Notification of Major Interest in Shares

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

Fresnillo plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

X

Other (please specify):

3. Full name of person(s) subject to thenotification obligation: iii

Industrias Peñoles S.A.B de C.V

4. Full name of shareholder(s)  (if different from 3.):iv

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

3 May 2013

6. Date on which issuer notified:

7 May 2013

7. Threshold(s) that is/are crossed orreached: vi, vii

77%, 76%, 75%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GB00B2QPKJ12

552,595,191

552,595,191

552,595,191

552,595,191

N/A

74.99%

N/A

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

552,595,191

74.99%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will ceaseto hold:

12. Date on which proxy holder will cease to holdvoting rights:

13. Additional information:

The disclosure relates to a change in the percentage of voting rights as a result of the increase in the issued share capital of Fresnillo plc due to a placing of ordinary shares, becoming effective on 3 May 2013.

14. Contact name:

Mr. Sergio Rodríguez

General Counsel

15. Contact telephone number:

+(52 55) 5279-3142

Note: Annex should only be submitted to the FCA not the issuer

Annex: Notification of major interests in share

A: Identity of the persons or legal entity subject to the notification obligation

Full name

(including legal form of legal entities)

Industrias Peñoles S.A.B de C.V

Contact address

(registered office for legal entities)

Corporativo BAL

Moliere 222 Torre de Oficinas

Col. Los Morales Sección Palmas

México, D.F. C.P. 11540

Phone number & email

+(52 55) 5279-3142 /

[email protected]

Other useful information

(at least legal representative for legal persons)

Linklaters LLP,

One Silk Street,

London EC2Y 8HQ

B: Identity of the notifier, if applicable

Full name

Mr. Sergio Rodriguez

General Counsel

Contact address

Corporativo BAL

Moliere 222 Torre de Oficinas

Col. Los Morales Sección Palmas

México, D.F. C.P. 11540

Phone number & email

+(52 55) 5279-31142 /

[email protected]

Other useful information

(e.g. functional relationship with the person or legal entity subject to the notification obligation)

C: Additional information

For notes on how to complete form TR-1 please see the FCA website.