European Goldfields Ltd -- Q1 Financials - Part 2


WHITEHORSE, YUKON--(Marketwire - May 12, 2009) -


                    European Goldfields Limited

                      Financial Statements
                          (Unaudited)

                       First Quarter 2009






Disclosure of auditor review of interim consolidated financial
statements

The interim consolidated financial statements of the Company for the
three-month periods ended 31 March 2009 and 2008 have not been reviewed
by the auditors of the Company.


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