Fresnillo plc acquisition of shares in MAG Silver

/NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO ANY JURISDICTION
    WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH
    JURISDICTION/TORONTO, LONDON and MEXICO CITY, Sept. 23 /CNW/ - Fresnillo plc, the
world's largest primary silver producer, announces that on 22 September it
acquired 5 million common shares of MAG Silver Corp (TSX: MAG, AMEX: MVG)
("MAG Silver") through the facilities of the Toronto Stock Exchange at a price
of $5.31 Canadian dollars per share. These shares, together with shares
already owned by Fresnillo plc and its affiliate Penoles, total
7,233,593 common shares, and represent approximately 14.7% of MAG Silver's
common shares outstanding, based on MAG Silver's public disclosure. Depending
on market conditions, Fresnillo plc intends to continue to acquire additional
MAG Silver common shares.

For further information: Fresnillo plc, London Office, Octavio Alvidrez,
Head of Investor Relations, Tel: [phone]; Mexico City Office,
Gabriela Mayor, Tel: [phone]; Brunswick, Patrick Handley, Carole
Cable, Tel: [phone]