Kumtor – Q4 2011

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Centerra Gold Inc. - 2011 Kumtor Drilling Results Central Pit Period October 1st, 2011 to December 31st, 2011 Page 1 of 1

Drill Hole

Location

Drill Section

D1573

SB Zone

-42

From (m)

includes D1575

Saddle Zone

98 includes

D1576

SB Zone

-30 includes

D1577

SB Zone

-26 includes includes

D1579 D1580

SB Zone SB Zone

-38 -34 includes

D1583

SB Zone

-30; -34 includes

D1584

SB Zone

-30 includes

D1585

SB Zone

-26

To (m)

Core Length (m)

Au (g/t) 2.33

96.1

113.7

17.6

127.1

159.4

32.3

8.29

137.5

146.4

8.9

16.90

189.8

194.3

4.5

1.46

726.6

797.2

70.6

3.76

747.0

755.4

8.4

12.36

802.0

813.8

11.8

1.54

820.3

830.4

10.1

2.31

841.6

856.7

15.1

2.86

139.2

191.2

52.0

4.62

163.1

172.2

9.1

16.41

199.6

207.8

8.2

1.36

48.8

79.9

31.1

3.38 7.72

57.3

62.6

5.3

84.4

123.3

38.9

3.41

87.4

97.3

9.9

8.22

173.5

176.8

3.3

3.75

184.4

200.9

16.5

3.76

69.5

86.0

16.5

5.84

89.1

108.0

18.9

2.77

89.8

94.5

4.7

7.95

151.3

155.1

3.8

2.88

179.1

208.3

29.2

5.50

184.3

192.7

8.4

12.04

228.0

231.0

3.0

3.71

237.0

240.5

3.5

2.88

261.5

264.0

2.5

2.29

66.0

68.7

2.7

3.24

74.6

103.7

29.1

3.83

82.2

86.0

3.8

9.17

12.7

34.6

21.9

3.33

50.9

63.4

12.5

3.13

68.7

79.0

10.3

1.20

125.5

128.5

3.0

1.93

Hole was stopped due to technical difficulties before target was reached

D1587

Saddle Zone

86

D1588

SB Zone

-6

298.0

333.5

D1589

SB Zone

2

310.6

316.5

5.9

1.61

326.5

365.8

39.3

2.73

382.8

387.1

4.3

1.50

394.2

405.4

11.2

2.49 2.60

35.5

5.77

D1591

SB Zone

-26

12.9

50.7

37.8

D1597

SB Zone

-6

293.4

297.4

4.0

2.73

301.4

338.7

37.3

5.80

303.4

316.2

12.8

12.41

373.8

379.0

5.2

1.76

includes

Notes:

Significant mineralized intervals are greater than 1.00 g/t Au Individual assays are top cut to 60 g/t Au prior to composite calculation Lower cut-off for higher grade sub-intervals is 7.0 g/t Au True widths for mineralized zones are about 45% to 95% of 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. - Kumtor 2011 Drilling Results Period October 1st, 2011 to December 31st, 2011 Page 1 of 1

Northeast Prospect Drill Hole

Drill Section

DN1569A

426

DN1578

Notes 1 :

From (m)

430

1

To (m)

Core Length (m)

Au (g/t)

185.6

215.8

30.2

2.00

236.7

257.5

20.8

5.75

260.5

266.5

6.0

1.16

177.5

180.5

3.0

1.81

196.0

220.7

24.7

1.56

250.7

255.3

4.6

2.62

259.9

270.0

10.1

1.52

Significant mineralized intervals are greater than 1.00 g/t Au Individual assays are top cut to 60 g/t Au prior to composite calculation Lower cut-off for higher grade sub-intervals is 7.0 g/t Au True widths for mineralized zones are about 30% to 50% of 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.

Sarytor Deposit 2 Drill Hole

Drill Section

SR-11-199

180

From (m) includes

To (m)

Core Length (m)

395.7

471.4

75.7

Au (g/t) 2.92

420.0

426.3

6.3

5.90

SR-11-200

184

352.9

368.2

15.3

2.07

SR-11-201

208

270.7

295.1

24.4

5.09

Core Length (m)

Au (g/t)

Southwest Deposit Drill Hole

Drill Section

SW-11-247

3235

SW-11-248

3235

Notes 2 :

From (m)

2

To (m)

No significant intercepts 17.0

21.0

Drill Hole

Drill Section

UD1574

134

UD1581

134

UD1586

130

UD1586B

130

From (m) 234.0

Notes 3 :

To (m)

Core Length (m)

Au (g/t)

267.9

33.9

8.23

290.3

341.6

51.3

3.56

297.1

301.0

3.9

11.62

includes

308.3

316.3

8.0

7.36

347.1

373.4

26.3

1.59

Hole was stopped due to technical difficulties before target was reached

142

130

3

includes

includes UD1593

4.47

Significant mineralized intervals are greater than 1.00 g/t Au Individual assays are top cut to 60 g/t Au prior to composite calculation Lower cut-off for higher grade sub-intervals is 7.0 g/t Au True widths for mineralized zones are about 70% to 95% of 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.

Underground - Decline 2

UD1590

4.0

201.0

208.0

7.0

3.38

228.4

241.8

13.4

10.01

162.7

165.5

2.8

3.26

189.5

200.7

11.2

3.12

220.5

237.4

16.9

8.41

220.5

234.4

4.7

18.41

245.5

276.9

31.4

1.03

226.1

236.6

10.5

1.68

257.8

264.9

7.1

1.46

273.4

287.2

13.8

3.74

295.2

300.0

4.8

2.28

328.0

340.5

12.5

1.59

Significant mineralized intervals are greater than 1.00 g/t Au Individual assays are top cut to 60 g/t Au prior to composite calculation Lower cut-off for higher grade sub-intervals is 7.0 g/t Au True widths for mineralized zones are about 45% to 90% of 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.

Kumtor – Q4 2011

Central Pit, Drillhole Location Plan Map SB Extension Saddle Zone SB Zone

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.

Stockwork Zone

1

Kumtor – Q4 2011

Central Pit – Longitudinal Section

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

Kumtor – Q4 2011

Central Pit – Plan Map

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

Kumtor – Q4 2011

Central Pit Section -42 NW

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.

SE

4

Kumtor – Q4 2011

Central Pit Section -38 NW

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.

SE

5

Kumtor – Q4 2011

Central Pit Section -34 NW

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.

SE

6

Kumtor – Q4 2011

Central Pit Section -30 NW

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.

SE

7

Kumtor – Q4 2011

Central Pit Section -26 NW

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.

SE

8

Kumtor – Q4 2011

Central Pit Section -6 NW

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.

SE

9

Kumtor – Q4 2011

Central Pit Section 2 NW

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.

SE

10

Kumtor – Q4 2011

Central Pit Section 98 NW

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.

SE

11

Kumtor – Q4 2011

Central Pit Section 130 NW

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.

SE

12

Kumtor – Q4 2011

Central Pit Section 134 NW

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.

SE

13

Kumtor – Q4 2011

Central Pit Section 142 NW

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.

SE

14

Kumtor – Q4 2011

Southwest and Sarytor Deposits – Plan Map

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.

15

Kumtor – Q4 2011

Northeast Prospect – Plan Map

Northeast Prospect

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.

16

Kumtor – Q4 2011

Northeast Prospect – Longitudinal Section

Northeast Prospect

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.

17