28 Grosvenor Street
London W1K 4QR
United Kingdom
www.fresnilloplc.com
06 May 2011
Conversion Rate for Final Dividend
Further to the announcement of the arrangements of the final dividend for 2010
released on 27 April 2011, the directors of Fresnillo plc ("the Company") have
determined that the exchange rate to be applied to the 2010 final dividend is
US$1: GB£0.60916. The sterling equivalent of the final dividend of 35.6 cents
per ordinary share will be 21.68610 pence per ordinary share.
The final dividend will be paid on 20 May 2011 to shareholders on the register
on 03 May 2011, subject to shareholder approval at the Company's Annual General
Meeting on 17 May 2011.
- End-
For further information, please visit our website: Â www.fresnilloplc.com or
contact:
Fresnillo plc
London Office
Arturo Espinola, Head of Investor Relations
Tel: +44 (0) 20 7399 2470
Mexico City Office
Gabriela Mayor
Tel: +52 55 52 79 3203
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 five producing mines, all of them in Mexico - Fresnillo, Ciénega
Herradura, Soledad - Dipolos and Saucito; one development project - Noche Buena;
and six advanced exploration prospects, San Ramon, San Julian, Orisyvo, Centauro
Deep, Las Casas and Juanicipio, as well as a number of other long term
exploration prospects and, in total, has mining concessions covering
approximately 1.91 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.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Fresnillo Plc via Thomson Reuters ONE
[HUG#1513270]

