2011(Mana) Geophysical Surveys Add New Prospective Targets at Mana
1/11/2011(Mana)Delivers Record Gold Production in 2010
12/9/2010(Mana)Successfully Completes Phase III of Mana Plant Expansion
9/9/2010(Mana)Confirms Continuity of Mineralization at Mana's Kona Zone De...
6/17/2010(Mana)Discovers New Fofina Gold Zone with Intersects of up to 4.12...
6/1/2010(Mana)Phase II of Plant Expansion on Track
4/14/2010(Mana)Auger Drilling Programs Generate More Than 9.5 kilometers of...
3/23/2009(Kiniero)Gold Reserves and Resources Update
2/25/2009(Mana)to Proceed With Deep Drilling Exploration Program at Mana
1/8/2009(Mana): Record Gold Production of 195 500 ounces for 2008, 84% Hig...
12/30/2008(Kiniero)Guinea - Kiniero Operations Update
9/4/2008(Mana)New Ball Mill at Mana Increases Production
8/7/2008At-depth High-grade Extension Results at Mana
7/29/2008(Mana)Commissions 4,000 Tonne-per-Day Ball Mill at Mana
6/17/2008Drilling Results Continue to Extend Gold Mineralization at M...
5/6/2008(Mana)Mana Mine Achieves Production Target
3/24/2008High Grade Zone Deepening at Mana
1/29/2008(Mana)MANA START-UP SCHEDULED FOR FEBRUARY
1/17/2008(Kiniero)Extends West Balan Gold Zone 700m to Reach 1.6 km
1/10/2008(Kiniero)Granted West Balan Mining License
11/20/2007(Mana) Reports Definition Drilling Results on Mana Nyafe Deposit
9/18/2007(Mana)Mana Mine Construction Update
6/20/2007Highlights of Exploration Progams: Kiniero, Guinea and Sami...
6/13/2007Mana - Extension Of The Wona Deposit Intersects 3.42 G/T Au ...
5/8/2007(Mana)Mana Mine Construction Update
6/6/2006More high grade results from Mana's Nyafe deposit
Corporate news of Semafo Inc
5/7/2013Provides Notice of First Quarter 2013 Results Release and Co...
5/1/2013(Mana)Delineation Drilling at Mana's Siou Sector Confirms Minerali...
3/20/2013Siou Deep Drilling Opens South Extension Potential
3/12/2013(Samira Hill)to Include a Non-Cash Impairment Charge for Samira Hill in t...
2/28/2013Changed Number of Shares and Votes in SEMAFO
2/21/2013/One Million Ounces of Initial In-pit Inferred Resources at ...
2/7/2013Reports Continuous Near-Surface High Grades at Siou: Shallow...
1/28/2013Over 95% Gold Recovery at Siou in Both Oxide and Sulphide Ro...
12/11/2012(Mana)Provides Production Update: Additional Exploration Budget of...
11/20/2012Confirms Continuity of the High Grade Siou Zone: Including V...
11/6/2012Declares Dividend of C$0.02 per Share
10/18/2012Intersects Higher Grade Mineralization at Yaho
10/10/2012Announces Third Quarter Gold Production of 52,300 Ounces
9/28/2012Changed Number of Shares and Votes in SEMAFO
9/13/2012Appoints Robert LaValliere, Vice-President Investor Relation...
7/5/2012Announces Second Quarter Gold Production of 60,500 Ounces
4/10/2012Announces First Quarter 2012 Gold Production of 60,900 Ounce...
3/6/2012to Release 2011 Fourth Quarter and Year-End Financial Result...
1/30/2012Provides 2012 Outlook
1/11/2012Meets 2011 Annual Guidance with Production of 250,100 Ounces...
9/28/2011Applies for Secondary Listing on NASDAQ OMX
7/6/2011Announces Second Quarter Production of 63,800 Ounces of Gold
5/30/2011Net Income Increases 70% to $20.4 Million for the First Quar...
4/11/2011Produces 60,000 Ounces of Gold in Q1 2011
1/27/2011Provides 2011 Outlook
1/20/2011Explores Possible Dual Listing in Europe
3/17/2009Reports Record Net Earnings of $39.5 Million for 2008
3/9/2009Managing Director of Semafo Guinea Elected President of the ...
1/29/2009to Produce Up to 240,000 Ounces of Gold in 2009
12/4/2008Announces Record Gold Production for November
10/7/2008Another Strong Quarter for Semafo - Q3 Gold Production Total...
9/9/2008: Potential Plant Capacity Increases at Mana
7/8/2008Produces 54,500 Ounces of Gold in Q2
7/2/2008Announces Inauguration of its Mana Mine
6/23/2008Elects John LeBoutillier Lead Director; Jean Lamarre Becomes...
5/20/2008Receives 2008 Alpha Award - Award of Distinction for Environ...
4/29/2008Commended for Corporate Social Responsibility
4/16/2008Q1 PRODUCTION EXCEEDS GUIDANCE
4/2/2008First Gold Pour at Mana
3/25/2008 Gold Reserves and Resources Update
3/19/2008 Mana Mill Commissioning on Schedule
1/15/2008Discovers Two New Gold Zones at Samira Hill, Niger
10/24/2007 Kiniero Mine Update
10/11/2007Concludes Mana Gold Project Mining Convention
9/11/2007: Action Plan Implemented at Kiniero Mine
7/16/2007Mana Mine Construction Update
5/4/2007Forms Technical Team To Manage Uranium Exploration Activitie...
4/10/2007Awarded 5 Uranium Exploration Permits In Niger
3/30/2006Results for December 31, 2005
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TORONTO (SMF.TO)OTHER OTC (SEMFF.PK)
1.80+4.05%1.71+4.91%
TORONTO
CA$ 1.80
05/24 16:00 0.070
4.05%
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Year l/h YTD var.
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