UK - Côte dIvoire Trade & Investment Forum 2013 Neil Woodyer, CEO October 30, 2013

Disclaimer & Forward Looking Statements This presentation contains forward-looking statements including but not limited to, statements with respect to Endeavours plans and operating performance, the estimation of mineral reserves and resources, the timing and amount of estimated future production, costs of future production, future capital expenditures, and the success of exploration activities. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as expects, expected, budgeted, forecasts and anticipates. Forward-looking statements, while based on managements best estimates and assumptions, are subject to risks and uncertainties that may cause actual results to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to the successful integration of acquisitions; risks related to international operations; risks related to general economic conditions and credit availability; actual results of current exploration activities; unanticipated reclamation expenses; changes in project parameters as plans continue to be refined; fluctuations in prices of metals including gold; fluctuations in foreign currency exchange rates; increases in market prices of mining consumables; possible variations in ore reserves, grade or recovery rates; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes, title disputes; claims and limitations on insurance coverage and other risks of the mining industry; delays in the completion of development or construction activities, changes in national and local government regulation of mining operations, tax rules and regulations; and political and economic developments in countries in which Endeavour operates. Although Endeavour has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Please refer to Endeavours most recent Annual Information Form filed under its profile at for further information respecting the risks affecting Endeavour and its business. A GOLD PRODUCER GROWING IN CÔTE DIVOIRE 2

Endeavour Mining in Côte dIvoire A GOLD PRODUCER GROWING IN CÔTE DIVOIRE 3 Growing West African gold producer with three operating mines producing 320,000 oz/yr Focused on generating cash flow in the new low gold price environment Endeavour investing $160 million to build the Agbaou Gold Mine in Côte dIvoire, with annual operating costs of $75 million Agbaou ownership is 85% Endeavour, 10% government of Côte dIvoire; 5% SODEMI Agbaou now over 90% complete; due to commence production in Q Creating 700 jobs and providing economic and social benefits to local and regional communities

4 Aerial view of Agbaou Process Plant, Oct 2013 A GOLD PRODUCER GROWING IN CÔTE DIVOIRE Clearing for Agbaou Process Plant, Sept Months of Successful Investment in Côte dIvoire

Multiple operations, both open-pit and underground West African focus, diversified jurisdictions Strong operating and project development teams Expertise sharing between operations Mine building team, currently at Agbaou Agbaou start-up to benefit from staff training at Endeavours other mines A GOLD PRODUCER GROWING IN CÔTE DIVOIRE 5 Current West African Operations

Agbaou Operating Environment Approximately 200 km NW of Abidjan Accessible by paved and secondary gravel roads (normally 3 hours by car from Abidjan) 10 km from national power grid Water supply from a combination of tailings recycling, storage of surface run-off, and pit de-watering Recruitment of operating team complete Agbaou will be the fourth gold mine in Côte dIvoire and will increase the countrys annual production by more than 20% A GOLD PRODUCER GROWING IN CÔTE DIVOIRE 6

Agbaou Timeline A GOLD PRODUCER GROWING IN CÔTE DIVOIRE 7 Optimized feasibility study completed in May 2012 Construction began in June 2012 with a $160 million budget; construction now over 90% complete Received mining permit in August 2012 Mining commenced in October 2013 Commercial production expected in Q Mining commenced on South Pit, Oct 2013

A GOLD PRODUCER GROWING IN CÔTE DIVOIRE 8 Average annual production 100,000 ozs Current 8-year mine life Open pit mine Up to 1.6Mtpa CIL/gravity plant and 92.5% recovery Agbaou Summary Milling Circuit, August 2013

A GOLD PRODUCER GROWING IN CÔTE DIVOIRE 9 Tailings storage facility Water storage dam Mine access road Village resettlement Mill installation Crusher, conveyors, ore transfer station Arrival of mining fleet 15km/91 kV electrical transmission line Construction Progress at Agbaou Agbaou conveyor and transfer station, Sept 2013

Project Benefits to Côte dIvoire Increased national income through wages, in-country purchasing, dividends, taxes, royalties, licensing fees Economic growth in service, construction & manufacturing sectors – locally and nationally Local employment preference Local infrastructure development and increased standard of living –Constructed and funded a 15km 91kV power line that will be owned by the state and supply local communities Creating local social programmes and contributions, as well as training for Ivorian students interested in mining Increases visibility of Côte dIvoire as a mining investment destination A GOLD PRODUCER GROWING IN CÔTE DIVOIRE 10 Process Plant 91 kV substation, Sept 2013

Currently 958 workers on site Creation of up to 700 direct long-term jobs during operations –500 from Agbaou district –20% women overall Creation of indirect jobs – estimated at 10+ indirect jobs per direct job Training in safety, machine and equipment operating, maintenance and administration A GOLD PRODUCER GROWING IN CÔTE DIVOIRE 11 Employment Created Mill installation, July 2013

Agbaou Community Partnership A GOLD PRODUCER GROWING IN CÔTE DIVOIRE 12 Projects completed in Agbaou region Drilled boreholes Renovated maternal health clinic Commencing local community work in partnership with the Red Cross in Côte dIvoire Discussing social programmes and funding with the Ministry of Industry & Mines Delivered Running Water at AgbaouConstructed Agbaou Primary School Refurbished classrooms, teachers housing Community centre constructed

Côte dIvoire Encourages Investment Côte dIvoire is highly prospective for gold and is relatively underexplored and developed As part of the governments growth plans, it is targeting a tripling in gold production over the next decade – Agbaou will contribute to reaching that goal Government has discussed changes to mining legislation with industry Competitive economic/legal framework in place for investment: 3% royalty and 25% tax rate Ongoing dialogue with Presidents office/Advisors, Ministries of Finance and Mining Endeavour is currently in final negotiations for a mining convention with the state of Côte dIvoire to give certainty to our stakeholders (investors, government, communities, suppliers, employees) A GOLD PRODUCER GROWING IN CÔTE DIVOIRE 13 President Ouattara met with Endeavour CEO and Canadian Ambassador, May 2013

A GOLD PRODUCER GROWING IN CÔTE DIVOIRE 14 Agbaou, Côte dIvoires fourth gold mine, will pour its first gold by early 2014 Agbaou has meaningful exploration potential – mine life could be extended Our commitment to completing Agbaou has remained strong despite a difficult gold and financing market and the government has been very supportive Côte dIvoire contains 35% of West African gold belt but only 8% of reserves Côte dIvoire may have the best infrastructure in the region Given a competitive investment environment, Côte dIvoires gold sector is positioned for strong growth Investing in Growth in Côte dIvoire