Director/PDMR Shareholding

El Oro Ltd (the "Company")

2 March 2015

Directors Shareholding

The Company has been informed of the following transactions in its ordinary shares by Group Company Directors on 25 and 26 February 2015 as follows:

Mrs EW Houston, a non-executive Director of a subsidiary (El Oro and Exploration Company Limited), on 3 January 2014 transferred 60,000 ordinary shares in the Company at 45.0 pence per share between family accounts.

Following these transactions:

Mr CRW Parish has a beneficial holding in the Company, following the notification of these transactions, of 6,062,881 ordinary shares representing 10.29% of the Company together with a non-beneficial holding of 9,777,091 ordinary shares representing 15.17% of the Company. This represents an interest of 25.46% in the total voting rights of the Company.

Mrs EW Houston has a beneficial holding in the Company, following the notification of these transactions, of 6,062,881 representing 9.41% of the Company together with a non-beneficial holding of 3,078,832 ordinary shares representing 4.78% of the Company. This represents an interest of 14.8% in the total voting rights of the Company.

For further information, please contact:

Dexion Capital (Guernsey) Limited 01481 732814

Christopher Copperwaite

El Oro Ltd 020 7581 2782 www.eloro.com 

Robin Parish, Chairman

Steven McKeane