Centerra Gold Announces Election of Directors

TORONTO, ON--(Marketwired - May 17, 2016) - Centerra Gold Inc. (CG.TO) ("Centerra" or the "Company") announced that the eleven nominees listed in the management information circular for the 2016 Annual Meeting of Shareholders (the "Meeting") held earlier today were elected as directors of Centerra. The vote for director nominees was conducted by ballot. 211,931,501 shares were voted at the Meeting, representing 87.57% of Centerra's issued and outstanding common shares. The detailed results of the vote are set out below:

Nominee		Votes For		% Votes For		Votes Withheld		% Votes Withheld		% Votes For Excluding Kyrgyzaltyn Vote
Richard W. Connor		126,837,770		60.29		83,555,975		39.71		95.37
Raphael A. Girard		132,217,891		62.84		78,175,854		37.16		99.42
Eduard Kubatov		209,147,645		99.41		1,246,100		0.59		99.06
Nurlan Kyshtobaev		209,148,935		99.41		1,244,810		0.59		99.06
Stephen A. Lang		129,372,703		61.49		81,021,042		38.51		97.28
Michael Parrett		132,490,821		62.97		77,902,924		37.03		99.62
Scott G. Perry		129,747,938		61.67		80,645,807		38.33		97.56
Sheryl K. Pressler		132,396,234		62.93		77,997,511		37.07		99.55
Terry V. Rogers		131,634,888		62.57		78,758,857		37.43		98.98
Bektur Sagynov		206,847,322		98.31		3,546,423		1.69		97.33
Bruce V. Walter		129,440,721		61.52		80,953,024		38.48		97.33

In connection with the voting for the election of directors, Centerra notes that Kyrgyzaltyn JSC ("Kyrgyzaltyn") is wholly owned by the Kyrgyz Republic and owns approximately 32% of the outstanding common shares of Centerra. Kyrgyzaltyn is the Company's largest shareholder and it withheld its votes from the election of all director nominees other than Messrs. Kubatov, Kyshtobaev and Sagynov. The director nominees other than Messrs. Kubatov, Kyshtobaev and Sagynov received, on average, over 98% of the votes cast in favour of their election (excluding the votes attached to the shares of Kyrgyzaltyn).

Final voting results on all matters voted on at the Meeting will be filed on SEDAR at www.sedar.com.

About Centerra

Centerra is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold properties in Asia, North America and other markets worldwide. Centerra 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 on Centerra is available on the Company's web site at www.centerragold.com and at SEDAR at www.sedar.com.

Attachment Available: http://www.marketwire.com/library/MwGo/2016/5/17/11G098750/14-2016AGM-results_of_voting-Final-ca99f8d1b58889158b7a8fa0a04a6648.pdf