HOC Hochschild Mining Plc

RNS Number:2726L
Hochschild Mining PLC
08 January 2008



        Hochschild Mining plc (the "Group") appoints Mr Miguel Aramburu
as Chief Executive Officer and Mr Ignacio Bustamante as Chief Operating Officer


The Board of Directors of Hochschild Mining plc yesterday approved the
appointment of Mr Miguel Aramburu as Chief Executive Officer (CEO) of the Group.
Mr Aramburu, who previously served as Chief Operating Officer, takes up his new
post today, January 8, 2008. Prior to this appointment, the CEO responsibilities
were exercised by Mr Eduardo Hochschild, Executive Chairman. Mr Ignacio
Bustamante, formerly General Manager of Peru, succeeds Mr Aramburu as Chief
Operating Officer.

In his capacity as CEO, Mr Aramburu assumes responsibility for the day-to-day
operations of the Group. As Executive Chairman, Eduardo Hochschild remains
responsible for developing the Group's vision and long-term corporate strategy
as well as leading the Board.

Mr Aramburu joined the Hochschild Mining Group in 1995, when he was appointed
General Manager of Compania Minera Pativilca, a previous subsidiary of the
Group. He was appointed Chief Financial Officer of the Hochschild Mining Group
in 2002 and General Manager of the Mining Division in 2005. Most recently, Mr
Aramburu served as Chief Operating Officer of the Group. Mr. Aramburu graduated
from the Pontificia Universidad Catolica del Peru in 1987 in Industrial
Engineering and holds an MBA from Stanford University.

Mr Bustamante joined the Hochschild Mining Group in 1992. Prior to his current
position, he worked for Zemex Corporation, a subsidiary of Cementos Pacasmayo
based in Atlanta, Georgia, serving first as Chief Financial Officer and Vice
President of Business Development and later as its President. Mr Bustamante
holds a BSc in Business and a BSc in Accounting from Universidad del Pacifico in
Peru and an MBA from Stanford University.

Eduardo Hochschild, Executive Chairman of Hochschild Mining plc, commented

"I am pleased to announce the appointments of Miguel Aramburu as Chief Executive
Officer and Ignacio Bustamante as Chief Operating Officer of Hochschild Mining
plc. These appointments represent a new stage in Hochschild's evolution as a
London listed company committed to good corporate governance. The new
organisational structure enables us to manage more effectively our business on a
day-to-day basis in the context of our long-term strategy of creating value for
our shareholders."

Enquiries:
Hochschild Mining plc
Wray Barber                                             +44 (0)20 7152 6014
Head of Investor Relations

Finsbury
Robin Walker                                            +44 (0)20 7251 3801
Public Relations

About Hochschild Mining plc

Hochschild Mining plc (HOCM.L for Reuters / HOC LN for Bloomberg) is a leading
precious metals company listed on the London Stock Exchange 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.

For further information please visit www.hochschildmining.com

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