Ms. Lynette Gould reports

ELDORADO GOLD ANNOUNCES CLOSING OF C$135 MILLION BOUGHT DEAL FINANCING

Eldorado Gold Corp. has closed the previously announced bought deal offering of 10.4 million common shares at a price of $13 per common share for gross proceeds of approximately $135-million. The offering was conducted by a syndicate of underwriters led by BMO Capital Markets and National Bank Financial and including CIBC Capital Markets, Canaccord Genuity, Cormark Securities Inc. and RBC Capital Markets.

About Eldorado Gold Corp.

Eldorado is a gold and base metals producer with mining, development and exploration operations in Turkiye, Canada and Greece. The company has a highly skilled and dedicated work force, safe and responsible operations, a portfolio of high-quality assets, and long-term partnerships with local communities.