Eldorado Gold Skouries Greece Project Update

Eldorado Gold ("the Company", "Eldorado", or "we") (TSX:ELD)(NYSE:EGO) confirms that shortly after midnight on Sunday, February 17, 2013 a masked and armed group of approximately 50 persons illegally entered the Skouries Project in the Municipality of Aristotle, Halkidiki, Greece. The armed attackers assaulted two of our security personnel. One sustained injuries which required hospitalization and has subsequently been released. The group then set fire to our temporary construction offices as well as several trucks and heavy equipment, most of which are owned by local contractors. The fires have been extinguished and the site secured. The Company is cooperating with the police and other relevant authorities to ensure the ongoing safety of our employees and assets.

"While we respect the right of individuals to voice their opinions in a safe, legal and responsible manner we fully condemn any activities that put the safety of our employees, contractors and assets at risk," stated Paul Wright, Chief Executive Officer of Eldorado Gold Corporation. "The Company is in possession of all permits required to operate legally at its projects in Halkidiki. These projects are licensed under an Environmental Impact Assessment which consisted of an exhaustive technical review as well as comprehensive public consultations. In Halkidiki, as in all our mining operations throughout the world, we operate to the highest environmental standards complying with all local, national and international laws and regulations."

Eldorado is a gold producing, exploration and development company actively growing businesses in Turkey, China, Brazil, Greece, and Romania. With our international expertise in mining, finance and project development, together with highly skilled and dedicated staff, we believe that our company is well positioned to grow in value as we create and pursue new opportunities.