Hochschild Regulatory News (HOC)

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1 February 2017

Accident at Inmaculada Mine

Hochschild Mining plc regrets to report that a fatal accident involving two contractors occurred yesterday, 31 January 2017, at the Inmaculada mine in southern Peru.

An investigation is currently underway with operations at Inmaculada suspended until its completion and all relevant authorities have been informed. Hochschild is committed to reviewing and reinforcing procedures to ensure safety remains the top priority across the Company.

Ignacio Bustamante, Chief Executive Officer said:

"We deeply regret this tragic accident. The safety of those employed at our operations is the Company's highest priority. Our thoughts and prayers go out to the individuals' families and friends. We have launched a full investigation to determine the cause of the accident, and are offering support to the family and employees at the mine site."

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Enquiries:

Hochschild Mining plc

Charles Gordon +44 (0)20 3714 9040

Head of Investor Relations

Hudson Sandler

Charlie Jack +44 (0)207 796 4133

Public Relations

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About Hochschild Mining plc

Hochschild Mining plc is a leading precious metals company listed on the London Stock Exchange (HOCM.L / HOC LN) with a primary focus on the exploration, mining, processing and sale of silver and gold. Hochschild has over fifty years' experience in the mining of precious metal epithermal vein deposits and currently operates four underground epithermal vein mines, three located in southern Peru and one in southern Argentina. Hochschild also has numerous long-term projects throughout the Americas.

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Forward looking statements

This announcement may contain forward looking statements. By their nature, forward looking statements involve risks and uncertainties because they relate to events and depend on circumstances that will or may occur in the future. Actual results, performance or achievements of Hochschild Mining plc may, for various reasons, be materially different from any future results, performance or achievements expressed or implied by such forward looking statements.

The forward looking statements reflect knowledge and information available at the date of preparation of this announcement. Except as required by the Listing Rules and applicable law, the Board of Hochschild Mining plc does not undertake any obligation to update or change any forward looking statements to reflect events occurring after the date of this announcement. Nothing in this announcement should be construed as a profit forecast.

This announcement contains information which prior to its release could be considered inside information.

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