EL ORO : 20 Oct - Notice of Annual General Meeting

Notice of Annual General Meeting and proposed amendment to articles of incorporation | Announced - 20 October 2016

NOTICE IS HEREBY GIVEN that the Company's SEVENTH ANNUAL GENERAL MEETING and the ONE HUNDRED AND TWELFTH ANNUAL GENERAL MEETING OF THE EL ORO GROUP will be held on 17 November 2016 at 41 Cheval Place, London SW7 1EW at 12 noon for the following purposes:

Ordinary resolutions:

1. To receive the Directors' report and the consolidated financial statements for the year ended 30 June 2016.
2. To re-appoint PricewaterhouseCoopers CI LLP as Auditor of the Company, to hold office until the conclusion of the next General Meeting at which financial statements are laid before the Company and to authorise the Directors to fix their remuneration.
3. To authorise the payment of a final dividend of 2.405 pence per Ordinary Share for the year-ended 30 June 2016.
4. To authorise the Company generally and unconditionally to make market purchases within the meaning of Section 315 of the Companies (Guernsey) Law 2008, the authority for market acquisitions set forth in Article 4.7 of the Company's Articles of Incorporation to be approved and restated on the basis that Ordinary Shares in the capital of the Company ('Shares') may be purchased upon or subject to the following conditions:
   • a) the maximum number of Shares hereby authorised to be purchased is 6,111,558;
   • b) the maximum price at which Shares may be purchased shall be 5% above the average of the middle market quotations for the Shares as taken from the Channel Islands Stock Exchange Daily Official List for the five business days preceding the date of purchase and the minimum price shall be 5 pence per share, in both cases exclusive of expenses; and
   • c) the authority to purchase conferred by this Resolution shall expire on the date falling eighteen months after the date of this resolution or, if earlier, at the conclusion of the next Annual General Meeting of the Company after the passing of this Resolution, save that the Company may before such expiry enter into a contract of purchase under which such contract may be completed or executed wholly or partly after the expiration of this authority.

Special resolution:

1. To amend the Company's Articles of Incorporation to provide that the Company be placed into voluntary liquidation within six months after the end of the 2018 AGM (to be held in no earlier than 1 November 2018), unless the Members pass a special resolution at the 2018 AGM (or at an earlier requisitioned general meeting) for the continuation of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd
Tel: [phone]

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Directors Dealings | Announced - 12 October 2016

Notification of transactions of directors, persons discharging managerial responsibility or connected persons.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	ROBIN PARISH
2	Reason for the notification
a)	Position/status	DIRECTOR
b)	Initial notification/Amendment	INITIAL
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	EL ORO LTD
b)	LEI	213800MXA2RGPS4E7W74
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	ORDINARY SHARES
	Identification code	ELX
b)	Nature of the transaction	PURCHASE
c)	Price(s) and volume(s)	Price(s) Volume(s) 66.5p 20,000
d)	Aggregated information	AS IN 4 C) ABOVE
	- Aggregated volume
	- Price
e)	Date of the transaction	12 OCTOBER 2016
f)	Place of the transaction	CHANNEL ISLANDS SECURITIES EXCHANGE

Following this advice:
Mr CRW Parish has a beneficial holding in the Company of 6,881,445 ordinary shares, representing 10.84% of the Company, together with a non-beneficial holding of 6,698,259 ordinary shares representing 10.56% of the Company. This represents an interest of 21.40% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd
Tel: [phone]

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

NAV announcement | Announced - 12 October 2016

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

Immediate Announcement:

Net Asset Value
Valuation date	31 August 2016
Currency	GBP
NAV	84.6 pence
Share Price (mid)	55.0 pence
Discount	30%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd
Tel: [phone]

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Directors Dealings | Announced - 11 October 2016

Notification of transactions of directors, persons discharging managerial responsibility or connected persons.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	ROBIN PARISH
2	Reason for the notification
a)	Position/status	DIRECTOR
b)	Initial notification/Amendment	INITIAL
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	EL ORO LTD
b)	LEI	213800MXA2RGPS4E7W74
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	ORDINARY SHARES
	Identification code	ELX
b)	Nature of the transaction	PURCHASE
c)	Price(s) and volume(s)	Price(s) Volume(s) 66.5p 20,000
d)	Aggregated information	AS IN 4 C) ABOVE
	- Aggregated volume
	- Price
e)	Date of the transaction	10 OCTOBER 2016
f)	Place of the transaction	CHANNEL ISLANDS SECURITIES EXCHANGE

Following this advice:
Mr CRW Parish has a beneficial holding in the Company of 6,859,445 ordinary shares, representing 10.81% of the Company, together with a non-beneficial holding of 6,698,259 ordinary shares representing 10.56% of the Company. This represents an interest of 21.37% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd
Tel: [phone]

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Directors Dealings | Announced - 10 October 2016

Notification of transactions of directors, persons discharging managerial responsibility or connected persons.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	ROBIN PARISH
2	Reason for the notification
a)	Position/status	DIRECTOR
b)	Initial notification/Amendment	INITIAL
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	EL ORO LTD
b)	LEI	213800MXA2RGPS4E7W74
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	ORDINARY SHARES
	Identification code	ELX
b)	Nature of the transaction	PURCHASE
c)	Price(s) and volume(s)	Price(s) Volume(s) 67p 20,000
d)	Aggregated information	AS IN 4 C) ABOVE
	- Aggregated volume
	- Price
e)	Date of the transaction	5 OCTOBER 2016
f)	Place of the transaction	CHANNEL ISLANDS SECURITIES EXCHANGE

Following this advice:
Mr CRW Parish has a beneficial holding in the Company of 6,839,445 ordinary shares, representing 10.78% of the Company, together with a non-beneficial holding of 6,698,259 ordinary shares representing 10.56% of the Company. This represents an interest of 21.34% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd
Tel: [phone]

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Head of Finance announcement | Announced - 04 October 2016

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

The Board would like to announce that Una Ni Dhonaill was appointed as Head of Finance effective 30 June 2016. The Chairman thanked Steven McKeane for his contributions to the El Oro Group during the past ten years.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd
Tel: [phone]

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

NAV announcement - Amendment | Announced - 04 October 2016

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

Following an adjustment to a year-end provision in the year-end accounts, the net asset values for 30 June 2016 and 31 July 2016 have changed slightly.

The revisions are as follows:

Immediate Announcement:

Net Asset Value
Valuation date	30 June 2016	Revised
Currency	GBP
NAV	79.5 pence	79.7 pence
Share Price (mid)	55.0 pence	no change
Discount	30.8.%	30.9%

Immediate Announcement:

Net Asset Value
Valuation date	31 July 2016	Revised
Currency	GBP
NAV	84.3 pence	84.5 pence
Share Price (mid)	55.0 pence	no change
Discount	34.8%	34.9%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd
Tel: [phone]

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Final Results - 30 June 2016 | Announced - 04 October 2016

El Oro Ltd announces its final results for the year ended 30 June 2016.

Extracts from the final results are set out below.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd
Tel: [phone]

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Final Dividend to 30 June 2016 | Announced - 04 October 2016

The Directors of El Oro Ltd have declared a final dividend of 2.405 pence for the year-ended 30 June 2016 payable on 28 November 2016 to Members registered on the books of the Company at the close of business on 28 October 2016. The ex-dividend date will be 27 October 2016.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd.
Tel: [phone]

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Annual Report at 30 June 2016 | Announced - 04 October 2016

The Directors are pleased to announce the audited Financial Statements for the year ended 30 June 2016 for the Company.

The audited Financial Statements for the Company are attached to this announcement.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd.
Tel: [phone]

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Change of Administrator | Announced - 27 September 2016

Following a strategic review by Dexion Capital (Guernsey) Limited and discussions with the Company, the Company has appointed Aztec Financial Services (Guernsey) Limited ('Aztec') as its Administrator in Guernsey effective immediately. The key staff that have provided administrator and company secretarial services to the Company have transferred to Aztec, thus providing continuity of services.

The Company's registered office will also change to East Wing, Trafalgar Court, Les Banques, St Peter Port, Guernsey on 28 September 2016.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd.
Tel: [phone]

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Proposal regarding continuation of Company | Announced - 06 September 2016

The Directors of the Company have resolved to table a special resolution at the next Annual General Meeting of the Company (which is planned to take place on 17 November 2016) to amend the Company's Articles of Incorporation to provide that the Company be placed into voluntary liquidation, unless the shareholders of the Company pass a special resolution at the Annual General Meeting to be held in or around November 2018 that the Company may continue (the 'Resolution').

Robin Parish, Robert Wade, Junior Kumaramangalam and Anthony Wild, being Directors of the Company who hold or are interested in shares in the Company, and Emma Houston and David Hunting, being Directors of the Company's subsidiary, El Oro and Exploration Company Limited, who hold or are interested in shares in the Company, have all executed undertakings to vote in favour of the Resolution.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd.
Tel: [phone]

Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

NAV announcement | Announced - 11 August 2016

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

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 [ticker - ELX].

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd.
Tel: [phone]

Fidante Partners (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

NAV announcement | Announced - 27 July 2016

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

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 [ticker - ELX].

For further information, please contact:
C Robin Woodbine Parish: Chairman
Una Ni Dhonaill
El Oro Ltd.
Tel: [phone]

Fidante Partners (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Directors Shareholding | Announced - 29 June 2016

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

Mr CRW Parish, an executive Director, on 16 June 2016 purchased 40,000 shares in the Company at 51.25 pence per share on his own account. Additionally, Mr Parish transferred 110,000 shares between his personal holding and a pension account on 16 June 2016.

Following this advice:
Mr CRW Parish has a beneficial holding in the Company of 6,819,445 ordinary shares, representing 10.74% of the Company, together with a non-beneficial holding of 6,698,259 ordinary shares representing 10.55% of the Company. This represents an interest of 21.29% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Fidante Partners (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Related party share transaction at arms-length | Announced - 17 June 2016

On 16 June 2016 the Company purchased 55,065 of its ordinary shares on market at a price of 51 pence for cancellation.

Following this cancellation the shares in issue with voting rights will be 63,455,990.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Fidante Partners (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

NAV announcement | Announced - 16 June 2016

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 May 2016
Currency	GBP
NAV	78.7 pence
Share Price (mid)	50.0 pence
Discount	36.5%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Fidante Partners (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Directors Shareholding | Announced - 09 June 2016

The Company has been informed of the following transaction in its ordinary shares by a Director as follows:

Mr CRW Parish, an executive Director, on 3 June 2016 purchased 58,170 shares in the Company at 51.0 pence per share on his own account and also on 6 June 2016 purchased 20,000 shares in the Company at 51.0 pence per share on his own account. Additionally, Mr Parish transferred 80,000 shares between his personal holding and a pension account on 8 June 2016.

Following this advice:
Mr CRW Parish has a beneficial holding in the Company of 6,779,445 ordinary shares, representing 10.67% of the Company, together with a non-beneficial holding of 6,698,259 ordinary shares representing 10.55% of the Company. This represents an interest of 21.22% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Fidante Partners (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Directors Shareholding | Announced - 03 June 2016

The Company has been informed of the following transaction in its ordinary shares by a Director as follows:

Mr CRW Parish, an executive Director, on 2 June 2016 purchased 15,000 shares in the Company at 51.0 pence per share on his own account. Additionally, Mr Parish transferred 100,000 shares between his personal holding and his pension account.

Following this advice:
Mr CRW Parish has a beneficial holding in the Company of 6,701,275 ordinary shares, representing 10.55% of the Company, together with a non-beneficial holding of 6,698,259 ordinary shares representing 10.55% of the Company. This represents an interest of 21.10% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Fidante Partners (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Related party share transaction at arms-length | Announced - 31 May 2016

On 31 May 2016 the Company purchased 590,190 (0.917%) of its ordinary shares at a price per share of 50 pence for cancellation.

Following this cancellation the shares in issue with voting rights will be 63,511,055.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Fidante Partners (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

NAV announcement | Announced - 10 May 2016

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	29 April 2016
Currency	GBP
NAV	78.6 pence
Share Price (mid)	45.0 pence
Discount	42.7%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Fidante Partners (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Directors Shareholding | Announced - 04 May 2016

The Company has been informed of the following transactions in its ordinary shares by a Group Company Director on 3 May 2016 as follows:

Mrs EW Houston, a non-executive Director of a subsidiary (El Oro and Exploration Company Limited), on 2 December 2015 transferred 72,000 ordinary shares in the Company at 40.0 pence per share between family accounts.

Following this advice:
Mrs EW Houston has a beneficial holding in the Company, following the notification of these transactions, of 5,930,881 representing 9.25% of the Company together with a non-beneficial holding of 3,078,832 ordinary shares representing 4.80% of the Company. This represents an interest of 14.06% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Fidante Partners (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

NAV announcement | Announced - 15 April 2016

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 March 2016
Currency	GBP
NAV	74.5 pence
Share Price (mid)	45.0 pence
Discount	39.6%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Directors Shareholding | Announced - 15 March 2016

The Company has been informed of the following transaction in its ordinary shares by a Director as follows:

Mr CRW Parish, an executive Director, on 14 March 2016 reorganised some shareholdings on his personal holdings and within his family trusts. The sale of 63,400 and repurchase of 63,400 ordinary shares in the Company at 48.0 pence per share resulted in no change to his beneficial ownership in the ordinary shares of the Company.

Following this advice:
Mr CRW Parish has a beneficial holding in the Company of 6,686,275 ordinary shares, representing 10.43% of the Company, together with a non-beneficial holding of 9,777,091 ordinary shares representing 15.25% of the Company. This represents an interest of 25.68% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Interim Results at 31 December 2015 | Announced - 11 March 2016

El Oro Ltd announces its interim results for the six months ended 31 December 2015.

Extracts from the interim results are set out below.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

NAV announcement | Announced - 08 March 2016

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	29 February 2016
Currency	GBP
NAV	71.5 pence
Share Price (mid)	45.0 pence
Discount	37.1%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

NAV announcement | Announced - 08 February 2016

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	29 January 2016
Currency	GBP
NAV	69.5 pence
Share Price (mid)	50.0 pence
Discount	28.1%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Directors Shareholding | Announced - 11 January 2016

The Company has been informed of the following transaction in its ordinary shares by a Director as follows:

Mr CRW Parish, an executive Director, on 7 January 2016 reorganised some shareholdings on his personal holdings and within his family trusts. The sale of 192,000 and repurchase of 153,500 ordinary shares in the Company at 52.0 pence per share resulted in a decrease to his beneficial ownership of 38,500 ordinary shares in the Company.

Following this advice:
Mr CRW Parish has a beneficial holding in the Company of 6,686,275 ordinary shares, representing 10.43% of the Company, together with a non-beneficial holding of 9,777,091 ordinary shares representing 15.25% of the Company. This represents an interest of 25.68% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

NAV announcement | Announced - 08 January 2016

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 December 2015
Currency	GBP
NAV	73.3 pence
Share Price (mid)	50.0 pence
Discount	31.8%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Directors Shareholding | Announced - 06 January 2016

The Company has been informed of the following transaction in its ordinary shares by a Director as follows:

Mr CRW Parish, an executive Director, on 5 January 2016 reorganised some shareholdings on his personal holdings and within his family trusts. The resulting sales and purchases of 200,000 ordinary shares in the Company at 50.0 pence per share resulted in no change to either his beneficial or non-beneficial ownership in the total voting rights of the Company.

Following this advice:
Mr CRW Parish has a beneficial holding in the Company of 6,724,775 ordinary shares, representing 10.49% of the Company, together with a non-beneficial holding of 9,777,091 ordinary shares representing 15.25% of the Company. This represents an interest of 25.74% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Directors Shareholding | Announced - 23 December 2015

The Company has been informed of the following transaction in its ordinary shares by a Director as follows:

Mr CRW Parish, an executive Director, on 22 December 2015 reorganised some shareholdings on his personal holdings and within his family trusts. The resulting sales and purchases of 102,000 ordinary shares in the Company at 50.0 pence per share resulted in no change to either his beneficial or non-beneficial ownership in the total voting rights of the Company.

Following this advice:
Mr CRW Parish has a beneficial holding in the Company of 6,724,775 ordinary shares, representing 10.49% of the Company, together with a non-beneficial holding of 9,777,091 ordinary shares representing 15.25% of the Company. This represents an interest of 25.74% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

NAV announcement | Announced - 11 December 2015

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	30 November 2015
Currency	GBP
NAV	73.5 pence
Share Price (mid)	50.0 pence
Discount	32%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Directors Shareholding | Announced - 07 December 2015

The Company has been informed of the following transactions in its ordinary shares by a Group Company Director on 2 December 2015 as follows:

Mrs EW Houston, a non-executive Director of a subsidiary (El Oro and Exploration Company Limited), on 2 December 2015 transferred 60,000 ordinary shares in the Company at 45.0 pence per share between family accounts.

Following these transactions:
Mrs EW Houston has a beneficial holding in the Company, following the notification of these transactions, of 6,002,881 representing 9.36% of the Company together with a non-beneficial holding of 3,108,832 ordinary shares representing 4.85% of the Company. This represents an interest of 14.21% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Results of AGM | Announced - 20 November 2015

At the Sixth Annual General Meeting of the Company, held on 19 November 2015, all resolutions were approved and agreed:

Ordinary resolutions:

• 1) To receive the Directors' report and the consolidated financial statements for the year ended 30 June 2015.
• 2) To re-appoint PricewaterhouseCoopers CI LLP as Auditor of the Company, to hold office until the conclusion of the next General Meeting at which accounts are laid before the Company and to authorise the Directors to fix their remuneration.
• 3) To authorise the payment of a final dividend of 2.405 pence for the year-ended 30 June 2015.
• 4) To authorise the Company generally and unconditionally to make market purchases within the meaning of Section 315 of the Companies (Guernsey) Law 2008, the authority for market acquisitions set forth in Article 4.7 of the Company's Articles of Incorporation be approved and restated on the basis that of its Ordinary Shares in the capital of the Company ('Shares') upon or subject to the following conditions:
  • the maximum number of Shares hereby authorised to be purchased is 6,439,730;
  • the maximum price at which Shares may be purchased shall be 5% above the average of the middle market quotations for the Shares as taken from the Channel Islands Stock Exchange Daily Official List for the five business days preceding the date of purchase and the minimum price shall be 5 pence per share, in both cases exclusive of expenses; and
  • c) the authority to purchase conferred by this Resolution shall expire on the date falling eighteen months after the date of this resolution or at the conclusion of the next Annual General Meeting of the Company after the passing of this Resolution, save that the Company may before such expiry enter into a contract of purchase under which such contract may be completed or executed wholly or partly after the expiration of this authority.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Results of EGM | Announced - 20 November 2015

At the Extraordinary General Meeting of the Company, held on 19 November 2015, all resolutions were approved and agreed::

Special resolutions:

• 1) THAT, the Company be authorised to sell to a purpose trust (the 'Purpose Trust') ordinary shares of no par value each in the capital of the Company ('Ordinary Shares') held by Members to which the provisions of Article 35.1 apply, and for the purposes of section 314 of The Companies (Guernsey) Law, 2008 (as amended), the terms of an agreement between the Company and the Purpose Trust for the purchase by the Company of up to 590,190 Ordinary Shares as set out in the draft contract annexed to this resolution (the 'Acquisition Agreement') be and are hereby authorised and that the Company be authorised to enter into the Acquisition Agreement and purchase the Ordinary Shares on or after 1 March 2016. The authority conferred by this resolution shall expire on 30 September 2016.
• 2) THAT, Article 35.1.1 of the Company's Articles be amended to read 'for a period of twelve years no cheque or warrant sent by the Company through the post in a pre-paid letter addressed to the Member or to the person so entitled to the share at his address in the Register or otherwise the last known address given by the Member or the person entitled by transmission to which cheques and warrants are to be sent has been cashed and no communication has been received by the Company from the Member or the person so entitled, provided that in such period of 12 years, the Company has paid out at least three dividends whether interim or final (and for the purposes of this Article 35.1.1, references to the 'Company' shall include references to 'El Oro and Exploration Company Limited' (a company incorporated in the United Kingdom with company number 80408), and shall include references to such company whilst it was a public limited company, and references to 'Member' shall include references to registered holders of shares issued by such company); or'.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

NAV announcement | Announced - 10 November 2015

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 October 2015
Currency	GBP
NAV	77.0 pence
Share Price (mid)	50.0 pence
Discount	35.1%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Notice of an Extraordinary General Meeting | Announced - 06 November 2015

Notice is hereby given that the Extraordinary General Meeting of the Company will be held at 41 Cheval Place, London SW7 1EW, United Kingdom, on 19 November 2015 at 11.45 a.m. for the transaction of the following business:

SPECIAL BUSINESS

To consider and, if thought fit, pass the following resolutions, each of which will be proposed as a special resolution:

1. THAT, conditional upon the passing of the special resolution to amend Article 35.1.1, the Company be authorised to sell to a purpose trust (the 'Purpose Trust') ordinary shares of no par value each in the capital of the Company ('Ordinary Shares') held by Members to which the provisions of Article 35.1 apply, and for the purposes of section 314 of The Companies (Guernsey) Law, 2008 (as amended), the terms of an agreement between the Company and the Purpose Trust for the purchase by the Company of up to 590,190 Ordinary Shares as set out in the draft contract annexed to this resolution (the 'Acquisition Agreement') be and are hereby authorised and that the Company be authorised to enter into the Acquisition Agreement and purchase the Ordinary Shares on or after 1 March 2016. The authority conferred by this resolution shall expire on 30 September 2016.
2. THAT, Article 35.1.1 of the Company's Articles be amended to read 'for a period of twelve years no cheque or warrant sent by the Company through the post in a pre-paid letter addressed to the Member or to the person so entitled to the share at his address in the Register or otherwise the last known address given by the Member or the person entitled by transmission to which cheques and warrants are to be sent has been cashed and no communication has been received by the Company from the Member or the person so entitled, provided that in such period of 12 years, the Company has paid out at least three dividends whether interim or final (and for the purposes of this Article 35.1.1, references to the 'Company' shall include references to 'El Oro and Exploration Company Limited' (a company incorporated in the United Kingdom with company number 80408), and shall include references to such company whilst it was a public limited company, and references to 'Member' shall include references to registered holders of shares issued by such company); or'.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Directors' Report 30 June 2015 - clarification | Announced - 21 October 2015

The Board would like to confirm that the following sentence in the Directors' Report on page 10 of the Annual Report to 30 June 2015:

'The Remuneration Committee recommended, and the Directors agreed to a performance bonus of £83,082 (2014: £157,704) for the year ended 30 June 2015.'

Should read:

'The Remuneration Committee recommended, and the Directors agreed that no performance bonus would be paid for the year ended 30 June 2015 (2014: £157,704).'

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Related party share transaction at arms-length | Announced - 19 October 2015

On 16 October 2015 the Directors resolved that the Company will purchase 296,050 (0.46%) of its ordinary shares on market at a price of 41.5 pence for cancellation.

Following this cancellation the shares in issue with voting rights will be 64,101,245.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Directors Shareholding | Announced - 19 October 2015

The Company has been informed of the following transaction in its ordinary shares by a Director as follows:

Mr CRW Parish, an executive Director, on 16 October 2015 bought 20,000 ordinary shares in the Company at 41.5 pence per share on his own account.

Following this advice:
Mr CRW Parish has a beneficial holding in the Company of 6,724,775 ordinary shares, representing 10.44% of the Company, together with a non-beneficial holding of 9,777,091 ordinary shares representing 15.18% of the Company. This represents an interest of 25.62% in the total voting rights of the Company.

Following the cancellation of the 296,050 shares purchased on 16 October 2015 by the Company for cancellation, Mr Parish's holdings will be as follows:
Mr CRW Parish has a beneficial holding in the Company of 6,724,775 ordinary shares, representing 10.49% of the Company, together with a non-beneficial holding of 9,777,091 ordinary shares representing 15.25% of the Company. This represents an interest of 25.74% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

NAV announcement | Announced - 15 October 2015

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	30 September 2015
Currency	GBP
NAV	73.2 pence
Share Price (mid)	50.0 pence
Discount	31.7%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

NAV announcement - Amendment | Announced - 30 September 2015

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Following an adjustment to a year-end provision in the year-end accounts, the net asset values for 30 June 2015, 31 July 2015 and 31 August 2015 have changed slightly.

The revisions are as follows:

Immediate Announcement:

Net Asset Value
Valuation date	30 June 2015	Revised
Currency	GBP
NAV	80.3 pence	80.5 pence
Share Price (mid)	55.0 pence	no change
Discount	31.5%	31.7%

Immediate Announcement:

Net Asset Value
Valuation date	31 July 2015	Revised
Currency	GBP
NAV	78.4 pence	78.5 pence
Share Price (mid)	55.0 pence	no change
Discount	29.8%	29.9%

Immediate Announcement:

Net Asset Value
Valuation date	31 August 2015	Revised
Currency	GBP
NAV	75.5 pence	75.6 pence
Share Price (mid)	55.0 pence	no change
Discount	27.2%	no change

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Final Dividend to 30 June 2015 | Announced - 29 September 2015

On 28 September 2015, the Directors of El Oro Ltd declared a final dividend of 2.405 pence for the year-ended 30 June 2015 payable on 27 November 2015 to Members registered on the books of the Company at the close of business on 30 October 2015. The ex-dividend date will be 29 October 2015.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Annual Report at 30 June 2015 | Announced - 29 September 2015

The Directors are pleased to announce the audited Financial Statements for the year ended 30 June 2015 for the Company.

The audited Financial Statements for the Company are attached to this announcement.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Final Results - 30 June 2015 | Announced - 29 September 2015

El Oro Ltd announces its final results for the year ended 30 June 2015.

Extracts from the final results are set out below.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

NAV announcement | Announced - 10 September 2015

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 August 2015
Currency	GBP
NAV	75.5 pence
Share Price (mid)	55.0 pence
Discount	27.2%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

NAV announcement | Announced - 24 August 2015

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 July 2015
Currency	GBP
NAV	78.4 pence
Share Price (mid)	55.0 pence
Discount	29.8%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

NAV announcement | Announced - 27 July 2015

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	30 June 2015
Currency	GBP
NAV	80.3 pence
Share Price (mid)	55.0 pence
Discount	31.5%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

NAV announcement | Announced - 08 June 2015

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 May 2015
Currency	GBP
NAV	82.5 pence
Share Price (mid)	55.0 pence
Discount	33.3%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

NAV announcement | Announced - 12 May 2015

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	30 April 2015
Currency	GBP
NAV	80.3 pence
Share Price (mid)	50.0 pence
Discount	37.7%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

NAV announcement | Announced - 10 April 2015

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 March 2015
Currency	GBP
NAV	78.5 pence
Share Price (mid)	50.0 pence
Discount	36.3%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Directors Shareholding | Announced - 09 April 2015

The Company has been informed of the following transaction in its ordinary shares by a Director as follows:

Mr CRW Parish, an executive Director, on 8 April 2015 bought 10,000 ordinary shares in the Company at 50.0 pence per share for one of his children.

Following this advice:
Mr CRW Parish has a beneficial holding in the Company of 6,794,775 ordinary shares, representing 10.55% of the Company, together with a non-beneficial holding of 9,777,091 ordinary shares representing 15.18% of the Company. This represents an interest of 25.73% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Directors Shareholding | Announced - 25 March 2015

The Company has been informed of the following transaction in its ordinary shares by a Director on 20 March 2015 as follows:

Mr SB Kumaramangalam, a Director, advised that his wife transferred 30,000 ordinary shares in the Company at 50.0 pence per share on her personal holdings. The announcement made on 23 March 2015 should be disregarded as it only reflects one side of this transfer.

Following this advice:
Mr Kumaramangalam has a beneficial holding in the Company of 6,393,368 ordinary shares, representing 9.92% of the Company, together with a non-beneficial holding of 3,314,407 ordinary shares representing 5.14% of the Company. This represents an interest of 15.06% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Directors Shareholding | Announced - 23 March 2015

The Company has been informed of the following transaction in its ordinary shares by a Director on 20 March 2015 as follows:

Mr SB Kumaramangalam, a Director, advised that his wife bought 30,000 ordinary shares in the Company at 50.0 pence per share for her personal holding.

Following this advice:
Mr Kumaramangalam has a beneficial holding in the Company of 6,423,368 ordinary shares, representing 9.97% of the Company, together with a non-beneficial holding of 3,314,407 ordinary shares representing 5.14% of the Company. This represents an interest of 15.11% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

NAV announcement | Announced - 09 March 2015

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	27 February 2015
Currency	GBP
NAV	80.7 pence
Share Price (mid)	50.0 pence
Discount	38%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Directors Shareholding | Announced - 02 March 2015

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 2015 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:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Directors Shareholding | Announced - 24 February 2015

The Company has been informed of the following transaction in its ordinary shares by a Director on 23 February 2015 as follows:

Mr CRW Parish, an executive Director, on 23 February 2015 sold 150,000 ordinary shares in the Company at 55.0 pence per share for his personal holding.

Following this advice:
Mr CRW Parish has a beneficial holding in the Company of 6,734,775 ordinary shares, representing 10.45% of the Company, together with a non-beneficial holding of 9,732,091 ordinary shares representing 15.10% of the Company. This represents an interest of 25.55% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Interim Results at 31 December 2014 | Announced - 18 February 2015

El Oro Ltd announces its interim results for the six months ended 31 December 2014.

Extracts from the interim results are set out below.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Directors Shareholding | Announced - 11 February 2015

The Company has been informed of changes in the non-beneficial holdings of its ordinary shares by a Director following the maturation of a family trust:

Mr CRW Parish, an executive Director, is no longer connected to a family trust which held 926,920 ordinary shares in the Company.

Following this advice:
Mr CRW Parish has a beneficial holding in the Company of 6,884,775 ordinary shares, representing 10.68% of the Company, together with a non-beneficial holding of 9,732,091 ordinary shares representing 15.10% of the Company. This represents an interest of 25.78% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

NAV announcement | Announced - 10 February 2015

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 January 2015
Currency	GBP
NAV	79.0 pence
Share Price (mid)	55.0 pence
Discount	30.4%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

NAV announcement | Announced - 12 January 2015

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 December 2014
Currency	GBP
NAV	79.7 pence
Share Price (mid)	70.0 pence
Discount	12.2%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

NAV announcement | Announced - 08 December 2014

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	30 November 2014
Currency	GBP
NAV	82.5 pence
Share Price (mid)	70.0 pence
Discount	15.2%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

NAV announcement | Announced - 17 November 2014

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 October 2014
Currency	GBP
NAV	84.6 pence
Share Price (mid)	70.0 pence
Discount	17.3%

The final dividend of 3.7 pence for the year ended 30 June 2014 has been deducted from the October NAV as it went ex-dividend on 30 October 2014, which represents a drop of 3.94% on the NAV during October. Pending shareholder approval at the AGM on 20 November 2014 the dividend will be paid on 24 November 2014.

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

NAV announcement | Announced - 13 October 2014

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	30 September 2014
Currency	GBP
NAV	93.7 pence
Share Price (mid)	73.0 pence
Discount	22.1%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Related party share transaction at arms-length | Announced - 13 October 2014

The Directors have resolved that the Company will purchase 60,010 of its ordinary shares from a long term holding from the Estate of Mrs EC Parish at a price of 68.1 pence on 13 October 2014 for the Company's Treasury Account.

The Directors can confirm that this transaction caused no change to either the beneficial or non-beneficial holdings of Mrs EC Parish's children: Mrs CW Zegos, Mrs EW Houston, Mr CRW Parish and Mrs SW Kumaramangalam.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

NAV announcement | Announced - 12 September 2014

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 August 2014
Currency	GBP
NAV	99.2 pence
Share Price (mid)	73.0 pence
Discount	26.4%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

NAV announcement | Announced - 26 August 2014

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 July 2014
Currency	GBP
NAV	98.8 pence
Share Price (mid)	73.0 pence
Discount	26.1%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Directors Shareholding | Announced - 18 July 2014

The Company has been informed of the following transactions in its ordinary shares by a Director on 17 July 2014 as follows:

Mr CRW Parish, an executive Director, on 15 July 2014 purchased 202,995 ordinary shares in the Company at 70.0 pence per share and 9,600 ordinary shares in the Company at 73.0 pence per share for his personal holding. Additionally, Mr Parish on 17 July 2014 purchased 42,000 ordinary shares in the Company at 70.0 pence per share for his own and one other family SIPP.

Following this advice:
Mr CRW Parish has a beneficial holding in the Company following the notification of the record keeping discrepancy of 6,884,775 ordinary shares, representing 10.68% 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 27.22% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

NAV announcement | Announced - 14 July 2014

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	30 June 2014
Currency	GBP
NAV	100.9 pence
Share Price (mid)	73.0 pence
Discount	27.7%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

AIFMD Appointment | Announced - 10 July 2014

Investment manager
The Board of El Oro Ltd (the 'Company') announces that, following the coming into force of AIFMD, it has appointed Investigations & Management Limited, a wholly owned subsidiary of the group, as the Company's investment manager (the 'Manager'). The Manager replaces Mr CRW Parish as the Company's investment manager. Mr CRW Parish remains the Chairman of the Company and the personnel at the Manager managing the portfolio remain unchanged.

The above appointment is effective from 1 July 2014.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Directors Shareholding | Announced - 02 July 2014

On 1 July 2014 the Company was informed of the following transaction in its ordinary shares by a Director as follows:

Mr RE Wade a non-executive Director of the Company bought 8,000 ordinary shares in the Company at 70.00 pence per share.

Mr RE Wade has a beneficial holding in the Company following the notification of this transaction, of 513,150 ordinary shares representing 0.80% of the Company. This represents an interest of 0.80% in the total voting rights of the Company.

Following this advice:
Mr CRW Parish has a beneficial holding in the Company following the notification of the record keeping discrepancy of 6,630,180 ordinary shares, representing 10.29% 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 26.83% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Chris Copperwaite
Tel: [phone]

Directors Shareholding | Announced - 26 June 2014

The Company has been informed of the following transactions in its ordinary shares by a Director on 18 June 2014 as follows:

Mr CRW Parish, an executive Director, on 18 June 2014 purchased 70,500 ordinary shares in the Company at 70.0 pence per share in his personal holding, his SIPP and various family trust accounts.

Following this advice:
Mr CRW Parish has a beneficial holding in the Company following the notification of the record keeping discrepancy of 6,630,180 ordinary shares, representing 10.29% 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 26.83% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 10 June 2014

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	30 May 2014
Currency	GBP
NAV	97.4 pence
Share Price (mid)	70.5 pence
Discount	27.6%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

Directors Shareholding | Announced - 04 June 2014

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 these transactions:
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:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

Directors Shareholding | Announced - 29 May 2014

The Company has been informed of the following transactions in its ordinary shares by a Director on 29 May 2014 as follows:

Mr CRW Parish, an executive Director, advised that his wife on 29 May 2014 bought 1,200 ordinary shares in the Company at 73.0 pence per share.

Following these transactions:
Mr CRW Parish has a beneficial holding in the Company, following the notification of this transaction, of 6,678,285 ordinary shares representing 10.36% 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 26.90% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 15 May 2014

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	30 April 2014
Currency	GBP
NAV	94.8 pence
Share Price (mid)	69.5 pence
Discount	26.7%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

Directors Shareholding | Announced - 15 April 2014

The Company has been informed of the following transactions in its ordinary shares by a Director on 14 April 2014 as follows:

Mr CRW Parish, an executive Director, on 14 April 2014 transferred 100,000 ordinary shares in the Company at 75.0 pence per share from his personal holding to his SIPP and various family trust accounts.

Following these transactions:
Mr CRW Parish has a beneficial holding in the Company, following the notification of these transactions, of 6,677,085 ordinary shares representing 10.36% 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 26.90% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 14 April 2014

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 March 2014
Currency	GBP
NAV	94.2 pence
Share Price (mid)	76.0 pence
Discount	19.3%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

Interim Results at 31 December 2013 | Announced - 11 April 2014

El Oro Ltd announces its interim results for the six months ended 31 December 2013.

Extracts from the interim results are set out below.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 13 March 2014

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	28 February 2014
Currency	GBP
NAV	97.6 pence
Share Price (mid)	77.5 pence
Discount	20.6%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

Directors Shareholding | Announced - 12 February 2014

The Company has been informed that a previously notified transaction in its ordinary shares by a Group Company Director on 7 January 2014 as follows, was not concluded.

Mr CRW Parish, an executive Director of the Company, on 7 January 2014 sold 100,000 ordinary shares in the Company at 81.0 pence per share from his personal holding.

Following this transaction:
Mr CRW Parish has a beneficial holding in the Company, following the notification of these transactions, of 6,677,085 ordinary shares representing 10.36% 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 26.90% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 07 February 2014

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 January 2014
Currency	GBP
NAV	94.9 pence
Share Price (mid)	79.5 pence
Discount	16.2%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

Non-Mainstream Pooled Investments | Announced - 28 January 2014

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

The Board of the Company notes the rules of the UK Financial Conduct Authority ('FCA') on the promotion of non-mainstream pooled investments, effective from 1 January 2014.

The Board confirms that it conducts the Company's affairs, and intends to continue to conduct its affairs, so that the Company's shares will be 'excluded securities' under the FCA's new rules.

This is on the basis that the Company, which is resident outside the EEA, would qualify for approval as an investment trust if resident and listed in the United Kingdom. Therefore, the Company's shares will not amount to non-mainstream pooled investments. Accordingly, the promotion of the Company's shares will not be subject to the FCA's restriction on promotion of non-mainstream pooled investments.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 15 January 2014

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 December 2013
Currency	GBP
NAV	95.0 pence
Share Price (mid)	81.0 pence
Discount	14.7%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

Directors Shareholding | Announced - 09 January 2014

The Company has been informed of the following transactions in its ordinary shares by Group Company Directors on 3 and 7 January 2014 as follows:

Mrs EW Houston, a non-executive Director of a subsidiary (El Oro and Exploration Company Limited), on 3 January 2014 transferred 123,280 ordinary shares in the Company at 79.5 pence per share between family accounts and trusts.

Mr CRW Parish, an executive Director, on 3 January 2014 transferred 108,693 ordinary shares in the Company at 79.5 pence per share as a Trustee for family trusts.

Mr CRW Parish, an executive Director of the Company, on 7 January 2014 sold 100,000 ordinary shares in the Company at 81.0 pence per share and transferred 100,000 into a family trust from his personal holdings.

Following this transaction:
Mr CRW Parish has a beneficial holding in the Company, following the notification of these transactions, of 6,577,085 ordinary shares representing 10.20% 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 26.74% 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 9.50% of the Company together with a non-beneficial holding of 3,960,752 ordinary shares representing 6.14% of the Company. This represents an interest of 15.64% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 12 December 2013

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	30 November 2013
Currency	GBP
NAV	96.5 pence
Share Price (mid)	80.3 pence
Discount	16.8%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

Directors Shareholding | Announced - 26 November 2013

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 18 and 21 November 2013 as follows:

Mr CRW Parish, an executive Director of the Company, on 18 November 2013 sold 118,605 ordinary shares in the Company at 82.5 pence per share, of which 103,605 ordinary shares were sold to the Company's Treasury Account. Additionally, a holding of 1,050 ordinary shares were also sold to the Company's Treasury Account from an Executor's holding.

Mrs EW Houston, a non-executive Director of the subsidiary company, on 21 November 2013 transferred 108,693 ordinary shares in the Company at 81.47 pence per share between family trusts.

Mr CRW Parish, an executive Director, on 21 November 2013 transferred 108,693 ordinary shares in the Company at 81.47 pence per share as a Trustee for family trusts.

Following this transaction:
Mr CRW Parish has a beneficial holding in the Company, following the notification of these transactions, of 6,260,641 ordinary shares representing 9.70% of the Company together with a non-beneficial holding of 10,550,318 ordinary shares representing 16.34% of the Company. This represents an interest of 26.04% 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 6,231,574 representing 9.65% of the Company together with a non-beneficial holding of 3,852,059 ordinary shares representing 5.97% of the Company. This represents an interest of 15.62% in the total voting rights of the Company.

Total voting rights:
The Company now holds 200,035 ordinary shares in Treasury. Accordingly, the current issued share capital (excluding Treasury Shares) consists of 64,457,305 ordinary shares with voting rights. Shareholders may use this figure as the denominator for the calculations by which they determine whether they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

Results of AGM | Announced - 21 November 2013

At the Fifth Annual General Meeting of the Company, held on 21 November 2013, all resolutions were approved and agreed:

Ordinary resolutions:

• 1) To receive the Directors' report and the consolidated financial statements for the year ended 30 June 2013.
• 2) To re-appoint PricewaterhouseCoopers CI LLP as Auditor of the Company, to hold office until the conclusion of the next General Meeting at which accounts are laid before the Company and to authorise the Directors to fix their remuneration.
• 3) To authorise the payment of a final dividend of 3.6 pence for the year-ended 30 June 2013.
• 4) To authorise the Company generally and unconditionally to make market purchases within the meaning of Section 315 of the Companies (Guernsey) Law 2008, the authority for market acquisitions set forth in Article 4.7 of the Company's Articles of Incorporation be approved and restated on the basis that of its Ordinary Shares in the capital of the Company ('Shares') upon or subject to the following conditions:
  • the maximum number of Shares hereby authorised to be purchased is 6,465,196;
  • the maximum price at which Shares may be purchased shall be 5% above the average of the middle market quotations for the Shares as taken from the Channel Islands Stock Exchange Daily Official List for the five business days preceding the date of purchase and the minimum price shall be 5 pence per share, in both cases exclusive of expenses; and
  • the authority to purchase conferred by this Resolution shall expire on the date falling eighteen months after the date of this resolution or at the conclusion of the next Annual General Meeting of the Company after the passing of this Resolution, save that the Company may before such expiry enter into a contract of purchase under which such contract may be completed or executed wholly or partly after the expiration of this authority.

Special Resolution

• 5) To amend to amend Article 35.2 of the Company's articles of incorporation as shown below
• 'To give effect to any such sale the Directors may appoint any person to execute as transferor an instrument of transfer of the said shares and such instrument of transfer of the said shares shall be as effective as if it had been executed by the registered holder of, or person entitled by transmission to, such shares and the title of the purchaser or other transferee shall not be affected by any irregularity or invalidity in the proceedings relating thereto. The net proceeds of sale shall belong to and be an assetof the Company to be used in any manner in accordance with these Articles and, for the avoidance of doubt, upon completion of such sale the Company shall owe no debt or liability in respect of such shares to any former Member or such other person previously entitled to the shares.which shall be obliged to account to the former Member or other person previously entitled as aforesaid for an amount equal to such proceeds and shall enter the name of such former Member or other person in the books of the Company as a creditor for such amount. No trust shall be created in respect of the debt, no interest shall be payable in respect of the same and the Company shall not be required to account for any money earned on the net proceeds, which may be employed in the business of the Company or invested in such investments (other than shares of the Company) as the Directors may from time to time think fit.'

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 13 November 2013

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 October 2013
Currency	GBP
NAV	102.9 pence
Share Price (mid)	80.3 pence
Discount	22%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 11 October 2013

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	30 September 2013
Currency	GBP
NAV	101.9 pence
Share Price (mid)	80.5 pence
Discount	21%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 07 October 2013

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 August 2013
Currency	GBP
NAV	102.0 pence
Share Price (mid)	77.5 pence
Discount	24%

Please note that there was an adjustment to the 30 June 2013 and 31 July 2013 Net Asset Value following updated information in unlisted security valuations at 30 June: from 93.9 pence to 92.4 pence and from 98.1 pence to 96.6 pence respectively. These changes have now been reflected on the Company's website.

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

Annual Report at 30 June 2013 | Announced - 03 October 2013

The Directors are pleased to announce the audited Financial Statements for the year ended 30 June 2013 for the Company.

The audited Financial Statements for the Company are attached to this announcement.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

Final Results - 30 June 2013 | Announced - 03 October 2013

El Oro Ltd announces its final results for the year ended 30 June 2013.

Extracts from the final results are set out below.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 22 August 2013

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 July 2013
Currency	GBP
NAV	96.6 pence
Share Price (mid)	77.5 pence
Discount	21%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 23 July 2013

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	30 June 2013
Currency	GBP
NAV	92.4 pence
Share Price (mid)	85 pence
Discount	9.5%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

Transaction in own shares - 04 July 2013

EL ORO LTD (the 'Company') announces that on 2 July 2013 it purchased 95,380 of its Ordinary shares of no par value, at the following price per share:

The GBP shares purchased will be held in Treasury. Following the above purchase, the Company holds 95,380 Ordinary shares in Treasury. Following the above purchase, the total number of Ordinary shares in issue (excluding treasury shares) is 64,561,960.

Accordingly, with effect from 10 July 2013, the issued share capital will consist of 64,561,960 Ordinary shares with voting rights. Shareholders may use this figure as the denominator for the calculations by which they determine whether they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.

ISIN:
Sterling Shares: GG00B77Q7194

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 14 June 2013

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 May 2013
Currency	GBP
NAV	98.8 pence
Share Price (mid)	85.5 pence
Discount	13.5%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

Directors Shareholding | Announced - 07 June 2013

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 28 May 2013 as follows:

Mrs EW Houston, a non-executive Director of the subsidiary company, transferred 39,000 ordinary shares in the Company at 86.5 pence per share between family trusts.

The Company has been informed of the following transactions in its ordinary shares by a Director on 3 June 2013 as follows:

Mr CRW Parish, an executive Director purchased 4,500 ordinary shares in the Company at 85.75 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 9.87% of the Company together with a non-beneficial holding of 10,658,211 ordinary shares representing 16.48% of the Company. This represents an interest of 26.35% 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 6,123,681 representing 9.47% of the Company together with a non-beneficial holding of 3,959,952 ordinary shares representing 6.12% of the Company. This represents an interest of 15.60% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 17 May 2013

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	30 April 2013
Currency	GBP
NAV	100.6 pence
Share Price (mid)	87 pence
Discount	13.5%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

Directors Shareholding | Announced - 19 April 2013

On 17 April 2013 the Company was informed of the following transaction in its ordinary shares by a Director as follows:

Mr RE Wade a non-executive Director of the Company bought 10,000 ordinary shares in the Company at 90.27 pence per share.

Mr RE Wade has a beneficial holding in the Company following the notification of this transaction, of 505,150 ordinary shares representing 0.78% of the Company. This represents an interest of 0.78% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 16 April 2013

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 March 2013
Currency	GBP
NAV	109.1 pence
Share Price (mid)	96.5 pence
Discount	11.5%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

Interim Results - 31 December 2012 | Announced - 11 April 2013

El Oro Ltd announces its interim results for the six months ended 31 December 2012.

The interim results for the six months ended 31 December 2012 will be posted to shareholders and will be available shortly on the Company's website.

Extracts from the interim results are set out below.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd
Tel: [phone]

Directors Shareholding | Announced - 08 April 2013

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 4 April 2013 as follows:

Mrs EW Houston, a non-executive Director of the subsidiary company, transferred 39,800 ordinary shares in the Company at £0.94 per share between family trusts.

Dealing within a close period is permitted under CISX Model Code Appendix VI.2(f) where the beneficial interest in the relevant security of the Company does not change.

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 9.87% of the Company together with a non-beneficial holding of 10,614,711 ordinary shares representing 16.42% of the Company. This represents an interest of 26.29% 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 6,162,681 representing 9.53% of the Company together with a non-beneficial holding of 3,920,952 ordinary shares representing 6.06% of the Company. This represents an interest of 15.59% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 08 March 2013

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	28 February 2013
Currency	GBP
NAV	115.7 pence
Share Price (mid)	95.5 pence
Discount	17.5%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 14 February 2013

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 January 2013
Currency	GBP
NAV	119.0 pence
Share Price (mid)	98.0 pence
Discount	17.6%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

Directors Shareholding | Announced - 29 January 2013

On 19 November the Company was informed of the following transaction in its ordinary shares by a Director as follows:

Mr RE Wade a non-executive Director of the Company bought 15,880 ordinary shares in the Company at 98.0 pence per share.

Mr RE Wade has a beneficial holding in the Company following the notification of this transaction, of 495,150 ordinary shares representing 0.77% of the Company. This represents an interest of 0.77% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

Directors Shareholding | Announced - 23 January 2013

The Company has been informed of the following transactions in its ordinary shares by a Director of the Company on 9 January 2013 as follows:

Mr CRW Parish, an executive Director of the Company, on 9 January 2013 purchased 7,000 ordinary shares in the Company at £0.98 per share.

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 9.87% of the Company together with a non-beneficial holding of 10,654,511 ordinary shares representing 16.48% of the Company. This represents an interest of 26.34% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 23 January 2013

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 December 2012
Currency	GBP
NAV	115.7 pence
Share Price (mid)	98.0 pence
Discount	15.3%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

Change of Registrar | Announced - 10 January 2013

The board of El Oro Ltd announces that with effect 7 January 2013 the Company has transferred the management of its share register from Capita Registrars to Computershare Investor Services (Guernsey) Limited.

Effective 8 January 2013, the Company confirms that new share certificates have been issued by Computershare Investor Services (Guernsey) Limited and all previously issued certificates by Capita Registrars are null and void.

For further information, please contact:
Computershare Investor Services (Guernsey) Limited
Shareholder helpline
Tel: [phone]

C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 21 December 2012

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	30 November 2012
Currency	GBP
NAV	121.2 pence
Share Price (mid)	98.0 pence
Discount	19.1%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

ALERT - Project Funding | Announced - 30 November 2012

We have been made aware that someone has been posing as a representative of El Oro Ltd on the Linkedin website; our Company does not seek business in this manner and we have no links to the individual claiming to be RAR Evans on that website.

For further information, please contact:
Abbie Giles
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Carol Kilby
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 20 November 2012

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 October 2012
Currency	GBP
NAV	127.5 pence
Share Price (mid)	98.0 pence
Discount	23.1%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

Directors Shareholding | Announced - 20 November 2012

The Company has been informed of the following transaction in its ordinary shares by a Director on 19 November 2012 as follows:

Mr RE Wade a non-executive Director of the Company bought 15,880 ordinary shares in the Company at 98.0 pence per share.

Following this transaction:
Mr CRW Parish has a beneficial holding in the Company, following the notification of these transactions, of 6,372,246 ordinary shares representing 9.86% of the Company together with a non-beneficial holding of 10,654,511 ordinary shares representing 16.48% of the Company. This represents an interest of 26.33% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

Results of AGM | Announced - 15 November 2012

At the Annual General Meeting of the Company, held on 15 November 2012, the following resolutions were approved and agreed:

Ordinary resolutions:

• 1) To receive the Directors' report and the consolidated financial statements for the year ended 30 June 2012.
• 2) To re-appoint PricewaterhouseCoopers CI LLP as Auditor of the Company, to hold office until the conclusion of the next General Meeting at which accounts are laid before the Company and to authorise the Directors to fix their remuneration.
• 3) To authorise the payment of a final dividend of 3.5 pence for the year-ended 30 June 2012.
• 4) To authorise the Company generally and unconditionally to make market purchases within the meaning of Section 315 of the Companies (Guernsey) Law 2008, the authority for market acquisitions set forth in Article 4.7 of the Company's Articles of Incorporation be approved and restated on the basis that of its Ordinary Shares in the capital of the Company ('Shares') upon or subject to the following conditions:
  • the maximum number of Shares hereby authorised to be purchased is 6,465,734;
  • the maximum price at which Shares may be purchased shall be 5% above the average of the middle market quotations for the Shares as taken from the Channel Islands Stock Exchange Daily Official List for the five business days preceding the date of purchase and the minimum price shall be 5 pence per share, in both cases exclusive of expenses; and
  • the authority to purchase conferred by this Resolution shall expire on the date falling eighteen months after the date of this resolution or at the conclusion of the next Annual General Meeting of the Company after the passing of this Resolution, save that the Company may before such expiry enter into a contract of purchase under which such contract may be completed or executed wholly or partly after the expiration of this authority.
• Resolution (1) was approved by a majority of shareholders voting. It was noted that 10,150 dissenting votes were cast. The resolution was therefore approved.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 26 October 2012

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	30 September 2012
Currency	GBP
NAV	129.6 pence
Share Price (mid)	97.5 pence
Discount	24.8%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

Notice of AGM | Announced - 09 October 2012

NOTICE IS HEREBY GIVEN that the Company's FOURTH ANNUAL GENERAL MEETING and the ONE HUNDRED AND EIGHTH ANNUAL GENERAL METING OF THE EL ORO GROUP will be held on 15 November 2012 at 41 Cheval Place, London SW7 1EW at 12 noon for the following purposes:

Ordinary resolutions:

• 1) To receive the Directors' report and the consolidated financial statements for the year ended 30 June 2012.
• 2) To re-appoint PricewaterhouseCoopers CI LLP as Auditor of the Company, to hold office until the conclusion of the next General Meeting at which accounts are laid before the Company and to authorise the Directors to fix their remuneration.
• 3) To authorise the payment of a final dividend of 3.5 pence for the year-ended 30 June 2012.
• 4) To authorise the company generally and unconditionally to make market purchases within the meaning of Section 315 of the Companies (Guernsey) Law 2008, the authority for market acquisitions set forth in Article 4.7 of the Company's Articles of Incorporation be approved and restated on the basis that of its Ordinary Shares in the capital of the Company ('Shares') upon or subject to the following conditions:
  • the maximum of Shares hereby authorised to be purchased is 6,465,734
  • the maximum price at which Shares may be purchased shall be 5% above the average of the middle market quotations for the Shares as taken from the Channel Islands Stock Exchange Official List for the five business days preceding the date of purchase and the minimum price shall be 5 pence per share, in both cases exclusive of expenses; and
  • the authority to purchase conferred by this Resolution shall expire on the date falling eighteen months after the date of this Resolution or at the conclusion of the next Annual General Meeting of the Company after the passing of this Resolution, save that the Company may before such expiry enter into a contract of purchase under which such contract may be completed or executed wholly or partly after the expiration of this authority.

  The Board recommends that Shareholders vote in favour of all Resolutions.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

Annual Report at 30 June 2012 | Announced - 08 October 2012

The Directors are pleased to announce the audited Financial Statements for the year ended 30 June 2012 for the Company.

The audited Financial Statements for the Company are attached to this announcement.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

Final Results - 30 June 2012 | Announced - 08 October 2012

El Oro Ltd announces its final results for the year ended 30 June 2012.

Extracts from the final results are set out below.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 21 September 2012

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 August 2012
Currency	GBP
NAV	121.6 pence
Share Price (mid)	97.5 pence
Discount	19.8%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 17 August 2012

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 July 2012
Currency	GBP
NAV	119.5 pence
Share Price (mid)	100.0 pence
Discount	16.3%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 24 July 2012

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	30 June 2012
Currency	GBP
NAV	118.2 pence
Share Price (mid)	106.0 pence
Discount	10.3%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

Directors PDMR Shareholding | Announced - 10 July 2012

The Company has been informed of the following transactions in its ordinary shares by a Director of the Company on 5 July 2012 as follows:

Mr CRW Parish, an executive Director of the Company, on 4 July 2012 purchased 6,000 ordinary shares in the Company at £1.06 per share.

Following this transaction:
Mr RE Wade has a beneficial holding in the Company following the notification of these transactions, of 483,148 ordinary shares representing 0.75% of the Company. This represents an interest of 0.75% in the total voting rights of the Company.

For further information, please contact:
Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

El Oro Ltd
Robin Woodbine Parish, Chairman
Steven McKeane
Tel: [phone]

Directors PDMR Shareholding | Announced - 22 June 2012

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 8 June 2012 as follows:

Mrs EW Houston, a non-executive Director of the subsidiary company, sold 15,500 ordinary shares in the Company at £1.10 per share. This sale of 15,500 ordinary shares was in three lots from a family trust in lots of 1,800; 6,400 and 7,300 to Mrs EW Houston's children.

Following this transaction:
Mr CRW Parish has a beneficial holding in the Company, following the notification of these transactions, of 6,366,246 ordinary shares representing 9.85% of the Company together with a non-beneficial holding of 10,654,511 ordinary shares representing 16.48% of the Company. This represents an interest of 26.32% 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 6,134,131 representing 9.49% 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
Gillian Newton
Tel: [phone]

El Oro Ltd
Robin Woodbine Parish, Chairman
Steven McKeane
Tel: [phone]

NAV announcement | Announced - 22 June 2012

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 May 2012
Currency	GBP
NAV	119.1 pence
Share Price (mid)	110.0 pence
Discount	7.6%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 22 May 2012

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port,
Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	30 April 2012
Currency	GBP
NAV	132.8 pence
Share Price (mid)	110.0 pence
Discount	17.2%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

Directors PDMR Shareholding | Announced - 10 May 2012

The Company has been informed of the following transactions in its ordinary shares by a Director of the Company on 8 May 2012 as follows:

Mr RE Wade a non-executive Director of the Company bought 10,000 ordinary shares in the Company at 114.5 pence per share.

Following this transaction:
Mr RE Wade has a beneficial holding in the Company following the notification of these transactions, of 467,268 ordinary shares representing 0.72% of the Company. This represents an interest of 0.72% in the total voting rights of the Company.

For further information, please contact:
Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

El Oro Ltd
Robin Woodbine Parish, Chairman
Steven McKeane
Tel: [phone]

Interim Results - 31 December 2011 | Announced - 18 April 2012

El Oro Ltd announces its interim results for the six months ended 31 December 2011.

Extracts from the interim results are set out below.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd
Tel: [phone]

NAV announcement | Announced - 16 April 2012

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 March 2012
Currency	GBP
NAV	138.0 pence
Share Price (mid)	111.0 pence
Discount	19.6%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 12 March 2012

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	29 February 2012
Currency	GBP
NAV	149.1 pence
Share Price (mid)	115.0 pence
Discount	22.9%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 03 March 2012

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 January 2012
Currency	GBP
NAV	141.5 pence
Share Price (mid)	108.0 pence
Discount	23.7%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

Directors PDMR Shareholding | Announced - 16 February 2012

The Company has been informed of the following transactions in its ordinary shares by a Director of the Company on 16 February 2012 as follows:
Mr CRW Parish, an executive Director of the Company, on 16 February 2012 transferred 17,941 ordinary shares in the Company at £1.12 per share to his pension account.

Following this transaction:
Mr CRW Parish has a beneficial holding in the Company, following the notification of these transactions, of 6,366,246 ordinary shares representing 9.85% of the Company together with a non-beneficial holding of 10,639,011 ordinary shares representing 16.45% of the Company. This represents an interest of 26.30% in the total voting rights of the Company.

For further information, please contact:
Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

El Oro Ltd
Robin Woodbine Parish, Chairman
Steven McKeane
Tel: [phone]

Directors PDMR Shareholding | Announced - 03 February 2012

The Company has been informed of the following transactions in its ordinary shares by a Director of the Company on 3 February 2012 as follows:
Mr CRW Parish, an executive Director of the Company, on 2 February 2012 sold 20,000 ordinary shares in the Company at £1.09 per share on his own account.
Mr CRW Parish, an executive Director of the Company, on 3 February 2012 sold 40,000 ordinary shares in the Company at £1.085 per share on his own account.

Following this transaction:
Mr CRW Parish has a beneficial holding in the Company, following the notification of these transactions, of 6,366,246 ordinary shares representing 9.85% of the Company together with a non-beneficial holding of 10,639,011 ordinary shares representing 16.45% of the Company. This represents an interest of 26.30% in the total voting rights of the Company.

For further information, please contact:
Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

El Oro Ltd
Robin Woodbine Parish, Chairman
Steven McKeane
Tel: [phone]

NAV announcement | Announced - 31 January 2012

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 December 2011
Currency	GBP
NAV	129.8 pence
Share Price (mid)	122.0 pence
Discount	6.0%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

Directors PDMR Shareholding | Announced - 18 January 2012

The Company has been informed of the following transaction in its ordinary shares by a Director on 17 January 2012 as follows:
Mr RE Wade a non-executive Director of the Company bought 10,000 ordinary shares in the Company at 110.5 pence per share.

Following this transaction:
Mr RE Wade has a beneficial holding in the Company following the notification of these transactions, of 437,268 ordinary shares representing 0.7% of the Company. This represents an interest of 0.7% in the total voting rights of the Company.

For further information, please contact:
Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

El Oro Ltd
Robin Woodbine Parish, Chairman
Steven McKeane
Tel: [phone]

NAV announcement | Announced - 23 December 2011

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	30 November 2011
Currency	GBP
NAV	132.1 pence
Share Price (mid)	125.0 pence
Discount	5.4%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 9 December 2011

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 October 2011
Currency	GBP
NAV	824.7 pence
Share Price (mid)	637.5 pence
Discount	22.7%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 25 November 2011

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	30 September 2011
Currency	GBP
NAV	786.1 pence
Share Price (mid)	602.5 pence
Discount	23.4%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 10 November 2011

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 August 2011
Currency	GBP
NAV	905.8 pence
Share Price (mid)	607.5 pence
Discount	32.9%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

Directors PDMR Shareholding | Announced - 5 December 2011

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 29 November 2011 as follows:

Mrs EW Houston, a non-executive Director of the subsidiary company, sold 9,800 ordinary shares in the Company at £1.17 per share. This sale of 9,800 ordinary shares was from a family trust for her children.

Mrs EW Houston, a non-executive Director of the subsidiary company, transferred 9,800 ordinary shares in the Company for no consideration to her husband.

Following this transactions:
Mr CRW Parish has a beneficial holding in the Company, following the notification of these transactions, of 6,426,246 ordinary shares representing 9.94% of the Company together with a non-beneficial holding of 10,639,011 ordinary shares representing 16.45% 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 6,149,631 representing 9.51% of the Company together with a non-beneficial holding of 3,945,252 ordinary shares representing 6.10% 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
Gillian Newton
Tel: [phone]

El Oro Ltd
C Robin Woodbine Parish, Chairman
Tel: [phone]
S McKeane

Notice of Admission to Official List | Announced - 28 November 2011

The following securities have been admitted to the Official List of the Channel Islands Stock Exchange with effect from the time and date of this notice.

The listing of the following securities takes effect from 28 November 2011 at 08:00.

El Oro Ltd
53,880,839 ordinary no par value shares
ISIN - GG00B3L9RC72

As a result of this additional issue 64,657,340 ordinary no par value shares are now listed on the Exchange.

The application was sponsored by Dexion Capital (Guernsey) Ltd.

Bonus Issue and Share Split | Announced - 28 November 2011

EL ORO LTD (the 'Issuer') has applied to the Exchange for a further 53,880,839 Ordinary no par value shares (the 'Shares') of the Issuer to be admitted to the Official List of the Exchange. The ISIN for these new ordinary shares will be GG00B77Q7194 and will rank pari passu to the existing issued ordinary shares.

It is expected that admission to the Official List of the Exchange will become effective and that dealings in the Shares will commence on 28 November 2011.

It is also intended that shareholders (on the register on 17 November 2011) will receive their additional shares as a result of the recently approved bonus issue and stock split in their account on 28 November 2011. Those shareholders who have elected to receive a share certificate, will receive this via mail shortly thereafter. Such certificate will replace in its entirety, any previous certificates issued.

The Issuer is a public company established under the laws of Guernsey on 9 December 2008. Copies of the Issuer's Listing Document can be inspected at the registered office of the Sponsor at the address shown below during normal business hours excluding Saturdays and Sundays for a period of fourteen days from the date of this notice.

The Listing is sponsored by Dexion Capital (Guernsey) Limited.
Dexion Capital (Guernsey) Limited
1 Le Truchot
St. Peter Port
Guernsey, GY1 1WD

For further information, please contact:
El Oro Ltd
C Robin Woodbine Parish, Chairman
Tel: [phone]
S McKeane

Company Secretary
Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

Directors PDMR Shareholding | Announced - 8 November 2011

The Company has been informed of the following transactions in its ordinary shares by a Director of the Company on 3 November 2011 as follows:

Mr CRW Parish, an executive Director of the Company, bought 870 ordinary shares in the Company at £6.35 per share on his wife's account.

Following these transactions:
Mr CRW Parish has a beneficial holding in the Company, following the notification of these transactions, of 1,071,041 ordinary shares representing 9.94% of the Company together with a non-beneficial holding of 1,771,535 ordinary shares representing 16.44% of the Company. This represents an interest of 26.38% in the total voting rights of the Company.

For further information, please contact:
Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

El Oro Ltd
C Robin Woodbine Parish, Chairman
Tel: [phone]
S McKeane

Final Results at 30 June 2011 | Announced - 19 October 2011

El Oro Ltd announces its final results for the year ended 30 June 2011.

Extracts from the final results are set out below.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Annual Report at 30 June 2011 | Announced - 19 October 2011

The Directors are pleased to announce the audited Financial Statements for the year ended 30 June 2011 for the Company.

The audited Financial Statements for the Company are attached to this announcement.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

NAV announcement | Announced - 28 September 2011

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 July 2011
Currency	GBP
NAV	943.3 pence
Share Price (mid)	620.0 pence
Discount	34.3%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 01 August 2011

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	30 June 2011
Currency	GBP
NAV	911.0 pence
Share Price (mid)	625.0 pence
Discount	31.4%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 23 June 2011

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	31 May 2011
Currency	GBP
NAV	925.8 pence
Share Price (mid)	625.0 pence
Discount	32.5%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

Directors PDMR Shareholding | Announced - 16 June 2011

The Company has been informed of the following transactions in its ordinary shares by a Director of the Company on 16 June 2011 as follows:

Mr CRW Parish, an executive Director of the Company, sold 3,245 ordinary shares in the Company at £6.10 per share on his own account.

Following these transactions:
Mr CRW Parish has a beneficial holding in the Company, following the notification of these transactions, of 1,075,171 ordinary shares representing 9.98% of the Company together with a non-beneficial holding of 1,851,535 ordinary shares representing 17.18% of the Company. This represents an interest of 27.16% in the total voting rights of the Company.

For further information, please contact:
Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

El Oro Ltd
Robin Woodbine Parish, Chairman
Steven McKeane
Tel: [phone]

Change of Administrator, Company Secretary and Registered Office | Announced - 10 June 2011

El Oro Ltd (the 'Company') announces that with effect from 10 June 2011, Dexion Capital
(Guernsey) Limited ('Dexion') has been appointed as CISX Listing Sponsor of the Company in place of Capita Financial Administrators (Jersey) Limited.

Contact details of the new CISX Listing Sponsor are as follows:

Dexion Capital (Guernsey) Limited
PO Box 676
1 Le Truchot
St Peter Port
Guernsey GY1 3SZ
Tel: [phone]

Company Secretary
Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

El Oro Ltd
Robin Woodbine Parish, Chairman
Steven McKeane
Tel: [phone]

FinnCap Limited
Matthew Robinson (Corporate Finance)
Ben Thompson (Corporate Finance)
Tel: [phone]

Admission to Trading in London | Announced - 6 June 2011

El Oro Ltd ('El Oro' or the 'Company') announces it has been admitted to trading on the Stock Exchange Electronic Trading System - quotes and crosses ('SETSqx') of the London Stock Exchange. SETSqx will allow the Company's securities to be viewed by the London investment community.

The admission to trading on SETSqx does not affect the listing of all of the Company's shares on the Channel Islands Stock Exchange.

The ticker for El Oro is ELX.

El Oro is a collective investment vehicle which holds discrete portfolios which are segmented and managed along different investment styles. The UK portfolio focuses on mature sectors with higher yields and the Guernsey portfolio holds stocks selected in pursuit of growth.

El Oro was formed from the restructuring of the El Oro Mining and Exploration Company plc to allow El Oro Ltd to be subject to a tax regime that puts it on a par with other investment vehicles such as unit and investment trusts.

Robin Parish, Chairman of El Oro, commented, 'I am delighted that the London investment community will now be aware of El Oro, as the Channel Islands investment community continues to be.'

For further information, please contact:
El Oro Ltd
Robin Woodbine Parish, Chairman
Steven McKeane
Tel: [phone]

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

finnCap Limited
Matthew Robinson (Corporate Finance)
Ben Thompson (Corporate Finance)
Tel: [phone]

NAV announcement | Announced - 31 May 2011

El Oro Ltd. ('the Company') Registration No: 49778 of 1 Le Truchot, St Peter Port, Guernsey GY1 1WD.

Immediate Announcement:

Net Asset Value
Valuation date	30 April 2011
Currency	GBP
NAV	947.4 pence
Share Price (mid)	625.0 pence
Discount	34.0%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Change of Administrator, Company Secretary and Registered Office | Announced - 23 May 2011

El Oro Ltd (the 'Company') announces that with effect from 23rd May 2011, Dexion Capital (Guernsey) Limited ('Dexion') of 1 Le Truchot, St Peter Port, Guernsey GY1 3SZ. has been appointed as Administrator and Secretary of the Company in place of Capita Financial Administrators (Guernsey) Limited.

Dexion is licensed to carry out investment services business by the Guernsey Financial Services Commission.

Consequently and with immediate effect, the new Registered Office of the Company will be situated at:
1 Le Truchot
St Peter Port
Guernsey
GY1 1WD

For further information, please contact:
Company Secretary
Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: [phone]

NAV announcement | Announced - 11 May 2011

El Oro Ltd. ('the Company') Registration No: 49778 of 22 Smith Street, St Peter Port, Guernsey, GY1 2JQ Channel Islands.

Immediate Announcement:

Net Asset Value
Valuation date	31 March 2011
Currency	GBP
NAV	951.6 pence
Share Price (mid)	625.0 pence
Discount	34.3%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Interim Results - 31 December 2010 | Announced - 13 April 2011

El Oro Ltd announces its interim results for the six months ended 31 December 2010.

Extracts from the interim results are set out below.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
Steven McKeane
El Oro Ltd
Tel: [phone]

NAV announcement | Announced - 28 March 2011

El Oro Ltd. ('the Company') Registration No: 49778 of 22 Smith Street, St Peter Port, Guernsey, GY1 2JQ Channel Islands.

Immediate Announcement:

Net Asset Value
Valuation date	28 February 2011
Currency	GBP
NAV	964.7 pence
Share Price (mid)	625.0 pence
Discount	35.2%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

NAV announcement | Announced - 10 March 2011

El Oro Ltd. ('the Company') Registration No: 49778 of 22 Smith Street, St Peter Port, Guernsey, GY1 2JQ Channel Islands.

Immediate Announcement:

Net Asset Value
Valuation date	31 January 2011
Currency	GBP
NAV	955.2 pence
Share Price (mid)	625.0 pence
Discount	34.6%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

NAV announcement | Announced - 10 February 2011

El Oro Ltd. ('the Company') Registration No: 49778 of 22 Smith Street, St Peter Port, Guernsey, GY1 2JQ Channel Islands.

Immediate Announcement:

Net Asset Value
Valuation date	31 December 2010
Currency	GBP
NAV	1009.4 pence
Share Price (mid)	575.0 pence
Discount	43%

The Company's final dividend of 5.0 pence for the year ended 30 June 2010 was paid on 10 December 2010.

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Directors PDMR Shareholding | Announced - 13 January 2011

The Company has been informed of the following transactions in its ordinary shares by a Director of the Company on 20 December 2010 as follows:
Mr CRW Parish, an executive Director of the Company, bought 25 ordinary shares in the Company at £5.60 per share on behalf of his daughters family trust.

Following these transactions:
Mr CRW Parish has a beneficial holding in the Company, following the notification of these transactions, of 1,076,787 ordinary shares representing 9.99% of the Company together with a non-beneficial holding of 1,851,535 ordinary shares representing 17.18% of the Company. This represents an interest of 27.17% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish
Chairman
El Oro Ltd
Tel: [phone]

S McKeane
El Oro Ltd
Tel: [phone]

NAV announcement | Announced - 4 January 2011

El Oro Ltd. ('the Company') Registration No: 49778 of 22 Smith Street, St Peter Port, Guernsey, GY1 2JQ Channel Islands.

Immediate Announcement:

Net Asset Value
Valuation date	30 November 2010
Currency	GBP
NAV	887.2 pence
Share Price (mid)	545.0 pence
Discount	38.6%

The Company's final dividend of 5.0 pence for the year ended 30 June 2010 went ex-dividend on 24 November 2010 for payment on 10 December 2010. This dividend will be accounted for on the payment date.

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

NAV announcement | Announced - 26 November 2010

El Oro Ltd. ('the Company') Registration No: 49778 of 22 Smith Street, St Peter Port,
Guernsey, GY1 2JQ Channel Islands.

Immediate Announcement:

Net Asset Value
Valuation date	31 October 2010
Currency	GBP
NAV	814.0 pence
Share Price (mid)	525.0 pence
Discount	35.5%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

NAV announcement | Announced - 8 November 2010

El Oro Ltd. ('the Company') Registration No: 49778 of 22 Smith Street, St Peter Port,
Guernsey, GY1 2JQ Channel Islands.

Immediate Announcement:

Net Asset Value
Valuation date	30 September 2010
Currency	GBP
NAV	785.1 pence
Share Price (mid)	425.0 pence
Discount	45.9%

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

For further information, please contact:
Capita Financial Administrators Guernsey Limited
Tel: [phone]
Fax: [phone]

Final Dividend to 30 June 2010 - Amended date | Announced - 29 October 2010

The Company's registrar, Capita Registrars advised that there has to be a rescheduling of the time-table for the dividend announcement made in the Preliminary Results announcement on 27 October 2010.

The dividend timetable has therefore been revised as follows:
The Directors of El Oro Ltd propose a final cash dividend of 5.0 pence per share for the year-ended 30 June 2010, payable on 10 December 2010 to shareholders on the Register, at close of business on 24 November 2010.

Enquiries:
Company Secretary
Capita Financial Administration (Guernsey) Limited
Telephone: [phone]

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Annual Report at 30 June 2010 | Announced - 27 October 2010

The Directors are pleased to announce the audited Financial Statements for the year ended 30 June 2010 for the Company.

The audited Financial Statements for the Company are attached to this announcement.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Final Results - 30 June 2010 | Announced - 27 October 2010

El Oro Ltd announces its final results for the year ended 30 June 2010.

Extracts from the final results are set out below.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
Steven McKeane
El Oro Ltd
Tel: [phone]

NAV announcement | Announced - 6 October 2010

El Oro Ltd. ('the Company') Registration No: 49778 of 22 Smith Street, St Peter Port,
Guernsey, GY1 2JQ Channel Islands.

Immediate Announcement:

Net Asset Value
Valuation date	31 August 2010
Currency	GBP
NAV	668.1 pence
Share Price (mid)	425.0 pence
Discount	36.4%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

NAV announcement | Announced - 14 September 2010

El Oro Ltd. ('the Company') Registration No: 49778 of 22 Smith Street, St Peter Port,
Guernsey, GY1 2JQ Channel Islands.

Immediate Announcement:

Net Asset Value
Valuation date	31 July 2010
Currency	GBP
NAV	658.0 pence
Share Price (mid)	425.0 pence
Discount	35.4%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

NAV announcement | Announced - 24 August 2010

El Oro Ltd. ('the Company') Registration No: 49778 of 22 Smith Street, St Peter Port,
Guernsey, GY1 2JQ Channel Islands.

Immediate Announcement:

Net Asset Value
Valuation date	30 June 2010
Currency	GBP
NAV	651.2 pence
Share Price (mid)	425.0 pence
Discount	34.7%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Directors PDMR Shareholding | Announced - 1 July 2010

The Company has been informed of the following transactions in its ordinary shares by a Director of the Company on 30 June 2010 as follows:
Mr CRW Parish, an executive Director of the Company, sold 3,250 ordinary shares in the Company at £4.25 per share on behalf of his wife.

Following these transactions:
Mr CRW Parish has a beneficial holding in the Company, following the notification of these transactions, of 1,076,762 ordinary shares representing 9.99% of the Company together with a non-beneficial holding of 1,851,535 ordinary shares representing 17.18% of the Company. This represents an interest of 27.17% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish
Chairman
El Oro Ltd
Tel: [phone]

S McKeane
El Oro Ltd
Tel: [phone]

Directors PDMR Shareholding | Announced - 30 June 2010

The Company has been informed of the following transactions in its ordinary shares by Directors of the Company and a subsidiary company (El Oro and Exploration Company Limited) as follows:
Mrs EW Houston, a non-executive Director of the subsidiary company, transferred 50,000 ordinary shares in the Company at £4.10 per share. This transfer was for 50,000 ordinary shares into a family trust for her children.
Mr CRW Parish, an executive Director of the Company, bought 12,500 ordinary shares in the Company at £4.15 per share on behalf of himself (9,950) and his wife (2,550).

Following these transactions:
Mrs EW Houston has a beneficial holding in the Company, following the notification of these transactions, of 1,026,572 representing 9.53% of the Company together with a non-beneficial holding of 735,908 ordinary shares representing 6.83% of the Company. This represents an interest of 16.35% in the total voting rights of the Company.

Mr CRW Parish has a beneficial holding in the Company, following the notification of these transactions, of 1,080,012 ordinary shares representing 10.02% of the Company together with a non-beneficial holding of 1,851,535 ordinary shares representing 17.18% of the Company. This represents an interest of 27.20% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish
Chairman
El Oro Ltd
Tel: [phone]

S McKeane
El Oro Ltd
Tel: [phone]

Directors PDMR Shareholding | Announced - 4 June 2010

The Company has been informed of the following transactions in its ordinary shares by Directors of the Company and a subsidiary company (El Oro and Exploration Company Limited) as follows:
Mr CRW Parish, an executive Director of the Company, bought 4,500 ordinary shares in the Company at £4.30 per share on behalf of family trusts for his children who are minors.

Following these transactions:
Mr CRW Parish has a beneficial holding in the Company, following the notification of these transactions, of 1,067,512 ordinary shares representing 9.90% of the Company together with a non-beneficial holding of 1,801,535 ordinary shares representing 16.72% of the Company. This represents an interest of 26.62% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish
Chairman
El Oro Ltd
Tel: [phone]

S McKeane
El Oro Ltd
Tel: [phone]

NAV announcement | Announced - 16 June 2010

El Oro Ltd. ('the Company') Registration No: 49778 of 22 Smith Street, St Peter Port,
Guernsey, GY1 2JQ Channel Islands.

Immediate Announcement:

Net Asset Value
Valuation date	31 May 2010
Currency	GBP
NAV	685.5 pence
Share Price (mid)	425.0 pence
Discount	38%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Directors PDMR Shareholding | Announced - 28 May 2010

The Company has been informed of the following transactions in its ordinary shares by Directors of the Company and a subsidiary company (El Oro and Exploration Company Limited) as follows:
Mrs EW Houston, a non-executive Director of the subsidiary company, transferred 14,500 ordinary shares in the Company at £4.05 per share. This transfer was for 9,500 ordinary shares into a personal ISA account and 5,000 ordinary shares into an ISA account for Mr Houston.
The adult children of Mrs EW Houston, a non-executive Director of the subsidiary company transferred 7,145 ordinary shares from trusts, which Mrs EW Houston and Mr CRW Parish are trustees of, into personal ISA accounts.

Following these transactions:
Mrs EW Houston has a beneficial holding in the Company, following the notification of these transactions, of 1,076,572 representing 9.99% of the Company together with a non-beneficial holding of 685,908 ordinary shares representing 6.36% of the Company. This represents an interest of 16.35% in the total voting rights of the Company.

Mr CRW Parish has a beneficial holding in the Company, following the notification of these transactions, of 1,063,012 ordinary shares representing 9.86% of the Company together with a non-beneficial holding of 1,801,535 ordinary shares representing 16.72% of the Company. This represents an interest of 26.58% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish
Chairman
El Oro Ltd
Tel: [phone]

S McKeane
El Oro Ltd
Tel: [phone]

NAV announcement | Announced - 17 May 2010

El Oro Ltd. ('the Company') Registration No: 49778 of 22 Smith Street, St Peter Port,
Guernsey, GY1 2JQ Channel Islands.

Immediate Announcement:

Net Asset Value
Valuation date	30 April 2010
Currency	GBP
NAV	713.2 pence
Share Price (mid)	420.0 pence
Discount	41.1%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Directors PDMR Shareholding | Announced - 14 May 2010

The Company has been informed of the following transactions in its ordinary shares by Directors of the Company and a subsidiary company (El Oro and Exploration Company Limited) as follows:
Mrs EW Houston, a non-executive Director of the Company, received 4,000 ordinary shares in the Company at £4.05 per share. This transfer comprised 23,818 ordinary shares received from her husband's account, with Mr Houston selling the additional 19,818 ordinary shares to family trust accounts of their adult children and of which, Mrs. EW Houston and Mr CRW Parish are trustees.

Following these transactions:
Mrs EW Houston has a beneficial holding in the Company, following the notification of these transactions, of 1,076,572 representing 9.99% of the Company together with a non-beneficial holding of 685,908 ordinary shares representing 6.36% of the Company. This represents an interest of 16.35% in the total voting rights of the Company.

Mr CRW Parish has a beneficial holding in the Company, following the notification of these transactions, of 1,063,012 ordinary shares representing 9.86% of the Company together with a non-beneficial holding of 1,801,535 ordinary shares representing 16.72% of the Company. This represents an interest of 26.58% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish
Chairman
El Oro Ltd
Tel: [phone]

S McKeane
El Oro Ltd
Tel: [phone]

NAV announcement | Announced - 13 May 2010

El Oro Ltd. ('the Company') Registration No: 49778 of 22 Smith Street, St Peter Port,
Guernsey, GY1 2JQ Channel Islands.

Immediate Announcement:

Net Asset Value
Valuation date	31 March 2010
Currency	GBP
NAV	685.8 pence
Share Price (mid)	400.0 pence
Discount	41.7%

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

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd.
Tel: [phone]

Directors PDMR Shareholding | Announced - 11 May 2010

The Company has been informed of the following transactions in its ordinary shares by Directors of the Company and a subsidiary company (El Oro and Exploration Company Limited) as follows:
Mrs EW Houston, a non-executive Director of the Company, transferred 4,000 ordinary shares in the Company at £4.05 per share. This transfer comprised 23,818 ordinary shares received to her husband's account, with Mr Houston receiving the additional 19,818 ordinary shares from family trust accounts of their adult children and of which, Mrs. EW Houston and Mr CRW Parish are trustees.
Mr CRW Parish, an executive director of the Company, received 6,500 ordinary shares in the Company (3,500 at £4.05 per share and a further 3,000 at £4.20 per share). This transfer comprised 6,500 ordinary shares received on behalf of trust accounts for his children (who are minors) and of which Mr CRW Parish is a trustee.
Mr RE Wade, a non-executive director of the Company, bought 3,500 ordinary shares in the Company at £4.25 per share on his own account.

Following these transactions:
Mrs EW Houston has a beneficial holding in the Company, following the notification of these transactions, of 1,096,390 representing 10.17% of the Company together with a non-beneficial holding of 666,090 ordinary shares representing 6.18% of the Company. This represents an interest of 16.35% in the total voting rights of the Company.

Mr CRW Parish has a beneficial holding in the Company, following the notification of these transactions, of 1,063,012 ordinary shares representing 9.86% of the Company together with a non-beneficial holding of 1,781,717 ordinary shares representing 16.53% of the Company. This represents an interest of 26.40% in the total voting rights of the Company.

Mr RE Wade has a beneficial holding in the Company, following the notification of these transactions, of 71,212 ordinary shares representing an interest of 0.66% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish
Chairman
El Oro Ltd
Tel: [phone]

S McKeane
El Oro Ltd
Tel: [phone]

Website Redesign Launched | Announced - 13 April 2010

El Oro Ltd, (CISX: ELX) is pleased to announce that it has today launched an updated Company website which can be viewed at: www.eloro.com

The site has been redesigned to be more efficient and user friendly.

Robin Parish, El Oro's Chairman commented:
'The Board of Directors is committed to providing shareholders and potential shareholders with current and relevant information on the Group. We believe that the redesigned website will provide investors with a more comprehensive portal on the Company's business. Our operations continue to develop and we hope that by keeping shareholders as informed as possible they will be able to more fully appreciate the Group's business as we develop the business and continue to grow its assets.'

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd
Tel: [phone]

Merger | Announced - 8 September 2003

MERGER OF EL ORO MINING AND EXPLORATION COMPANY P.L.C. ('EL ORO') WITH THE EXPLORATION COMPANY P.L.C. ('EXPLORATION') CHANGE OF NAME & START OF DEALINGS SHARE CAPITAL AND HOLDINGS IN THE MERGED COMPANY

The merger of El Oro with Exploration is now effective. The merged entity has changed its name to 'El Oro and Exploration Company p.l.c.' (the 'Company') and the cross holdings between El Oro and Exploration have been cancelled.

Dealings in new stock units in the Company will begin today, Monday 8th September.

The total issued share capital of the Company is £ 597,146.35 consisting of 11,942,927 stock units of 5p each.

The Parish family have notified the Company that following the merger of El Oro with Exploration, they were allotted new stock units in the Company in consideration for the surrender of their El Oro shares, as follows:

Clement Robin Woodbine Parish	839,544
The Hon. Mrs. Elizabeth Campbell Parish	20,895
Emma Woodbine Houston	648,069
Suzanne Kumaramangalam	665,987
Caroline Zegos	339,668

Following the merger of El Oro with Exploration, the Directors of the Company were allotted new stock units in the Company in consideration for the surrender of their El Oro shares, as follows:

Clement Robin Woodbine Parish	839,544
The Hon. Mrs. Elizabeth Campbell Parish	20,895
Emma Woodbine Houston	648,069
David Richard Lindsay Hunting	248
Robert Elmer Wade	17,047
James Anthony Wild	11,281

The Parish family have notified the Company that following the merger of El Oro with Exploration, they hold stock units in the Company, as follows:

Clement Robin Woodbine Parish	1,607,666
The Hon. Mrs. Elizabeth Campbell Parish	342,851
Emma Woodbine Houston	1,592,226
Suzanne Kumaramangalam	1,554,644
Caroline Zegos	1,171,770

The Directors of the Company, following the merger of El Oro with Exploration, hold stock units in the Company as follows:

Clement Robin Woodbine Parish	1,607,666
The Hon. Mrs. Elizabeth Campbell Parish	342,851
Emma Woodbine Houston	1,592,226
David Richard Lindsay Hunting	248
Robert Elmer Wade	35,047
James Anthony Wild	15,281

Enquiries:

El Oro and Exploration Company p.l.c. 0207 581 2782
Robin Parish

Directors PDMR Shareholding | Announced - 18 September 2003

El Oro and Exploration Company p.l.c. was informed on 18th September 2003 by Robert E. Wade, a non-executive director of the company that he purchased 1,000 ordinary 5p stock units XD in the company that day. The price he paid was £3.20 per stock unit. His total holding in the company, following the notification of this purchase is 36,047.

C.R.W. Parish - Chairman and Managing Director

Directors PDMR Shareholding | Announced - 19 September 2003

El Oro and Exploration Company p.l.c. was informed on 19th September 2003 by J. Anthony Wild, a non-executive director of the company that he purchased 4,719 ordinary 5p stock units XD in the company that day. The price he paid was £3.00 per stock unit. His total holding in the company, following the notification of this purchase is 20,000.

C.R.W. Parish - Chairman and Managing Director

Directors PDMR Shareholding | Announced - 6 October 2003

El Oro and Exploration Company p.l.c. was informed on 6th October 2003 by Robert E. Wade, a non-executive director of the company that he purchased 1,000 ordinary 5p stock units XD in the company that day. The price he paid was £3.58 per stock unit. His total holding in the company, following the notification of this purchase is 37,047.

C.R.W. Parish - Chairman and Managing Director

Directors PDMR Shareholding | Announced - 20 October 2003

El Oro and Exploration Company p.l.c. was informed on 16th October 2003 by Robert E. Wade, a non-executive director of the company that he purchased 2,500 ordinary 5p shares in the company that day. The price he paid was USD6.65 per stock unit. His total holding in the company, following the notification of this purchase is 39,547.

C.R.W. Parish - Chairman and Managing Director

Directors PDMR Shareholding | Announced - 31 October 2003

El Oro and Exploration Company p.l.c. was informed on 29th October 2003 by Robert E. Wade, a non-executive director of the company that he purchased 3,665 ordinary 5p stock units in the company that day. The price he paid was £3.80 per stock unit. His total holding in the company, following the notification of this purchase is 43,212.

C.R.W. Parish - Chairman and Managing Director

Directors PDMR Shareholding | Announced - 30 December 2003

El Oro and Exploration Company p.l.c. was informed on 29th December 2003 by C.R.W. Parish, an executive director of the company that he purchased 1,400 ordinary 5p stock units in the company that day. The price he paid was £4.13 per stock unit. His total holding in the company, following the notification of this purchase is 1,609,066. The shares were purchased for the C.R.W. & L.A. Parish Trust A/C N.E.W. Parish.

C.R.W. Parish - Chairman and Managing Director

Directors PDMR Shareholding | Announced - 30 December 2003

El Oro and Exploration Company p.l.c. was informed on 30th December 2003 by C.R.W. Parish, an executive director of the company that he purchased 1,730 ordinary 5p stock units in the company that day. The price he paid was £4.20 per stock unit. His total holding in the company, following the notification of this purchase is 1,610,796. Of the shares purchased, 230 were purchased for C.R.W. Parish and 1,500 were purchased for Mrs L Parish.

C.R.W. Parish - Chairman and Managing Director

Directors PDMR Shareholding | Announced - 29 June 2004

El Oro and Exploration Company p.l.c. was informed on 29th June 2004 by C.R.W. Parish, an executive director of the Company of purchases made in the Company on 28th June at £4.15. The details of these purchases in the Company are shown in the following table and are summarised below.

1. That the Company has purchased and cancelled 9,679 stock units of the Company. Stock units remaining in issue are 11,943,248.

2. That Investigations and Management Limited, a wholly owned subsidiary of the Company has purchased 7,000 stock units.

3. That he and other members of his family, family trusts and a non-family non-executive director have purchased stock units.

	Stock units purchased	Stock units held after purchase	Stock units in issue after purchase
El Oro and Exploration Company p.l.c.
Stock units cancelled	9,679	n/a	11,943,248
Investigations and Management
In own name	7,000	60,700
C.R.W. Parish
In his own name	1,000
In his PEP	1,185
In L.J. Parish's name	1,000
In the name of C.R.W. & L.J. Parish Trust A/C A.J.W. Parish	2,000	1,615,981
The Hon Mrs E.C. Parish
In her PEP	2,475
In her ISA	1,675	347,001
E.W. Houston
In her own name	12,000
In her ISA	1,340	1,099,033
S.B. Kumaramangalam
In her PEP	835
In her ISA	5,200	1,048,132
Mr S.B. and Mrs S.B. Kumaramangalam
In the name of Mrs E.C. Parish Settlement for Zoe	6,000	518,547
Mr G. and Mrs C.W. Zegos
In the name of Mrs E.C. Parish Settlement for Zegos children	4,000	466,547
E.W. Houston
In the name of Mrs E.C. Parish Settlement for Houston children	4,750	511,283
R.L. Wade
In his own name	2,500	45,712

C.R.W. Parish - Chairman and Managing Director

Disposal of Danby Registrars Limited | Announced - 15 October 2004

Not for release, publication or distribution in whole or in part in, into, or from the United States, Canada, Australia or Japan.

For immediate release 15 October 2004

EL ORO AND EXPLORATION COMPANY P.L.C.

PROPOSED DISPOSAL OF DANBY TO A RELATED PARTY PURSUANT TO A SCHEME OF ARRANGEMENT

Introduction

The Independent Directors of El Oro are pleased to announce that they have reached agreement in principle on the terms of the disposal of Danby to Matchtape, a newly incorporated company wholly owned by the Chairman, Robin Parish. The Disposal is to be implemented via a scheme of arrangement under section 425 of the Act pursuant to which, in return for the share capital in Danby being indirectly acquired by Matchtape, Robin Parish will cancel a number of his existing El Oro Stock Units and Danby will cancel the 154,535 El Oro Stock Units it currently holds.

Based on an independent valuation of Danby's principal asset, Walcot, at £3.1 million, the value of Danby has been agreed at £3.225 million. Accordingly, as consideration for the Disposal, 837,662 existing El Oro Stock Units owned by Robin Parish will be cancelled by way of reduction of capital pursuant to the Scheme. The number of RP Stock Units to be cancelled and reduced has been calculated by reference to the average closing mid-market price for the ten Business Days prior to the date of this announcement (385p).

The Disposal will be conditional, amongst other things, upon:

• the approval of El Oro Stockholders at a El Oro EGM;
• the approval of the Class Meeting Stockholders at the Class Meeting; and
• the sanction of the Scheme by the Court.

Background to and reasons for the Independent Directors' recommendation of the Disposal

The major asset held in Danby is Walcot which is the family home of the Parish Family. A lease has existed since 1957 between the Company and the Hon. Mrs E C Parish, allowing her to live at Walcot as a tenant. Robin Parish and his wife and children have also lived at Walcot since 1999 and pay an annual rent, as has Mrs Kumaramangalam, the eldest daughter of the Hon. Mrs E C Parish, and her family for a considerable number of years.

FPDSavills Limited have valued Walcot, on the basis of its existing condition and the likely protected tenancy of the Hon. Mrs E.C. Parish, at £3.1 million. Other assets currently held in Danby that Matchtape will be acquiring are assorted fixtures and fittings, a loan to, and a 20% shareholding in, Spital Square Limited and small amounts of farming stock and other debtors.

For some time now, the board of El Oro, including Mr Parish himself, has recognised that it is not appropriate for the Company to own the Parish Family home. In addition from a management point of view, Danby is primarily a trading and agricultural concern which, for some time, has not sat easily within El Oro with its focus as a share and securities dealing company.

The Independent Directors consider that the Scheme and the Disposal are in the best interests of El Oro Stockholders for the following reasons:

• a. Investor perception
• As outlined above, Danby, Walcot and their associated activities are incompatible with the core El Oro business and divert management time. The board is also concerned that continued ownership of Danby and Walcot by El Oro is unsatisfactory and indeed unacceptable in the views of investors and potential investors in the Company.
• b. Elimination of losses
• Danby has sustained a trading loss in each of the last five years and is expected to continue to do so in the foreseeable future. The Disposal is expected to result in the elimination of such losses for El Oro going forward.
• c. Enhanced El Oro Group net assets per El Oro Stock Unit
• The cancellation of the Scheme Stock Units will lead to a reduction in the issued share capital and hence an immediate increase in El Oro Group net assets (taking investments at market value) per El Oro Stock Unit, a key performance measurement of El Oro. In the view of the board, any increase in El Oro Group net assets (taking investments at market value) per El Oro Stock Unit should directly flow through to the market price for each El Oro Stock Unit.
• d. Reduced dividend cost
• The cancellation of the Scheme Stock Units will lead to a reduction in the cash outlay required to pay dividends to stockholders. The dividend payout for the year ended 31 December 2003 was 11p. At that level the cancellation of the Scheme Stock Units will save the Company £109,142 per annum.

Other options

As an alternative to the Scheme, the Independent Directors have considered the possibility of marketing Walcot more widely and selling it to a third party. However, they have also taken account of the following factors:

• Walcot is perceived to be a 'trophy asset'. However, the absence of vacant possession due to the existing likely protected tenancy enjoyed by the Hon. Mrs E C Parish, at a time of a weakening of the property market generally, may, in the view of the Independent Directors, be a significant deterrent to a buyer;
• Walcot itself is in need of substantial modernisation and redecoration which would be for the account of a new purchaser. In particular there is extensive asbestos throughout the house which would be both hazardous and expensive to remove; and
• It is likely that a third party buyer may prefer to acquire Walcot rather than Danby, which would leave El Oro to deal with the ongoing loss making accommodation and agricultural businesses.

The Independent Directors consider that the proposed Disposal of Danby pursuant to the Scheme at the present time is a long overdue resolution to an unsatisfactory situation and provides certainty on terms which are attractive to the Company and in the interests of El Oro Stockholders.

El Oro and its advisers are currently preparing a circular that will be sent to stockholders setting out in detail the reasons for the Disposal and details of the Scheme. The document will also contain the advice of the Independent Directors, who are being advised by BDO Stoy Hayward Corporate Finance, recommending El Oro Stockholders to vote in favour of the proposed Disposal. This document will be dispatched to El Oro Stockholders as soon as practicable.

Enquiries:

El Oro and Exploration Company plc - 020 7581 2782

Anthony Wild

David Hunting

BDO Stoy Hayward Corporate Finance - 020 7486 5888

Michael Cobb

Philip Brady

BDO Stoy Hayward Corporate Finance, a division of BDO Stoy Hayward LLP, Chartered Accountants, which is regulated in the United Kingdom by the Financial Services Authority, is acting for El Oro as financial adviser in connection with the Disposal (but not on the terms of the Scheme) and no-one else and will not be responsible to anyone other than El Oro for providing the protections afforded to clients of BDO Stoy Hayward Corporate Finance nor for providing advice in relation to the Disposal.

Definitions

The following definitions apply throughout this announcement, unless the context requires otherwise:

'Act'	the Companies Act 1985 (as amended)
'Australia'	the Commonwealth of Australia, its states, territories and possessions
'Business Day'	any day on which lending banks in the London inter-banking sterling markets are open for general non-automated business in the City of London
'Canada'	Canada, its provinces and territories and all areas subject to its jurisdiction and any political sub-division thereof
'Class Meeting'	the meeting of the Class Meeting Stockholders to be convened by the Court in connection with the Scheme
'Class Meeting Stockholders'	anticipated to comprise all El Oro Stockholders except Robin Parish, the Hon. Mrs E C Parish, Suzanne Kumaramangalam, Danby and Investigations and Management Limited
'Court'	the High Court of Justice in England and Wales
'Danby'	Danby Registrars Limited, registered in England and Wales with company number 00342210
'Danby Stock Units'	154,535 El Oro Stock Units currently held by Danby which are to be cancelled pursuant to the Reduction
'Disposal'	means the disposal by El Oro of Danby by means of an indirect transfer of Danby to Matchtape pursuant to the terms of the Scheme
'El Oro' or the 'Company'	El Oro and Exploration Company p.l.c. registered in England and Wales with company number 80408
'El Oro Stock Units'	stock units of 5p each in the capital of El Oro
'El Oro EGM'	the extraordinary general meeting of El Oro Stockholders convened for the purposes of, inter alia, approving the Scheme
'El Oro Group'	El Oro, its subsidiaries and subsidiary undertakings
'El Oro Stockholders'	holders of El Oro Stock Units
'Independent Directors'	D.R.L. Hunting, R.E. Wade and J.A. Wild
'Matchtape'	Matchtape Limited, a company registered in England and Wales with company number 05243618 and the share capital of which is wholly owned by Robin Parish
'Parish Family'	Mr Parish (the chairman and managing director of the Company) and his immediate family, Emma Woodbine Houston (his sister) and her immediate family, The Hon. Mrs. E C Parish (his mother), Caroline Zegos (his sister) and her immediate family and Suzanne Kumaramangalam (his sister) and her immediate family (and their respective nominees and/or related trusts)
'Reconstruction'	the proposed Reconstruction of El Oro to be effected by way of the Scheme described in this document
'Reduction'	the reduction of the share capital of El Oro by the cancellation of the Scheme Stock Units by way of a capital reduction under section 135 of the Act
'RP Stock Units'	837,662 of the El Oro Stock Units currently held by Robin Parish which are to be cancelled pursuant to the Reduction
'Scheme'	the scheme of arrangement under Section 425 of the Act in order to effect the proposed Reconstruction of El Oro
'Scheme Stock Units'	the RP Stock Units and the Danby Stock Units
'Sterling' or '£'	pounds sterling and reference to 'pence' and 'p' shall be construed accordingly
'UK' or 'United Kingdom'	the United Kingdom of Great Britain and Northern Ireland
'United States'	the United States of America, its territories and possessions, any state of the United States of America, the District of Columbia, and all other areas subject to its jurisdictions
'Walcot Hall and Estate' or 'Walcot'	Walcot Hall and Estate, Lydbury North, Shropshire

Directors PDMR Shareholding | Announced - 22 October 2004

El Oro & Exploration Company p.l.c. ('El Oro') advises you that on 20th January 2005 following the disposal of one of its subsidiary companies, Danby Registrars Limited ('Danby'), to a related party pursuant to a scheme of arrangement, C. R. W. Parish, an executive director of El Oro has cancelled 837,662 El Oro Stock units at 385p per Stock unit and Danby has cancelled 154,535 El Oro Stock units. The Stock units in issue in El Oro after these cancellations is 10,848,701.

The current holding by directors and the Parish family are as follows:

	Stock units purchased	Stock units held after purchase	Stock units in issue after purchase
El Oro and Exploration Company p.l.c.
Stock units cancelled		n/a	11,840,898
C.R.W. Parish
In his own name	10,000
In his Pension Fund	38,700
In his PEP	1,000
In the name of Mrs E.C. Parish Educational Trust for A.J.W. Parish	500
In the name of Mrs E.C. Parish Educational Trust for A.G.W. Parish	1,500
In the name of Mrs E.C. Parish Educational Trust for N.E.W. Parish	250
In the name of Mrs E.C. Parish Educational Trust for E.C.W. Parish	8,000
In the name of C.R.W. & L.J. Parish Trust A/C A.J.W. Parish	3,000
In the name of C.R.W. & L.J. Parish Trust A/C A.J.W. Parish	900
In the name of C.R.W. & L.J. Parish Trust A/C A.J.W. Parish	50
In the name of C.R.W. & L.J. Parish Trust A/C A.J.W. Parish	1,000
In the name of L.J. Parish	1,000
In the name of L.J. Parish - in her PEP	300
In the name of L.J. Parish - in her ISA	300	1,682,481
The Hon Mrs E.C. Parish
In her own name	15,000
In her PEP	800
In her ISA	50	362,851
E.W. Houston
In her own name	10,300
In her PEP	1000
In her ISA	50	1,110,383
E.W. Houston
In the name of Mrs E.C. Parish Settlement for Houston children	7,750	519,033
S.W. Kumaramangalam
In her own name	10,000
In her PEP	1,000
In her ISA	200	1,059,332
S.W. Kumaramangalam
In the name of Mrs E.C. Parish Settlement for Zoe	15,000	533,547
C.W. Zegos
In the name of Mrs E.C. Parish Settlement for Zegos children	10,000	476,547
R.L. Wade
In his own name	10,000	55,712

C.R.W. Parish - Chairman and Managing Director

Disposal of Danby Registrars Limited | Announced - 5 November 2004

Not for release, publication or distribution in whole or in part in, into, or from the United States, Canada, Australia or Japan

For immediate release 5 November 2004

EL ORO AND EXPLORATION COMPANY P.L.C.

PROPOSED DISPOSAL OF DANBY TO A RELATED PARTY PURSUANT TO A SCHEME OF ARRANGEMENT

DESPATCH OF CIRCULAR TO STOCKHOLDERS

It was announced on 15 October 2004 that the Independent Directors of El Oro had reached agreement in principle on the terms of the disposal of Danby to Perceval Limited (formerly Matchtape Limited), a newly incorporated company wholly owned by the Chairman, Robin Parish. The value of Danby has been agreed at £3.225 million.

As described in the earlier announcement, the Disposal is to be implemented via a scheme of arrangement under section 425 of the Act pursuant to which, in return for the share capital in Danby being indirectly acquired by Perceval, Robin Parish will cancel 837,662 existing El Oro Stock Units at the agreed price per share of 385p and Danby will cancel the 154,535 El Oro Stock Units it currently holds.

The formal sale and purchase agreement between El Oro and Brickleaf Limited a wholly owned subsidiary of El Oro) (the 'SPA') has now been entered into. It is intended that the SPA will be assigned to Perceval pursuant to the Scheme. The circular to El Oro Stockholders setting out in detail the reasons for the Disposal, the details of the Scheme and the advice of the Independent Directors, who are being advised by BDO Stoy Hayward Corporate Finance, recommending El Oro Stockholders to vote in favour of the proposed Disposal, will be despatched later today. The circular also contains details of the EGM and Court Meeting which have been convened for 29 November 2004.

Definitions used in the announcement of 15 October 2004 apply in this announcement.

Enquiries:

El Oro and Exploration Company p.l.c. - 020 7581 2782

Anthony Wild

David Hunting

BDO Stoy Hayward Corporate Finance - 020 7486 5888

Michael Cobb

Philip Brady

BDO Stoy Hayward Corporate Finance, a division of BDO Stoy Hayward LLP, Chartered Accountants, which is regulated in the United Kingdom by the Financial Services Authority, is acting for El Oro as financial adviser in connection with the Disposal (but not on the terms of the Scheme) and no-one else and will not be responsible to anyone other than El Oro for providing the protections afforded to clients of BDO Stoy Hayward Corporate Finance nor for providing advice in relation to the Disposal.

Disposal of Danby Registrars Limited | Announced - 29 November 2004

PROPOSED DISPOSAL OF DANBY TO A RELATED PARTY PURSUANT TO A SCHEME OF ARRANGEMENT ('SCHEME')

El Oro and Exploration Company p.l.c. ('El Oro') is pleased to announce the results of the Stockholders Meetings held this morning.

The resolution considered at the Court Meeting of the Court Meeting Stockholders held on 29 November 2004, was duly passed on a poll. 96.7% of those Court Meeting Stockholders present in person or by proxy and voting voted in favour of the resolution, representing 98.9% by value of the Stock Units held by those Court Meeting Stockholders present and voting.

The four resolutions considered at the Extraordinary General Meeting held on 29 November 2004, were duly passed on polls.

The Court Hearing of El Oro's petition to sanction the Scheme and the Capital Reduction is expected to take place in mid January 2004.

Change in Date of AGM | Announced - 6 May 2005

Further to the announcement that was made on 22 April 2005 regarding the Preliminary Results I wish to advise of three date changes contained therin. The AGM will take place on 14 June 2005 and not 16 June 2005, the accounts are expected to be dispatched to stockholders on 21 June 2005 and not 23 June 2005 and the first and final dividend will be paid to members registered in the books of the Company at the close of business on the 17 June 2005 and not 16 June 2005.

C.R.W. Parish - Chairman and Managing Director

Disposal of Danby Registrars Limited | Announced - 20 January 2005

El Oro & Exploration Company p.l.c. ('El Oro') advises you that on 20th January 2005 following the disposal of one of its subsidiary companies, Danby Registrars Limited ('Danby'), to a related party pursuant to a scheme of arrangement, C. R. W. Parish, an executive director of El Oro has cancelled 837,662 El Oro Stock units at 385p per Stock unit and Danby has cancelled 154,535 El Oro Stock units. The Stock units in issue in El Oro after these cancellations is 10,848,701.

The current holding by directors and the Parish family are as follows:

Beneficial holdings	%	Beneficial
C. R. W. Parish	7.79	844,819
The Hon. Mrs. E. C. Parish	3.34	362,851
Mr. S. B. & Mrs. S. W. Kumaramangalam	9.76	1,059,332
Mr. G. & Mrs C. W. Zegos	6.54	709,223
E. W. Houston	10.24	1,110,383
D. R. L. Hunting	0.00	248
R. E. Wade	0.51	55,712
J. A. Wild	0.18	20,000

Non-beneficial holdings	%	Non-Beneficial
C. R. W. Parish	*See note below	1,529,128
Mr. S. B. & Mrs. S. W. Kumaramangalam	4.92	553,547
Mr. G. & Mrs C. W. Zegos	4.39	476,547
E. W. Houston	*See note below	519,033

*As a result of C. R. W. Parish, Mr. & Mrs. Kumaramangalam, Mr. & Mrs. Fraser, J. M. Finn Nominees Limited and Mr. & Mrs. Zegos being trustees of several family trusts, their non-beneficial interests in the stock units of El Oro and Exploration Company p.l.c. contain a degree of duplication.

Resulting from the above cancellation of Stock units of 5p each, the authorized capital of El Oro reduces by 992,197 to 10,950,730.

C.R.W. Parish - Chairman and Managing Director

Change in Date of AGM | Announced - 6 May 2005

Further to the announcement that was made on 22 April 2005 regarding the Preliminary Results I wish to advise of three date changes contained therin. The AGM will take place on 14 June 2005 and not 16 June 2005, the accounts are expected to be dispatched to stockholders on 21 June 2005 and not 23 June 2005 and the first and final dividend will be paid to members registered in the books of the Company at the close of business on the 17 June 2005 and not 16 June 2005.

C.R.W. Parish - Chairman and Managing Director

Directors PDMR Shareholding | Announced - 6 May 2005

El Oro and Exploration Company p.l.c. was informed on 6th May 2005 by Robert E. Wade, a non-executive director of the company that he purchased 1,000 ordinary 5p stock units in the company that day. The price he paid was £4.95 per stock unit. His total holding in the company, following the notification of this purchase is 56,712.

C.R.W. Parish - Chairman and Managing Director

Directors PDMR Shareholding | Announced - 16 May 2005

El Oro and Exploration Company p.l.c. was informed on 16th May 2005 by C.R.W. Parish, an executive director of the company that he purchased 7,000 ordinary 5p stock units in the company that day. The price he paid was £4.825 per stock unit. His total holding in the company, following the notification of this purchase is 851,819. The stock units were purchased for his pension fund.

C.R.W. Parish - Chairman and Managing Director

Reporting Day Extension for Half Year Figures from 90 days to 120 days | Announced - 15 June 2005

We wish to announce that an application has been made today to the FSA for the 90 day reporting deadline for our interim statement for the six months to 30 June 2005 to be extended to 120 days.

This is due to the extra work required in converting our financial statements from being in accordance with UK GAAP to IFRS.

C.R.W. Parish - Chairman and Managing Director

Interim Results 30 June 2005 | Announced - 9 September 2005

El Oro Ltd announces its interim results for the six months ending 30 June 2005.

Extracts from the preliminary interim are set out below.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd
Tel: [phone]

Directors PDMR Shareholding | Announced - 13 September 2005

El Oro and Exploration Company p.l.c. was informed on 14 September 2005 by C.R.W. Parish, an executive director of the Company that on 13 September 2005 the Company purchased and cancelled 10,000 stock units at a cost of 493p per stock unit. Stock units remaining in issue are 10,838,701.

C.R.W. Parish - Chairman and Managing Director

Directors PDMR Shareholding | Announced - 14 September 2005

El Oro and Exploration Company p.l.c. was informed on 15 September 2005 by C.R.W. Parish, an executive director of the Company of purchases that he and other members of his family, family trusts and a non-executive director made in the Company on 14 September 2005 in stock units at 493p each. The details of these purchases in the Company are shown in the following table.

	Stock units purchased	Stock units held after purchase
C.R.W. Parish
In his own name	600
In the name of C.R.W. & L.J. Parish Trust A/C A.J.W. Parish	600
	1,200	853,178
E.W. Houston
In her own name	1,000	1,111,383
S.B. Kumaramangalam
In her own name
E.W. Houston
In the name of Mrs E.C. Parish Settlement for Houston children	820	519,853
S.B. Kumaramangalam
In the name of Mrs E.C. Parish Settlement for Zoe Kumarangalam	6,000	539,547
Mr G. and Mrs C.W. Zegos
In the name of Mrs E.C. Parish Settlement for Zegos children	2,000	478,547
R.E. Wade
In his own name	1,000	57,712

C.R.W. Parish - Chairman and Managing Director

Directors PDMR Shareholding | Announced - 22 September 2005

El Oro and Exploration Company p.l.c. was informed on 22nd September 2005 by C. R. W. Parish, an executive director of the Company of purchases that he and other members of his family made in the Company that day. The price paid was 512p per stock unit. The details of these purchases in the Company are shown in the following table.

	Stock units purchased	Stock units held after purchase
C.R.W. Parish
In his PEP Account	150
L.J. Parish in her ISA Account	560
	710	853,888
E.W. Houston
In her PEP Account	252	1,111,637
S.B. Kumaramangalam
In her PEP Account	450	1,061,382

C.R.W. Parish - Chairman and Managing Director

Directors PDMR Shareholding | Announced - 19 October 2005

El Oro and Exploration Company p.l.c. was informed on 19 October 2005 by C. R. W. Parish, an executive director of the company that he purchased a total of 5000 ordinary 5p stock units in the company on 17 October 2005 (4200 of the stock units purchased were for his pension fund and 800 for his son A.J.W. Parish). The price he paid was £5.25 per stock unit. His total holding in the company, following the notification of this purchase is 858,888.

C.R.W. Parish - Chairman and Managing Director

Directors PDMR Shareholding | Announced - 28 October 2005

El Oro and Exploration Company p.l.c. was informed on 28th October 2005 by C. R. W. Parish, an executive director of the Company of purchases that he and other members of his family made in the Company on 26th October 2005. The price paid was 520p per stock unit. The details of these purchases in the Company are shown in the following table.

	Stock units purchased	Stock units held after purchase
C.R.W. Parish
C. R. W. Parish - in his Pension Fund	5,000
C. R. W. Parish - in his PEP Account	900
L.J. Parish in her ISA Account	200
	6,100	864,988
The Hon. E.C. Parish
In her ISA account	1,350
In her PEP Account	970
	2,320	365,171
E.W. Houston
In her PEP Account	600	1,112,237
S.B. Kumaramangalam
In her PEP Account	50	1,112,237
In her ISA Account	930	1,112,237
	980	1,062,362

C.R.W. Parish - Chairman and Managing Director

Directors PDMR Shareholding | Announced - 3 November 2005

El Oro and Exploration Company p.l.c. was informed on 3rd November 2005 by C. R. W. Parish, an executive director of the Company of purchases made on behalf of members of his family in the company on the same day. The price paid was 505p per stock unit. The details of these purchases in the Company are shown in the following table.

	Stock units purchased	Stock units held after purchase
C.R.W. Parish & L. J. Parish
for A. G. W. Parish	500
for A. G. W. Parish	500
for A. G. W. Parish	500
	1,500	864,488
Mr G. & Mrs C. W. Zegos
In the name of Mrs E. C. Parish for Zegos children	2,000
In the name of Mrs E. C. Parish for Constantinos Zegos	1,000
	3,000	481,547
S.B. Kumaramangalam
In the name of Mrs E. C. Parish for Zoe Kumaramangalam	2,000	541,547

C.R.W. Parish - Chairman and Managing Director

Directors PDMR Shareholding | Announced - 3 November 2005

El Oro and Exploration Company p.l.c. was informed on 3rd November 2005 by C. R. W. Parish, an executive director of the Company of a purchase made on behalf of his sister, S. W. Kumaramangalam in the company on 1st November 2005. Additional purchases were made on the same day by other directors J. A. Wild, D. R. L. Hunting and R. E. Wade. The price paid was 505p per stock unit. The details of these purchases in the Company are shown in the following table.

	Stock units purchased	Stock units held after purchase
S.B. Kumaramangalam - in her own name	1,000	1,063,562
J. A. Wild	2,500	22,500
R. E. Wade	1,000	58,712
D. R. L. Hunting	1,000	1,248
Shares purchase of cancellation by El Oro and Mining Company p.l.c.	3,000	-

C.R.W. Parish - Chairman and Managing Director

Directors PDMR Shareholding | Announced - 24 November 2005

El Oro and Exploration Company p.l.c. was informed on 24th November 2005 by C.R.W. Parish, an executive director of the company that he purchased 188 ordinary 5p stock units in the company on 23rd November 2005 for his son E.C.W. Parish. The price he paid was £5.40 per stock unit. His total holding in the company, following the notification of this purchase is 866,676.

C.R.W. Parish - Chairman and Managing Director

Directors PDMR Shareholding | Announced - 3 January 2006

El Oro and Exploration Company p.l.c. was informed on 3 January 2006 by C.R.W. Parish, an executive director of the company that he purchased 3 ordinary 5p stock units in the company on 30 December 2005. The price he paid was £6.09 per stock unit. His total holding in the company, following the notification of this purchase is 866,679.

C.R.W. Parish - Chairman and Managing Director

Interim Results (12 months) 31 December 2005 | Announced - 28 April 2006

El Oro Ltd announces its interim results for the 12 months ending 31 December 2005.

Extracts from the preliminary interim are set out below.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd
Tel: [phone]

Change of Ex-Dividend Date | Announced - 2 May 2006

Further to the announcement that the Company made on Friday 28 April at 12.20, I wish to advise a change of the record date (ex dividend date) of the interim dividend from 20 September 2006 to 22 September 2006.

C.R.W. Parish - Chairman and Managing Director

EGM for Change to AIM | Announced - 9 June 2006

Not for release, publication or distribution in whole or in part in, into, or from the United States, Canada, Australia or Japan

Proposed Cancellation of Listing on the Official List and Admission to trading on AIM and Notice of Extraordinary General Meeting Introduction

In the Chairman's statement published on 28 April 2006 within the second interim results, stockholders were informed that the Board was, inter alia, reviewing the Company's listing on the Official List of the UK Listing Authority. In the light of recent legislation and the regulatory burden facing listed companies, your Board has decided that the future of your company would be enhanced by transferring to the Alternative Investment Market. This market, operated and regulated by the London Stock Exchange plc, has an established reputation with investors and analysts. We believe your company will be better served being admitted to trading alongside others of a similar stature and sharing characteristics in common than continuing beside the behemoths of the quoted arena.

Accordingly, the Company intends to apply formally to the UKLA to cancel the listing of its Stock Units on the Official List, and in accordance with the Listing Rules, an Extraordinary General Meeting is being convened at which a resolution will be proposed to cancel the listing of the Company's Stock Units on the Official List and to authorise the Directors to apply for the Company's issued Stock Units to be admitted to trading on AIM.

A circular is today being sent to stockholders to provide them with details of the business to be conducted at the Extraordinary General Meeting of the Company to be held at 41 Cheval Place, London SW7 1EW at 11.15 a.m. on 28 June 2006 and to explain why the Directors believe that the Proposals are in the best interests of the Company and its Stockholders as a whole.

The Company has appointed Grant Thornton Corporate Finance to act as its nominated adviser in relation to the Company's proposed admission to AIM.

At the EGM, Stockholders will be asked to approve the Cancellation in light of the proposed transfer of trading of the Stock Units to AIM. In accordance with the Listing Rules, the Resolution must be carried by a majority of not less than 75 per cent. of the holders of the Stock Units (being entitled to do so) who vote in person or by proxy. Stockholders' approval is not required for Admission. Accordingly, the Resolution will be proposed as an extraordinary resolution.

Also, in accordance with the Listing Rules, cancellation of the Listing will (if the Resolution is passed at the EGM) take effect not less than 20 business days after the date of the EGM and it is expected that such Cancellation and Admission will occur on or around 27 July 2006.

Background to and reasons for the Proposals

The Board has felt for some time that the cost of administering the compliance burden that applies to listed companies is considerable and disproportionate to the size of the Company.

The obligations of an AIM company are similar to those of a company on the Official List with certain exceptions, of which the significant ones are referred to below:

• For AIM companies, prior shareholder approval is only required for reverse-takeovers and disposals that result in a fundamental change of business. Under the Listing Rules, a broader range of transactions requires shareholder approval.
• There is no requirement under the AIM Rules for listing particulars or admission documents for further issues of securities although there may be other legal reasons for a prospectus to be required.
• Under the AIM Rules, a Nominated Adviser is required at all times which has ongoing responsibilities to the London Stock Exchange. In addition, a broker is required at all times.
• The Combined Code does not apply directly to AIM companies although it is still considered good practice to comply with the provisions in so far as they are relevant to the size and type of the AIM company.

Further, the Directors believe that AIM provides a more flexible environment and a proven successful alternative in which the Company will better be able to:

• Achieve its business and strategic objectives;
• Reduce the formalities associated with maintaining a listing on a regulated market, whilst continuing to provide a platform for trading in its Stock Units; and
• Reduce costs and formalities associated with future potential transactions and other actions by the Company.

Liquidity on AIM is currently provided by market makers who are member firms of the London Stock Exchange and are obliged to quote a price in shares between 8.00 a.m. and 4.30 p.m. on business days.

As part of the AIM admission process, the Company will publish before the EGM, on its website, special purpose audited consolidated accounts prepared in accordance with IFRS in respect of the period to 31 December 2005. Following Admission, the Company will continue to prepare its consolidated accounts in accordance with IFRS. The Company and the other members of its group will also, going forward, prepare statutory individual company accounts under UK GAAP, which, as the Company will no longer be listed on the main market of the London Stock Exchange, do not need to be prepared in accordance with FRS 26.

Expected Timetable of Key Events

	All references to time in this document are to UK time.
	Latest time and date for receipt of Forms of Proxy for the Extraordinary General Meeting	11.15 a.m. on 26 June 2006
	Extraordinary General Meeting	11.15 a.m. on 28 June 2006
	De-listing of the Stock Units from the Official List (assuming the Resolution is passed)	8.00 a.m. on 27 July 2006
	Anticipated admission to trading on AIM	8.00 a.m. on 27 July 2006

Enquires:
Robin Woodbine Parish
El Oro and Exploration Company plc
Tel: [phone]

Philip Secrett
Grant Thornton Corporate Finance
Tel: [phone]

Definitions
Words and expressions used in this announcement shall, unless the context otherwise requires, bear the same meanings as the definitions in the circular to stockholders dated 9 June 2006.

Non-Statutory Accounts December 2005 | Announced - 26 June 2006

El Oro Ltd announces its non-statutory accounts for December 2005.

Extracts from the accounts are set out below.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd
Tel: [phone]

Results of Extraordinary General Meeting | Announced - 28 June 2006

At the Extraordinary General Meeting of the Company held today at 41 Cheval Place, London SW7 1EW at 11.15 a.m. the resolution to approve the Proposed Cancellation of Listing on the Official List and Admission to trading on AIM was approved. In accordance with the Listing Rules, the Resolution was carried by a majority of not less than 75 per cent. of the holders of the Stock Units (being entitled to do so) who vote in person or by proxy at the meeting.

Enquires:
C Robin Woodbine Parrish: Chairman
El Oro and Exploration p.l.c.
Tel: [phone]

Graeme Thom: Nominated Adviser
Grant Thornton Corporate Finance
Tel: [phone]

Move to AIM | Announced - 25 July 2006

The Directors of the Company are pleased to announce that, following the approval by stockholders to cancel the Listing on the Official List, application has been made for the whole of the Company's issued share capital of 10,835,701 Stock Units of 5p each, fully paid to be admitted to trading on AIM, a market operated by the London Stock Exchange.

Dealings will commence on Thursday 27 July 2006. Both the Code ('ELX') and the ISIN number ('GB0003265021') will remain unchanged.

At the same time the Company's Official Listing will be cancelled.

Enquires:
C Robin Woodbine Parrish: Chairman
El Oro and Exploration p.l.c.
Tel: [phone]

Graeme Thom: Nominated Adviser
Grant Thornton Corporate Finance
Tel: [phone]

Directors PDMR Shareholding | Announced - 1 August 2006

El Oro and Exploration Company p.l.c. was informed on 31 July 2006 by C.R.W. Parish, an executive director of the company that he purchased 7,000 ordinary 5p stock units in the company that day. The price he paid was £5.45 per stock unit. His total holding in the company, following the notification of this purchase is 873,679. The stock units were purchased for his pension fund.

C.R.W. Parish - Chairman and Managing Director

Directors PDMR Shareholding | Announced - 1 August 2006

Further to the announcement made earlier today (morning of the 01 August 2006), El Oro and Exploration Company p.l.c. was informed on 31 July 2006 by C.R.W. Parish, an executive director of the company that he purchased 23,000 ordinary 5p stock units in the company that day. The price he paid was £5.45 per stock unit. His total holding in the company, following the notification of this purchase is 896,679. The stock units were purchased for his pension fund.

C.R.W. Parish - Chairman and Managing Director

Directors PDMR Shareholding | Announced - 2 August 2006

Further to the announcement made at 3.47pm yesterday, the 23,000 ordinary 5p stock units that C.R.W. Parish, an executive director of El Oro and Exploration Company p.l.c. purchased in that company, were for his own account and not for his pension fund.

C.R.W. Parish - Chairman and Managing Director

Directors PDMR Shareholding | Announced - 4 August 2006

El Oro and Exploration Company p.l.c was informed on 03 August 2006 by Robert E Wade, a non-executive director of the company that he purchased 4,000 ordinary 5p stock units in the company on that day. The price he paid was £5.50 per stock unit. His total holding in the company following the notification of his purchase is 62,712.

C.R.W. Parish - Chairman and Managing Director

Directors PDMR Shareholding | Announced - 4 August 2006

El Oro and Exploration Company p.l.c was informed on 03 August 2006 by J. Anthony Wild, a non-executive director of the company that he purchased 2,500 ordinary 5p stock units in the company on that day. The price he paid was £5.50 per stock unit. His total holding in the company following the notification of his purchase is 25,000.

C.R.W. Parish - Chairman and Managing Director

Directors PDMR Shareholding | Announced - 4 August 2006

Further to the announcement made at 11:36am on 02 August 2006, 1000 of the 23,000 stock units that C.R.W. Parish bought were not for his own account but were made on behalf of members of his family. The details are shown in the following table.

C.R.W. Parish & L.J. Parish
	For A.G.W. Parish	200
	For E.C.W. Parish	75
	In the name of Mrs E.C. Parish for A.J.W. Parish	275
	In the name of Mrs E.C. Parish for N.E.W. Parish	150
	In the name of Mrs E.C. Parish for A.G.W. Parish	75
Mr G. & Mrs. C.W. Zegos
	In the name of Mrs E.C. Parish for Constantinos Zegos	225

In addition El Oro and Exploration Company p.l.c. was informed by C.R.W. Parish on the 03 August 2006 that a purchase was made of 5,740 stock units in the name of Mrs E.C. Parish for Zoe Kumaramangalam. The price paid was 505p per stock unit.

C.R.W. Parish - Chairman and Managing Director

Directors PDMR Shareholding | Announced - 4 August 2006

Further to our announcement earlier today regarding the purchase of 5,740 stock units in the company, in the name of Mrs E.C. Parish for Zoe Kumaramangalam, the price paid was 550p and not 505p per stock unit.

C.R.W. Parish - Chairman and Managing Director

Directors PDMR Shareholding | Announced - 22 August 2006

El Oro and Exploration Company p.l.c. (the 'Company') was informed on 18 August 2006 by The Hon. Mrs. E. C. Parish, an executive director of the Company of the transfer of 33,708 stock units on 18 August 2006 to her grandchildren and trusts for her grandchildren none of whom are directors of the Company.

The price at the time of transfer was 545.5p per stock unit.

As a result of the transfer The Hon. Mrs. E. C. Parish's holding is now 331,463 stock units and now represents 3.06% of the Company's issued stock units.

As a result of the transfer C. R. W. Parish's non-beneficial holding now represents approximately 14.34% of the Company's issued stock units.

As a result of the transfer Mrs. C. W. Zegos's non-beneficial holding now represents approximately 4.90% of the Company's issued stock units.

As a result of the transfer Mrs. E. W. Houston's non-beneficial holding now represents approximately 6.58% of the Company's issued stock units.

The above non-beneficial holdings are held through interests as trustees of several family trusts in the stock units of the Company and may result in a degree of duplication.

C.R.W. Parish - Chairman and Managing Director

Directors PDMR Shareholding | Announced - 11 Septmeber 2006

El Oro and Exploration Company p.l.c. (the 'Company') was informed of the following purchases of stock units by Directors of the Company on 7 September 2006 as follows:

Mr. C.R.W. Parish, an executive director of the Company, purchased 2,500 ordinary 5p stock units in the Company. The price paid was £5.25 per stock unit.500 of the 2,500 stock units that Mr. C.R.W. Parish purchased were made on behalf of his son, Mr. A.G.W. Parish, who is a minor.

Mr. C.R.W. Parish has a beneficial holding in the Company, following the notification of this purchase is 899,179 representing 8.34% of the Company together with a non-beneficial holding of 1,558,684 stock units, representing 14.45% of the Company.

Mr. R.E. Wade, a non-executive director of the Company purchased 1,000 ordinary 5p stock units in the Company. The price paid was £5.25 per stock unit.Mr. R.E. Wade has a total holding in the Company, all of which he beneficially owns, following the notification of this purchase is 59,712 representing 0.55% of the Company.Mrs. E.W. Houston, a non-executive director of the Company purchased 7,000 ordinary 5p stock units in the Company. The price paid was £5.25 per stock unit.1,250 of the 7,000 stock units that Mrs E.W. Houston purchased were made on behalf of Mr. C. Houston, her husband.4,500 ordinary 5p stock units in the Company were purchased for the childrens' trusts of Mrs. E.W. Houston's children. The price paid was £5.25 per stock unit.

Mrs. E.W. Houston has a beneficial holding in the Company, following the notification of this purchase is 1,114,737 representing 10.34% of the Company together with a non-beneficial holding of 535,589 stock units, representing 4.97% of the Company.

Cancellation of Shares

Also, on 7 September 2006, the Company purchased for cancellation 51,500 stock units. The price paid was £5.25 per stock unit. Following the cancellation of these stock units there are now 10,784,201 stock units in issue.

For further information, please contact:

C Robin Woodbine Parish: Chairman
Steven McKeane: Company Secretary
El Oro and Exploration Company plc
Tel: [phone]

Philip Secrett: Nominated Adviser
Grant Thornton Corporate Finance
Tel: [phone]

Notice of final results | Announced - 12 Septmeber 2006

El Oro and Exploration Company p.l.c. (the 'Company') will announce its final results for the eighteen month period ending 30 June 2006 in late October 2006.

For further information, please contact:

C Robin Woodbine Parish: Chairman
Steven McKeane: Company Secretary
El Oro and Exploration Company plc
Tel: [phone]

Philip Secrett: Nominated Adviser
Grant Thornton Corporate Finance
Tel: [phone]

Preliminary Statement - 30 June 2006 | Announced - 1 November 2006

El Oro Ltd announces its preliminary results for the six months ending 30 June 2006.

Extracts from the preliminary results are set out below.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd
Tel: [phone]

Directors PDMR Shareholding | Announced - 8 November 2006

El Oro and Exploration Company p.l.c. ('El Oro' or the 'Company') was informed on 7 November 2006 of the following purchases of stock units by directors of the Company on 6 November 2006 as follows:

Mr. C.R.W. Parish, an executive director of the Company, purchased 6,800 ordinary 5p stock units in the Company at £6.50 per stock unit and 1,265 ordinary 5p stock units in the Company at £6.55 per stock unit. 6000 of the 8,065 stock units that Mr. C.R.W. Parish purchased were for his pension fund.

1,125 of the 8,065 stock units that Mr. C.R.W. Parish purchased were made on behalf of his children who are all minors.

940 of the 8,065 stock units that Mr. C.R.W. Parish purchased were made on behalf of his children for trust accounts in the name of Mrs. E.C. Parish.

Mr. C.R.W. Parish has a beneficial holding in the Company, following the notification of this purchase of 907,244 representing 8.41% of the Company together with a non-beneficial holding of 1,561,664 stock units, representing 14.48% of the Company.

Mrs. E.W. Houston, a non-executive director of the Company purchased 2,500 ordinary 5p stock units in the Company. The price paid was £6.50 per stock unit.

2,500 ordinary 5p stock units were purchased for Mrs. E. W. Houston's children trust accounts in the name of Mrs. E.C. Parish. The price paid was £6.55.

Mrs. E.W. Houston has a beneficial holding in the Company, following the notification of this purchase is 1,117,237 representing 10.36% of the Company together with a non-beneficial holding of 538,089 stock units, representing 4.99% of the Company.

For further information, please contact:

C Robin Woodbine Parish: Chairman
Steven McKeane: Company Secretary
El Oro and Exploration Company plc
Tel: [phone]

Philip Secrett: Nominated Adviser
Grant Thornton Corporate Finance
Tel: [phone]

AGM Resolution Results | Announced - 12 December 2006

The Company announces that all resolutions were duly passed at its Annual General Meeting held earlier today.

Change of Company Secretary:

At the AGM of the Company, Steven McKeane was appointed company secretary/financial controller. The Chairman thanked Chris Burman for his contributions to the Company during the past five years

For further information, please contact:

C Robin Woodbine Parish: Chairman
Steven McKeane: Company Secretary
El Oro and Exploration Company plc
Tel: [phone]

Philip Secrett: Nominated Adviser
Grant Thornton Corporate Finance
Tel: [phone]

Total Voting Rights | Announced - 21 December 2006

In conformity with the Transparency Directive's transitional provision 6, El Oro and Exploration Company p.l.c. ('El Oro' or the 'Company') notifies the market of the following:

As at the date of this announcement, the Company's issued share capital consists of 10,784,201 ordinary stock units ('Ordinary Stock Units'), with voting rights. The Company does not hold any Ordinary Stock Units in Treasury.

Therefore, the total number of Ordinary Stock Units with voting rights is 10,784,201.

The above figure of 10,784,201 Ordinary Stock Units may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

For further information, please contact:

C Robin Woodbine Parish: Chairman
Steven McKeane: Company Secretary
El Oro and Exploration Company plc
Tel: [phone]

Philip Secrett: Nominated Adviser
Grant Thornton Corporate Finance
Tel: [phone]

Interim Results - 31 December 2006 | Announced - 30 March 2007

El Oro Ltd announces its interim results for the six months ended 31 December 2006.

Extracts from the interim results are set out below.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd
Tel: [phone]

Directors PDMR Shareholding | Announced - 5 April 2007

El Oro and Exploration Company p.l.c. was informed on 3 April 2007 of the following purchases of stock units by directors of the Company on 3 April 2007 as follows:

The Hon. Mrs. E.C. Parish, an executive director of the Company, purchased 4,233 ordinary 5p stock units in the Company at £6.50 per stock unit. This purchase comprises:

• 550 stock units purchased on behalf of the account of her grandchild who is not a minor and that Mr. C.R.W. Parish is a trustee
• 1,000 stock units purchased on behalf of the account of her grandchild who is minor and that Mr. C.R.W. Parish is a trustee; and
• 2,683 stock units purchased on behalf of accounts of her grandchildren who are all minors and that Mr. C.R.W. Parish and Mrs. E.W. Houston are trustees.

Mr. C.R.W. Parish, an executive director of the Company, purchased 450 ordinary 5p stock units in the Company at £6.50 per stock unit. The 450 stock units that Mr. C.R.W. Parish purchased were made on behalf of his child who is a minor.

Mrs. E.W. Houston, a non-executive director of the Company sold 15,000 ordinary 5p stock units in the Company at £6.50 per stock unit. This sale comprises:

• 5,385 of the stock units were sold to Mr C Houston, the husband of Mrs. E.W. Houston;
• 6,932 of the stock units were sold to trusts of her children who are all minors and that Mr. C.R.W. Parish and Mrs. E.W. Houston are trustees; and
• 2,683 of the stock units were sold to the Hon. Mrs. E.C. Parish on behalf of trusts of her grandchildren who are all minors, as indicated above.

Following these dealings:

Mr. C.R.W. Parish has a beneficial holding in the Company, following the notification of this purchase, of 907,244 stock units representing 8.4% of the Company together with a non-beneficial holding of 1,579,048 stock units, representing 14.6% of the Company. This represents an interest of 23.0% in the total voting rights of the Company.

Mrs. E.W. Houston has a beneficial holding in the Company, following the notification of this sale, of 1,102,237 representing 10.2% of the Company together with a non-beneficial holding of 553,089 stock units, representing 5.1% of the Company. This represents an interest of 15.3% in the total voting rights of the Company.

For further information, please contact:

C Robin Woodbine Parish: Chairman
Steven McKeane: Company Secretary
El Oro and Exploration Company plc
Tel: [phone]

Philip Secrett: Nominated Adviser
Grant Thornton Corporate Finance
Tel: [phone]

Directors PDMR Shareholding | Announced - 18 May 2007

El Oro and Exploration Company p.l.c. was informed on 17 May 2007 of the following purchase of 1,000 stock units at 680.0 pence per share by Robert E. Wade, a non-executive director of the Company on 17 May 2007. Following the notification of this purchase Mr Wade holds 64,712 stock units, representing 0.6% of the Company, which represents an interest of 0.6% in the total voting rights of the Company.

For further information, please contact:

C Robin Woodbine Parish: Chairman
Steven McKeane: Company Secretary
El Oro and Exploration Company plc
Tel: [phone]

Philip Secrett: Nominated Adviser
Grant Thornton Corporate Finance
Tel: [phone]

Final Results - 30 June 2007 | Announced - 9 November 2007

El Oro Ltd announces its final results for the year ended 30 June 2007.

Extracts from the final results are set out below.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd
Tel: [phone]

Directors PDMR Shareholding | Announced - 22 November 2007

El Oro and Exploration Company plc was informed on 20 November 2007 of the following purchases of stock units by directors of the Company on 20 November 2007 as follows:

The Hon. Mrs EC Parish, an executive director of the Company, purchased 945 ordinary 5 pence stock units in the Company at £7.05 per stock unit. This purchase comprises:

• 465 stock units purchased on behalf of the account of her grandchild who is a minor and that Mr CRW Parish is a trustee;
• 135 stock units purchased on behalf of the account of her grandchild who is a minor and that Mr CRW Parish is a trustee;
• 200 stock units purchased on behalf of the account of her grandchild who is a minor and that Mr CRW Parish is a trustee; and
• 145 stock units purchased on behalf of the account of her grandchild who is a minors and that Mr CRW Parish is a trustee.

Mr CRW Parish, an executive director of the Company, purchased 555 ordinary 5 pence stock units in the Company at £7.05 per stock unit. This purchase comprises:

• 555 stock units purchased on behalf of family trusts that Mr CRW Parish is a trustee of.

Following these dealings:

Mr CRW Parish has a beneficial holding in the Company, following the notification of this purchase, of 909,995 stock units representing 8.44% of the Company together with a non-beneficial holding of 1,583,954 stock units, representing 14.70% of the Company. This represents an interest of 23.14% in the total voting rights of the Company.

The Hon. Mrs EC Parish has a beneficial holding in the Company, following the notification of this purchase, of 332,408 stock units representing 3.08% of the Company. This represents an interest of 3.08% in the total voting rights of the Company.

For further information, please contact:

C Robin Woodbine Parish: Chairman
Steven McKeane: Company Secretary
El Oro and Exploration Company plc
Tel: [phone]

Philip Secrett: Nominated Adviser
Grant Thornton Corporate Finance
Tel: [phone]

Directors PDMR Shareholding | Announced - 23 November 2007

El Oro and Exploration Company plc was informed on 22 November 2007 of the following purchases of stock units by Directors of the Company on 20 November 2007 as follows:

The Hon. Mrs EC Parish, an executive director of the Company, purchased 4,326 ordinary 5 pence stock units in the Company at £6.65 per stock unit. This purchase comprises:

• 1,442 stock units purchased on behalf of the account of her grandchildren who are not minors and that Mr CRW Parish is a trustee; and
• 2,884 stock units purchased on behalf of the account of her grandchild who is a minor and that Mr CRW Parish is a trustee.

Mr CRW Parish, an executive director of the Company, purchased 674 ordinary 5 pence stock units in the Company at £6.65 per stock unit. The purchase of 674 stock units that Mr CRW Parish were made on behalf of himself

Following these dealings:

Mr CRW Parish has a beneficial holding in the Company, following the notification of this purchase, of 910,669 stock units representing 8.45% of the Company together with a non-beneficial holding of 1,583,954 stock units, representing 14.70% of the Company. This represents an interest of 23.15% in the total voting rights of the Company.

The Hon. Mrs EC Parish has a beneficial holding in the Company, following the notification of this purchase, of 336,734 stock units representing 3.12% of the Company. This represents an interest of 3.12% in the total voting rights of the Company.

For further information, please contact:

C Robin Woodbine Parish: Chairman
Steven McKeane: Company Secretary
El Oro and Exploration Company plc
Tel: [phone]

Philip Secrett: Nominated Adviser
Grant Thornton Corporate Finance
Tel: [phone]

Directors PDMR Shareholding | Announced - 27 November 2007

El Oro and Exploration Company plc was informed on 23 November 2007 of the following purchase of 1,000 stock units at 665.0 pence per share by Robert E Wade, a non-executive Director of the Company on 23 November 2007. Following the notification of this purchase Mr Wade holds 65,712 stock units, representing 0.61% of the Company, which represents an interest of 0.61% in the total voting rights of the Company.

For further information, please contact:

C Robin Woodbine Parish: Chairman
Steven McKeane: Company Secretary
El Oro and Exploration Company plc
Tel: [phone]

Philip Secrett: Nominated Adviser
Grant Thornton Corporate Finance
Tel: [phone]

AGM Resolution Results | Announced - 12 December 2007

El Oro and Exploration Company plc (the 'Company') announces that at the Company's Annual General Meeting held today, all of the resolutions were duly passed.

For further information, please contact:

C Robin Woodbine Parish: Chairman
Steven McKeane: Company Secretary
El Oro and Exploration Company plc
Tel: [phone]

Philip Secrett: Nominated Adviser
Grant Thornton Corporate Finance
Tel: [phone]

Chairman's Statement | Announced - 31 December 2007

The Group profit before tax for the six months to 31 December 2007 was £4,810,071 (six months to 31 December 2006: £3,049,025). Group net assets at 31 December 2007 under IFRS, taking all assets at fair value were £81,588,816 equal to 757p per stock unit, (31 December 2006: £77,167,354 equal to 712p per stock unit).

'When them as wallers in sin thinks they's getting by with it, she said, that's when He strikes em in His holy wrath. He jest bides His time'. 'Cormac McCarthy - The Orchard Keeper'.

The results for the half-year have since been overshadowed, by continuing turmoil in the financial markets; the collapse of funds such as Peloton, Focus and Carlyle Capital amongst others, and more significantly the rescue of Bear Stearns, underline the gravity of storms swirling through Western economies. An analysis of the indebtedness of some Baltic and East European nations, along with Iceland and Turkey, can only exacerbate this sense of foreboding.

Sadly, by no means is this the story of events unforetold: the consistent condemnation of derivatives from the hallowed halls of Omaha and Pasadena, warnings from the Governor of the Bank of England and the unremitting Cassandra-like criticism of the US credit boom by the late Dr. Richebacher amongst others, were all happily ignored in the Gadarene rush to amass ever more Gargantuan empires based, as it now appears, on foundations of sand.

The monstrous maelstrom mowing down the mighty and the minnows has made the proud and powerful into mendicant monks seeking salvage from the Federal Reserve or the Bank of England; meanwhile their erstwhile leaders set off into the sun clutching their Brobdingnagian booty, regardless of seeming success or apparent failure.

We have not been immune to declines in the price of property assets as the market anticipates a falling residential and commercial property market. With a wearyingly familiar sense of inevitability, where market conditions of themselves are challenging, Government action has or will exacerbate the situation: in the case of property by imposing rates on vacant property, along with the ridiculous HIPS on residential property; in the case of our Brewery Estate investments, by the malicious assault on smoking within the confines of the pubs, followed hard on its heels by the determination to banish the sale of cigarette vending machines; the decline in profits is beginning to become apparent, albeit in the dim light of dawn. This attack on the pub sector has been compounded by raising the tax on alcohol over and above inflation. Historically, well managed and monitored pubs have presented a secure and agreeable venue for moderate drinking and convivial encounter; wholly at variance with the effects of the Government's 24-hour drinking and changes to the licensing laws; to which a Parliamentary committee has attributed the spread of lager louts in city centres, and other unattractive phenomena.

As if this madness was not enough, the eponymous Harman now proposes to ban repartee and terms of endearment from bars and stores, to give those litigious members of society another chance to sue for supposed or imagined slights. What a desperate state of affairs, to see our vocabulary monitored by the legal profession, under the guise of preventing 'sex discrimination' and our hostelries emasculated and age-old beverages consigned to history by ministers and civil-servants in their plush glass palaces drinking Lattes and Frappes, whilst imposing ever-more onerous taxes and restrictions on the traditional tipples and tittle-tattle of the British people.

This urge to interfere and 'act', rather than 'sitting pretty, doing nothing' is only too apparent, now that the Government has seen the light and embraced the birth of a new Nuclear Age: sadly, it sold Westinghouse, the leader in that field, to Toshiba, in the same futile fashion it flicked away Qinetiq to Carlyle, and our historic Gold reserves: all first-class National assets.

The British Government has paid obscene obeisance to the European Union, ignoring every promise and poll to align us with that unholy herd, and now assaults the Old Commonwealth and its rights of entry, despite the longevious and formidable ties of blood, trade, tradition and civilisation shared over so many years, with its huge contribution to trade and economy for all parties. Such a perverse policy reaches its nadir in the refusal of residence rights to the Gurkha soldiers who have fought so valiantly to defend us; whilst Post Offices and Village Schools fall to the same Statist or Stalinist philosophy; hill farms and the landscape are discarded, and non-doms are sacrificed for a mess of pottage; playing-fields, including those of Jersey, are pillaged, and even mince-meat, a staple of the beef industry, is confronted with a mad new EU directive; it is remarkable indeed, given the vast reduction in public swimming pools, despite an obligation for their provision, and almost complete destruction of diving-boards, that England can suddenly discover a European Diving Champion.

The attack on 'Risk' is now a central plank of national 'elf and safety policy, producing generations less and less able to cope with the every day and more substantial crises of life. It also engenders a vast infrastructure which, as the FSA has proved, is horrendously expensive and ultimately incapable of dealing with situations once resolved discreetly, or managed with a raised eyebrow in the confines of the old establishment, but mostly driven by common sense and discernment.

The necessity and obligation facing our economy to cut both taxes and spending significantly has been denied by all parties, particularly the Conservatives in their Cyclops-post-Odysseus blindness driven by the inchoate urging of their spineless strategists. The symbolism of Banana Republic's arrival in Britain is perhaps apposite.

The deflation of domestic residences whose rise had created the credit boom both in Britain and the United States is now making its sombre black marks in the history books: quite possibly further wreckage may yet descend from the ether as the deflated balloon subsides across the Western world and beyond. This has profound and negative consequences for consumer spending which is no longer underpinned by an annual increase in the value of an underlying asset. For the first time since 1945 the share of equity held by the individual in homes in the United States has fallen below 50%.

Proverbs 11 v 13 state; 'Happy is the man that findeth wisdom and the man that getteth understanding. For the merchandise of it is better than the merchandise of silver and the gain thereof than fine gold.'

Wisdom and vision have been sadly lacking amongst our political and business leaders and the day of Reckoning is upon them. Given this absence, our vision is for the continued accumulation of the alternative, both Silver and Gold and the shares thereof. We congratulate Colin Loosemore of Archipelago who has received one of the required permits to develop the exciting mine at Toka Tindung. We have visited other promising projects in Chile and Argentina whilst remaining wary of political interference in various parts of the world. The inability of South Africa to provide adequate power for its burgeoning population and industry has enhanced metal prices for both Gold and Platinum. We are also increasing our exposure to the production of food, fertilizer and agricultural products and are heartened by the continued rise in MP Evans, an outstanding performer in the portfolio.

In conclusion the outlook for retail and housing remains distinctly gloomy, whilst the continuing rise in inter-bank rates bodes ill for the entire financial sector. We would be surprised albeit happy at any pick up in property prices.

We are however well placed in our traditional areas of strength particularly Basic Resources, Energy and Precious Metals. We would expect the latter especially to thrive in the current climate, and will attempt to restrain our excitement.

My thanks are due to my peripatetic Directors, our numerous advisers around the world, and the increasingly formidable team in Cheval Place led by Steve McKeane, Abbie playing in Midfield, and Vicky solid in defence: the Rooney, Ronaldo, Vidic triumvirate. Onwards to Victory.

C Robin Woodbine Parish
Chairman

Interim Dividend to 24 September 2008 | Announced - 24 September 2008

On 23 September 2008, the Directors of El Oro and Exploration Company plc declared a first and only interim dividend of 14.0 pence per stock unit for the year-ended 30 June 2008.

This cash dividend is payable on 24 October 2008 to stockholders on the Register, at close of business on 3 October 2008.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane, Secretary
El Oro and Exploration Company plc
Tel: [phone]

Philip Secrett: Nominated Adviser
Grant Thornton Corporate Finance
Tel: [phone]

Interim Results - 31 December 2007 | Announced - 31 March 2008

El Oro Ltd announces its interim results for the six months ended 31 December 2007.

Extracts from the interim results are set out below.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd
Tel: [phone]

Directors Shareholding | Announced - 9 April 2008

The Company has been informed of the following transactions in stock units by Directors of the Company as follows:

The Hon. Mrs EC Parish, a non-executive Director of the Company, sold 1,750 ordinary 5 pence stock units in the Company at £6.30 per stock unit. This sale comprises 1,750 stock units sold on behalf of an account of her grandchildren who are minors and that Mr. CRW Parish and Mrs. EW Houston are trustees.

Mrs. EW Houston, a non-executive Director of the Company, purchased 1,750 ordinary 5 pence stock units in the Company at £6.32 per stock unit. Mrs. EW Houston purchased the 1,750 stock units on her own behalf.

Mrs. EW Houston, a non-executive Director of the Company, sold 12,964 ordinary 5 pence stock units in the Company at £5.90 per stock unit. Mrs. EW Houston sold the 12,964 stock units on her own behalf.

Mrs. EW Houston, a non-executive Director of the Company, purchased 12,964 ordinary 5 pence stock units in the Company at £5.90 per stock unit. This purchase comprises 12,964 stock units purchased on behalf of an account of her children, three of whom are minors, that Mrs. EW Houston and Mr CRW Parish are trustees of.

Mr. Robert E. Wade, a non-executive Director of the Company, purchased 2,000 stock units at £5.96 per stock unit in the Company.

Mr. CRW Parish, an executive director of the Company, sold 10,000 ordinary 5 pence stock units in the Company at £5.70 per stock unit. This sale comprises 10,000 stock units sold on his own account.

Mr CRW Parish, an executive director of the Company, purchased 10,000 ordinary 5 pence stock units in the Company at £5.703 per stock unit. This purchase comprises 10,000 stock units purchased on behalf of a family trust that Mr CRW Parish is a trustee of.

In addition, the holdings for The Hon. Mrs. EC Parish and Mr CRW Parish have been adjusted to reflect the reallocation of underlying trust accounts. As a result of this, 5,271 stock units have been reallocated from The Hon. Mrs. EC Parish's beneficial holding to Mr CRW Parish's beneficial and non-beneficial holdings in the Company.

Following these dealings:

The Hon. Mrs. EC Parish has a beneficial holding in the Company, following the notification of this sale, of 331,463 stock units representing 3.08% of the Company. This represents an interest of 3.08% 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 1,091,023 representing 10.12% of the Company together with a non-beneficial holding of 564,303 stock units, representing 5.24% of the Company. This represents an interest of 15.36% in the total voting rights of the Company.

Mr CRW Parish has a beneficial holding in the Company, following the notification of these transactions, of 911,614 stock units representing 8.46% of the Company together with a non-beneficial holding of 1,599,493 stock units, representing 14.84% of the Company. This represents an interest of 23.30% in the total voting rights of the Company.

Mr. RE Wade holds 67,712 stock units, representing 0.63% of the Company. This represents an interest of 0.63% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
El Oro and Exploration Company plc
Tel: [phone]

Philip Secrett: Nominated Adviser
Grant Thornton Corporate Finance
Tel: [phone]

Final Results - 30 June 2008 | Announced - 24 October 2008

El Oro Ltd announces its final results for the year ended 30 June 2008.

Extracts from the final results are set out below.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd
Tel: [phone]

Announcement of Intended Restructuring | Announced - 22 January 2009

The Directors of El Oro are pleased to announce proposals relating to a change in the corporate structure, strategy and organisation of the El Oro Group. These include creating a new Guernsey incorporated holding company in respect of which application will be made for its shares to be listed on the Official List of the Channel Islands Stock Exchange.

The Proposals will be effected by putting in place New El Oro as the new holding company for the El Oro Group by way of a scheme of arrangement under section 899 of the Companies Act, which requires the approval of the Scheme Stockholders and the sanction of the Court.

The Board believes El Oro's options in its current form are limited if it continues to be based only in the UK with its Stock Units admitted to trading on AIM. In essence, the Directors believe that El Oro's commercial objective is to be a collective investment vehicle. However, it is unable to enjoy the benefits normally associated with these vehicles while based solely in the UK.

In order to be competitive with other collective investment funds, the Board believes it is necessary to restructure the El Oro Group so as to allow New El Oro to be subject to a tax regime which makes it more comparable to vehicles such as unit trusts and investment trusts.

The move to the CISX will also make the New El Oro Shares eligible to be held in ISAs, which will be attractive to investors. The Directors believe that the CISX is well-regarded as a listing authority for investment funds and imposes administrative obligations which are appropriate for a company such as New El Oro.

In line with similar collective investment vehicles, following implementation of the Proposals, New El Oro intends putting in place the necessary arrangements to enable it to announce consolidated net asset value figures on a quarterly basis. This is expected to occur with effect from July 2009.

It is intended that the portfolio currently held by El Oro will be segmented into two discrete portfolios which will be managed along distinctly different lines and investment styles. It is currently proposed that:

• i) the portfolio continuing to be vested in El Oro (and so in the UK) will be predominantly an income portfolio, focussing on stocks in relatively mature sectors (e.g. some, but not all, brewing, utility and mining stocks) which are typically characterised by high yields; and
• 
  
• ii) the remainder of the portfolio will comprise the stocks selected in pursuit of a blended value / growth investment style which seeks to identify companies which have good growth prospects which have not yet been fully recognised and priced into the market. These stocks will, insofar as possible, be transferred by way of dividend in specie to New El Oro.

The Directors, who have been advised by Auden Capital, consider that the Proposals are in the best interests of El Oro and Stockholders as a whole. Accordingly, the Directors will recommend unanimously that Stockholders vote in favour of the resolutions to be proposed at the Court Meeting and the General Meeting, as they intend to do (or procure) in respect of their beneficial and non-beneficial interests, amounting, in aggregate, to 4,566,856 Stock Units, representing approximately 42.6 per cent. of El Oro's entire issued share capital.

The Proposals will be put to Stockholders at a Court Meeting which is expected to be convened on 26 February 2009. The Scheme also requires the sanction of the Court and the passing of the Special Resolution to be proposed at the General Meeting which is also expected to be convened on 26 February 2009.

Prior to the Scheme becoming effective, application will be made to the CISX for the New El Oro Shares to be admitted to the Official List and to trading on the CISX's market for listed securities. It is expected that the New El Oro Shares will be listed on the CISX, and that dealings in them will commence, at 8.00 a.m. on 19 March 2009.

It is expected that the Scheme Circular setting out full details of the Proposals will be posted to Stockholders on or around 2 February 2009.

Posting of Scheme Circular | Announced - 2 February 2009

The Company announces that, further to the announcement made on 22 January 2009, the Scheme Circular was posted to stockholders on 2 February 2009. The Scheme Circular will also be available on the Company's website (www.eloro.co.uk).

For enquiries please contact:
C. Robin Woodbine Parish: Chairman
Steven McKeane: Company Secretary
El Oro and Exploration Company p.l.c.
Tel: [phone]

Mark Katzenellenbogen
Auden Capital LLP (financial adviser to El Oro)
Tel: [phone]

Philip Secrett
Grant Thornton UK LLP (Nominated Adviser)
Tel: [phone]

Results of General and Scheme Meeting | Announced - 26 February 2009

El Oro and Exploration Company p.l.c is pleased to announce that at today's meeting of Scheme Stockholders convened by the Court, the required majority of Scheme Stockholders approved the Scheme without modification. At the subsequent General Meeting, also held today, Stockholders passed the resolution which was proposed, as set out in the notice dated 2 February 2009.

The Scheme is subject to final sanction by the Court and is expected to become effective on 18 March 2009.

An indicative timetable for the remaining steps to implement the Scheme is set out below.

Timetable

Scheme Record Time - 6.00 p.m. on 16 March 2009
Last day of dealings in, and for registration of transfers of, Stock Units, and disablement in CREST of Stock Units - 16 March 2009
Suspension from trading of Stock Units on AIM - 7.00 a.m. on 17 March 2009
Court Hearing (to sanction the Scheme and confirm the Reduction of Capital) - 17 March 2009
Effective Date of the Scheme - 18 March 2009
Cancellation of admission to trading of Stock Units on AIM - 7.00 a.m. on 19 March 2009
Admission and first dealing date of New El Oro Shares - 19 March 2009
CREST accounts credited - 19 March 2009
Latest date for despatch of share certificates in respect of New El Oro Shares - 1 April 2009

Any term used but not defined in this announcement is as defined in the scheme document sent to the Company's stockholders on 2 February 2009. All dates and times are London times. Any changes to the above timetable will be announced and made available on the Company's website (www.eloro.co.uk).

For enquiries please contact:
C. Robin Woodbine Parish: Chairman
Steven McKeane: Company Secretary
El Oro and Exploration Company p.l.c.
Tel: [phone]

Mark Katzenellenbogen
Auden Capital LLP (financial adviser to the Company)
Tel: [phone]

Philip Secrett
Grant Thornton UK LLP (Nominated Adviser)
Tel: [phone]

Suspension from Trading on AIM | Announced - 16 March 2009

El Oro and Exploration Company p.l.c announces that, as set out in the notice dated 2 February 2009, today will be the final day of dealings in the Company's Stock Units on AIM. The Company's Stock Units will be suspended on AIM at 7am on 17 March 2009, prior to the Court hearing to sanction the Scheme.

The Scheme is subject to final sanction by the Court and is expected to become effective on 18 March 2009.

The timetable for the remaining steps to implement the Scheme is set out below.

Timetable

Suspension from trading of Stock Units on AIM - 7.00 a.m. on 17 March 2009
Court Hearing (to sanction the Scheme and confirm the Reduction of Capital) - 17 March 2009
Effective Date of the Scheme - 18 March 2009
Cancellation of admission to trading of Stock Units on AIM - 7.00 a.m. on 19 March 2009
Admission and first dealing date of New El Oro Shares on CISX - 19 March 2009
CREST accounts credited - 19 March 2009
Latest date for despatch of share certificates in respect of New El Oro Shares - 1 April 2009

Any term used but not defined in this announcement is as defined in the scheme document sent to the Company's stockholders on 2 February 2009. All dates and times are London times. Any changes to the above timetable will be announced and made available on the Company's website (www.eloro.co.uk).

For enquiries please contact:
C. Robin Woodbine Parish: Chairman
Steven McKeane: Company Secretary
El Oro and Exploration Company p.l.c.
Tel: [phone]

Mark Katzenellenbogen
Auden Capital LLP (financial adviser to the Company)
Tel: [phone]

Philip Secrett
Grant Thornton UK LLP (Nominated Adviser)
Tel: [phone]

Court Sanctions Scheme of Arrangement | Announced - 17 March 2009

El Oro and Exploration Company p.l.c is pleased to announce that at today's Court Hearing, the Court sanctioned the Scheme and confirmed the Reduction of Capital of the Company.

The Scheme will become effective on the delivery by the Company to the Registrar of Companies of a copy of the Court Order and, in relation to the Reduction of Capital, the registration of such Court Order and the related Minute by the Registrar of Companies. This is expected to take place on 18 March 2009.

The timetable for the remaining steps to implement the Scheme is set out below.

Timetable

Effective Date of the Scheme - 18 March 2009
Cancellation of admission to trading of Stock Units on AIM - 7.00 a.m. on 19 March 2009
Admission and first dealing date of New El Oro Shares on CISX - 19 March 2009
CREST accounts credited - 19 March 2009
Latest date for despatch of share certificates in respect of New El Oro Shares - 1 April 2009

Any term used but not defined in this announcement is as defined in the scheme document sent to the Company's stockholders on 2 February 2009. All dates and times are London times. Any changes to the above timetable will be announced and made available on the Company's website (www.eloro.co.uk).

For enquiries please contact:
C. Robin Woodbine Parish: Chairman
Steven McKeane: Company Secretary
El Oro and Exploration Company p.l.c.
Tel: [phone]

Mark Katzenellenbogen
Auden Capital LLP (financial adviser to the Company)
Tel: [phone]

Philip Secrett
Grant Thornton UK LLP (Nominated Adviser)
Tel: [phone]

NAV announcement - 18 March 2009

El Oro Ltd. ('the Company') Registration No: 49778 of 22 Smith Street, ST Peter Port,
Guernsey, GY1 2JQ Channel Islands.

Immediate Announcement:
Net Asset Value
18 March 2009
Valuation date 18 March 2009
Currency GBP
NAV 3550 pence

For further information, please contact:
C Robin Woodbine Parish: Chairman
El Oro Ltd.
Tel: [phone]

Admission to the CISX Official List | Announced - 19 March 2009

The following securities have been admitted to the Official List of the Channel Islands Stock Exchange with effect from the time and date of this notice.

The listing of the following securities takes effect from 19 March 2009 at 08:00.

El Oro Ltd
10,766,501 ordinary no par value shares
ISIN - GG00B3L9RC72

Director PDMR Shareholding | Announced - 22 May 2009

El Oro Ltd., ('the Company') has been informed of the purchase of 2,000 stock units by CRW Parish, an executive director of the Company of purchases made by members of his family in the Company in two lots of 1,500 and 500 shares at 375 pence and 400 pence respectively. The details of these purchases in the Company are shown in the following table.

CRW Parish on behalf of:	Shares purchased
Mrs LJ Parish - ISA Account	1,500
Mrs LJ Parish - ISA Account	500
	2,000

Following these dealings:
Mr CRW Parish has a beneficial holding in the Company following the notification of this appropriation of 913,614 stock units representing 8.48% of the Company together with a non-beneficial holding of 1,599,493 stock units, representing 14.84% of the Company. This represents an interest of 23.32% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
El Oro Ltd.
Tel: [phone]

Interim Dividend to 30 June 2009 - Amended date | Announced - 26 November 2009

The Company's registrar, Capita Registrars advised that there has been an inadvertent delay in the implementation of BACS payment facilities for the dividend. The time-table for the dividend announcement made on 19 November 2009 has therefore been revised as follows:

On 19 November 2009, the Directors of El Oro Ltd declared a first and only interim dividend of 14.0 pence per stock unit for the year-ended 30 June 2009.

This cash dividend is payable on 23 December 2009 to shareholders on the Register, at close of business on 4 December 2009.

For further information, please contact:
C Robin Woodbine Parish: Chairman
El Oro Ltd.
Tel: [phone]

Director PDMR Shareholding | Announced - 2 July 2009

El Oro Ltd., ('the Company') has been informed of the purchase of 1,880 stock units by CRW Parish, an executive director of the Company of purchases made by members of his family in the Company in one lot of 1,880 shares at 375 pence.

Following these dealings:
Mr CRW Parish has a beneficial holding in the Company following the notification of this appropriation of 915,494 stock units representing 8.50% of the Company together with a non-beneficial holding of 1,599,493 stock units, representing 14.84% of the Company. This represents an interest of 23.34% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish: Chairman
El Oro Ltd.
Tel: [phone]

NAV announcement - 30 June 2009 | Announced - 31 July 2009

El Oro Ltd. ('the Company') Registration No: 49778 of 22 Smith Street, ST Peter Port,
Guernsey, GY1 2JQ Channel Islands.

Immediate Announcement:
Net Asset Value
31 July 2009
Valuation date 30 June 2009
Currency GBP
NAV 557.3 pence

For further information, please contact:
C Robin Woodbine Parish: Chairman
El Oro Ltd.
Tel: [phone]

Director PDMR Shareholding | Announced - 11 August 2009

The Company has been informed of the following transactions in its ordinary shares by Directors of the Company and a subsidiary company (El Oro and Exploration Company Limited) on 29 June 2009 as follows:

The Hon. Mrs EC Parish, a non-executive Director of the subsidiary company, transferred 321,462 ordinary shares in the Company at £3.50 per stock unit. This transfer comprises 321,462 ordinary shares which were transferred on behalf of accounts of her grandchildren who are adults (85,436 ordinary shares) and minors (236,026 ordinary shares) and that Mr CRW Parish and Mrs EW Houston are trustees.

Mrs EW Houston, a non-executive Director of the Company, received 107,154 ordinary shares in the Company at £3.50 per share. This transfer comprised 107,154 ordinary shares received on behalf of an account of her children, three of whom are minors and that Mrs. EW Houston and Mr CRW Parish is a trustee of which.

Mr CRW Parish, an executive director of the Company, received 134,872 ordinary shares in the Company at £3.50 per share. This transfer comprised 134,872 ordinary shares received on behalf of an account of his children, all of whom are minors and that Mr CRW Parish is a trustee of which.

Mr CRW Parish, an executive director of the Company, received a further 79,436 ordinary shares in the Company at £3.50 per share. This transfer comprised 79,436 ordinary shares received on behalf of an account of his sister's children, two of whom are adults (12,000 ordinary shares) and two of whom are minors (67,436 ordinary shares) and that Mr CRW Parish is a trustee of which.

The holdings for The Hon. Mrs. EC Parish, Mrs EW Houston and Mr CRW Parish have been adjusted to reflect the reallocation of underlying trust accounts. The result of this is that 321,462 ordinary shares in the Company have been reallocated from The Hon. Mrs EC Parish's beneficial holding to Mrs EW Houston and Mr CRW Parish's beneficial and non-beneficial holdings in the Company.

Following these transactions:
The Hon. Mrs EC Parish has a beneficial holding in the Company, following the notification of this sale, of 10,001 ordinary shares representing 0.09% of the Company. This represents an interest of 0.09% 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 1,091,023 representing 10.12% of the Company together with a non-beneficial holding of 671,457 ordinary shares representing 6.23% of the Company. This represents an interest of 16.35% in the total voting rights of the Company.

Mr CRW Parish has a beneficial holding in the Company, following the notification of these transactions, of 1,058,216 ordinary shares representing 9.80% of the Company together with a non-beneficial holding of 1,786,083 ordinary shares representing 16.57% of the Company. This represents an interest of 26.37% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish
Chairman
El Oro Ltd
Tel: [phone]

S McKeane
El Oro Ltd
Tel: [phone]

Interim Dividend to 30 June 2009 | Announced - 20 November 2009

On 19 November 2009, the Directors of El Oro Ltd declared a first and only interim dividend of 14.0 pence per stock unit for the year-ended 30 June 2009.

This cash dividend is payable on 30 November 2009 to shareholders on the Register, at close of business on 27 November 2009.

For further information, please contact:
C Robin Woodbine Parish: Chairman
El Oro Ltd.
Tel: [phone]

NAV announcement - 30 September 2009 | Announced - 8 December 2009

El Oro Ltd. ('the Company') Registration No: 49778 of 22 Smith Street, ST Peter Port,
Guernsey, GY1 2JQ Channel Islands.

Immediate Announcement:
Net Asset Value
Valuation date 30 September 2009
Currency GBP
NAV 600.5 pence

For further information, please contact:
C Robin Woodbine Parish: Chairman
El Oro Ltd.
Tel: [phone]

Final Results - 30 June 2009 | Announced - 21 December 2009

El Oro Ltd announces its final results for the year ended 30 June 2009.

Extracts from the final results are set out below.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd
Tel: [phone]

NAV announcement - 31 October 2009 | Announced - 22 December 2009

El Oro Ltd. ('the Company') Registration No: 49778 of 22 Smith Street, St Peter Port,
Guernsey, GY1 2JQ Channel Islands.

Immediate Announcement:
Net Asset Value
Valuation date 31 October 2009
Currency GBP
NAV 608.2 pence

Update:
The initial NAV released for 30 June 2009 was shown based upon the information available to the Company at that point in time. It has subsequently come to light that the Company's initial tax advice on the creation of a provision for tax on unrealised losses was incorrect; the correction in the annual accounts resulted in an NAV as at 30 June 2009 of 480.8 pence.

For further information, please contact:
C Robin Woodbine Parish: Chairman
El Oro Ltd.
Tel: [phone]

NAV update - 30 June 2009 | Announced - 22 December 2009

The Board of Directors would like to advise that the initial NAV released for 30 June 2009 was shown based upon the information available to the Company at that point in time. It has subsequently come to light that the Company's initial tax advice on the creation of a provision for tax on unrealised losses was incorrect; the correction in the annual accounts resulted in an NAV as at 30 June 2009 of 480.8 pence.

For further information, please contact:
C Robin Woodbine Parish: Chairman
El Oro Ltd.
Tel: [phone]

NAV announcement - 30 November 2009 | Announced - 23 December 2009

El Oro Ltd. ('the Company') Registration No: 49778 of 22 Smith Street, St Peter Port,
Guernsey, GY1 2JQ Channel Islands.

Immediate Announcement:
Net Asset Value
Valuation date 30 November 2009
Currency GBP
NAV 632.3 pence

For further information, please contact:
C Robin Woodbine Parish: Chairman
El Oro Ltd.
Tel: [phone]

NAV announcement - 31 December 2009

El Oro Ltd. ('the Company') Registration No: 49778 of 22 Smith Street, St Peter Port,
Guernsey, GY1 2JQ Channel Islands.

Immediate Announcement:
Net Asset Value
Valuation date 31 December 2009
Currency GBP
NAV 646.5 pence

For further information, please contact:
C Robin Woodbine Parish: Chairman
El Oro Ltd.
Tel: [phone]

Annual Report at 30 June 2009 | Announced - 31 December 2009

The Directors are pleased to announce the audited Financial Statements for the year ended 30 June 2009 for the Company.

The audited Financial Statements for the Company are attached to this announcement.

For further information, please contact:
C Robin Woodbine Parish: Chairman
El Oro Ltd.
Tel: [phone]

Admission to Official List - Amendment | Announced - 13 January 2010

This amends the announcement released on 19 March 2009 at 08:00.

The number of shares admitted to listing should have read 10,776,501 and not 10,766,501 as previously stated. The full wording of the corrected announcement is given below:

Notice of Admission to Official List

The following securities have been admitted to the Official List of the Channel Islands Stock Exchange with effect from the time and date of this notice.

The listing of the following securities takes effect from 19 March 2009 at 08:00.

El Oro Ltd
10,776,501 ordinary no par value shares
ISIN - GG00B3L9RC72

Director PDMR Shareholding | Announced - 28 January 2010

The Company has been informed of the following transactions in its ordinary shares by Directors of the Company and a subsidiary company (El Oro and Exploration Company Limited) over the period 21 to 24 December 2009 as follows:

Mrs EW Houston, a non-executive Director of the Company, transferred 14,451 ordinary shares in the Company at £4.05 per share. This transfer comprised 7,225 ordinary shares received to her husband's account, with a further 7,226 ordinary shares received on behalf of a trust account of her children (three of whom are minors) and of which, Mrs. EW Houston and Mr CRW Parish are trustees.

Mr CRW Parish, an executive director of the Company, received 1,000 ordinary shares in the Company (500 at £4.30 per share and a further 500 at £4.50 per share). This transfer comprised 1,000 ordinary shares received on behalf of a trust account of his niece (who is a minor) and of which Mr CRW Parish is a trustee.

Mr CRW Parish, an executive director of the Company, bought 296 ordinary shares in the Company at £4.05 per share on his own (ISA) account.

Following these transactions:
Mrs EW Houston has a beneficial holding in the Company, following the notification of these transactions, of 1,076,572 representing 9.99% of the Company together with a non-beneficial holding of 685,908 ordinary shares representing 6.36% of the Company. This represents an interest of 16.35% in the total voting rights of the Company.

Mr CRW Parish has a beneficial holding in the Company, following the notification of these transactions, of 1,056,512 ordinary shares representing 9.80% of the Company together with a non-beneficial holding of 1,801,534 ordinary shares representing 16.72% of the Company. This represents an interest of 26.52% in the total voting rights of the Company.

For further information, please contact:
C Robin Woodbine Parish
Chairman
El Oro Ltd
Tel: [phone]

S McKeane
El Oro Ltd
Tel: [phone]

NAV announcement - 31 January 2010

El Oro Ltd. ('the Company') Registration No: 49778 of 22 Smith Street, St Peter Port,
Guernsey, GY1 2JQ Channel Islands.

Immediate Announcement:
Net Asset Value
Valuation date 31 January 2010
Currency GBP
NAV 622.3 pence

For further information, please contact:
C Robin Woodbine Parish: Chairman
El Oro Ltd.
Tel: [phone]

AGM Statement on resolutions passed | Announced - 18 Febuary 2010

At the Annual General Meeting of El Oro Ltd. held on 21 January 2010 the following resolutions were approved and agreed:

(a) To receive and approve the Directors' report and financial statements for the year ended June 30, 2009 by unanimous agreement to the voting shareholders;

(b) To reappoint PricewaterhouseCoopers CI LLP of National Westminster House, Le Truchot, St Peter Port, Guernsey as auditor of the Company, to hold office until the conclusion of the next General Meeting at which accounts are laid before the Company and to authorise the Directors to fix their remuneration. This was agreed unanimously by the shareholders voting.

(c) To amend the Company's Article 13.1

• (i) FROM:
• 13. GENERAL MEETINGS
  13.1 The first general meeting (being an annual general meeting) of the Company shall be held within such time as may be required by the Laws and therefore, general meetings (which are annual general meetings) shall be held at least once in each subsequent calendar year. All general meetings (other than annual general meetings) shall be called extraordinary general meetings. General meetings shall be held in Guernsey or such other place outside the United Kingdom as may be determined by the Directors from time to time. This resolution was agreed unanimously by all voting shareholders.
• (ii) TO:
• 13. GENERAL MEETINGS
  13.1 The first general meeting (being an annual general meeting) of the Company shall be held within such time as may be required by the Laws and therefore, general meetings (which are annual general meetings) shall be held at least once in each subsequent calendar year. All general meetings (other than annual general meetings) shall be called extraordinary general meetings. General meetings shall be held in such place as may be determined by the Directors from time to time.

(d) To authorise the Company generally and unconditionally to make market purchases within the meaning of Section 315 of the Companies (Guernsey) Law 2008, the authority for market acquisitions set forth in Article 4.7 of the Company's Articles of Incorporation be approved and restated on the basis that of its Ordinary Shares in the capital of the Company ('Shares') upon or subject to the following conditions:

• (i) the maximum number of Shares hereby authorised to be purchased is 1,077,650;

  (ii) the maximum price at which Shares may be purchased shall be 5% above the average of the middle market quotations for the Shares as taken from the Channel Islands Stock Exchange Daily Official List for the five business days preceding the date of purchase and the minimum price shall be 5 pence per share, in both cases exclusive of expenses; and

  (ii) the authority to purchase conferred by this Resolution shall expire on the date falling eighteen months after the date of this resolution or at the conclusion of the next Annual General Meeting of the Company after the passing of this Resolution, save that the Company may before such expiry enter into a contract of purchase under which such contract may be completed or executed wholly or partly after the expiration of this authority.

Date: 17 February 2010

Interim Dividend to 30 June 2010 | Announced - 23 February 2010

On 18 February 2010, the Directors of El Oro Ltd declared a first interim dividend of 12.0 pence per share for the year-ended 30 June 2010.

This cash dividend is payable on 31 March 2010 to shareholders on the Register, at close of business on 5 March 2010.

For further information, please contact:
C Robin Woodbine Parish: Chairman
El Oro Ltd.
Tel: [phone]

NAV announcement - 28 February 2010

El Oro Ltd. ('the Company') Registration No: 49778 of 22 Smith Street, St Peter Port,
Guernsey, GY1 2JQ Channel Islands.

Immediate Announcement:
Net Asset Value
Valuation date 28 February 2010
Currency GBP
NAV 646.1 pence

For further information, please contact:
C Robin Woodbine Parish: Chairman
El Oro Ltd.
Tel: [phone]

Interim Results - 31 December 2009 | Announced - 23 March 2010

El Oro Ltd announces its interim results for the six months ended 31 December 2009.

Extracts from the interim results are set out below.

For further information, please contact:
C Robin Woodbine Parish: Chairman
Steven McKeane
El Oro Ltd
Tel: [phone]