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EUROPEAN GOLDFIELDS LTD. News

European Goldfields Limited - 2007 results conference call & webcast

WHITEHORSE, YT, March 12 PRNewswire-FirstCall - European Goldfields Limited (AIM: EGU / TSX: EGU) announces that it will publish its results for the year ended 31 December 2007 on Wednesday 19 March 2008.

European Goldfields will host a conference call on Wednesday 19 March 2008 at 10:00 a.m. ET / 2:00 pm (London, UK time) to update investors and analysts on its results.

Participants may join the call by dialing one of the three following numbers, approximately 10 minutes before the start of the call.

From North America: (Local) 416-644-3416 or (toll free): 1-800-732-9307 From the UK, Austria, Belgium, Denmark, France, Germany, Ireland, Italy, Netherlands, Norway, Sweden & Switzerland (toll free): 00-800-2288-3501 A live audio Webcast of the call will be available on: http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=2190100

For those unable to join the live conference call, a replay will be available until 26 March 2008 at midnight by dialing (toll free) 1-877-289-8525 or 1-416-640-1917, Passcode 21264921#.

David Reading, Chief Executive Officer, will lead the discussion and will be accompanied by Tim Morgan-Wynne, Chief Financial Officer. The discussion will be followed by a question and answer period.

SOURCE EUROPEAN GOLDFIELDS LTD.

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