NOTIFICATION OF MAJOR INTERESTS IN SHARES

TR-1:               notification of major interests in shares

+-------------------------------------------------------------------+
| 1. Identity of the issuer or the           |    Fresnillo Plc     |
| underlying issuer of existing shares to    |                      |
| which voting rights are attached:          |                      |
|-------------------------------------------------------------------|
| 2. Reason for the notification     (please tick the         |     |
| appropriate box or boxes)                                   |     |
|-------------------------------------------------------------+-----|
| An acquisition or disposal of voting rights                 |     |
|-------------------------------------------------------------+-----|
| An acquisition or disposal of financial instruments which   |     |
| may result in the acquisition of shares already issued to   |     |
| which voting rights are attached                            |     |
|-------------------------------------------------------------+-----|
| An event changing the breakdown of voting rights            |     |
|-------------------------------------------------------------+-----|
| Other (please specify):                                     |     |
|-------------------------------------------------------------------|
| 3. Full name of person(s) subject to the   |   BlackRock Global   |
| notification obligation:                   |        Funds         |
|--------------------------------------------+----------------------|
| 4. Full name of shareholder(s) (if         |                      |
| different from 3.):                        |                      |
|--------------------------------------------+----------------------|
| 5. Date of the transaction (and date on    |  2nd February 2009   |
| which the threshold is crossed or reached  |                      |
| if different):                             |                      |
|--------------------------------------------+----------------------|
| 6. Date on which issuer notified:          |  3rd February 2009   |
|--------------------------------------------+----------------------|
| 7. Threshold(s) that is/are crossed or     |  Holding gone above  |
| reached:                                   |          4%          |
|--------------------------------------------+----------------------|
| 8. Notified details:                       |                  |   |
+-------------------------------------------------------------------+



+-------------------------------------------------------------------------------------------------+
|A: Voting rights attached to shares                                                              |
|-------------------------------------------------------------------------------------------------|
|Class/type of    |Situation previous to the|Resulting situation after the triggering transaction |
|shares           |Triggering transaction   |                                                     |
| if possible     |-------------------------+-----------------------------------------------------|
|using the ISIN   |Number of   |Number of   |Number of |Number of voting rights|% of voting rights|
|CODE             |Shares      |Voting      |shares    |                       |                  |
|                 |            |Rights      |----------+-----------------------+------------------|
|                 |            |            |Direct    |Direct      |Indirect  |Direct  |Indirect |
|-----------------+------------+------------+----------+------------+----------+--------+---------|
|GB00B2QPKJ12     |27,732,500  |27,732,500  |28,832,500|28,832,500  |N/A       |4.02%   |N/A      |
+-------------------------------------------------------------------------------------------------+






+-------------------------------------------------------------------+
| B: Financial Instruments                                          |
|-------------------------------------------------------------------|
| Resulting situation after the triggering transaction              |
|-------------------------------------------------------------------|
| Type of    | Expiration | Exercise/    | Number of       | % of   |
| financial  | date       | Conversion   | voting rights   | voting |
| instrument |            | Period/ Date | that may be     | rights |
|            |            |              | acquired if the |        |
|            |            |              | instrument is   |        |
|            |            |              | exercised/      |        |
|            |            |              | converted.      |        |
|------------+------------+--------------+-----------------+--------|
|            |            |              |                 |        |
+-------------------------------------------------------------------+




+----------------------------------------------+
| Total (A+B)                                  |
|----------------------------------------------|
| Number of voting rights | % of voting rights |
|-------------------------+--------------------|
| 28,832,500              | 4.02%              |
+----------------------------------------------+





+-------------------------------------------------------------------+
| 9. Chain of controlled undertakings through which the voting      |
| rights and/or the financial instruments are effectively held, if  |
| applicable:                                                       |
|-------------------------------------------------------------------|
|                                                                   |
+-------------------------------------------------------------------+



+-------------------------------------------------------------------+
| Proxy Voting:                                                     |
|-------------------------------------------------------------------|
| 10. Name of the proxy holder:                              |      |
|------------------------------------------------------------+------|
| 11. Number of voting rights proxy holder will cease to     |      |
| hold:                                                      |      |
|------------------------------------------------------------+------|
| 12. Date on which proxy holder will cease to hold voting   |      |
| rights:                                                    |      |
+-------------------------------------------------------------------+



+--------------------------------------+
| 13. Additional information:   |      |
|-------------------------------+------|
| 14. Contact name:             |      |
|-------------------------------+------|
| 15. Contact telephone number: |      |
+--------------------------------------+



ANNEX NOTIFICATION OF MAJOR INTERESTS IN SHARES

+-------------------------------------------------------------------+
| A: Identity of the person or legal entity subject to the          |
| notification obligation                                           |
|-------------------------------------------------------------------|
| Full name (including legal form for     | BlackRock Global Funds  |
| legal entities)                         |                         |
|-----------------------------------------+-------------------------|
| Contact address (registered office for  |                         |
| legal entities)                         | 33 King William Street, |
|                                         | London, EC4R 9AS        |
|-----------------------------------------+-------------------------|
| Phone number                            | 020 7743 5741           |
|-----------------------------------------+-------------------------|
| Other useful information (at least      | Stuart Watchorn         |
| legal representative for legal persons) |                         |
+-------------------------------------------------------------------+



+-------------------------------------------------------------------+
| B:         Identity of the notifier, if applicable                |
|-------------------------------------------------------------------|
| Full name                               | BlackRock, Inc          |
|-----------------------------------------+-------------------------|
| Contact address                         |                         |
|                                         | 33 King William Street, |
|                                         | London, EC4R 9AS        |
|-----------------------------------------+-------------------------|
| Phone number                            | 020 7743 5741           |
|-----------------------------------------+-------------------------|
| Other useful information (e.g.          | Stuart Watchorn         |
| functional relationship with the person |                         |
| or legal entity subject to the          |                         |
| notification obligation)                |                         |
+-------------------------------------------------------------------+



+-----------------------------------+
| C:         Additional information |
|-----------------------------------|
|                                   |
+-----------------------------------+

---END OF MESSAGE---




This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.