Fresnillo Regulatory News (FRES)

10 Sep 2008 09:51



Fresnillo Plc

28 Grosvenor Street

London 

W1K 4QR

United Kingdom

www.fresnilloplc.com

10 September 2008

Corporate Broker Appointment 

Fresnillo plc, the world's largest primary silver producer, is pleased to announce the appointment of JPMorgan Cazenove Limited as Corporate Broker, with immediate effect.

For further information, please visit our website: www.fresnilloplc.com or contact:

Fresnillo plc Tel: +44(0)20 7399 2470

Octavio Alvidrez, Head of Investor Relations

JPMorgan Cazenove Limited  Tel: +44(0)20 7588 2828

Adam Brett

Andrew Wray

Brunswick Tel: +44(0)20 7404 5959

Patrick Handley

Carole Cable

About Fresnillo plc

Fresnillo Plc is the world's largest primary silver producer and Mexico's second largest gold producer, listed on the London Stock Exchange under the symbol FRES.

Fresnillo has three producing mines, all of them in Mexico - Fresnillo, Ciénega and Herradura; two advanced development projects - Fresnillo II, Soledad & Dipolos; and three exploration prospects - San Juan, San Julian, Orysivo, as well as a number of other long term exploration prospects and, in total, has mining concessions covering approximately 1.3 million hectares in Mexico.

Fresnillo has a strong and long tradition of mining, a proven track record of mining development and reserves replacement, and a low cost of production, being in the lowest quartile of the cost curve for both silver and gold.

Fresnillo intends to maintain its position as the world's largest primary silver producer with the aim of approximately doubling production, on a silver equivalent ounce basis, within the next ten years and increasing its gold production.