Net Asset Value(s)

El Oro Ltd

11 August 2016

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

Immediate Announcement: Net Asset Value 

Valuation date 31 July 2016

Currency GBP

NAV 84.3 pence

Share Price (mid) 55.0 pence

Discount 34.8 %

The Company's Share Price can be found at www.cisx.com and also on SETSqx [ticker - ELX].

For further information, please contact:

Christopher Copperwaite - 01481 748831

El Oro Ltd www.eloro.com 020 7581 2782

Robin Woodbine Parish, Chairman

Una Ni Dhonaill

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

End of announcement