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:

For further information: Fresnillo plc, London Office, Octavio Alvidrez,
Head of Investor Relations, Tel: +44(0)20 7399 2470; Mexico City Office,
Gabriela Mayor, Tel: +52555 279 3203; Brunswick, Patrick Handley, Carole
Cable, Tel: +44(0)20 7404 5959

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Fresnillo plc

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