Centerra Gold Inc.

Centerra Gold Inc.

March 01, 2005 06:00 ET

Centerra Gold's Kumtor Mine Resumes Transport of Employees and Supplies


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: CENTERRA GOLD INC.

TSX SYMBOL: CG

MARCH 1, 2005 - 06:00 ET

Centerra Gold's Kumtor Mine Resumes Transport of
Employees and Supplies

TORONTO, ONTARIO--(CCNMatthews - March 1, 2005) - Centerra Gold Inc.
(TSX:CG) today reported that since February 26, 2005, its Kumtor mine,
in the Kyrgyz Republic, has resumed the transport of employees and
supplies to and from the minesite. Kumtor's ability to transport its
employees and supplies was affected, since February 22, 2005 by
roadblocks on public highways related to Parliamentary elections held on
February 27th.

The mine expects to fully return to normal operations by Wednesday,
March 2, 2005. Kumtor's forecast production of 131,000 ounces and
512,000 ounces for the 2005 first quarter and year respectively, remain
unchanged.

About Centerra

Centerra is a growth-oriented, pure-play gold company focused on
acquiring, exploring, developing and operating gold properties primarily
in Central Asia, the former Soviet Union and other emerging markets. The
two gold mines operated by the Company produced 903,030 ounces in 2004
at a total cash cost of about $189 per ounce. Centerra is a leading
North American based gold producer and the largest Western-based gold
producer in Central Asia and the former Soviet Union. Centerra's shares
trade on the Toronto Stock Exchange (TSX) under the symbol CG. The
Company is based in Toronto, Canada.

Additional information on Centerra is available on the Company's web
site at www.centerragold.com and at SEDAR at www.sedar.com.

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