Centerra is a growth-oriented, gold Company focused on acquiring, exploring, developing and operating gold properties primarily in Asia, the former Soviet Union and other emerging markets worldwide. Centerra is a leading North American-based 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 under the symbol CG. The Company is based in Toronto, Canada.

Additional information

Additional information on Centerra is available on SEDAR at www.sedar.com and the Company's website at www.centerragold.com.

SOURCE: Centerra Gold Inc.

Centerra Gold Inc.
John W. Pearson
Director, Investor Relations
(416) 204-1241
Website: www.centerragold.com

Expected next investor conference call information:
Conference Call Date: 7/31/2008
Conference Call Time: 12:00 PM
Conference Call URL: http://www.centerragold.com/investors/upcoming/

Mr. Kallio is a geologist with close to thirty years of experience working on exploration and underground and open pit mine planning, scoping and feasibility studies in Canada and abroad. Most recently, Mr. Kallio has provided geological consulting services to such companies as Detour Gold Corp., Centerra Gold Corp., Golden Harp Resources and Goldeye Exploration Limited. Past corporate assignments have included serving as Vice-President, Exploration with Patricia Mining Corporation; Exploration Manager, Canadian Shield for Kinross Gold Corporation; and Chief Geologist with Placer Dome Canada Limited's Dome Mine in Timmins. Mr. Kallio was also a former Director of Holmer Gold Mines Limited prior to its merger with Lake Shore Gold in 2004.

Mr. Rocque is a mining engineer with over 20 years of experience. He has worked at many gold mines in Canada, including as a senior engineer at the Hoyle Pond mine in Timmins, and as chief engineer at the Macassa mine in Kirkland Lake, the Red Lake mine in Balmertown, and the QR mine in Quesnel, British Columbia. Most recently, Mr. Rocque was Consulting Manager and Principal Mining Engineer for AMEC Americas Ltd. in Oakville.

Anthony (Tony) Makuch, President and CEO of Lake Shore Gold, commented: "We are very pleased to be gaining the wealth of experience and expertise that Jon, Eric and Pierre bring to their respective roles at Lake Shore Gold as we progress on schedule and on budget towards first gold production by early next year. They have all worked extensively in the mining sector, and are very familiar with gold mining in northern Ontario. In addition, throughout their distinguished careers, they have gained an appreciation for the importance of economic returns, which is an overriding focus of both the Company's board and management team."

About Lake Shore Gold

Lake Shore Gold Corp. is a mineral development and exploration company that is rapidly moving towards gold production through a portfolio which includes an existing processing facility and a number of quality mineral properties located in the Timmins gold mining district of northern Ontario and Quebec. The Company has completed a pre-feasibility study and is moving forward with an advanced exploration program at its Timmins West property, is well advanced in refurbishing its 100%-owned Bell Creek mill and is continuing drilling programs at a number of other prospective properties. The Company's common shares trade on the Toronto Stock Exchange under the symbol LSG.

Forward-looking Statements

Certain statements in this press release relating to Lake Shore Gold's growth plans are "forward-looking statements" within the meaning of securities legislation. The Company does not intend, and does not assume any obligation, to update these forward-looking statements. These forward-looking statements represent management's best judgment based on current facts and assumptions that management considers reasonable, including that demand for products develops as anticipated, that operating and capital plans will not be disrupted by issues such as mechanical failure, unavailability of parts and supplies, labour disturbances, interruption in transportation or utilities, or adverse weather conditions, and that there are no material unanticipated variations in the cost of energy or supplies. The Company makes no representation that reasonable business people in possession of the same information would reach the same conclusions.

Contacts:
Lake Shore Gold Corp.
Tony Makuch
President & CEO
(416) 703-6298
Email: info@lsgold.com

Lake Shore Gold Corp.
Mark Utting
Vice-President, Investor Relations
(416) 703-6298
Email: info@lsgold.com
Website: www.lsgold.com

SOURCE: Lake Shore Gold Corp.

mailto:info@lsgold.com
mailto:info@lsgold.com
http://www.lsgold.com