Director/PDMR Shareholding

Disclosure and Transparency Rule 3.1.4R Hochschild Mining plc ("the Company") announces a change in the interest of Fred Vinton, a Non-Executive Director, in the Company's 5.75% Convertible Bonds due 2014 ("the Bonds").

The Company was notified on 23 August 2010 that on 20 August 2010 Bald Peak Limited, an entity connected with Mr Vinton, purchased Bonds with a nominal value of $500,000.

The transaction took place on the Professional Securities Market of the London Stock Exchange.