Centerra is a growth-oriented Canadian-based gold mining and exploration company engaged in the acquisition, exploration, development and operation of gold properties in Central Asia, the former Soviet Union and other emerging markets. Our objective is to build shareholder value and to establish Centerra as a senior gold producer by maximizing the potential of our current properties and leveraging our financial strength and experience to acquire new long-life, low-cost projects.

Currently, we maintain interests in two producing mines:

• 100% equity interest in the Kumtor mine in the Kyrgyz Republic
• 95% equity interest in the Boroo mine in Mongolia

We also have interests in promising exploration properties:

• 100% equity interest in the Gatsuurt property in Mongolia near Boroo
• 62% equity interest in the REN joint venture in Nevada, U.S.

The two gold mines operated by the Company produced over 586,000 ounces of gold in 2006 at a total cash cost of $386 per ounce. This ranks Centerra as a leading North American gold producer and the largest Western-based gold producer in Central Asia and the former Soviet Union. Centerra's shares trade on the Toronto Stock Exchange (TSX) under the symbol CG. The Company is based in Toronto, Canada.

The Company expects to produce 550,000 - 560,000 ounces of gold in 2007 at an estimated total cash cost of $430 - $440 per ounce.