ENVIRONMENTAL AWARD – Double honours for Semafo

MONTREAL - SEMAFO, whose gold exploration and mining activities are mainly in West Africa, was awarded the Chamber of Commerce and Industry of Saint-Laurent 2008 Alpha Award of Distinction for Environmental Protection. The Honourable Stephane Dion, federal Liberal party leader and Leader of the Opposition, presented the award in recognition of Semafo's role in corporate social responsibility practices.

"Since its beginnings, Semafo has endeavoured to be a good corporate citizen and to evolve conscientiously to become a major player in our geographical area of interest," said Semafo president and CEO Benoit La Salle. "As part of our organization's mission statement, and directly in line with Semafo's humanitarian mission, we are proud of the efforts made to improve the quality of life and livelihoods of the communities in which we operate through social, health, education and environmental policies and programs."

Semafo also received the 2008 Alpha Award in the Manufacturing/Raw Materials category. The awards were presented at the 24th Annual Alpha Gala in Montreal, Que., on May 15, 2008.

The company's May 2008 presentation, available at www.Semafo.com, contains detailed information about the company's operations.