Fresnillo Plc
28 Grosvenor Street
London W1K 4QR
United Kingdom
www.fresnilloplc.com
20 August 2010
Conversion Rate for Interim Dividend
Further to the interim announcement of half year results released on 3 August
2010, the directors of Fresnillo plc ("the Company") have determined that the
exchange rate to be applied to the 2010 interim dividend is 1.5508US$/GB£. The
sterling equivalent of the dividend of 9.20 cents per share announced at the
time of the interim announcement will be 5.932422 pence per share.
The interim dividend will be paid on 14 September 2010 to shareholders on the
register on 20 August 2010.
- End-
For further information, please visit our website: www.fresnilloplc.com or
contact:
Fresnillo plc
London Office Tel: +44 (0)20 7399 2470
Arturo Espinola, Head of Investor Relations
Mexico City Office
Gabriela Mayor Tel: +52 55 52 79 3203
JPMorgan Cazenove Tel: +44 (0)20 7588 2828
Ian Hannam
Ben Davies
Brunswick Tel: +44 (0)20 7404 5959
Carole Cable
David Litterick
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 four producing mines, all of them in Mexico - Fresnillo, Ciénega,
Herradura and Soledad - Dipolos; one development project - Saucito; and five
advanced exploration prospects - Noche Buena, San Juan, San Julián, Orysivo and
Juanicipio, as well as a number of other long term exploration prospects and, in
total, has mining concessions covering approximately 1.75 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