Eldorado Completes Acquisition of Xiaoshiren in China

Paul N. Wright, President and Chief Executive Officer of Eldorado Gold Corporation EGO announces completion of the acquisition of the Xiaoshiren Central exploration license, located 20 km southeast of our White Mountain gold mine in Jilin Province, China. The Xiaoshiren Central EL acquired from Fushun Hanking Mining Ltd is now 100% owned by the White Mountain Joint Venture, of which Eldorado holds a 95% share. "The acquisition is consistent with Eldorado's China growth strategy where we leverage the advantage of local knowledge and infrastructure to acquire high quality prospect opportunities," commented Paul Wright, President and CEO of Eldorado Gold. "Our team continues to review other opportunities and we are confident we will continue to grow and add to our exploration portfolio."