Conversion Rate for 2012 Interim Dividend

Hochschild Mining plc ("the Company")

Conversion Rate for 2012 Interim Dividend

Further to the interim results' announcement of 22 August 2012, the Company announces that the exchange rate to be applied to the 2012 interim dividend is US$1: £0.63174.

Accordingly, the sterling equivalent of the 2012 interim dividend is 1.895 pence per Ordinary Share which, as previously announced, will be payable on 20 September 2012.