ITEM 8.01 OTHER EVENTS

Mexico City, April 1st, 2009 - Grupo México, S.A.B. de C.V., or GMéxico, announced that as of March 27, 2009 it became the beneficial owner of 80% of the shares of Common Stock of Southern Copper Corporation, or SCC. GMéxico increased its ownership interest in SCC as a result of SCC's repurchase of shares of Common Stock of SCC pursuant to SCC's existing share repurchase program; and by the purchase of shares of Common Stock of SCC by GMéxico's subsidiary, Americas Mining Corporation, or AMC. Since October 22, 2008, AMC acquired 16.7 million of shares of Common Stock of SCC.

In connection with the share repurchase program, SCC repurchased 33.4 million of shares of Common Stock of SCC. The acquisition of shares of Common Stock will be accretive to the shareholders of SCC.

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