Frontier Pacific Responds to Unsolicited Takeover Bid and Recommends to Shareholders NO ACTION BE TAKEN

Frontier Pacific Mining Corporation ("Frontier Pacific" or the "Company") (TSX-V:FRP) has been advised that on May 9, 2008, Eldorado Gold Corporation ("Eldorado") formally commenced an unsolicited offer to purchase all of the outstanding common shares of the Company, other than those already owned by Eldorado.

To assist the Frontier Pacific board of directors in fulfilling its fiduciary duties, a special committee of independent directors ("Special Committee") consisting of Victor Bradley (Chair), Ross McDonald and Dr. Stewart Blusson has been formed. Thomas Weisel Partners has been engaged to provide independent financial advice regarding the Eldorado bid and the Company's strategic alternatives. The Special Committee has retained Georgeson to assist it in its communications with Frontier Pacific shareholders. Legal counsel for Frontier Pacific is Blake, Cassels and Graydon LLP.

The Eldorado offer will remain open until June 17, 2008. Accordingly, Frontier Pacific will carefully review and consider the Eldorado bid with the assistance of its independent advisors. The board of directors will issue a response in which the board will provide its recommendation to shareholders regarding the Eldorado bid. Frontier Pacific shareholders are urged NOT TO TAKE ANY ACTION in relation to the Eldorado offer until the board has had the opportunity to fully evaluate the offer. The board of directors of Frontier Pacific will make a formal recommendation to its shareholders on or before May 26, 2008.

The TSX Venture Exchange does not accept responsibility for the adequacy

or accuracy of the contents herein.

SOURCE: Frontier Pacific Mining Corporation

Thomas Weisel Partners, Attention: John Jentz, 70 York St., 10th Floor, Toronto, ON,
M5J 1S9, Direct (416) 815-1549, Fax (416) 815-1808, Email jjentz@tweisel.com;
GEORGESON, 100 University Avenue, 11th Floor, South Tower, Toronto, Ontario, M5J 2Y1,
North American Toll Free: 1-866-374-9879