European Minerals Corporation: Changes in Directors' Share Interests

LONDON, UNITED KINGDOM--(Marketwire - May 16, 2008) - European Minerals Corporation (TSX: EPM.TO)(AIM: EUM) -

The following transaction was notified to the Company yesterday.

Transaction: on 15 May 2008 acquisition of common shares on the exercise of stock options at US$0.37 per share as follows:

A J Williams - acquired 125,000 common shares of no par value. Total of 850,000 (0.28%) common shares of no par value now held.

W G Kennedy - acquired 100,000 common shares of no par value. Total of 100,000 (0.03%) common shares of no par value now held.

B D Rayment - acquired 50,000 common shares of no par value. Total of 100,000 (0.03%) common shares of no par value now held.

Application has been made for the 275,000 common shares to be admitted to trading on AIM with admission expected to take place on 23 May 2008.

Contacts

Graham A. Potts
European Minerals Corporation
Company Secretary
+44 (0) 20 7529 7508
+44 (0) 20 7491 2244 (FAX)

Grant Thornton Corporate Finance
Nomad
Gerry Beaney/Colin Aaronson
020 7383 5100