Kara Beldyr – Q4 2011

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Centerra Gold Inc. - Kara Beldyr 2011 Drilling Results Ezen Zone Period October 1st, 2011 to December 31st, 2011 Page 1 of 3

Drill Section

Drill Hole

Location

KB-110

Ezen

From (m)

850NW Ezen

KB-111

Ezen

KB-113

includes

includes

950NW

Ezen

KB-114

Notes:

To (m)

Core Length (m)

Au (g/t)

35.0

36.0

1.0

4.68

39.0

42.0

3.0

0.62

50.0

52.0

2.0

1.60

86.6

87.7

1.1

0.55 2.45

91.0

92.9

1.9

186.7

187.7

1.0

5.97

48.3

50.3

2.0

1.25

71.4

79.4

8.0

1.79

77.4

79.4

2.0

4.82

169.7

170.7

1.0

3.75

175.0

178.1

3.1

1.09

117.3

119.3

2.0

1.72

124.3

127.3

3.0

3.04

126.3

127.3

1.0

6.70

130.8

133.8

3.0

0.50

141.9

142.9

1.0

0.67

168.1

173.1

5.0

1.46

178.1

183.1

5.0

0.75

186.1

188.1

2.0

0.60

192.1

193.1

1.0

1.27

196.1

197.1

1.0

0.57

221.5

226.0

4.5

1.00

All assays reported are actual values with no top cutting factor applied Significant mineralized intervals are greater than 0.5 g/t True widths for mineralized zones are about 70% to 90% of the stated down hole interval This information should be read together with our news release of February 9, 2012. Ian Atkinson, a Certified Professional Geologist, is Centerra’s qualified person for the purpose of National Instrument 43-101 Tables are current as of December 31st, 2011.

Centerra Gold Inc. - Kara Beldyr 2011 Drilling Results Gord Zone Period October 1st, 2011 to December 31st, 2011 Page 2 of 3

Drill Section

Drill Hole

From (m)

Location

96.0

1.0

3.22

102.0

1.9

1.17

115.0

117.0

2.0

2.31

123.0

128.0

5.0

4.30

includes

125.0

126.0

1.0

12.50

132.0

137.0

5.0

6.78

includes

136.0

137.0

1.0

24.30

14.5

18.5

4.0

0.68

includes

Gord includes

Gord

21.89

45.6

46.6

1.0

1.99

49.6

50.8

1.2

0.51

61.8

93.0

31.2

4.90

81.8

82.8

1.0

23.29

84.9

1.1

55.60

88.0

2.1

15.06

96.0

97.0

1.0

0.54

100.0

103.0

3.0

2.10

24.3

25.1

0.8

6.46

45.8

46.8

1.0

0.52

54.8

55.8

1.0

0.88

61.0

65.0

4.0

10.90

64.0

65.0

1.0

25.27

78.0

79.0

1.0

0.86

101.6

109.0

7.4

0.68

113.0

116.0

3.0

3.23

includes

113.0

114.0

1.0

7.09

125.0

128.0

3.0

3.59

includes

127.0

128.0

1.0

9.76

65.5

66.5

1.0

1.00

72.4

79.9

7.5

2.81

74.4

75.4

1.0

10.40

83.0

84.0

1.0

1.05

96.2

97.2

1.0

0.77

103.3

106.3

3.0

0.66

114.6

115.6

1.0

7.42

119.6

120.6

1.0

2.34

129.8

130.9

1.1

3.58

21.3

22.5

1.2

2.31

29.2

30.1

0.9

9.90

34.0

39.0

5.0

0.68

43.0

51.8

8.8

98.93

includes

44.0

45.0

1.0

568.90

includes

45.0

46.0

1.0

278.84

59.2

60.2

1.0

2.73

76.1

77.2

1.1

0.97

includes Notes:

2.88

1.1

83.8

Gord

KB-108

14.1

85.9

includes

KB-105

40.8 40.8

includes

includes

1950NW

26.7 39.7

includes

Gord

KB-104

Au (g/t)

95.0

1900NW

KB-107

Core Length (m)

100.1

Gord

KB-106

To (m)

89.4

93.4

4.0

0.53

103.4

106.4

3.0

4.94

103.4

104.4

1.0

13.39

All assays reported are actual values with no top cutting factor applied Significant mineralized intervals are greater than 0.5 g/t True widths for mineralized zones are about 70% to 90% of the stated down hole interval This information should be read together with our news release of February 9, 2012. Ian Atkinson, a Certified Professional Geologist, is Centerra’s qualified person for the purpose of National Instrument 43-101 Tables are current as of December 31st, 2011.

Centerra Gold Inc. - Kara Beldyr 2011 Drilling Results Camp Zone Period October 1st, 2011 to December 31st, 2011 Page 3 of 3

Drill Section

Drill Hole

Location

1850NW

KB-103

Camp

1900NW

1950NW

From (m)

Camp

KB-102

Camp

KB-101

includes

Camp

KB-097 2000NW

Camp

KB-099

Camp

KB-096

Camp

KB-098

2050NW

Camp

KB-100

Camp

KB-094 2100NW

Camp

KB-095

includes 2150NW

2200NW

Camp

KB-093

Camp

KB-089

Notes:

To (m)

Core Length (m)

Au (g/t)

16.1

18.1

2.0

0.73

23.0

24.0

1.0

0.83

29.0

30.0

1.0

1.26

35.0

36.0

1.0

0.74

39.0

41.0

2.0

18.72

39.0

40.0

1.0

36.91

68.2

69.2

1.0

33.41

48.2

50.2

2.0

0.60

80.4

82.3

1.9

6.67

22.1

22.9

0.8

8.97 0.97

40.5

41.4

0.9

107.8

112.0

4.2

2.67

104.1

105.1

1.0

4.70

60.0

61.2

1.2

0.69

64.6

65.3

0.7

0.73

114.0

115.0

1.0

0.54

119.6

122.3

2.7

4.06

136.7

138.3

1.6

3.34

31.0

32.0

1.0

1.12

37.3

38.2

0.9

0.96

46.0

47.0

1.0

0.71

51.0

51.7

0.7

5.55

55.7

56.7

1.0

2.19

141.0

141.9

0.9

1.89

160.3

161.2

0.9

0.50

173.9

174.8

0.9

1.29

107.6

108.6

1.0

1.63

118.8

120.0

1.2

0.80

95.4

97.4

2.0

29.80

114.0

116.7

2.7

1.23

141.6

142.6

1.0

0.62

42.2

48.0

5.8

4.72

45.0

46.0

1.0

16.92

53.0

54.9

1.9

0.85

79.0

80.0

1.0

0.84

88.0

89.1

1.1

2.41

107.6

108.8

1.2

35.54

135.0

136.1

1.1

0.67

189.1

190.2

1.1

0.65

229.2

230.2

1.0

0.67

All assays reported are actual values with no top cutting factor applied Significant mineralized intervals are greater than 0.5 g/t True widths for mineralized zones are about 70% to 90% of the stated down hole interval This information should be read together with our news release of February 9, 2012. Ian Atkinson, a Certified Professional Geologist, is Centerra’s qualified person for the purpose of National Instrument 43-101 Tables are current as of December 31st, 2011.

Kara Beldyr – Q4 2011

Drillhole Location Plan Map

Tyva Republic

Kara Beldyr Property Camp Zone

32.9 km2

Gord Zone

Ezen Zone 2.5 km This information should be read together with our news release of February 9, 2012. Ian Atkinson, a Certified Professional Geologist, is Centerra’s qualified person for the purpose of National Instrument 43-101.

1

Kara Beldyr – Q4 2011

Ezen Zone, Section 850NW

This information should be read together with our news release of February 9, 2012. Ian Atkinson, a Certified Professional Geologist, is Centerra’s qualified person for the purpose of National Instrument 43-101.

2

Kara Beldyr – Q4 2011

Ezen Zone, Section 950NW

This information should be read together with our news release of February 9, 2012. Ian Atkinson, a Certified Professional Geologist, is Centerra’s qualified person for the purpose of National Instrument 43-101.

3

Kara Beldyr – Q4 2011

Camp Zone, Section 1850NW

This information should be read together with our news release of February 9, 2012. Ian Atkinson, a Certified Professional Geologist, is Centerra’s qualified person for the purpose of National Instrument 43-101.

4

Kara Beldyr – Q4 2011

Camp Zone, Section 1900NW

This information should be read together with our news release of February 9, 2012. Ian Atkinson, a Certified Professional Geologist, is Centerra’s qualified person for the purpose of National Instrument 43-101.

5

Kara Beldyr – Q4 2011

Camp Zone, Section 1950NW

This information should be read together with our news release of February 9, 2012. Ian Atkinson, a Certified Professional Geologist, is Centerra’s qualified person for the purpose of National Instrument 43-101.

6

Kara Beldyr – Q4 2011

Camp Zone, Section 2000NW

This information should be read together with our news release of February 9, 2012. Ian Atkinson, a Certified Professional Geologist, is Centerra’s qualified person for the purpose of National Instrument 43-101.

7

Kara Beldyr – Q4 2011

Camp Zone, Section 2050NW

This information should be read together with our news release of February 9, 2012. Ian Atkinson, a Certified Professional Geologist, is Centerra’s qualified person for the purpose of National Instrument 43-101.

8

Kara Beldyr – Q4 2011

Camp Zone, Section 2100NW

This information should be read together with our news release of February 9, 2012. Ian Atkinson, a Certified Professional Geologist, is Centerra’s qualified person for the purpose of National Instrument 43-101.

9

Kara Beldyr – Q4 2011

Camp Zone, Section 2150NW

This information should be read together with our news release of February 9, 2012. Ian Atkinson, a Certified Professional Geologist, is Centerra’s qualified person for the purpose of National Instrument 43-101.

10

Kara Beldyr – Q4 2011

Camp Zone, Section 2200NW

This information should be read together with our news release of February 9, 2012. Ian Atkinson, a Certified Professional Geologist, is Centerra’s qualified person for the purpose of National Instrument 43-101.

11

Kara Beldyr – Q4 2011

Gord Zone, Section 1900NW

This information should be read together with our news release of February 9, 2012. Ian Atkinson, a Certified Professional Geologist, is Centerra’s qualified person for the purpose of National Instrument 43-101.

12

Kara Beldyr – Q4 2011

Gord Zone, Section 1950NW

This information should be read together with our news release of February 9, 2012. Ian Atkinson, a Certified Professional Geologist, is Centerra’s qualified person for the purpose of National Instrument 43-101.

13