Director/PDMR Shareholding

Hochschild Mining PLC
07 December 2006


NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
REPSONSIBILITY OR CONNECTED PERSONS


1. Name of the issuer: HOCHSCHILD MINING PLC

2. State whether the notification relates to (i) a transaction notified in
accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in
accordance with section 324 (as extended by section 328) of the Companies Act
1985; or (iii) both (i) and (ii):

(iii) BOTH (i) AND (ii)

3. Name of person discharging managerial responsibilities/director:

MR EDUARDO HOCHSCHILD

4. State whether notification relates to a person connected with a person
discharging managerial responsibilities/director named in 3 and identify the
connected person: YES, THE CONNECTED PERSON IS PELHAM INVESTMENT CORPORATION

5. Indicate whether the notification is in respect of a holding of the person
referred to in 3 or 4 above or in respect of a non-beneficial interest:

NOTIFICATION IN RESPECT OF PERSON REFERRED TO IN 4 ABOVE

6. Description of shares (including class), debentures or derivatives or
financial instruments relating to shares: ORDINARY SHARES OF 25p EACH

7. Name of registered shareholders(s) and, if more than one, the number of
shares held by each of them:

PELHAM INVESTMENT CORPORATION

8 State the nature of the transaction:

TRANSFER OF SHARES FOLLOWING THE EXERCISE OF THE OVER-ALLOTMENT OPTION

9. Number of shares, debentures or financial instruments relating to shares
acquired: N/A

10. Percentage of issued class acquired (treasury shares of that class should
not be taken into account when calculating percentage): N/A

11. Number of shares, debentures or financial instruments relating to shares
disposed: 11,587,500 ORDINARY SHARES

12. Percentage of issued class disposed (treasury shares of that class should
not be taken into account when calculating percentage): 3.77%

13. Price per share or value of transaction: £3.50

14. Date and place of transaction: 06 DECEMBER 2006 LONDON

15. Total holding following notification and total percentage holding following
notification (any treasury shares should not be taken into account when
calculating percentage): 214,962,500 SHARES = 69.94%

16. Date issuer informed of transaction 06 DECEMBER 2006

If a person discharging managerial responsibilities has been granted options by
the issuer complete the following boxes

17. Date of grant: N/A

18. Period during which or date on which it can be exercised: N/A

19. Total amount paid (if any) for grant of the option: N/A

20. Description of shares or debentures involved (class and number): N/A

21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at the time of exercise: N/A

22. Total number of shares or debentures over which options held following
notification: N/A

23. Any additional information: NONE

24. Name of contact and telephone number for queries: CHRIS STAMP, +44 (0)20
7917 6285

Name of duly authorised officer of issuer responsible for making notification:
CHRIS STAMP, ON BEHALF OF PRISM COSEC LTD, COMPANY SECRETARY

Date of notification 7 DECEMBER 2006





                      This information is provided by RNS
            The company news service from the London Stock Exchange