Director/PDMR Shareholding

El Oro Ltd (the "Company")

4 June 2014

Directors Shareholding

The Company has been informed of a record keeping discrepancy by a Director on 4 June 2014 as follows:

Mr CRW Parish, an executive Director, advised that his beneficial holding in the ordinary shares of the Company is 6,559,680 and not 6,678,285 as previously notified.

Following this advice:

Mr CRW Parish has a beneficial holding in the Company following the notification of the record keeping discrepancy of 6,559,680 ordinary shares, representing 10.18% of the Company, together with a non-beneficial holding of 10,659,011 ordinary shares representing 16.54% of the Company. This represents an interest of 26.72% in the total voting rights of the Company.

For further information, please contact:

El Oro Ltd 020 7581 2782 www.eloro.com 

Robin Parish, Chairman

Steven McKeane