SOURCE: Centamin plc

February 21, 2013 03:51 ET

Participation in Placing

PERTH, AUSTRALIA--(Marketwire - Feb 21, 2013) - Centamin plc (LSE: CEY) (TSX: CEE)

For immediate release                                   21 February 2013

                  Centamin plc ("Centamin" or "the Company")
                             (LSE:CEY, TSX:CEE)

                          Participation in Placing

Centamin plc ("Centamin" or "the Company") (LSE: CEY, TSX: CEE)
announces that it has subscribed for 38,475,000 new ordinary shares for
a consideration of GBP769,500 in the firm placing ("the Firm Placing"),
and a further 42,525,000 new ordinary shares for a consideration of
GBP850,500 in the conditional placing ("the Conditional Placing")
announced by Nyota Minerals Limited ("Nyota") today.

Following the Firm Placing, Centamin will own 128,475,000 Ordinary
Shares in Nyota, equalling 17.00% of Nyota's enlarged share capital.
Following the Conditional Placing becoming unconditional in all
respects, Centamin will own 171,000,000 Ordinary Shares in Nyota,
equalling 19.87% of Nyota's enlarged share capital. Centamin was
previously the holder of 90,000,000 shares in Nyota via its wholly
owned subsidiary Centamin Holdings Limited.

Centamin views this investment as being in keeping with its stated
objective of exploration and development in the highly prospective
Arabian-Nubian Shield.

For more information please contact:

Centamin plc                                          Buchanan
Josef El-Raghy, Chairman                              Bobby Morse
Andy Davidson, Head of Business Development and       Cornelia Browne
Investor Relations                                    Gabriella Clinkard
( )
+44 (0) 20 7569 1671                                  +44(0)207 466 5000

                    This information is provided by RNS
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