Updated Share Notification

Hochschild Mining PLC
22 November 2006


Hochschild Mining plc

The following statement replaces that Notification of Shares announcement 
released at 09.28am on 22 November 2006.

NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of listed company

Hochschild Mining PLC

2. Name of shareholder having a major interest

Merrill Lynch International Investment Fund

3. Please state whether notification indicates that it is regarding the holding
of the shareholder named in 2 above; in respect of a non beneficial interest; or
in the case of an individual holder if it is a holding of that person's spouse
or children under the age of 18

In (2) above

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them

Registered holder not disclosed

5. Number of shares / amount of stock acquired

100,000

6 Percentage of issued class (any treasury shares held by the listed company
should not be taken into account when calculating percentage)

0.03%

7. Number of shares / amount of stock disposed

N/a

8 Percentage of issued class (any treasury shares held by the listed company
should not be taken into account when calculating percentage)

N/a

9. Class of security

Ordinary shares of 25 pence

10. Date of transaction

20 November 2006

11. Date listed company informed

21 November 2006

12. Total holding following this notification

15,400,000

13. Total percentage holding of issued class following this notification (any
treasury shares held by the listed company should not be taken into account when
calculating percentage)

5.00%

14. Any additional information

Notification issued to the Company by BlackRock Investment Management (UK) 
Limited.

15. Name of contact and telephone number for queries

Chris Stamp, [phone]

16. Name and signature of duly authorised officer of the listed company
responsible for making this notification

Chris Stamp, Authorised Representative, Prism CoSec Ltd, Company Secretary






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