Centurion Gold Directors Step Down.

JOHANNESBURG, South Africa -- Centurion Gold Holdings, Inc. (OTCBB:CGHI), the only South African junior gold mining company publicly listed in the U.S., announced today the restructuring of the Company's Board of Directors. Bruce Williamson, Dr. Wynaand Goosen, and Mike Saner will be stepping down from Centurion Gold's Board as of October 1st. During their time on the Board, these gentlemen have been a valuable resource for Centurion Gold in building its significant asset base of gold, platinum, chrome, and tin. The gentlemen have agreed to be available on an advisory basis if needed.

Dale Paul, CEO and Chairman of Centurion Gold Holdings, Inc., commented, "We are grateful for the invaluable contribution made by Bruce Williamson, Dr. Wynaand Goosen, and Mike Saner to Centurion Gold and appreciate their continued association with Centurion."

About Centurion Gold Holdings, Inc.:

Centurion Gold Holdings is the only South African junior gold mining company publicly listed in the United States. The Company is executing a roll-up strategy acquiring proven mineral assets, "growth through acquisition;" these assets consist of near revenue stream and existing low cost production operations with turnaround opportunities. Based in South Africa, the Company is ideally suited to exploit new legislation implemented by the government in May 2004. This legislation enforces a "use it or lose it" strategy, whereby all mining claims must be prospected within a designated time frame, otherwise, such prospects revert to the state, thereby creating never before seen opportunities, particularly for smaller companies like Centurion. The Company has built a strong team of experienced management and operations mining professionals to exploit these opportunities, and is positioning itself to become a major producer by continually implementing its "growth through acquisition" strategy.

Forward-Looking Statements:

Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as the term is defined in the Private Securities Litigation Reform Act of 1995. The company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. Should events occur which materially affect any comments made within this press release the Company will appropriately inform the public.