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Appointment of Chief Financial Officer

28 July 2010

Central African Gold Plc, the AIM quoted gold mining and exploration company, announces that, further to the announcement of 8 July 2010, regarding the resignation of Craig Campbell as CAG's CFO, Graham Clow has been appointed as CAG's CFO with immediate effect.

Mr. Clow, aged 61, is a chartered accountant and a member of the Institute of Chartered Accountants of Ontario and the Institute of Chartered Accountants in England and Wales. Mr. Clow was appointed as CFO of New Dawn Mining Corp (TSX:ND) in August 2005. Mr. Clow does not currently hold any shares in CAG and will not join the board of directors of CAG ('the Board').

Roy Pitchford, Chief Executive of the Company said, "I would like to take this opportunity, on behalf of the Board, to welcome Graham Clow to the Company in his role as CFO. His experience and expertise will be extremely useful to CAG as the Company begins a new chapter in its development."

For further information please contact

Central African Gold Plc
Roy Pitchford
Tel: +44(0)77 9390 9985

Strand Hanson Limited
Stuart Faulkner / James Spinney
Tel: +44(0)20 7409 3494

St Brides Media and Finance Ltd
Hugo de Salis / Felicity Edwards
Tel: +44(0)20 7236 1177

Notes to Editors

Central African Gold Plc is a gold mining company with a portfolio of production and exploration assets in Africa. The Company has two subsidiaries in Zimbabwe: Falcon Gold Zimbabwe Limited (84.7 per cent. owned) and Olympus Gold Mines Limited (100 per cent. owned).

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