Conversion Rate for Final Dividend

RNS Number : 9513C

Fresnillo PLC

23 April 2013

 



                                                                                                         Fresnillo Plc

28 Grosvenor Street

London W1K 4QR

United Kingdom

www.fresnilloplc.com

23 April 2013

Conversion Rate for Final Dividend

Further to the preliminary announcement of results of Fresnillo plc ("the Company") for the year ended 31 December 2012 released on 11 March 2013, the directors of the Company have determined that the exchange rate to be applied to the 2012 final dividend is 1.5246 US$/GB£. The sterling equivalent of the final dividend of 42.40 US cents per share announced at the time of the preliminary announcement will be 27.8106 pence per share.

The final dividend will be paid on 8 May 2013 to shareholders on the register on 19 April 2013, subject to shareholder approval at the Company's Annual General Meeting on 2 May 2013.

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For further information, please visit our website:  www.fresnilloplc.com or contact:

Fresnillo plc

London Office                                                            Tel:  [phone]

Gabriela Mayor, Head of Investor Relations

Mexico City Office                                                     Tel:  [phone]

Ana Belém Zárate

Brunswick                                                               Tel:  [phone]

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 plc has six producing mines plus a satellite mine, all of them in Mexico - Fresnillo, Saucito, Ciénega, San Ramón, Herradura, Soledad-Dipolos and Noche Buena; three development projects - a dynamic leaching plant to treat high grade gold ore from the Herradura and Soledad- Dipolos mines; San Julián and Saucito II; and four advanced exploration prospects -  Centauro Deep,  Juanicipio, Orisyvo and Las Casas as well as a number of other long term exploration prospects and, in total, has mining concessions covering approximately 2.1 million hectares in Mexico.

Fresnillo plc 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 plc's goal is to maintain the Group's position as the world's largest primary silver company, producing 65 million ounces of silver and 500,000 ounces of gold by 2018.

 

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