Miscellaneous

28 Grosvenor Street
                                                                  London W1K 4QR
                                                                  United Kingdom
                                                            www.fresnilloplc.com

                                                                     06 May 2011

                       Conversion Rate for Final Dividend

Further  to the announcement of the arrangements of the final dividend for 2010
released  on 27 April 2011, the directors of  Fresnillo plc ("the Company") have
determined  that the exchange rate  to be applied to  the 2010 final dividend is
US$1:  GB£0.60916. The sterling  equivalent of the  final dividend of 35.6 cents
per ordinary share will be 21.68610 pence per ordinary share.

The  final dividend will be paid on  20 May 2011 to shareholders on the register
on  03 May 2011, subject to shareholder approval at the Company's Annual General
Meeting on 17 May 2011.

                                     - End-

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

Fresnillo plc

London Office
Arturo Espinola, Head of Investor Relations
Tel: [phone]

Mexico City Office
Gabriela Mayor
Tel: [phone]



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 five producing mines, all of  them in Mexico - Fresnillo, Ciénega
Herradura, Soledad - Dipolos and Saucito; one development project - Noche Buena;
and six advanced exploration prospects, San Ramon, San Julian, Orisyvo, Centauro
Deep,  Las  Casas  and  Juanicipio,  as  well  as  a  number  of other long term
exploration   prospects   and,   in   total,  has  mining  concessions  covering
approximately 1.91 million hectares in Mexico.

Fresnillo  has a strong and  long tradition of mining,  a proven track record of
mine  development,  reserve  replacement,  and  production  costs  in the lowest
quartile of the cost curve for both silver and gold.

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 400,000
ounces of gold by 2018.







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Source: Fresnillo Plc via Thomson Reuters ONE

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