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: 020 7581 2782

Dexion Capital (Guernsey) Limited
Gillian Newton
Tel: 01481 732814

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