Dividend Declaration

Conversion Rate for 2012 Final Dividend

Further to the preliminary announcement of annual results released on 13 March 2013, the Directors of Hochschild Mining plc ("the Company") have determined that the exchange rate to be applied to the 2012 final dividend is US$1:£0.64586.

Accordingly, the sterling equivalent of the 2012 final dividend is 1.937 pence per Ordinary Share which will be paid on 4 June 2013 subject to shareholder approval at the Company's Annual General Meeting on 30 May 2013.