Hochschild Mining plc

(the "Company")

Conversion Rate for 2016 Interim Dividend

Further to the half-yearly results' announcement on 16 August 2016, the Directors of the Company have determined that the exchange rate to be applied to the 2016 interim dividend is US$1:£0.75904.

Accordingly, the sterling equivalent of the 2016 interim dividend is 1.0509 pence per Ordinary Share which will be paid on 22 September 2016 to those shareholders appearing on the register on 2 September 2016.

R Bhasin

Company Secretary

Tel: +44 (0) 20 3714 9040