Fresnillo plc Interim Dividend 2010 Exchange Ra...

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: [phone]

 Arturo Espinola, Head of Investor Relations



 Mexico City Office

 Gabriela Mayor                                Tel: [phone]



 JPMorgan Cazenove                             Tel: [phone]

 Ian Hannam

 Ben Davies



 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 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.



[HUG#1439365]








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Source: Fresnillo Plc via Thomson Reuters ONE