UK - Côte d’Ivoire Trade & Investment Forum 2013 Neil Woodyer, CEO October 30, 2013

1. UK - Côte d’Ivoire Trade & Investment Forum 2013Neil Woodyer, CEOOctober 30, 2013 UK - Côte d’Ivoire Trade & Investment Forum 2013Neil Woodyer, CEOOctober 30, 2013

2. Disclaimer & Forward Looking Statements This presentation contains “forward-looking statements” including but not limited to, statements with respect to Endeavour’s 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 management’s 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 relatedto 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 Endeavour’s most recent Annual Information Form filed under its profile at www.sedar.com for further information respecting the risks affecting Endeavour and its business. A GOLD PRODUCER GROWING IN CÔTE D’IVOIRE

3. Endeavour Mining in Côte d’Ivoire • 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 d’Ivoire, with annual operating costs of $75 million • Agbaou ownership is 85% Endeavour, 10% government of Côte d’Ivoire; 5% SODEMI • Agbaou now over 90% complete; due to commence production in Q1 2014 • Creating 700 jobs and providing economic and social benefits to local and regional communities A GOLD PRODUCER GROWING IN CÔTE D’IVOIRE

4. 13 Months of Successful Investment in Côte d’Ivoire Clearing for Agbaou Process Plant, Sept 2012 Aerial view of Agbaou Process Plant, Oct 2013 A GOLD PRODUCER GROWING IN CÔTE D’IVOIRE

5. Current West African Operations 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 Endeavour’s other mines A GOLD PRODUCER GROWING IN CÔTE D’IVOIRE

6. 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 d’Ivoire and will increase the country’s annual production by more than 20% A GOLD PRODUCER GROWING IN CÔTE D’IVOIRE

7. Agbaou Timeline • Optimized feasibility studycompleted 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 Q1 2014 Mining commenced on South Pit, Oct 2013 A GOLD PRODUCER GROWING IN CÔTE D’IVOIRE

8. Agbaou Summary Milling Circuit, August 2013 • 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 A GOLD PRODUCER GROWING IN CÔTE D’IVOIRE

9. Construction Progress at Agbaou Agbaou conveyor and transfer station, Sept 2013 • 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 A GOLD PRODUCER GROWING IN CÔTE D’IVOIRE

10. Project Benefits to Côte d’Ivoire • 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 d’Ivoire as a mining investment destination Process Plant 91 kV substation, Sept 2013 A GOLD PRODUCER GROWING IN CÔTE D’IVOIRE

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

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

13. Côte d’Ivoire Encourages Investment • Côte d’Ivoire is highly prospective for gold and is relatively underexplored and developed • As part of the government’s 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 President’s office/Advisors, Ministries of Financeand Mining • Endeavour is currently in final negotiations for a mining convention with the state of Côte d’Ivoire to give certainty to our stakeholders (investors, government, communities, suppliers, employees) President Ouattara met with Endeavour CEO and Canadian Ambassador, May 2013 A GOLD PRODUCER GROWING IN CÔTE D’IVOIRE

14. Investing in Growth in Côte d’Ivoire Agbaou, Côte d’Ivoire’s 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 Agbaouhas remained strong despite a difficult gold and financing market and the government has been very supportive Côte d’Ivoire contains 35% of West African gold belt but only 8% of reserves Côte d’Ivoire may have the best infrastructure in the region Given a competitive investment environment, Côte d’Ivoire’s gold sector is positioned for strong growth A GOLD PRODUCER GROWING IN CÔTE D’IVOIRE