First Majestic Silver Corp.: 2nd Year Running for Mexican Distinction as a "Socially Responsible Business"

VANCOUVER, BRITISH COLUMBIA, Apr 22 (MARKET WIRE) --
FIRST MAJESTIC SILVER CORP. (TSX: FR)(OTCQX: FRMSF)(FRANKFURT: FMV)(WKN:
A0LHKJ) ("First Majestic" or the "Company") is
pleased to announce that the Centro Mexicano para la Filantropia (CEMEFI)
has once again awarded First Majestic the "Socially Responsible
Business Distinction" award for 2010 (Distintivo Empresa Socialmente
Responsable 2010).

This important recognition marks the second consecutive year that First
Majestic has received this annual award of distinction. This award is
another indication of the Company's commitment to social responsibility
and was granted to First Majestic for its many continuous programs in
place in the areas of responsibility, transparency and sustainability
within its Mexican operations.

The Company accomplished this distinction due to the following relevant
activities in which the Company excelled over the past year:

-- Corporate Governance and Ethical practices,
-- Quality of work within the Company,
-- Relationships with the communities in which the Company operates, and
-- Sustainability, Preservation and Stewardship of the environment.

Mr. Neumeyer, President & CEO stated; "Management at First
Majestic feels strongly that being socially responsible sets the
foundation for high values and principles within the Company and supports
the mission of growth in a sustainable way, taking care of the Company's
most valuable assets, our people and the communities in which we
work."

First Majestic Silver Corp. operates three separate mining units within
Mexico; First Majestic Plata, S.A. de C.V., which owns the La Parrilla
Silver Mine, Minera El Pilon, S.A. de C.V., which owns the San Martin
Silver Mine and Minera La Encantada, S.A. de C.V., which owns the La
Encantada Silver Mine. Each of these units is 100% held by Corporacion
First Majestic, S.A. de C.V., a wholly owned subsidiary based in Durango,
Mexico.

First Majestic is a producing silver company focused in Mexico and is
aggressively pursuing its business plan to become a senior silver
producer through the development of its existing assets and the pursuit
through acquisition of additional assets that contribute to achieving its
corporate growth objectives.

FIRST MAJESTIC SILVER CORP.

Keith Neumeyer, President & CEO

This press release includes certain "Forward-Looking
Statements" within the meaning of section 21E of the United States
Securities Exchange Act of 1934, as amended. All statements, other than
statements of historical fact, included herein, including without
limitation, statements regarding potential mineralization and reserves,
exploration results and future plans and objectives of First Majestic
Silver Corp. are forward-looking statements that involve various risks
and uncertainties. There can be no assurance that such statements will
prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements.

Contacts:
First Majestic Silver Corp.
Keith Neumeyer
President & CEO
(604) 688-3033 or Toll Free: 1-866-529-2807
(604) 639-8873 (FAX)
info@firstmajestic.com
www.firstmajestic.com

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