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Eldorado Gold Provides Q3 2018 Conference Call Details and Corporate Update

Financials

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NEWS RELEASE

TSX: ELD NYSE: EGO September 28, 2018

Eldorado Gold Provides Q3 2018 Conference Call Details and Corporate Update

VANCOUVER, BC – Eldorado Gold Corporation ( “Eldorado” or “the Company”) provides the following

updates.

Q3 2018 Financial and Operational Results

Eldorado Gold will release its Q3 2018 Financial and Operational Results after the market closes on

Thursday, October 25, 2018 and will host a conference call on Friday, October 26, 2018 at 11:30am ET

(8:30am PT). The call will be webcast and can be accessed at Eldorado Gold’s website:

www.eldoradogold.com

Conference Call Details Replay (available until November 30, 2018)

Date: Friday October 26, 2018 Toronto: 416 849 0833

Time: 8:30 am PT (11:30 am ET) Toll Free: 1 855 859 2056

Dial in: 647 427 7450 Pass code: 4677 738

Toll free: 1 888 231 8191

Senior Management Update

Further to the Company’s announcement on July 11, 2018, Philip Yee joined Eldorado as Executive Vice

President and Chief Financial Officer on September 24, 2018 . Charles Parker, Acting CFO, will resume his

role as Corporate Controller. The Company wishes to thank Charlie for his hard work in managing Eldorado’s

Finance department in recent months.

New York Stock Exchange Minimum Share Price Requirement

New York Stock Exchange (“NYSE”) regulations stipulate that listed issuers must maintain a minimum

average closing share price of US$1.00 per share calculated over a period o f 30 consecutive trading days.

Eldorado received notice from the NYSE that the Company was below criteria regarding this requirement

on April 18, 2018 and again on September 11, 2018 . The Company sought and received shareholder

approval at its Annual and Special Meeting on June 21, 2018, to amend the Company’s articles to allow for

the implementation of a share consolidation with a ratio of 5-for-1, prior to December 31, 2018.

The Board will review the merits of a share consolidation, taking into consideration the best interests of the

Company, its trading price and the requirements of the New York Stock Exchange.

About Eldorado Gold

Eldorado is a gold and base metals producer with mining, development and exploration operations in

Turkey, Greece, Romania, Serbia, Canada and Brazil. The Company has a highly skilled and dedicated

workforce, 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).

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Cautionary Note about Forward-looking Statements and Information

Certain of the statements made and information provided in this press release are 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, these forward -looking

statements and forward-looking information can be identified by the use of words such as "plans", "expects", "is expected", "budget", “continue”,

“projected”, "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 contained in this release include, but are not limited to, statements or information with r espect to the

proposed share consolidation.

Forward-looking statements and forward -looking information by their nature ar e 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 material ly 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 in this this release. 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. Many assumptions may be difficult to predict and are beyond our

control.

Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incor rect, 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: geopolitical and economic climate (global and local), risks related to mineral tenure and permi ts; gold and other

commodity price volatility; recoveries of gold and other metals; results of test work; revised guidance; risks regarding potential and pending litigation

and arbitration proceedings relating to the Company’s, business, properties and operations; expected impact on reserves and the carrying value; the

updating of the reserve and resource models and life of mine plans; mining operational and development risk; foreign country operational risks; risks

of sovereign investment; regulatory risks and liabilities including, regulatory environment and restrictions, and environmental regulatory restrictions

and liability; discrepancies between actual and estimated production, mineral reserves and resources and metallurgical testing and recoveries; risks

related to the impact of the sale of our Chinese assets and the acquisition and integration of Integra on the Company’s operations; additional funding

requirements; currency fluctuations; community and non-governmental organization actions; speculative nature of gold exploration; dilution; share

price volatility; competition; loss of key employees; and defective title to mineral claims or properties, as well as those risk factors discussed in the

sections titled “Forward-Looking Statements” and "Risk factors in our business" in the Company's most recent Annual Information Form & Form 40-

F. The read er is directed to carefully review the detailed risk discussion in our most recent Annual Information Form filed on SEDAR und er our

Company name, which discussion is incorporated by reference in this release, for a fuller understanding of the risks and uncertainties that affect the

Company’s business and operations.

Forward-looking statements and information is designed to help you understand management’s current views of our near and longer term prospects,

and it may not be appropriate for other purposes.

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 o n 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.

Contact

Investor Relations

Peter Lekich, Manager Investor Relations

604.687.4018 or 1.888.353.8166

[email protected]

Media

Louise Burgess, Director Communications and Government Relations

604.601.6679 or 1.888.353.8166

[email protected]