Immediate Release                                                                                                                                        01 February 2010

Centamin Egypt Limited ("Centamin" or "the Company")

(LSE:CEY, TSX:CEE)

COMPLETION OF DELISTING FROM THE AUSTRALIAN SECURITIES EXCHANGE ("ASX")

Centamin wishes to advise that the delisting of its shares from trading on the ASX ("the delisting") was completed, with effect from close of business on 29 January 2010.  Centamin's Primary Listing is on the Official List of the London Stock Exchange and the Company will continue to maintain its listing on the Toronto Stock Exchange.

In addition, Centamin has appointed Bank of America Merrill Lynch to act as its joint corporate broker alongside Ambrian Partners.

Commenting on the delisting, Josef El-Raghy, Managing Director/CEO of Centamin, stated:

"The ASX listing has been a vital platform during our early days as an exploration company and we have benefited from the support that ASX has provided over the years. Now as a gold company with a Primary Listing in London, we see these appointments as being in keeping with the Company's evolution."

On behalf of Centamin Egypt Limited

Josef El-Raghy

Managing Director/CEO

01 February 2010

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