Holding(s) in Company

13 Mar 2007 15:53

Hochschild Mining PLC13 March 2007 TR - 1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii): Hochschild Mining plc 2. Reason for the notification (please state Yes/No): An acquisition or disposal of voting rights: (No) An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: (No) An event changing the breakdown of voting rights: (No) Other (please specify): (Yes - Declaration of Major Shareholding under FSA Transitional Provision 7) 3. Full name of person(s) subject to the notification obligation (iii): Eduardo Hochschild 4. Full name of shareholder(s) (if different from 3) (iv): N/a 5. Date of the transaction and date on which the threshold is crossed or reached (v): N/a 6 Date on which issuer notified: 13 March 2007 7. Threshhold(s) that is/are crossed or reached: 3% 8 Notified details: - A: Voting rights attached to shares Class/type of shares if possible Situation previous to theUsing the ISIN Code Triggering transaction (vi) No of No of Shares voting rights (viii) Ordinary 214,962,500 SameGB00B1FW50029 Resulting situation after triggering the transaction (vii): Class/type of shares No of shares No of voting rights % of voting rightsif possible using (ix)the ISIN Code Direct Direct Indirect Direct Indirect (x) (xi) Ordinary 0 0 214,962,500 0 69.94%GB00B1FW50029 B: Financial Instruments Resulting situation after the triggering transaction (xii) Type of Expiration Exercise/ Number of voting % of votingFinancial date (xiii) conversion rights that may be rightsInstrument period/date acquired if the (xiv) instrument is Exercised/converted Total (A+B) Number of voting rights % of voting rights214,962,500 69.94% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv): 1. Pelham Investment Corporation ("Pelham") directly owns 214,962,500 ordinary shares of the issuer. 2. Eduardo Hochschild controls the Board of Pelham. He controls and beneficially owns through intermediary companies more than eighty percent (80%) of the shares of Pelham. No other person controls Pelham. Proxy Voting 10. Name of proxy holder: N/a 11. Number of voting rights proxy holder will cease to hold: N/a 12. Date on which proxy holder will cease to hold voting rights: N/a 13. Additional information: Eduardo Hochschild is making this notification to comply with the transitional provisions of the Disclosure and Transparency Rules. He is not notifying an acquisition or disposal of voting rights of the issuer. 14. Contact name: Robert C. Muffly 15. Contact telephone number: +1 212-888-3033 Annex to Notification of Major Interests in Shares (xvi) A. Identity of the person or legal entity subject to the notification obligation Full name (including legal form for legal entities): Eduardo Hochschild Contact address (registered office for legal entities): Hochschild Mining (Peru) CorporationPasaje El Carmen No. 180Urb. El Vivero de MonterricoSurco - Lima 33Peru Phone Number: +51-1-317-2000 Other useful information (at least legal representative for legal persons): - B. Identity of notifier, if applicable (xvii): Full name: Robert C. Muffly Contact address: Becker, Glynn, Melamed & Muffly LLP299 Park Ave.New York, NY 10171 Phone Number: +1-212-888-3033 Other useful information: Counsel This information is provided by RNS The company news service from the London Stock Exchange