Lepanto Consolidated Mining Company

© 2008 LEPANTO CONSOLIDATED MINING COMPANY.
ALL RIGHTS RESERVED.

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	Elected Directors and SGV reappointed by-laws

	LCMC Definitive Information Statement for Annual Stockholders' Meeting

	Lepanto upheld by the Supreme Court in the case "Lepanto Consolidated Mining Company vs. NM Rothshild & Sons (Australia) Limited

	Letter to PSE; RE: ASM & Nomination of Ind Dirs

LEPANTO CELEBRATES 75 YEARS OF
RESPONSIBLE MINING

Lepanto Consolidated Mining Company was established in 1936. 2011 marks the company's 75th year in the business.

Lepanto a Filipino primary gold producer. The Lepanto mines are located in Mankayan, Benguet where the Company has about a thousand employees.

From 1948 to 1996, Lepanto's Enargite operations produced 1.58 billion pounds of copper, 2.9 million ounces of gold and 12.0 million ounces of silver, recovered from 34.4 million MT of ore averaging 2.2% Cu and 3.5 g/t Au. Lepanto suspended its Enargite operations in 1996 and in 1997 commenced its Victoria gold operations. Lepanto presently operates the Victoria and Teresa deposits, from which it has produced over 1. 2 million ounces of gold.

MESSAGES FROM

Lepanto has a 60% interest in Far Southeast Gold Resources, Inc. which owns the Far Southeast Project, a world-class, high-grade gold and copper porphyry deposit. Lepanto is looking to develop the Far Southeast Project through a partnership with Gold Fields Limited of South Africa, one of the biggest gold miners in the world, with whom Lepanto executed an Option and Shareholders' Agreement in September 2010.

Lepanto has been a publicly-listed company since 1947. Its shares are traded on the Philippine Stock Exchange under the symbols LC and LCB and are highly liquid.

Lepanto Consolidated Mining Company is committed to achieving its business objectives with utmost care for the environment and concern for the welfare, safety and health of its employees and host communities.

"I am confident that the contribution of large scale mining to the GDP will steadily increase in the near future. Currently, mining contributes a meager 1.4% of the GDP of the country. With the opening up of the industry and the full support of the government, we expect to realize the full potential of the industry as an engine of growth not only in the host communities but for the entire nation."
� Bryan Yap, Lepanto President and COO

The year 2011 marked several important milestones for your company.

We successfully completed in February 2011 a 1:3.3 stock rights offering which increased the authorized capital from Php 3.35 billion to Php 6.64 billion, raising Php3.015 billion.

The stock rights proceeds enabled us to substantially reduce trade and financial debt and to fund a development program for the upper levels of the Victoria from May to September 2011. Approximately 16 kilometers of internal ramps, level drives and stope development were completed to connect the various mining levels from 900L to 1100L. As a further cost-cutting measure, over 400 employees at the Lepanto Mine Division and head office were retrenched in May, all provided with proper compensation.
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READ THE 2011 ANNUAL REPORT

We commit to conduct our business objectives with utmost care for the environment. We seek to continually integrate safety, health and environmental concerns in all phases of operations. We shall use the best environmental management practices and strive to foster mutually beneficial partnership with host communities.

READ OUR ENVIRONMENTAL POLICIES