Stabilisation Notice

Hochschild Mining PLC
04 December 2006




THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY OR
INDIRECTLY IN OR INTO THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA.

                             Hochschild Mining plc

                              Stabilisation Notice

Pursuant to Article 9(3) of Commission Regulation (EC) No. 2273/2003
implementing the Market Abuse Directive (2003/6/EC), and MAR2 2.3.5 (3) of the
Financial Services Authority Code of Market Conduct JPMorgan Cazenove Limited
(Greg Bennett; Telephone: [phone]) hereby gives notice that the
Stabilising Manager named below undertook stabilisation (within the meaning of
the rules of the Financial Services Authority) in relation to the offer of the
following securities, as set out below.

Issuer: Hochschild Mining plc

Securities: Ordinary shares 25p

Description of offer: Equity Offering

Offer price: 350p

Stabilising Manager: JPMorgan Cazenove Limited

Stabilisation period: From 3rd November 2006 to 1st December 2006

Stabilisation started: 8th November 2006

Stabilisation last occurred: 9th November 2006

For each of the dates during which stabilisation transactions were carried out,
the price range was as follows:
Date                         Lowest price            Highest price
8th November 2006                350p                    350p

9th November 2006                350p                    350p

This announcement is for information purposes only and does not constitute an
invitation or offer to underwrite, subscribe for or otherwise acquire or dispose
of any securities of the Issuer in any jurisdiction.

This announcement may not be distributed, directly or indirectly, in or into the
United States, Canada, Australia or Japan. This announcement does not constitute
or form part of an offer to sell or issue, or any solicitation of an offer to
buy or subscribe for, any securities referred to herein. The initial public
offering of ordinary shares in Hochschild Mining plc (the 'Global Offer') and
the distribution of this announcement and other information in connection with
the Global Offer in certain jurisdictions may be restricted by law and persons
into whose possession any document or other information referred to herein comes
should inform themselves about and observe any such restriction. Any failure to
comply with these restrictions may constitute a violation of the securities laws
of any such jurisdiction.

The securities mentioned herein have not been, and will not be, registered under
the U.S. Securities Act of 1933 (the 'Securities Act'), and may not be offered
or sold in the United States (as such term is defined in Regulation S under the
Securities Act) unless they are registered under the Securities Act or pursuant
to an exemption from registration. No public offer of the ordinary shares is
being made in the United States.



                      This information is provided by RNS
            The company news service from the London Stock Exchange

END

                      This information is provided by RNS
            The company news service from the London Stock Exchange