Mr. Keith Neumeyer reports

FIRST MAJESTIC TO LIST ON THE MEXICAN STOCK EXCHANGE

First Majestic Silver Corp.'s common shares have been authorized for listing on the Mexican Stock Exchange (Bolsa Mexicana de Valores). The company expects the shares to begin trading on the BMV on Monday, Aug. 25, 2014, under the trading symbol AG. The company will retain its primary listings on the Toronto Stock Exchange and the New York Stock Exchange under the trading symbols FR and AG, respectively.

"As one of Mexico's largest primary silver producers and mining employers, we look forward to our upcoming listing on the Mexican Stock Exchange," said Keith Neumeyer, president and chief executive officer of the company. "The BMV listing will strengthen our exposure in Mexico, reaching the largest institutional investors in the country in addition to allowing retail investors to invest directly with Mexican pesos rather than being forced to convert their home currency to U.S. or Canadian dollars. We look forward to building a long-lasting relationship with one of Latin America's largest stock exchanges."

We seek Safe Harbor.