Further re Final Dividend

Conversion Rate for 2010 Final Dividend

Further to the preliminary announcement of annual results released on 29 March 2011, the Directors of Hochschild Mining plc ("the Company") have determined that the exchange rate to be applied to the 2010 final dividend is US$1:GBP£0.6128.

Accordingly, the sterling equivalent of the 2010 final dividend is 1.8384 pence per Ordinary Share which will be paid on 7 June 2011 subject to shareholder approval at the Company's Annual General Meeting on 2 June 2011.