Conversion Rate for Interim Dividend

RNS Number : 1050M

Fresnillo PLC

20 August 2013

 



                                                                                                         Fresnillo Plc

28 Grosvenor Street

London W1K 4QR

United Kingdom

www.fresnilloplc.com

20 August 2013

Conversion Rate for Interim Dividend

Further to the interim announcement of half year results released on 6 August 2013, the directors of Fresnillo plc ("the Company") have determined that the exchange rate to be applied to the 2013 interim dividend is 1.5670 US$/GB£. The sterling equivalent of the interim dividend of 4.90 US cents per share announced at the time of the interim announcement will be 3.1270 pence per share.

The interim dividend will be paid on 10 September 2013 to shareholders on the register on 16 August 2013.

- End-

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 Belem 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 has six operating mines, all of them in Mexico - Fresnillo, Saucito, Ciénega (including the San Ramón satellite mine), 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 mine; San Julián and Saucito II and four advanced exploration prospects - Centauro Deep, Juanicipio, Orysivo and Las Casas Rosario as well as a number of other long term exploration prospects. In total, has mining concessions covering approximately 2.1 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 500,000 ounces of gold by 2018.

 

END

 

 

STREAAPEALDDEFF