Mr. Peter Lekich reports

ELDORADO GOLD ANNOUNCES CLOSING OF SHARE CONSOLIDATION

Eldorado Gold Corp. has filed its articles of amendment effective Dec. 27, 2018, in respect of the previously announced one-for-five consolidation of the common shares of the company. The company expects that, effective at the opening of trading on Dec. 31, 2018, Eldorado's common shares will commence trading on the Toronto Stock Exchange and the New York Stock Exchange on a postconsolidated basis. The new Cusip number for the company's common shares is 284902509 and the new ISIN for the company's common shares is CA2849025093. Following the share consolidation, Eldorado has 158,801,722 issued and outstanding shares.

About Eldorado Gold Corp.

Eldorado is a gold and base metals producer with mining, development and exploration operations in Turkey, Canada, Greece, Romania, Serbia and Brazil. 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.

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