European Goldfields Limited - 2006 results & webcast - 22 March 2007



    WHITEHORSE, YT, March 14 /CNW Telbec/ - European Goldfields Limited
(AIM: EGU / TSX: EGU) announces that it will publish its results for the year
ended 31 December 2006 on Thursday, 22 March 2007.
    European Goldfields will host a conference call on Thursday, 22 March
2007 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 (toll free): 1-800-731-5319
    From the U.K. & France (toll free): 00-800-0000-2288
    From Austria, Belgium, Denmark, Germany, Ireland, Iceland, Netherlands,
    Norway, Sweden, Switzerland and Italy: (toll free): 00-800-0022-8228
    
    A live audio webcast of the call will be available on:  
http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=1758240
    
    For those unable to join the live conference call, a replay will be
available until Thursday, 29 March 2007 at midnight by dialing (toll free)
1-877-289-8525 or 1-416-640-1917, Passcode 21221811#.
    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.

    About European Goldfields

    European Goldfields 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 65% interest in Hellas Gold S.A.
Hellas Gold owns three major gold and base metal deposits in Northern Greece.
The deposits are the polymetallic projects of Stratoni and Olympias which
contain gold, zinc, lead and silver, and the Skouries copper/gold porphyry
body. Hellas Gold commenced production at Stratoni in September 2005 and
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 feasibility study to
the Romanian government, in support of a permit application to develop the
project.




For further information:

For further information: European Goldfields: David Reading, Chief
Executive Officer, +44 (0) 20 7408 9534, info@egoldfields.com,
www.egoldfields.com; Buchanan Communications: Bobby Morse or Ben Willey, +44
(0) 20 7466 5000, bobbym@buchanan.uk.com; Renmark Financial Communication:
Neil G. Murray-Lyon, nmurraylyon@renmarkfinancial.com; Barbara Komorowski,
bkomorowski@renmarkfinancial.com; Media - Eva Jura,
ejura@renmarkfinancial.com, +1 514 939 3989, Fax: +1 514 939 3717,
www.renmarkfinancial.com

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EUROPEAN GOLDFIELDS LTD.

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