Director/PDMR Shareholding

El Oro Ltd (the "Company")

24 October 2013

Directors Shareholding

The Company has been informed of the following transactions in its ordinary shares by a Director of a subsidiary company (El Oro and Exploration Company Limited) on 21 October 2013 as follows:

Mrs EW Houston, a non-executive Director of the subsidiary company, transferred 800 ordinary shares in the Company at 85.0 pence per share between family trusts.

The Company has been informed of the following transactions in its ordinary shares by a Director on 21 October 2013 as follows:

Mr CRW Parish, an executive Director purchased 800 ordinary shares in the Company at 85.0 pence per share as a Trustee for a family trust.

Following this transaction:

Mr CRW Parish has a beneficial holding in the Company, following the notification of these transactions, of 6,379,246 ordinary shares representing 9.88% of the Company together with a non-beneficial holding of 10,659,011 ordinary shares representing 16.51% of the Company. This represents an interest of 26.39% 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 6,122,881 representing 9.48% of the Company together with a non-beneficial holding of 3,960,752 ordinary shares representing 6.13% of the Company. This represents an interest of 15.61% in the total voting rights of the Company.

For further information, please contact:

Dexion Capital (Guernsey) Limited 01481 732814

Gillian Newton

El Oro Ltd 020 7581 2782 www.eloro.com 

Robin Parish, Chairman

Steven McKeane