Fortuna Adopts Advance Notice Policy and Majority Voting Policy

Fortuna Silver Mines Inc. (the "Company")
(NYSE:FSM)(TSX:FVI)(BVLAC:FVI)(FRANKFURT:F4S) announces that its Board of
Directors (the "Board") has adopted an Advance Notice Policy and a Majority
Voting Policy with respect to the election of directors. 


The purpose of the Advance Notice Policy is to provide shareholders, directors
and management of the Company with a clear framework for nominating persons for
election as directors of the Company. No person will be eligible for election
unless nominated in accordance with the Advance Notice Policy. 


The Advance Notice Policy was adopted to further the Company's commitments to:
(i) facilitating an orderly and efficient process for holding annual general or,
where the need arises, special shareholder meetings; (ii) ensuring that
shareholders receive adequate advance notice of director nominations and
sufficient information regarding all director nominees; and (iii) allowing
shareholders to register an informed vote on director elections. 


The Advance Notice Policy requires advance notice to the Company where
nominations of persons for election to the Board are made by shareholders. The
Advance Notice Policy fixes a deadline by which nominations of potential
directors must be submitted to the Company prior to any annual or special
meeting of shareholders and sets forth the information that must be included in
the notice to the Company. 


Notice to the Company of nominations of potential directors must be made not
less than 30 days and not more than 65 days prior to the date of the shareholder
meeting; however, if the shareholder meeting is to be held on a date that is
less than 50 days after the date on which the first public announcement of the
date of the meeting was made, notice may be made not later than the close of
business on the 10th day following such public announcement. 


Pursuant to the terms of the Advance Notice Policy, the Company will seek
shareholder ratification of the Policy at its next annual meeting of
shareholders. If the Advance Notice Policy is not ratified at the next annual
meeting of the Company's shareholders, the Advance Notice Policy will terminate
and be of no further force and effect following the termination of the
shareholder meeting. 


The full text of the Advance Notice Policy is available under the Company's
profile at www.sedar.com. 


The Company also announces that the Board has adopted a Majority Voting Policy
with respect to the election of directors in uncontested elections. The Majority
Voting Policy provides that in the instance of a nominee receiving more
"withheld" than "for" votes, such nominee will be required to promptly submit
his or her resignation to the Chair of the Board for consideration. The
Corporate Governance and Nominating Committee shall consider the resignation and
provide a recommendation to the Board of whether to accept or reject the
resignation. The Board shall review the Corporate Governance and Nominating
Committee's recommendation and announce its decision via press release. The
Board will accept the resignation except in situations where exceptional
circumstances would warrant the director continuing to serve on the Board.


Fortuna Silver Mines Inc. 

Fortuna is a growth oriented, silver and base metal producer focused on mining
opportunities in Latin America. Our primary assets are the Caylloma silver mine
in southern Peru and the San Jose silver-gold mine in Mexico. The company is
selectively pursuing additional acquisition opportunities throughout the
Americas. For more information, please visit our website at
www.fortunasilver.com. 


ON BEHALF OF THE COMPANY 

Jorge A. Ganoza, President, CEO and Director 

Fortuna Silver Mines Inc.

Trading symbols: NYSE: FSM / TSX: FVI / BVLAC: FVI / Frankfurt: F4S 

Forward-Looking Statements 

This news release contains forward-looking statements which constitute
"forward-looking information" within the meaning of applicable Canadian
securities legislation and "forward-looking statements" within the meaning of
the "safe harbor" provisions of the Private Securities Litigation Reform Act of
1995. Forward-looking statements are statements that are not historical facts
and that are subject to a variety of risks and uncertainties which could cause
actual events or results to differ materially from those reflected in the
forward-looking statements. When used in this document, the words such as
"anticipates ", "believes ", "plans ", "estimates ", "expects ", "forecasts ",
"targets ", "intends ", "advance ", "projects ", "calculates " and similar
expressions are forward-looking statements. 


The forward-looking statements are based on an assumed set of economic
conditions and courses of actions, including estimates of future production
levels, expectations regarding mine production costs, expected trends in mineral
prices and statements that describe Fortuna's future plans, objectives or goals.
There is a significant risk that actual results will vary, perhaps materially,
from results projected depending on such factors as changes in general economic
conditions and financial markets, changes in prices for silver and other metals,
technological and operational hazards in Fortuna's mining and mine development
activities, risks inherent in mineral exploration, uncertainties inherent in the
estimation of mineral reserves, mineral resources, and metal recoveries, the
timing and availability of financing, governmental and other approvals,
political unrest or instability in countries where Fortuna is active, labor
relations and other risk factors. 


Although Fortuna has attempted to identify important factors that could cause
actual results to differ materially from those contained in forward-looking
statements or information, there may be other factors that cause results to be
materially different from those anticipated, described, estimated, assessed or
intended. There can be no assurance that any forward-looking statements or
information will prove to be accurate as actual results and future events could
differ materially from those anticipated in such statements or information.
Accordingly, readers should not place undue reliance on forward-looking
statements or information.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Fortuna Silver Mines Inc.
Carlos Baca
Investor Relations:
T (Peru): +51.1.616.6060, ext. 0
www.fortunasilver.com
Fortuna Silver Mines (TSX:FVI)
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