Conversion Rate for Interim Dividend

RNS Number : 5546K

Fresnillo PLC

22 August 2012

 



                                                                                                         Fresnillo Plc

28 Grosvenor Street

London W1K 4QR

United Kingdom

www.fresnilloplc.com

22 August 2012

Conversion Rate for Interim Dividend

Further to the interim announcement of half year results released on 31 July 2012, the directors of Fresnillo plc ("the Company") have determined that the exchange rate to be applied to the 2012 interim dividend is 1.5785 US$/GB£. The sterling equivalent of the interim dividend of 15.50 US cents per share announced at the time of the interim announcement will be 9.8194 pence per share.

The interim dividend will be paid on 11 September 2012 to shareholders on the register on 17 August 2012.

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For further information,  please visit our website:  www.fresnilloplc.com or contact:

Fresnillo plc

London Office                                                                                    Tel: [phone]

Gabriela Mayor, Head of Investor Relations

Brunswick                                                                            Tel: [phone]

Carole Cable

David Litterick

About Fresnillo plc

Fresnillo Plc is the world's largest primary silver producer and Mexico's second largest gold producer, listed on the London Stock Exchange under the symbol FRES.

Fresnillo has six operating mines, all of them in Mexico - Fresnillo, Saucito, Ciénega, Herradura, Soledad-Dipolos and Noche Buena; one satellite mine -San Ramón; two development projects - Saucito II and a dynamic leaching plant to treat high grade gold ore from the Herradura and Soledad-Dipolos mine; and five advanced exploration prospects - San Julián, Centauro Deep, Juanicipio, Orysivo and Las Casas as well as a number of other long term exploration prospects. In total, has mining concessions covering approximately 2.1 million hectares in Mexico.

Fresnillo's goal is to maintain the Group's position as the world's largest primary silver company, producing 65 million ounces of silver and over 500,000 ounces of gold by 2018.

 

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