CELTF Centamine PLC Mining & Exploration Message Board

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Gold/Mining/Energy : CELTF Centamine PLC Mining & Exploration

CELTF 1.880

0.0%

Nov 25 3:00 PM EDT

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From: Savant	5/17/2014 4:47:32 AM
	of 20

Centamin PLC: Dividend Policy Update PERTH, AUSTRALIA--(Marketwired - May 16, 2014) - Centamin PLC (LSE: CEY) (TSX: CEE) Centamin plc ("Centamin" or "the Company") (LSE:CEY, TSX:CEE) Dividend Policy Update Centamin is pleased to announce that with the completion of construction of Stage 4 it intends to commence dividend payments to its shareholders during the current financial year. The maiden interim dividend will be announced at the time of the Company's forthcoming interim results, with the amount to be determined at the discretion of the Board. The dividend policy will be based on the financial condition of, and outlook for, the Company and its cash flow and financing needs. When determining the amount to be paid the Board will take into consideration the underlying profitability of the Company. Specifically, the Board will aim to approve an annual dividend within the range of 15-30% of the Company's net cash flow after sustaining capital costs and following the payment of Profit Share due to the Government of Egypt. For more information please contact: Centamin plc Josef El-Raghy, Chairman Andy Davidson, Buchanan Head of Business Development and Investor Relations Bobby Morse (andy.davidson@centamin.je) +44 (0) 1534 828708 Gordon Poole Gabriella Clinkard + 44 (0) 20 7466 5000 Contact: RNS Customer Services 0044-207797-4400 rns@londonstockexchange.com rns.com

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