TIDMCEY 
 
RNS Number : 9947H 
Centamin Egypt Limited 
03 March 2010 
 

 
 
 Immediate Release 
 
03 March 2010 
 
 
 
              Centamin Egypt Limited ("Centamin" or "the Company") 
                               (LSE:CEY, TSX:CEE) 
 
 
                            CHANGES TO CENTAMIN BOARD 
 
Centamin Egypt Limited is pleased to announce the following Board changes: 
 
v Appointment of Harry Michael as Chief Executive Officer 
v Current CEO, Josef El Raghy becomes Chairman 
 
Harry Michael (age 47) joins the Board of Centamin with immediate effect as 
Chief Executive Officer. Mr Michael was Executive Director, Chief Operating 
Officer and Vice President of Operations of Equinox Minerals Limited (TSX:EQN), 
between 2004 and 2009 where he oversaw the development, commissioning and 
operation of the large scale Lumwana Copper Mine in Zambia, one of the largest 
new copper mines to be developed in recent years.  In addition he was 
responsible for all Government negotiations in securing various fiscal and other 
operating licence agreements necessary for project development. Prior to joining 
Equinox, he was responsible for completing the bankable feasibility study 
("BFS") for the Sukari Gold Project, Centamin's flagship mine, during 2003 and 
2004.  His past experience includes the role of Chief Executive Officer of Geita 
Gold Mine (AngloGold Ashanti) in Tanzania from 1998 to 2002, one of the largest 
gold mines in Africa, producing 500,000 ounces of gold per annum, where he was 
responsible for the construction and operation of the mine.  Prior to this, Mr 
Michael was General Manager of the Iduapriem Gold Mine in Ghana (AngloGold 
Ashanti) from 1995 to 1998 and was responsible for various CIL and Heap Leach 
expansions as well as operations. He has held senior management roles in Granny 
Smith Gold Mine in Western Australia (Barrick Gold - 1994 to 1998) and Porgera 
Gold Mine in Papua New Guinea (majority owned by Barrick - 1990 to 1994) as well 
as other operational roles in the gold and iron ore sectors of the Australian 
mining industry. 
 
Mr Michael has also held a non executive director position with Red Back Mining 
Inc (TSX:RBI) since 2003, playing a key role in the growth and strategic 
direction of the company during the time while Redback grew from and explorer 
through to a major gold producer.  Mr Michael has not held any other 
directorships in public companies during the previous five years and does not 
currently hold any shares in Centamin. There are no other details to disclose 
under paragraph 9.6.13 of the Listing Rules of the London Stock Exchange. 
 
Josef El-Raghy, currently Managing Director and Chief Executive Officer, becomes 
Executive Chairman of Centamin with immediate effect. With the construction and 
commissioning of the Sukari Gold Project largely completed, Mr El-Raghy will 
devote a larger proportion of his time to Centamin's growth strategy, 
shareholders and other key stakeholders of the Company. This disclosure is made 
pursuant to paragraph 9.6.14R of the Listing Rules of the London Stock Exchange. 
 
Commenting on the appointment of Mr Michael, Josef El-Raghy said: 
 
"I am delighted that an individual of Harry's calibre is joining Centamin. 
Having worked with the Company and many of its Management team before, Harry has 
an in depth understanding of the potential of Sukari. With the successful 
delivery of Equinox's Lumwana Copper Mine, amongst other large scale projects, 
we believe Harry, alongside Executive Director Trevor Schultz, will successfully 
drive operating excellence and growth at Sukari as it ramps-up to be a world 
class, long life, robust gold mine." 
 
For Centamin Egypt Limited 
 
Josef El-Raghy 
Chairman 
03 March 2010 
 
For more information please contact: 
 
+------------------------------------+-----------------------------------+ 
| Centamin Egypt Limited             |   Buchanan Communications Limited | 
| + 61 (8) 9316 2640                 |            + 44 (0) 207 7466 5000 | 
| Josef El-Raghy                     |                       Bobby Morse | 
| www.centamin.com                   |                  Katharine Sutton | 
+------------------------------------+-----------------------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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