Eldorado Gold Corporation (“Eldorado” or the “Company”) announces that it has filed a final short form base shelf prospectus with the securities regulatory authorities in each of the provinces of Canada. The Company has also filed a corresponding shelf registration statement on Form F-10 with the United States Securities and Exchange Commission (the “SEC”) under the U.S. Securities Act of 1933, as amended, and the Multijurisdictional Disclosure System established between Canada and the United States.

The prospectus will allow Eldorado to offer up to US$750 million of common shares, debt securities, convertible securities, warrants, rights, subscription receipts, units or any combination thereof, from time to time over the 25-month period. The specific terms of any future offering will be established in a prospectus supplement to the Shelf Prospectus, which supplement will be filed with the applicable Canadian securities regulatory authorities and the SEC.

The shelf registration statement filed today with the SEC has not yet become effective. Until the registration statement becomes effective, no securities may be sold nor may offers to buy be accepted in the United States. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which an offer, solicitation or sale would be unlawful prior to registration or qualifications under the securities laws of any such jurisdiction.