Central African Gold Plc / Ticker: CAN / Index: AIM / Sector: Mining & Exploration

20 March 2008

Central African Gold Plc (“CAG” or “the Company”)

Production Update at Bibiani

Central African Gold Plc, the AIM quoted gold mining and exploration company, announces an update on production at the Bibiani gold mine in Ghana. The Company is please to report that it achieved a total of 24,391oz of gold sold, in line with the previous guidance provided on 14 November 2007. In addition, CAG’s underground development at Bibiani continues to build momentum and the Company is confident that total production for 2008 will increase to an annualised rate of 100,000oz per annum by the year end.

A further update of CAG’s activities and production levels will be announced at the time of release of the Company’s Preliminary statement. 

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For further information please visit www.centralafricangold.com or contact:

Central African Gold Plc

Greg Hunter/Nicole Broome                                         Tel:       +27 (0) 11 676 2500

In London:

St Brides Media & Finance Ltd

Hugo de Salis/Felicity Edwards                         Tel:       +44 (0) 20 7242 4477

Strand Partners Limited

Simon Raggett/Braden Saunders                                   Tel:       +44 (0) 20 7409 3494

RBC Capital Markets

Martin Eales/Andrew Smith                                          Tel:       +44 (0) 20 7029 7881

In South Africa:

Russell and Associates

Charmane Russell                                                         Tel:       + 27 (0) 11 880 3924

Notes to Editors:

Central African Gold Plc, admitted to AIM in April 2004, was established to acquire gold assets with a geographical focus on Africa. The Company has established a sound portfolio with projects in Ghana, Mali, Zimbabwe and Botswana. It has a highly experienced management team, which has worked together for four years managing six underground greenstone gold mining operations and building exploration portfolios.

CAG’s portfolio includes the producing Bibiani gold mine and prospecting licences in Ghana, which it acquired from AngloGold Ashanti Limited, three joint ventures in Mali covering 22 prospective permits and a licence in Botswana covering the extension of the Kraaipan greenstone belt from South Africa. In addition, CAG acquired five mines and extensive exploration properties in Zimbabwe. The management team is evaluating additional prospects in Africa to establish CAG as a leading mid-tier African gold producer with world class exploration and production assets

Felicity Edwards

St Brides Media and Finance Ltd

Chaucer House

38 Bow Lane

London

EC4M 9AY

Tel: +44 (0) 207 236 1177

Mob: +44 (0) 7748 843871

Fax: +44 (0) 207 236 1188

Email: felicity@sbmf.co.uk

Web: www.sbmf.co.uk