Eldorado Gold Corporation has made a number of changes to the Board of Directors and executive management team. Eldorado is a gold producing, exploration and development company actively growing businesses in Turkey, China, Brazil and Greece.

After serving as an independent director since April 2003, John Auston retired from the Board on May 5. Eldorado's president and CEO Paul Wright says John's technical and management experience provided guidance and oversight as an active member of the Board and to the Audit Committee, the Corporate Governance & Nominating Committee and most recently the Compensation Committee and the Environmental Health & Safety Committees.

At the annual shareholders meeting on May 5 Mike Price was elected to the Board as an independent director. He has extensive experience as a financial consultant and advisor to the mining industry and is currently the London Representative of Resource Capital Funds. Prior to joining Resource Capital Funds he served as managing director and joint global head of mining and metals for Barclays Capital and has held senior management positions with Societe Generale and NM Rothschilds.

The Board has also appointed Tim Baker to the position of independent director effective May 20. He recently retired from the position of executive vice president and chief operating officer of Kinross Gold and has more than 30 years of senior and executive level experience with global gold producers.

Meanwhile with the senior management team Doug Jones has been appointed vice president, China operations. In this position, he will play a key role in the continued growth and development of the operations in China with overall responsibility for the operational and technical aspects of the mine sites. He joins Eldorado from Kinross Gold where he was vice president & general manager of the Kettle River Operations.

Ed Miu has resigned his position as chief financial officer to pursue other endeavours. He joined Eldorado from Sino Gold in December 2009 and has assisted in the integration of the Sino Gold assets as well as leading the finance department over the past one-and-a-half years.

Fabiana Chubbs, who is Eldorado’s treasurer and risk manager, will be assuming the role of chief financial officer. Fabiana joined Eldorado in July 2007 after a long association with the company in her role of senior manager PricewaterhouseCoopers Audit Group.

www.eldoradogold.com

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