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Centerra Gold Kumtor Mine Work Stoppage Update

TORONTO, ONTARIO--(Marketwire - Feb. 14, 2012) - Centerra Gold Inc. (TSX:CG.TO - News) reported today that the unionized employees at its Kumtor operation in the Kyrgyz Republic remain on strike. The Company believes this is an illegal strike. 

The Kumtor operation is currently suspended except for a minimal amount of mining to manage the pit wall and other essential services. All other mining, processing and exploration work remains suspended.

About Centerra

Centerra Gold Inc. is a gold mining company focused on operating, developing, exploring and acquiring gold properties primarily in Asia, the former Soviet Union and other emerging markets worldwide. Centerra is a leading North American-based gold producer and is the largest Western-based gold producer in Central Asia. Centerra's shares trade on the Toronto Stock Exchange (TSX) under the symbol CG. The Company is headquartered in Toronto, Ontario, Canada.

Additional information

Additional information on Centerra is available on the Company's website at www.centerragold.com and on SEDAR at www.sedar.com.

Contacts

John W. Pearson
Centerra Gold Inc.
Vice President, Investor Relations
416-204-1241
john.pearson@centerragold.com
www.centerragold.com

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