Hochschild Mining plc to acquire additional stake in EXMIN Resources Inc.

    LONDON, Dec. 6 /CNW/ - Hochschild Mining Holdings Limited (a subsidiary
of Hochschild Mining plc) ("Hochschild Mining") announced today that it has
agreed to purchase, on a private placement basis, an additional 2,736,318
common shares of EXMIN Resources Inc. ("EXMIN"), representing approximately
3.05% of the currently issued and outstanding shares of EXMIN, at a price of
$0.40 per share for gross proceeds of Cdn $1,094,527 (the "Offering"). Upon
completion of the transaction, Hochschild will own, directly and indirectly,
18,387,487 (approximately 19.87%) of the issued and outstanding shares of
EXMIN, based upon publicly available information.
    The Offering, which is expected to close on or about December 14, 2007,
is subject to receipt of all necessary approvals, including the approval of
the TSX Venture Exchange.
    The common shares of EXMIN are being acquired by Hochschild Mining for
investment purposes only. Hochschild Mining may from time to time acquire
additional common shares of EXMIN, dispose of some or all of its existing or
additional common shares of EXMIN, or continue to hold the common shares of
EXMIN in the normal course of Hochschild Mining's investment activities,
subject to applicable securities laws.

    About Hochschild Mining plc

    Hochschild Mining plc (HOC.L for Reuters/HOC LN for Bloomberg) is a
publicly held company listed on the London Stock Exchange. Hochschild is a
leading precious metals company with a primary focus on the exploration,
mining, processing and sale of silver and gold. Hochschild currently operates
five underground epithermal vein mines, four located in southern Peru and one
in southern Argentina and one open pit mine in northern Mexico. Hochschild
also has one early stage development project in Mexico and fifteen long-term
prospects throughout Latin America. Hochschild has over forty years experience
in the mining of precious metal epithermal vein deposits.

    Additional information is also available at www.hochschildmining.com

For further information:

For further information: For a copy of the Early Warning Report and for
further information contact: Wray Barber, + 44 (0) 20 7152 6014, Head of
Investor Relations, Hochschild Mining plc, 1 Grosvenor Crescent, London,
United Kingdom, SWKX7EF

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