Mr. Chad Pederson reports

ELDORADO GOLD PROVIDES UPDATE ON FIRST QUARTER 2024 TAX IMPACTS IN TURKIYE; AND PROVIDES CONFERENCE CALL DETAILS

Eldorado Gold Corp. has provided updates on the tax impacts in Turkey related to the weakening of the Turkish lira in Q1 2024.

Tax impacts in Turkey for Q1 2024 related to the weakening Turkish lira

The company's profits from mining operations in Turkey are taxed at the enacted rate and the resulting current income tax expense can be further increased or reduced by other items. For the first quarter, the company expects the Turkish current income tax expense on mining profits, at an enacted rate of 25 per cent, to be further decreased by $9-million to $12-million. The estimated decrease is primarily attributable to investment tax credits relating to Kisladag and Efemcukuru, and the effects of inflation accounting, partly offset by taxable unrealized foreign exchange gains due to the weakening of the Lira, against the United States dollar, in the quarter.

Q1 2024 financial and operational results call details

Eldorado will release its 2024 first quarter financial and operational results after the market closes on Thursday, April 25, 2024, and will host a conference call on Friday, April 26, 2024, at 11:30 a.m. ET (8:30 a.m. PT). The call will be webcast and can be accessed at Eldorado Gold's website.

Participants may elect to pre-register for the conference call on-line. Upon registration, participants will receive a calendar invitation by e-mail with dial-in details and a unique pin. This will allow participants to bypass the operator queue and connect directly to the conference. Registration will remain open until the end of the conference call.

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. Eldorado's common shares trade on the Toronto Stock Exchange (TSX: ELD) and the New York Stock Exchange (NYSE: EGO).

We seek Safe Harbor.