If you have 4 GB or more RAM use the Linux kernel compiled for PAE capable machines. Your machine may not show up total 4GB ram. All you have to do is install PAE kernel package.

This package includes a version of the Linux kernel with support for up to 64GB of high memory. It requires a CPU with Physical Address Extensions (PAE).

The non-PAE kernel can only address up to 4GB of memory. Install the kernel-PAE package if your machine has more than 4GB of memory (>=4GB).

# yum install kernel-PAE

If you want to know how much memory centos is using type this in a terminal:

# cat /proc/meminfo