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<A NAME=A001></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>SECURITIES AND
EXCHANGE COMMISSION<BR> </FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=2>WASHINGTON, D.C. 20549 </FONT></H1>

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<A NAME=A003></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=4>FORM S-8 </FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=2>REGISTRATION STATEMENT <BR>
UNDER THE SECURITIES ACT OF 1933 </FONT></H1>
<BR>


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<A NAME=A006></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=4>ELDORADO GOLD
CORPORATION </FONT></H1>
<BR>




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<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Canada Business Corporations Act</B><BR>
(State or other jurisdiction of Incorporation<BR>
or organization) </FONT></TD>
<TD WIDTH=50% align=center>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Not Applicable</B><BR>
(I.R.S. Employer Identification No.) </FONT>
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<A NAME=A007></A>
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<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>920 &#150; 1055 West Hastings Street,<BR>
Vancouver, British Columbia <BR>
Canada V6E 2E9 </B><BR>
Address of Principal Executive Offices </FONT></P>



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<A NAME=A009></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
INCENTIVE STOCK OPTION PLAN<BR>
OF ELDORADO GOLD CORPORATION<BR>
OFFICERS &amp; DIRECTORS </FONT></H1>

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<P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
(Full titles of the plans) </FONT></P>

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<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>CT Corporation <BR>
111 Eighth Avenue, 13 Floor<BR>
New York, NY 10011; Telephone: (212) 894-8940 </B><BR>
(Telephone number, including area code, of agent for service)</FONT></p><BR>

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<A NAME=A011></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CALCULATION OF
REGISTRATION FEE </FONT></H1>




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<TR>
     <TD COLSPAN=10><HR NOSHADE COLOR=Black SIZE=1></TD></TR>
<TR VALIGN=Bottom>
     <TH COLSPAN=2 align=left>
<FONT FACE="Times New Roman, Times, Serif" SIZE="1">Title of Each Class of<BR>
Securities to be Registered<SUP>(1)</SUP> </FONT></TH>
     <TH COLSPAN=2><FONT FACE="Times New Roman, Times, Serif" SIZE=1>
Amount to<BR>
be Registered</FONT></TH>
     <TH COLSPAN=2><FONT FACE="Times New Roman, Times, Serif" SIZE=1>
Proposed Maximum Offering<BR>
Price Per Share</FONT></TH>
     <TH COLSPAN=2><FONT FACE="Times New Roman, Times, Serif" SIZE=1>
Proposed Maximum Aggregate<BR>
Offering Price</FONT></TH>
     <TH COLSPAN=2><FONT FACE="Times New Roman, Times, Serif" SIZE=1>
Amount of <BR>
Registration Fee</FONT></TH></TR>
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     <TD COLSPAN=10><HR NOSHADE COLOR=Black SIZE=1></TD></TR>
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     <TD WIDTH=20% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Common Shares subject to</FONT></TD>
     <TD WIDTH=3% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=17% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=1% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=26% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=1% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=17% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=1% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=15% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=2% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>outstanding options under the</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>D &amp; O Stock Option Plan</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>2,820,000</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="1">US$0.75<SUP>(2)(4)</SUP> </FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>US$2,115,000</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>US$   171.11</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR>
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     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Common Shares not subject to</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>outstanding options under the</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>D &amp; O Stock Option Plan</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>3,950,000</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="1">US$1.86<SUP>(3)(4)</SUP> </FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>US$7,347,000</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>US$   594.38</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR>
     <TD COLSPAN=10><HR NOSHADE COLOR=Black SIZE=1></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><B>Total Common Shares</B> </FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><B>6,770,000</B> </FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1></FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><B>US$9,462,000</B> </FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><B>US$ 765.49</B> </FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
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<TD ALIGN=LEFT WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><SUP>(1)</SUP> </FONT> </TD>
<TD WIDTH=97%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Common
Shares, without par value, offered by the Company pursuant to the Plans
          described herein.   </FONT></P></TD>
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<TD ALIGN=LEFT WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><SUP>(2)</SUP> </FONT></TD>
<TD WIDTH=97%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>
Based on the weighted average exercise price of options
          granted under the Incentive Stock Option Plan of Eldorado Gold
Corporation Officers &amp; Directors outstanding as of the date of the filing of this
registration statement.  </FONT></P></TD>
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          <TD ALIGN=LEFT WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><SUP>(3)</SUP> </FONT> </TD>
          <TD WIDTH=97%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>
          The proposed maximum offering price per share and the registration fee were
          calculated in accordance with rule 457(c) and (h) based on the average high and
          low prices for the Registrant&#146;s common shares on July 11, 2003, as quoted
          on the Toronto Stock Exchange, which was US$1.86 per share. </FONT></P></TD>
          </TR>
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          <TD ALIGN=LEFT WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><SUP>(4)</SUP> </FONT> </TD>
          <TD WIDTH=97%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>
          U.S. dollar amounts are calculated based on the noon buying rate in New York
          City for cable transfers payable in Canadian dollars as certified for customs
          purposes by the Federal Reserve Bank of New York on July 11, 2003. On such date
          the noon buying rate was Cdn.$ 1.00=US$1.3762. </FONT></P></TD>
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          <BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>This registration statement on Form
S-8 registers 6,770,000 common shares of Eldorado Gold Corporation (the
&#147;Registrant&#148;) to be issued pursuant to the exercise of options or rights granted
under the Incentive Stock Option Plan of Eldorado Gold Corporation Officers &amp;
Directors. </FONT></P>

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<A NAME=A012></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PART II. INFORMATION
REQUIRED IN THE REGISTRATION STATEMENT </FONT></H1>

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<A NAME=A013></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 3. Incorporation of Documents
by Reference. </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The documents listed in (a) through
(c) below are incorporated by reference in this registration statement. </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
          The Registrant&#146;s registration statement on Form 40-F filed, pursuant to
          Section 12(b) of the Securities Exchange Act of 1934, on October 31, 2002, as
          amended on December 27, 2002. </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
          The Registrant&#146;s annual report on Form 40-F filed on May 20, 2003 and
          current report on Form 6-K filed on May 20, 2003. </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
          The description of the Registrant&#146;s securities contained in the
          Registrant&#146;s Registration Statement on Form 8-A filed with the Securities
          and Exchange Commission on January 10, 2003, including any amendment or report
          filed for the purpose of updating such description. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>All documents filed by the Registrant
pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act after the date hereof
and prior to the filing of a post-effective amendment which indicates that all securities
offered have been sold or which deregisters all securities then remaining unsold shall be
deemed to be incorporated by reference herein and to be a part hereof from the date of
filing of such documents. </FONT></P>

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<A NAME=A014></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 4. Description of
Securities. </FONT></H1>

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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Not Applicable </FONT></P>

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<A NAME=A016></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 5. Interests of
Named Experts and Counsel. </FONT></H1>

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<A NAME=A017></A>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>None </FONT></P>

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<A NAME=A018></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 6. Indemnification
of Directors and Officers. </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Bylaw No. 1 of the Registrant
provides that, subject to the provisions of the Canada Business Corporations Act, the
Registrant shall indemnify each director or officer or former director or officer of the
Registrant and each other individual who acts or has acted at the Registrant&#146;s
request as a director or officer, or in a similar capacity, of another entity, and each
such individual&#146;s respective heirs and personal representatives (each, a
&#147;Qualified Person&#148;), against all costs, charges and expenses, including an
amount paid to settle an action or satisfy a judgment, reasonably incurred by the
individual in a civil, criminal, administrative, investigative or other proceeding the
individual is involved because of that association with the Registrant or other entity,
<I>provided that</I>: </FONT></P>

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                    <TD ALIGN=RIGHT WIDTH=6%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(a) </FONT></TD>
                    <TD ALIGN=LEFT WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
                    <TD WIDTH=91%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
                    the individual acted honestly and in good faith with a view to the best
                    interests of the Registrant or other entity; and </FONT></P></TD>
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                    <BR>

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                    <TD ALIGN=RIGHT WIDTH=6%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(b) </FONT></TD>
                    <TD ALIGN=LEFT WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
                    <TD WIDTH=91%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
                    in the case of a criminal or administrative action or proceeding that is
                    enforced by monetary penalty, the individual had reasonable grounds for
                    believing the conduct was lawful. </FONT></P></TD>
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                    <BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Canada Business Corporations Act
has similar indemnification provisions as provided under Bylaw No. 1 of the Registrant,
and expressly provides that each director or officer or former director or officer of the
Registrant or another individual who acts or has acted at the Registrant&#146;s request in
a similar capacity of another entity (each, a &#147;Specified Qualified Person&#148;) is
entitled to indemnity from the Registrant in respect to all costs, charges and expenses
reasonably incurred by such individual in connection with the defense of any civil,
criminal, administrative, investigative or other proceeding to which the individual is
subject because of the individual&#146;s association with the Registrant or other entity,
if he or she (i) satisfies the requirements of (a) and (b) above and (ii) </FONT></P>
<BR><BR>



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<P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>II-2 </FONT></P>
<BR><BR>









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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>was not judged by the court or other
competent authority to have committed any fault or omitted to do anything that the
individual ought to have done. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Canada Business Corporations Act
provides that the Registrant with court approval may indemnify a Specified Qualified
Person in respect of all costs, charges and expenses reasonably incurred by such
individual in a derivative action (an action by or on behalf of the Registrant or other
entity to procure judgment in its favor) to which the individual is subject because of the
individual&#146;s association with the Registrant or other entity if he or she satisfies
the requirements of (a) and (b) above. A similar provision is included in By Law No. 1 of
the Registrant in respect of Qualified Persons. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Bylaw No. 1 of the Registrant also
provides that the Registrant may advance monies to a Qualified Person for costs, charges
and expenses in a civil, criminal, administrative, investigative or other proceeding the
individual was involved because of his or her association with the Registrant or other
entity. The Canada Business Corporations Act also provides that the Registrant may advance
moneys to a Specified Qualified Person for the costs, charges and expenses reasonably
incurred by him or her in connection with a civil, criminal, administrative, investigative
or other proceeding to which he or she is subject to because of the individual&#146;s
association with the Registration or other entity; <I>provided however</I> he or she shall
repay such monies if: </FONT></P>

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<TD ALIGN=RIGHT WIDTH=6%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD ALIGN=LEFT WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=91%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>the
individual failed to act honestly and in good faith with a view to the best interests of
the Registrant or other entity; or  </FONT></P></TD>
</TR>
</TABLE>
<BR>

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<TD ALIGN=RIGHT WIDTH=6%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD ALIGN=LEFT WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=91%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>in
the case of a criminal or administrative action or proceeding that is enforced by
monetary penalty, the individual did not have reasonable grounds for believing the
conduct was lawful.  </FONT></P></TD>
</TR>
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<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Registrant maintains
Directors&#146; and Officers&#146; Liability Insurance for its Directors. </FONT></P>

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<A NAME=A019></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 7. Exemption from
Registration Claimed. </FONT></H1>

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<A NAME=A020></A>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Not Applicable </FONT></P>

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<A NAME=A021></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 8. Exhibits. </FONT></H1>



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<TR VALIGN=Bottom>
     <TH COLSPAN=2>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2">Exhibit <U>Number</U> </FONT></TH>
     <TH COLSPAN=2 align=left>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>Exhibit</U> </FONT></TH></TR>

<TR VALIGN=Bottom>
     <TH COLSPAN=4><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;</FONT></TH></TR>

<TR VALIGN=Bottom>
     <TD WIDTH=4% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4</FONT></TD>
        <TD WIDTH=6% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>.1</FONT></TD>
     <TD WIDTH=88% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Incentive Stock Option Plan of Eldorado Gold Corporation Officers &amp; Directors</FONT></TD>
     <TD WIDTH=2% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TH COLSPAN=4><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;</FONT></TH></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>.1</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Opinion of Fasken Martineau DuMoulin LLP</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TH COLSPAN=4><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;</FONT></TH></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>23</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>.1</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Consent of PricewaterhouseCoopers LLP</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TH COLSPAN=4><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;</FONT></TH></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>24</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>.1</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Power of Attorney (See page II-5 of this registration statement)</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
</TABLE>
<BR>


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<A NAME=A022></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 9. Undertakings. </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The undersigned Registrant hereby undertakes:  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
 To file, during any period in which offers or sales are being made, a
          post-effective amendment to this registration statement:  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
include any prospectus required by Section 10(a)(3) of the Securities  Act;</FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
reflect in the prospectus any facts or events arising after the effective           date
of the registration statement (or the most recent post-effective amendment
          thereof) which, individually or in the aggregate, represent a fundamental
change           in the information set forth in the registration statement.
Notwithstanding the           foregoing, any increase or decrease in volume of securities
offered (if the           total dollar value of securities offered would not exceed that
which was           registered) and any deviation from the low or high and of the
estimated maximum           offering range may be reflected in the form of prospectus
filed with the           Commission pursuant to Rule 424(b) if, in the aggregate, the
change in volume           and price represents no more than 20% change in the  </FONT></P>
<BR><BR>









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<P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>II-3 </FONT></P>
<BR><BR>










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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>maximum  aggregate  offering price
set forth in the  "Calculation  of  Registration  Fee" table in the effective
registration statement; </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
include any material information with respect to the plan of distribution not
          previously disclosed in the registration statement or any material change to
          such information in the registration statement;  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>provided, however,</I> that
paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the registration statement is on Form
S-3, Form S-8, or Form F-3 and the information required to be included in a post-effective
amendment by those paragraphs is contained in periodic reports filed with or furnished to
the Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange
Act that are incorporated by reference in this registration statement. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;That
for the purpose of determining any liability under the Securities Act, each
          such post-effective amendment shall be deemed to be a new registration
statement           relating to the securities offered therein, and the offering of such
securities           at that time shall be deemed to be the initial <I>bona fide </I>offering
          thereof.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
remove from registration by means of a post-effective amendment any of the
          securities being registered which remain unsold at the termination of the
          offering.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
undersigned Registrant hereby undertakes that, for purposes of determining           any
liability under the Securities Act, each filing of the Registrant&#146;s           annual
report pursuant to Section 13(a) or Section 15(d) of the Exchange Act,           (and,
where applicable, each filing of an employee benefit plan&#146;s annual           report
pursuant to section 15(d) of the Exchange Act) that is incorporated by
          reference in the registration statement shall be deemed to be a new
registration           statement relating to the securities offered therein, and the
offering of such           securities at that time shall be deemed to be the initial <I>bona
fide </I>offering thereof.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insofar
as indemnification for liabilities arising under the Securities Act may           be
permitted to directors, officers and controlling persons of the Registrant
          pursuant to the foregoing provisions, or otherwise, the Registrant has been
          advised that in the opinion of the Securities and Exchange Commission such
          indemnification is against public policy as expressed in the Securities Act and
          is, therefore, unenforceable. In the event that a claim for indemnification
          against such liabilities (other than the payment by the Registrant of expenses
          incurred or paid by a director, officer or controlling person of the Registrant
          in the successful defense of any action, suit or proceeding) is asserted by
such           director, officer or controlling person in connection with the securities
being           registered, the Registrant will, unless in the opinion of its counsel the
matter           has been settled by controlling precedent, submit to a court of
appropriate           jurisdiction the question of whether such indemnification by it is
against           public policy as expressed in the Act and will be governed by the final
          adjudication of such issue.  </FONT></P>
<BR><BR>









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<P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>II-4 </FONT></P>
<BR><BR>














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<A NAME=A024></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SIGNATURES </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>The
Registrant</U>. Pursuant to the requirements of the Securities Act of 1933, the Registrant
certifies that it has reasonable grounds to believe that it meets all of the requirements
for filing on Form S-8 and has duly caused this registration statement to be signed on its
behalf by the undersigned, thereunto duly authorized, in the City of Vancouver, Province
of British Columbia, on this 14th day of July 2003. </FONT></P>


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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=50%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=50%>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2">ELDORADO GOLD CORPORATION<BR>
<BR>
<BR>

<U>/s/ Paul N. Wright&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
Name:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Paul N. Wright<BR>
Title:&nbsp;&nbsp;&nbsp;&nbsp;President and Chief Executive Officer </FONT>
</TD>
</TR>
</TABLE>
<BR>
<BR>
<BR><BR><BR>







<!-- MARKER FORMAT-SHEET="Para Default" FSL="Default" -->
<P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>II-5 </FONT></P>
<BR><BR>












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<BR><BR>









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<A NAME=A025></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>POWER OF ATTORNEY </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
person whose signature appears below constitutes and appoints Paul N. Wright and Earl W.
Price, his attorney-in-fact, with the power of substitution, for them in any and all
capacities, to sign any amendments to this registration statement, and to file the same,
with exhibits thereto and other documents in connection therewith, with the Securities and
Exchange Commission, hereby ratifying and confirming all that said attorneys-in-fact, or
their substitute or substitutes, may do or cause to be done by virtue hereof. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to the requirements of the Securities Act of 1933, as amended, this registration statement
has been signed by the following persons in the capacities and on the date indicated. </FONT></P>

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 width=100%>
<TR valign=top>
     <TD width=35%>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B><U>Signature</U></B> </FONT> </TD>
     <TD width=35%>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B><U>Title</U></B> </FONT> </TD>
     <TD width=30%>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B><U>Date</U></B> </FONT> </TD>
</TR>

<TR valign=top>
     <TD colspan=3><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
</TR>

<TR valign=top>
     <TD width=35%>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>/s/ Paul N. Wright&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
Paul N. Wright </FONT></TD>
     <TD width=35%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">
President, Chief Executive Officer and Director <BR>
(Principal Executive Officer)</FONT></TD>
     <TD width=30%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">July 11, 2003</FONT></TD>
</TR>

<TR valign=top>
     <TD colspan=3><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
</TR>

<TR valign=top>
     <TD width=35%>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>/s/ Earl W. Price&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
 Earl W. Price</FONT></TD>
     <TD width=35%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">
Chief Financial Officer and Director<BR>
(Principal Financial Officer and Accounting<BR>
Officer)
</FONT></TD>
     <TD width=30%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">July 10, 2003</FONT></TD>
</TR>
<TR valign=top>
     <TD colspan=3><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
</TR>

<TR valign=top>
     <TD width=35%>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>/s/ Dawn L. Moss&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
Dawn L. Moss</FONT></TD>
     <TD width=35%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">
Secretary
</FONT></TD>
     <TD width=30%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">July 2, 2003</FONT></TD>
</TR>
<TR valign=top>
     <TD colspan=3><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
</TR>

<TR valign=top>
     <TD width=35%>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>/s/ Hugh C. Morris&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
Hugh C. Morris</FONT></TD>
     <TD width=35%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">
Director
</FONT></TD>
     <TD width=30%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">July 15, 2003</FONT></TD>
</TR>
<TR valign=top>
     <TD colspan=3><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
</TR>

<TR valign=top>
     <TD width=35%>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2">
<U>/s/ Joseph F. Conway
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
Joseph F. Conway</FONT></TD>
     <TD width=35%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">
Director
</FONT></TD>
     <TD width=30%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">July 11, 2003</FONT></TD>
</TR>
<TR valign=top>
     <TD colspan=3><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
</TR>

<TR valign=top>
     <TD width=35%>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>/s/ Wayne D. Lenton&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
Wayne D. Lenton</FONT></TD>
     <TD width=35%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">
Director<BR>
(Authorized U.S. Representative)
</FONT></TD>
     <TD width=30%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">July 15, 2003</FONT></TD>
</TR>
<TR valign=top>
     <TD colspan=3><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
</TR>

<TR valign=top>
     <TD width=35%>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>/s/&nbsp;John S. Auston&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
John S. Auston</FONT></TD>
     <TD width=35%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">
Director
</FONT></TD>
     <TD width=30%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">July 15, 2003</FONT></TD>
</TR>
<TR valign=top>
     <TD colspan=3><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
</TR>



<TR valign=top>
     <TD width=35%>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>/s/&nbsp;K. Ross Cory&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
K. Ross Cory</FONT></TD>
     <TD width=35%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">
Director
</FONT></TD>
     <TD width=30%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">July 9, 2003</FONT></TD>
</TR>
<TR valign=top>
     <TD colspan=3><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
</TR>


<TR valign=top>
     <TD width=35%>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>/s/&nbsp;Robert Gilmore&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
Robert Gilmore</FONT></TD>
     <TD width=35%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">
Director
</FONT></TD>
     <TD width=30%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">July 14, 2003</FONT></TD>
</TR>
<TR valign=top>
     <TD colspan=3><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
</TR>
</TABLE>
<BR><BR>



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<P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>II-6 </FONT></P>
<BR><BR>



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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B><U>EXHIBIT INDEX</U></B> </FONT> </P>
<BR><BR>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 ALIGN=Center WIDTH=650>
<TR VALIGN=Bottom>
     <TH COLSPAN=2>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2">Exhibit <U>Number</U> </FONT></TH>
     <TH COLSPAN=2 align=left>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>Exhibit</U> </FONT></TH></TR>

<TR VALIGN=Bottom>
     <TH COLSPAN=4><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;</FONT></TH></TR>

<TR VALIGN=Bottom>
     <TD WIDTH=4% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4</FONT></TD>
        <TD WIDTH=6% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>.1</FONT></TD>
     <TD WIDTH=88% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Incentive Stock Option Plan of Eldorado Gold Corporation Officers &amp; Directors</FONT></TD>
     <TD WIDTH=2% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TH COLSPAN=4><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;</FONT></TH></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>.1</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Opinion of Fasken Martineau DuMoulin LLP</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TH COLSPAN=4><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;</FONT></TH></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>23</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>.1</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Consent of PricewaterhouseCoopers LLP</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TH COLSPAN=4><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;</FONT></TH></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>24</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>.1</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Power of Attorney (See page II-5 of this registration statement)</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
</TABLE>
<BR>
<BR><BR><BR><BR>




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<P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>II-7 </FONT></P>
<BR><BR>






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{"company-data": {"conformed-name": "ELDORADO GOLD CORP                                      /FI", "cik": "0000918608", "irs-number": "000000000"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-107138", "film-number": "03792106"}, "business-address": {"street1": "920 - 1055", "street2": "WEST HASTINGS STREET", "city": "VANCOUVER", "state": "A1", "zip": "V6E 2E9"}, "former-company": {"former-conformed-name": "ELDORADO CORP LTD                                       /FI", "date-changed": "19960701"}}
SECURITIES AND
EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933
ELDORADO GOLD
CORPORATION
Canada Business Corporations Act
(State or other jurisdiction of Incorporation
or organization)
Not Applicable
(I.R.S. Employer Identification No.)
920 – 1055 West Hastings Street,
Vancouver, British Columbia
Canada V6E 2E9
Address of Principal Executive Offices
INCENTIVE STOCK OPTION PLAN
OF ELDORADO GOLD CORPORATION
OFFICERS & DIRECTORS
(Full titles of the plans)
CT Corporation
111 Eighth Avenue, 13 Floor
New York, NY 10011; Telephone: (212) 894-8940
(Telephone number, including area code, of agent for service)
CALCULATION OF
REGISTRATION FEE
Title of Each Class of
Securities to be Registered
(1)
Amount to
be Registered
Proposed Maximum Offering
Price Per Share
Proposed Maximum Aggregate
Offering Price
Amount of
Registration Fee
Common Shares subject to
outstanding options under the
D & O Stock Option Plan
2,820,000
US$0.75
(2)(4)
US$2,115,000
US$   171.11
Common Shares not subject to
outstanding options under the
D & O Stock Option Plan
3,950,000
US$1.86
(3)(4)
US$7,347,000
US$   594.38
Total Common Shares
6,770,000
US$9,462,000
US$ 765.49
(1)
Common
Shares, without par value, offered by the Company pursuant to the Plans
          described herein.
(2)
Based on the weighted average exercise price of options
          granted under the Incentive Stock Option Plan of Eldorado Gold
Corporation Officers & Directors outstanding as of the date of the filing of this
registration statement.
(3)
The proposed maximum offering price per share and the registration fee were
          calculated in accordance with rule 457(c) and (h) based on the average high and
          low prices for the Registrant's common shares on July 11, 2003, as quoted
          on the Toronto Stock Exchange, which was US$1.86 per share.
(4)
U.S. dollar amounts are calculated based on the noon buying rate in New York
          City for cable transfers payable in Canadian dollars as certified for customs
          purposes by the Federal Reserve Bank of New York on July 11, 2003. On such date
          the noon buying rate was Cdn.$ 1.00=US$1.3762.
This registration statement on Form
S-8 registers 6,770,000 common shares of Eldorado Gold Corporation (the
"Registrant") to be issued pursuant to the exercise of options or rights granted
under the Incentive Stock Option Plan of Eldorado Gold Corporation Officers &
Directors.
PART II. INFORMATION
REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents
by Reference.
The documents listed in (a) through
(c) below are incorporated by reference in this registration statement.
(a)       
          The Registrant's registration statement on Form 40-F filed, pursuant to
          Section 12(b) of the Securities Exchange Act of 1934, on October 31, 2002, as
          amended on December 27, 2002.
(b)       
          The Registrant's annual report on Form 40-F filed on May 20, 2003 and
          current report on Form 6-K filed on May 20, 2003.
(c)       
          The description of the Registrant's securities contained in the
          Registrant's Registration Statement on Form 8-A filed with the Securities
          and Exchange Commission on January 10, 2003, including any amendment or report
          filed for the purpose of updating such description.
All documents filed by the Registrant
pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act after the date hereof
and prior to the filing of a post-effective amendment which indicates that all securities
offered have been sold or which deregisters all securities then remaining unsold shall be
deemed to be incorporated by reference herein and to be a part hereof from the date of
filing of such documents.
Item 4. Description of
Securities.
Not Applicable
Item 5. Interests of
Named Experts and Counsel.
None
Item 6. Indemnification
of Directors and Officers.
Bylaw No. 1 of the Registrant
provides that, subject to the provisions of the Canada Business Corporations Act, the
Registrant shall indemnify each director or officer or former director or officer of the
Registrant and each other individual who acts or has acted at the Registrant's
request as a director or officer, or in a similar capacity, of another entity, and each
such individual's respective heirs and personal representatives (each, a
"Qualified Person"), against all costs, charges and expenses, including an
amount paid to settle an action or satisfy a judgment, reasonably incurred by the
individual in a civil, criminal, administrative, investigative or other proceeding the
individual is involved because of that association with the Registrant or other entity,
provided that
:
(a)
the individual acted honestly and in good faith with a view to the best
                    interests of the Registrant or other entity; and
(b)
in the case of a criminal or administrative action or proceeding that is
                    enforced by monetary penalty, the individual had reasonable grounds for
                    believing the conduct was lawful.
The Canada Business Corporations Act
has similar indemnification provisions as provided under Bylaw No. 1 of the Registrant,
and expressly provides that each director or officer or former director or officer of the
Registrant or another individual who acts or has acted at the Registrant's request in
a similar capacity of another entity (each, a "Specified Qualified Person") is
entitled to indemnity from the Registrant in respect to all costs, charges and expenses
reasonably incurred by such individual in connection with the defense of any civil,
criminal, administrative, investigative or other proceeding to which the individual is
subject because of the individual's association with the Registrant or other entity,
if he or she (i) satisfies the requirements of (a) and (b) above and (ii)
II-2
was not judged by the court or other
competent authority to have committed any fault or omitted to do anything that the
individual ought to have done.
The Canada Business Corporations Act
provides that the Registrant with court approval may indemnify a Specified Qualified
Person in respect of all costs, charges and expenses reasonably incurred by such
individual in a derivative action (an action by or on behalf of the Registrant or other
entity to procure judgment in its favor) to which the individual is subject because of the
individual's association with the Registrant or other entity if he or she satisfies
the requirements of (a) and (b) above. A similar provision is included in By Law No. 1 of
the Registrant in respect of Qualified Persons.
Bylaw No. 1 of the Registrant also
provides that the Registrant may advance monies to a Qualified Person for costs, charges
and expenses in a civil, criminal, administrative, investigative or other proceeding the
individual was involved because of his or her association with the Registrant or other
entity. The Canada Business Corporations Act also provides that the Registrant may advance
moneys to a Specified Qualified Person for the costs, charges and expenses reasonably
incurred by him or her in connection with a civil, criminal, administrative, investigative
or other proceeding to which he or she is subject to because of the individual's
association with the Registration or other entity;
provided however
he or she shall
repay such monies if:
•
the
individual failed to act honestly and in good faith with a view to the best interests of
the Registrant or other entity; or
•
in
the case of a criminal or administrative action or proceeding that is enforced by
monetary penalty, the individual did not have reasonable grounds for believing the
conduct was lawful.
The Registrant maintains
Directors' and Officers' Liability Insurance for its Directors.
Item 7. Exemption from
Registration Claimed.
Not Applicable
Item 8. Exhibits.
Exhibit
Number
Exhibit
4
.1
Incentive Stock Option Plan of Eldorado Gold Corporation Officers & Directors
5
.1
Opinion of Fasken Martineau DuMoulin LLP
23
.1
Consent of PricewaterhouseCoopers LLP
24
.1
Power of Attorney (See page II-5 of this registration statement)
Item 9. Undertakings.
(a)
      The undersigned Registrant hereby undertakes:
(1)     
 To file, during any period in which offers or sales are being made, a
          post-effective amendment to this registration statement:
(i)     To
include any prospectus required by Section 10(a)(3) of the Securities  Act;
(ii)     To
reflect in the prospectus any facts or events arising after the effective           date
of the registration statement (or the most recent post-effective amendment
          thereof) which, individually or in the aggregate, represent a fundamental
change           in the information set forth in the registration statement.
Notwithstanding the           foregoing, any increase or decrease in volume of securities
offered (if the           total dollar value of securities offered would not exceed that
which was           registered) and any deviation from the low or high and of the
estimated maximum           offering range may be reflected in the form of prospectus
filed with the           Commission pursuant to Rule 424(b) if, in the aggregate, the
change in volume           and price represents no more than 20% change in the
II-3
maximum  aggregate  offering price
set forth in the  "Calculation  of  Registration  Fee" table in the effective
registration statement;
(iii)     To
include any material information with respect to the plan of distribution not
          previously disclosed in the registration statement or any material change to
          such information in the registration statement;
provided, however,
that
paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the registration statement is on Form
S-3, Form S-8, or Form F-3 and the information required to be included in a post-effective
amendment by those paragraphs is contained in periodic reports filed with or furnished to
the Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange
Act that are incorporated by reference in this registration statement.
(2)     That
for the purpose of determining any liability under the Securities Act, each
          such post-effective amendment shall be deemed to be a new registration
statement           relating to the securities offered therein, and the offering of such
securities           at that time shall be deemed to be the initial
bona fide
offering
          thereof.
(3)     To
remove from registration by means of a post-effective amendment any of the
          securities being registered which remain unsold at the termination of the
          offering.
(b)     The
undersigned Registrant hereby undertakes that, for purposes of determining           any
liability under the Securities Act, each filing of the Registrant's           annual
report pursuant to Section 13(a) or Section 15(d) of the Exchange Act,           (and,
where applicable, each filing of an employee benefit plan's annual           report
pursuant to section 15(d) of the Exchange Act) that is incorporated by
          reference in the registration statement shall be deemed to be a new
registration           statement relating to the securities offered therein, and the
offering of such           securities at that time shall be deemed to be the initial
bona
fide
offering thereof.
(h)     Insofar
as indemnification for liabilities arising under the Securities Act may           be
permitted to directors, officers and controlling persons of the Registrant
          pursuant to the foregoing provisions, or otherwise, the Registrant has been
          advised that in the opinion of the Securities and Exchange Commission such
          indemnification is against public policy as expressed in the Securities Act and
          is, therefore, unenforceable. In the event that a claim for indemnification
          against such liabilities (other than the payment by the Registrant of expenses
          incurred or paid by a director, officer or controlling person of the Registrant
          in the successful defense of any action, suit or proceeding) is asserted by
such           director, officer or controlling person in connection with the securities
being           registered, the Registrant will, unless in the opinion of its counsel the
matter           has been settled by controlling precedent, submit to a court of
appropriate           jurisdiction the question of whether such indemnification by it is
against           public policy as expressed in the Act and will be governed by the final
          adjudication of such issue.
II-4
SIGNATURES
The
Registrant
. Pursuant to the requirements of the Securities Act of 1933, the Registrant
certifies that it has reasonable grounds to believe that it meets all of the requirements
for filing on Form S-8 and has duly caused this registration statement to be signed on its
behalf by the undersigned, thereunto duly authorized, in the City of Vancouver, Province
of British Columbia, on this 14th day of July 2003.
ELDORADO GOLD CORPORATION
/s/ Paul N. Wright
Name:     Paul N. Wright
Title:    President and Chief Executive Officer
II-5
POWER OF ATTORNEY
Each
person whose signature appears below constitutes and appoints Paul N. Wright and Earl W.
Price, his attorney-in-fact, with the power of substitution, for them in any and all
capacities, to sign any amendments to this registration statement, and to file the same,
with exhibits thereto and other documents in connection therewith, with the Securities and
Exchange Commission, hereby ratifying and confirming all that said attorneys-in-fact, or
their substitute or substitutes, may do or cause to be done by virtue hereof.
Pursuant
to the requirements of the Securities Act of 1933, as amended, this registration statement
has been signed by the following persons in the capacities and on the date indicated.
Signature
Title
Date
/s/ Paul N. Wright
Paul N. Wright
President, Chief Executive Officer and Director
(Principal Executive Officer)
July 11, 2003
/s/ Earl W. Price
Earl W. Price
Chief Financial Officer and Director
(Principal Financial Officer and Accounting
Officer)
July 10, 2003
/s/ Dawn L. Moss
Dawn L. Moss
Secretary
July 2, 2003
/s/ Hugh C. Morris
Hugh C. Morris
Director
July 15, 2003
/s/ Joseph F. Conway
Joseph F. Conway
Director
July 11, 2003
/s/ Wayne D. Lenton
Wayne D. Lenton
Director
(Authorized U.S. Representative)
July 15, 2003
/s/ John S. Auston
John S. Auston
Director
July 15, 2003
/s/ K. Ross Cory
K. Ross Cory
Director
July 9, 2003
/s/ Robert Gilmore
Robert Gilmore
Director
July 14, 2003
II-6
EXHIBIT INDEX
Exhibit
Number
Exhibit
4
.1
Incentive Stock Option Plan of Eldorado Gold Corporation Officers & Directors
5
.1
Opinion of Fasken Martineau DuMoulin LLP
23
.1
Consent of PricewaterhouseCoopers LLP
24
.1
Power of Attorney (See page II-5 of this registration statement)
II-7