TIDMHOC 
 
RNS Number : 5411N 
Hochschild Mining PLC 
18 February 2009 
 

 
 
 
 
18 February 2009 
 
 Hochschild Mining withdraws offer to Minera Andes 
 
 Hochschild Mining plc ("Hochschild") acknowledges the announcement released 
by Minera Andes Inc. ("MAI") detailing their acceptance of revised terms for the 
private placement to Robert McEwen priced at C$1 per MAI share. 
 
 As a 
consequence, Hochschild has withdrawn its latest offer, dated 16 February 
2009. 
 
 As MAI's JV partner and operator of the San Jos� mine, Hochschild 
is pleased that Minera Andes has resolved its current financing issues (subject 
to TSX approval) and that the San Jos� asset will be timely funded. 
 
 
 Roberto Da�ino, Deputy Chairman of Hochschild Mining, commented: 
 
 
 "We are pleased that MAI will be able to meet its current financial 
obligations and that the terms of the refinancing have been improved to the 
benefit of all shareholders. We look forward to working with Minera Andes to 
continue to develop the operation and realise its full potential". 
 
 
_____________________________________________________________________ 
 
 
Enquiries: 
 
 
Hochschild Mining plc 
Isabel L�tgendorf     +44 (0)20 7907 2934 
Head of Investor Relations 
 
 
Ignacio Rosado+511 437 6007 
Chief Financial Officer 
 
 
Finsbury 
Robin Walker+44 (0)20 7251 3801 
Public Relations 
 
 
About Hochschild Mining plc: 
 
 
Hochschild Mining plc is a leading precious metals company listed on the London 
Stock Exchange (HOCM.L for Reuters / HOC LN for Bloomberg) with a primary focus 
on the exploration, mining, processing and sale of silver and gold. Hochschild 
has over forty years experience in the mining of precious metal epithermal vein 
deposits and currently operates five underground epithermal vein mines, four 
located in southern Peru, one in southern Argentina and one open pit mine in 
northern Mexico. Hochschild also has over sixteen long-term prospects throughout 
the Americas. 
 
 
Certain statements in this announcement are or may be forward looking statements 
regarding Hochschild Mining plc's financial position and results, business 
strategy, production, plans and objectives. By their nature, all forward-looking 
statements involve risk and uncertainty because they relate to future events and 
circumstances which are beyond the Group's control. As a result, the Group's 
actual future financial condition, performance and results may differ materially 
from the plans, goals and expectations set forth in such forward-looking 
statements. Except as required by applicable law or regulation, the Group does 
not undertake any obligation to update or change any forward-looking statements 
contained in this announcement or any other forward-looking statement it may 
make. 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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