Change of Registrar

10 January 2013

El Oro Ltd. ("the Company") Registration No: 49778

Change of Registrar

The board of El Oro Ltd announces that with effect 7 January 2013 the Company has transferred the management of its share register from Capita Registrars to Computershare Investor Services (Guernsey) Limited.

Effective 8 January 2013, the Company confirms that new share certificates have been issued by Computershare Investor Services (Guernsey) Limited and all previously issued certificates by Capita Registrars are null and void.

For further information, please contact:

Computershare Investor Services (Guernsey) Limited 0870 707 4040

Shareholder helpline

El Oro Ltd www.eloro.com 020 7581 2782

Abbie Giles

Steven McKeane

Dexion Capital (Guernsey) Limited 01481 732814

Gillian Newton

Chris Copperwaite

Registered address: 1 Le Truchot, St Peter Port, Guernsey GY1 1WD

End of announcement