Holding(s) in Company

Hochschild Mining PLC
07 December 2006


NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of listed company

Hochschild Mining plc

2. Name of shareholder having a major interest

Pelham Investment Corporation

3. Please state whether notification indicates that it is regarding the holding
of the shareholder named in 2 above; in respect of a non beneficial interest; or
in the case of an individual holder if it is a holding of that person's spouse
or children under the age of 18

In (2) above

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

Pelham Investment Corporation

5. Number of shares / amount of stock acquired

N/a

6 Percentage of issued class (any treasury shares held by the listed company
should not be taken into account when calculating percentage)

N/a

7. Number of shares / amount of stock disposed

11,587,500

8 Percentage of issued class (any treasury shares held by the listed company
should not be taken into account when calculating percentage)

3.77%

9. Class of security

Ordinary shares of 25 pence each

10. Date of transaction

6 December 2006

11. Date listed company informed

6 December 2006

12. Total holding following this notification

214,962,500

13. Total percentage holding of issued class following this notification (any
treasury shares held by the listed company should not be taken into account when
calculating percentage)

69.94%

14. Any additional information

The Company has also been informed separately by Mr Eduardo Hochschild, the
Executive Chairman of the Company that he  also has an interest in the ordinary
shares that are the subject of this notification.

15. Name of contact and telephone number for queries

Chris Stamp, [phone]

16. Name and signature of duly authorised officer of the listed company
responsible for making this notification

Chris Stamp, Authorised Representative, Prism CoSec Ltd, Company Secretary

Date of notification

7 December 2006





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