Centerra is a growth-oriented Canadian-based gold mining and exploration company engaged in the acquisition, exploration, development and operation of gold properties in Central Asia, the former Soviet Union and other emerging markets worldwide. Our objective is to build shareholder value and to establish Centerra as a senior gold producer by maximizing the potential of our current properties and leveraging our financial strength and experience to acquire new long-life, low-cost projects.

Currently, we have two producing gold mines:

• 100% interest in the Kumtor mine in the Kyrgyz Republic
• 100% interest in the Boroo mine in Mongolia

We also have interests in promising exploration properties:

• 100% interest in the Gatsuurt property in Mongolia near Boroo
• 63% equity interest in the REN joint venture in Nevada, U.S.

The two gold mines operated by the Company produced over 555,000 ounces of gold in 2007 at a total cash cost of $442 per ounce. This ranks Centerra as a leading North American 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.

The Company expects to produce 770,000 – 830,000 ounces of gold in 2008 at an estimated total cash cost of $409 - $449 per ounce.