Instituted in 1993, this medal is awarded in recognition of a sustained, significant contribution to the art of photography.  This medal also carries with it an Honorary Fellowship of The Society.

Previous recipients of the Centenary medal are:

1993       Sebastião Salgado
1994       Cornell Capa
1995       Robert Delpire
1996/7    Freddie Young
1998       Josef Koudelka
1999       William Klein
2000       Ray Metzker
2001       Paul Caponigro
2002       Elliott Erwitt
2003      Special anniversary medals awarded in place – (150^th anniversary)
2004       Arnold Newman
2005       David Bailey Hon FRPS
2006       Susan Meiselas
2007       Don McCullin
2008       Martin Parr Hon FRPS
2009       Annie Leibovitz