Eldorado Gold Skouries Greece Project Update

Eldorado Gold Skouries Greece Project Update 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/17/13 -- Eldorado
Gold ("the Company", "Eldorado", or "we") (TSX:ELD)(NYSE:EGO)
confirms that shortly after midnight on Sunday, February 17, 2013 a
masked and armed group of approximately 50 persons illegally entered
the Skouries Project in the Municipality of Aristotle, Halkidiki,
Greece. The armed attackers assaulted two of our security personnel.
One sustained injuries which required hospitalization and has
subsequently been released. The group then set fire to our temporary
construction offices as well as several trucks and heavy equipment,
most of which are owned by local contractors. The fires have been
extinguished and the site secured. The Company is cooperating with
the police and other relevant authorities to ensure the ongoing
safety of our employees and assets.  
"While we respect the right of individuals to voice their opinions in
a safe, legal and responsible manner we fully condemn any activities
that put the safety of our employees, contractors and assets at
risk," stated Paul Wright, Chief Executive Officer of Eldorado Gold
Corporation. "The Company is in possession of all permits required to
operate legally at its projects in Halkidiki. These projects are
licensed under an Environmental Impact Assessment which consisted of
an exhaustive technical review as well as comprehensive public
consultations. In Halkidiki, as in all our mining operations
throughout the world, we operate to the highest environmental
standards complying with all local, national and international laws
and regulations." 
Eldorado is a gold producing, exploration and development company
actively growing businesses in Turkey, China, Brazil, Greece, and
Romania. With our international expertise in mining, finance and
project development, together with highly skilled and dedicated
staff, we believe that our company is well positioned to grow in
value as we create and pursue new opportunities. 
ON BEHALF OF ELDORADO GOLD CORPORATION 
Paul N. Wright, Chief Executive Officer 
Cautionary Note Regarding Forward-Looking Statements 
Certain of the statements made herein may contain forward-looking
statements or information within the meaning of the United States
Private Securities Litigation 
Reform Act of 1995 and applicable
Canadian securities laws. Often, but not always, forward-looking
statements and forward-looking information can be identified by the
use of words such as "plans", "expects", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates", or
"believes" or the negatives thereof or variations of such words and
phrases or statements that certain actions, events or results "may",
"could", "would", "might" or "will" be taken, occur or be achieved.
Forward-looking statements or information herein include, but are not
limited, to statements or information with respect to the Skouries
Project Update. 
This news release contains forward-looking statements and
forward-looking information within the meaning of applicable Canadian
and U. S. Securities Legislation. Often, but not always,
forward-looking statements and forward-looking information can be
identified by the use of words such as "plans", "expects", "is
expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates", or "believes" or the negatives thereof or
variations of such words and phrases or statements that certain
actions, events or results "may", "could", "would", "might" or "will"
be taken, occur or be achieved. 
Forward-looking statements and forward-looking information by their
nature are based on assumptions and involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of the Company to be materially different
from any future results, performance or achievements expressed or
implied by such forward-looking statements or information. We have
made certain assumptions about the forward-looking statements and
information and even though our management believes that the
assumptions made and the expectations represented by such statements
or information are reasonable, there can be no assurance that the
forward-looking statement or information will prove to be accurate.
Furthermore, should one or more of the risks, uncertainties or other
factors materialize, or should underlying assumptions prove
incorrect, actual results may vary materially from those described in
forward-looking statements or information. These risks, uncertainties
and other factors include, among others, the following: gold price
volatility; discrepancies between actual and estimated production,
mineral reserves and resources and metallurgical recoveries; mining
operational and development risk; litigation risks; regulatory
restrictions, including environmental regulatory restrictions and
liability; risks of sovereign investment; currency fluctuations;
speculative nature of gold exploration; global economic climate;
dilution; share price volatility; competition; loss of key employees;
additional funding requirements; and defective title to mineral
claims or property, as well as those factors discussed in the
sections entitled "Forward-Looking Statements" and "Risk Factors" in
the Company's Annual Information Form & Form 40-F dated March 30,
2012. 
There can be no assurance that forward-looking statements or
information will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. Accordingly, you should not place undue reliance on the
forward-looking statements or information contained herein. Except as
required by law, we do not expect to update forward-looking
statements and information continually as conditions change and you
are referred to the full discussion of the Company's business
contained in the Company's reports filed with the securities
regulatory authorities in Canada and the U.S.
Contacts:
Eldorado Gold Corporation
Nancy E. Woo, Vice President, Investor Relations
604.601.6650 or 1.888.353.8166
nancyw@eldoradogold.com
Information packages: laurelw@eldoradogold.com
www.eldoradogold.com
 
 
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