Centerra Gold Reports 2011 Gold Production of 642,380 Ounces and Provides 2012 Guidance

TORONTO, ONTARIO, Jan 17, 2012 (MARKETWIRE via COMTEX) — This news release contains forward-looking information that is subject to the risk factors and assumptions set out on page 5 and in our Cautionary Note Regarding Forward-looking Information on page 6. All figures are in United States dollars.

Centerra Gold Inc. CA:CG -2.62% announced today that its 2011 consolidated gold production totalled 642,380 ounces, which includes 583,156 ounces of gold from the Kumtor mine and 59,224 ounces of gold from the Boroo mine.

During the fourth quarter of 2011, consolidated gold production was 151,562 ounces, including 138,696 ounces of gold produced by the Kumtor mine, located in the Kyrgyz Republic and 12,866 ounces of gold produced by the Boroo mine, located in Mongolia.

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