Mr. Keith Neumeyer reports

FIRST MAJESTIC ANNOUNCES ELECTION OF DIRECTORS

First Majestic Silver Corp. has released the voting results for the election of its board of directors at its annual general meeting held on May 21, 2015.

A total of 65,533,420 shares were represented at the meeting, being 55.73 per cent of the company's issued and outstanding common shares. Shareholders voted in favour of all matters brought before the meeting, and detailed results of the ballot vote for the election of directors are set out in an attached table.

                           ELECTION OF DIRECTORS

Director nominee    Non-votes   Votes for  % for  Votes withheld  % withheld

Keith Neumeyer     24,067,012  41,199,983  99.36         266,425        0.64
Ramon Davila       24,067,012  41,206,535  99.37         259,873        0.63
Douglas Penrose    24,067,012  41,191,160  99.34         275,248        0.66
Robert McCallum    24,067,012  41,116,498  99.16         349,910        0.84
Tony Pezzotti      24,067,012  41,121,209  99.17         345,199        0.83
David Shaw         24,067,012  41,200,115  99.36         266,293        0.64

Executive compensation advisory vote

The advisory resolution on the company's approach to executive compensation as outlined in the circular was approved by a ballot vote, as set out in an attached table.

Non-votes       Votes for       % for      Votes withheld    % withheld

24,067,013     35,509,744       85.63           5,956,663         14.37

We seek Safe Harbor.