Hochschild Regulatory News (HOC)

10 Jul 2009 15:16



10 July 2009  

Hochschild appoints independent Non-Executive Director

Hochschild Mining plc ("Hochschild") is pleased to announce the appointment of Fred Vinton as a Non-Executive Director, with effect from 1 August 2009. 

Mr Vinton, who has over 30 years of banking experience, brings substantial executive and board level knowledge to Hochschild. 

Mr Vinton is currently Chairman of EP Private Equity Ltd, a position he has held since 2006. Prior to this he served as Chairman/Chief Executive Officer of Electra Partners Limited for over 10 years and as Chief Executive of Quilvest Ltd between 1992 and 1995. Formerly, Mr Vinton spent 25 years at JP Morgan, where he was responsible for the bank's business in Latin America, the UK and Scandinavia before joining N M Rothschild & Sons Ltd as Chief Operating Officer in 1988. 

He currently holds directorships in companies including Unipart Group of Companies UK, Emergent Asset Management Ltd, MBA Latin America Opportunity Fund, GP Investments Ltd, Dinamia SCR S.A., EQMC Europe Development Capital Fund plc and MBA Multistrategy Investment Fund. 

Mr Vinton has previously served on other Boards including those of Amerindo Internet Fund from 2000-2006, Lambert Howarth Group plc from 2000-2007 and the Patagonia Argentine Recovery Fund from 2003-2008.

The appointment of an additional director increases the number of Board members to nine including five independent Non-Executive directors. 

Commenting on the appointment, Eduardo Hochschild, Chairman of Hochschild Mining plc said:

"Fred brings a wide range of knowledge and experience to Hochschild and we are delighted to welcome him to the Board. This represents yet another stage in Hochschild's evolution as a London listed company and ensures that we have the appropriate skills to effectively advance the Group's strategy."

There are no other matters to disclose in accordance with paragraph 9.6.13R of the FSA's Listing Rules.

Enquiries:

Hochschild Mining plc

Isabel Lutgendorf  +44 (0)20 7907 2934 

Head of Investor Relations

Finsbury

Robin Walker +44 (0)20 7251 3801

Public Relations

About Hochschild Mining plc:

Hochschild Mining plc is a leading precious metals company listed on the London Stock Exchange (HOCM.L for Reuters / HOC LN for Bloomberg) with a primary focus on the exploration, mining, processing and sale of silver and gold. Hochschild currently operates four underground epithermal vein mines, three located in southern Peru, one in southern Argentina, one open pit mine in northern Mexico and numerous long-term prospects throughout the Americas. Hochschild has over forty years experience in the mining of precious metal epithermal vein deposits. For further information please visit www.hochschildmining.com.