REG - Fresnillo Plc - Conversion Rate for Interim Dividend
28 Grosvenor Street
London W1K 4QR
22 August 2012
Conversion Rate for Interim Dividend
Further to the interim announcement of half year results released on 31 July 2012, the directors of Fresnillo plc ("the Company") have determined that the exchange rate to be applied to the 2012 interim dividend is 1.5785 US$/GB£. The sterling equivalent of the interim dividend of 15.50 US cents per share announced at the time of the interim announcement will be 9.8194 pence per share.
The interim dividend will be paid on 11 September 2012 to shareholders on the register on 17 August 2012.
For further information, please visit our website: www.fresnilloplc.com or contact:
London Office Tel: +44 (0)20 7399 2470
Gabriela Mayor, Head of Investor Relations
Brunswick Tel: +44 (0)20 7404 5959
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, Herradura, Soledad-Dipolos and Noche Buena; one satellite mine -San Ramón; two development projects - Saucito II and a dynamic leaching plant to treat high grade gold ore from the Herradura and Soledad-Dipolos mine; and five advanced exploration prospects - San Julián, Centauro Deep, Juanicipio, Orysivo and Las Casas 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'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 500,000 ounces of gold by 2018.
This information is provided by RNS