RNS Number:1427I
European Goldfields Ltd
21 November 2007







For Immediate Release                                           21 November 2007

                          European Goldfields Limited

                          Change of Nominated Advisor

21 November 2007 - European Goldfields Limited (TSX / AIM: EGU) announces that
it has appointed with immediate effect RBC Capital Markets as its Nominated
Adviser and Broker under the AIM Rules of the London Stock Exchange.

About European Goldfields
European Goldfields Limited is a resource company involved in the acquisition,
exploration and development of mineral properties in Greece, Romania and
South-East Europe.

Greece - European Goldfields holds a 95% interest in Hellas Gold S.A. Hellas
Gold owns three major gold and base metal deposits in Northern Greece. The
deposits are the polymetallic operation at Stratoni, the Olympias project which
contains gold, zinc, lead and silver, and the Skouries copper/gold porphyry
project. Hellas Gold commenced production at Stratoni in September 2005 and
commenced selling an existing stockpile of Olympias gold concentrates in July
2006. Hellas Gold is applying for permits to develop the Skouries and Olympias
projects.

Romania - European Goldfields owns 80% of the Certej gold/silver project in
Romania. European Goldfields submitted in March 2007 a technical feasibility
study to the Romanian government, in support of a permit application to develop
the project.

For further information please contact:
European Goldfields:                     e-mail: info@egoldfields.com
David Reading, Chief Executive Officer   Tel: +44 (0)20 7408 9534

Buchanan Communications:                 e-mail: bobbym@buchanan.uk.com
Bobby Morse / Ben Willey                 Tel: +44 (0)20 7466 5000

Renmark Financial Communication:         e-mail: tcameron@renmarkfinancial.com
Tina Cameron                             Tel: +1 514 939 3989

RBC Capital Markets:                     e-mail: andrew.smith@rbccm.com
Andrew K Smith / Johanna Virtanen        Tel: +44 (0)20 7029 7882




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

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