SOURCE: European Goldfields Ltd

September 09, 2010 06:42 ET

European Goldfields - DIRECTORS DEALINGS

WHITEHORSE, YUKON--(Marketwire - September 9, 2010) -



For Immediate Release

9 September 2010

European Goldfields Limited

DIRECTORS DEALINGS

9 September 2010 - European Goldfields Limited (TSX / AIM: EGU)
("European Goldfields" or the "Company") reports that a company
beneficially owned by Mrs. Alfred Vinton the wife of Mr. Alfred Vinton,
a Non-Executive Director of the Company, has purchased 48,900 shares in
European Goldfields broken down as follows:


7 September 2010: 40,000 shares at an average price of C$9.9999

8 September 2010: 8,900 shares at an average price of C$9.9999

Mr. Vinton, via Mrs. Vinton's holdings now has an indirect interest in
the Company of 48,900 ordinary shares or 0.03% of the Company's current
issued share capital.


The Company was notified of the share purchase on 8 September 2010.


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. 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 website at
www.egoldfields.com


For further information please contact:


European Goldfields                       Liberum Capital Limited
Steve Sharpe, VP Business Development     Simon Atkinson
e-mail: info@egoldfields.com              Tom Fyson
Tel: +44 (0)20 7408 9534                  Tel: +44 (0)20 3100 2000


Buchanan Communications                   Evolution Securities Limited
Bobby Morse / Katharine Sutton            Rob Collins
e-mail: bobbym@buchanan.uk.com            Tim Redfern
Tel: +44 (0)20 7466 5000                  Tel: +44 (0) 20 7071 4300

                    This information is provided by RNS
          The company news service from the London Stock Exchange

END

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