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Centerra Gold Announces Election of Directors

Shareholder Meetings

1 University Avenue, Suite 1500

Toronto, ON

M5J 2P1

tel 416-204-1953

fax 416-204-1954

www.centerragold.com

NEWS RELEASE

Centerra Gold Announces Election of Directors

Toronto, Canada, May 2, 2017: Centerra Gold Inc. (TSX: CG) (“Centerra” or the “Company”) announces

that the 11 nominees listed in the management informati on circular for its 2017 annual and special meeting of

shareholders (the “Meeting”) held earlier today were el ected as directors of Centerra. The vote for director

nominees was conducted by ballot. 248,115,151 shares were represented at the Meeting, representing 85.18%

of Centerra’s issued and outstanding common shares. The detailed results of the vote for the election of

directors are set out below:

Nominee Votes For % Votes For Votes Withheld % Votes

Withheld

Richard W. Connor 235,844,278 97.76 5,403,545 2.24

Eduard Kubatov 238,836,394 99.00 2,411,429 1.00

Nurlan Kyshtobaev 238,834,800 99.00 2,413,023 1.00

Stephen A. Lang 237,808,312 98.57 3,439,511 1.43

Michael Parrett 240,425,862 99.66 821,961 0.34

Jacques Perron 236,653,482 98.10 4,594,341 1.90

Scott G. Perry 236,711,117 98.12 4,536,706 1.88

Sheryl K. Pressler 240, 970,222 99.88 277,601 0.12

Terry V. Rogers 238,904,237 99.03 2,343,586 0.97

Bektur Sagynov 236,646,317 98.09 4,601,506 1.91

Bruce V. Walter 236,794,634 98.15 4,453,189 1.85

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, deve loping, exploring and

acquiring gold properties in North America, Asia and ot her 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.

For more information:

John W. Pearson

Vice President, Investor Relations

(416) 204-1953

[email protected]

Additional information on Centerra is available on the Company’s web site at www.centerragold.com

and at SEDAR at www.sedar.com.

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