European Goldfields Limited - Annual and Special Meeting of shareholders

WHITEHORSE, April 19 /CNW/ - European Goldfields Limited (TSX/AIM: EGU) ("European Goldfields" or the "Company") today announces the Annual and Special Meeting of shareholders will be held at the offices of Hellas Gold SA ("Hellas Gold"), 25 Ermou str., GR 145 64 Kifissia, Greece on Wednesday, 12 May 2010 at 2:00 p.m. (Athens time).

The Company also confirms that the annual report and accounts for the year ended 31 December 2009 has been posted to shareholders and is available from the Company's website www.egoldfields.com.

About European Goldfields

European Goldfields is a developer-producer with globally significant gold reserves located within the European Union. The Company generates cash flow from its 95%-owned Stratoni operation, a high grade lead/zinc/silver mine in North-Eastern Greece and the sale of gold concentrates from Olympias. European Goldfields will evolve into a mid-tier producer through responsible development of its project pipeline of gold and base metal deposits at Skouries and Olympias in Greece and Certej in Romania. The Company plans future growth through development of its highly prospective exploration portfolio in Greece, Romania and Turkey.

For further information please see the Company's new website at www.egoldfields.com

For further information: European Goldfields: Sally Schofield, VP Investor Relations, e-mail: [email protected], Tel: [phone]; Buchanan Communications: Bobby Morse/Katharine Sutton/James Strong, e-mail: [email protected], Tel: [phone]; RBC Capital Markets: Josh Critchley, e-mail: [email protected], Matthew Coakes, e-mail: [email protected], Tel: [phone]