CTN Class A Common Shares

Centurion Minerals Ltd. (TSX VENTURE:CTN) ("Centurion", "the Company") wishes to
update its shareholders on the Company's project status and corporate
strategies.


The recently announced Indonesian presidential decree (No.24/2012) pursuant to
which international mining companies, beginning 5 years after production, will
be required to divest 51% of their interests in mining projects by year 10 of
production, has adversely affected share prices of mining and exploration
companies with Indonesian projects and created a level of uncertainty for future
investment.


Centurion is of the view that greater clarity on the practical implementation of
these proposed divestment regulations is required, and therefore intends to seek
clarification from its Aceh, Indonesian partners and Acehnese leaders following
the April 9th provincial elections in order to assess the impact of the new
regulations, if any, on the Company's operations.


Due to this decree, the Company is undertaking several strategic initiatives
including:




1.  Temporarily suspending exploration and drilling activities and
    expenditures on its Indonesian projects, including drilling activities
    on its Banda Raya project;
2.  Clarifying with its local partners and provincial leaders the
    implications of the decree on Acehnese projects;
3.  Reviewing and evaluating mineral exploration projects available for
    acquisition outside Indonesia;
4.  Reviewing and possibly amending terms of a previously announced non-
    brokered private placement; and
5.  Supporting and participating in planned foreign and Indonesian mining
    companies' lobbying efforts to have this decree repealed.



The Company's geological team will continue to assess results of field work
completed to date on the Banda Raya project and samples from drill holes
completed will be reported when assay results are received. Substantial progress
has been made in defining several promising epithermal gold prospects within its
Aceh properties, and subject to clarification of the impact of this decree,
Centurion remains committed to its prospective projects.


On Behalf of the Board,

David G. Tafel, President and CEO

This news release may contain forward looking statements concerning future
operations of Centurion Minerals Ltd. (the "Company"). All forward looking
statements concerning the Company's future plans and operations, including
management's assessment of the Company's project expectations or beliefs may be
subject to certain assumptions, risks and uncertainties beyond the Company's
control. Investors are cautioned that any such statements are not guarantees of
future performance and that actual performance and exploration and financial
results may differ materially from any estimates or projections.

Class A (TSXV:CTN)
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