Centerra Announces Director Resignation

NEWS RELEASE

Centerra Announces Director Resignation

Toronto, Canada, June 28, 2012: Centerra Gold Inc. (TSX: CG) announced today that Mr. Niyazbek Aldashev has resigned from the board of directors, effective June 22, 2012. Steve Lang, chairman of the board of directors, commented “Niyaz Aldashev made important contributions to the board during his tenure and we regret his departure from the board.”

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 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 based in Toronto, Ontario, Canada.

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

For more information:

John W. Pearson Vice President, Investor Relations (416) 204-1241 [email protected]

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1 University Avenue, Suite 1500 Toronto, ON M5J 2P1 fax 416-204-1954 www.centerragold.com