Dividend Conversion Rate

18 Jun 2007 14:49

Hochschild Mining PLC18 June 2007 HOCHSCHILD MINING plc Announcement of Dividend Conversion Rate Further to the statement on dividend conversion to US dollars set out in theChairman's Letter of 25 May 2007, the Directors of Hochschild Mining plc havedetermined that the exchange rate at which dividend payments will be calculatedin respect of shareholders electing to receive their dividend in US dollars,will be US$ 1.97278 per £1 Sterling (US$ 1 = £0.5069). Enquiries: Hochschild Mining plc Wray Barber +44 (0)20 7152 6014Head of Investor Relations Finsbury Robin Walker +44 (0)20 7251 3801Public Relations About Hochschild Mining plc Hochschild Mining plc (HOC.L for Reuters / HOC LN for Bloomberg) is a publiclyheld company listed on the London Stock Exchange. Hochschild is a leadingprecious metals company with a primary focus on the exploration, mining,processing and sale of silver and gold. The Company currently operates threeunderground epithermal vein mines located in southern Peru. The Company also hasthree advanced stage development projects, one in each of Mexico, Peru andArgentina and one early stage development project in Mexico. In addition, theCompany has over twenty long-term prospects throughout Latin America. TheCompany has over forty years experience in the mining of precious metalepithermal vein deposits. For further information please visitwww.hochschildmining.com. This information is provided by RNS The company news service from the London Stock Exchange