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Message: Efemcukuru Receives Positive High Court Decision

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Efemcukuru Receives Positive High Court Decision

posted on Jan 30, 09 06:46AM

January 30, 2009

Eldorado Gold Corporation: Efemcukuru Receives Positive High Court Decision

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 30, 2009) - Eldorado Gold Corporation ("Eldorado" the "Company" or "we") (TSX:ELD)(NYSE Alternext US:EGO) is pleased to announce that on, January 26, 2009 the Sixth Department of the High Administrative Court in Ankara, Turkey delivered a positive decision in the cases regarding the Company's Environmental Impact Assessment ("EIA") certificate for the Efemcukuru project.

"We are extremely pleased with the High Court's recent decision. This decision confirms the integrity and validity of the EIA positive opinion and other related permits which enable the construction of Eldorado's second gold mine in Turkey. Construction continues on the project site with completion anticipated early in 2010. The decision serves to reinforce the Company's commitment to continue to grow its successful gold mining business in Turkey," said Paul N. Wright President and Chief Executive Officer.

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

ON BEHALF OF ELDORADO GOLD CORPORATION

Paul N. Wright, President & Chief Executive Officer

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