Eldorado Gold Lists on the New York Stock Exchange

VANCOUVER, BRITISH COLUMBIA--(Marketwire - October 20, 2009) - Eldorado Gold Corporation ("Eldorado" the "Company" or "we") (TSX: ELD)(NYSE Amex: EGO) is pleased to announce that it will transfer its NYSE Amex listing to the New York Stock Exchange (NYSE). Trading under the Company's symbol "EGO" is expected to begin at the opening of the NYSE on October 22, 2009. The Company's primary exchange will remain the Toronto Stock Exchange.

To commemorate the event Mr. Paul Wright, President & Chief Executive Officer and Dr. Hugh C. Morris, Chairman of the Board of Eldorado will ring the NYSE opening bell on October 22, 2009.

"The listing of EGO on the NYSE will increase Eldorado's visibility and raise the Company's profile. We are proud of our growth and development into one of the lowest cost pure gold producers internationally and we maintain our focus of increasing our margins and continuing to add value for our shareholders," commented Paul N. Wright, President and CEO of Eldorado.

Eldorado is a gold producing, exploration and development company actively growing businesses in Brazil, China, Greece, and Turkey and 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 and Chief Executive Officer