Net Asset Value(s)

El Oro Ltd

27 July 2016

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

Immediate Announcement: Net Asset Value 

Valuation date 30 June 2016

Currency GBP

NAV 79.5 pence

Share Price (mid) 55.0 pence

Discount 30.8 %

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

For further information, please contact:

Aztec Financial Services (Guernsey) Limited  01481 748831

Christopher Copperwaite

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