Fresnillo PLC

Ticker: FNLPF CUSIP: G371E2108 Class: Common Stock

CONFLUENCE INVESTMENT MANAGEMENT LLC's Holding History (CIK: 0001442056)

Note: Option positions (PUT/CALL) are excluded.

Q4 2014

Shares 20,588 Value ($000) $245 Avg Close $9.58 Range $8.77 - $10.47

Q3 2014

Shares 21,371 Value ($000) $263 Avg Close $12.28 Range $9.74 - $14.17

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	20,588	$245	$9.58	$8.77 - $10.47
Q3 2014	21,371	$263	$12.28	$9.74 - $14.17