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Re:   News Releases - Monday, December 23, 2013
      First Majestic Announces Retirement of Robert Young from Board of
      Directors
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First Majestic Silver Corp. ("First Majestic" or the "Company")
announced today that Mr. Robert Young, P. Eng., plans to retire from
the Board of Directors on December 31, 2013.  Mr. Young, a director of
the Company since September 7, 2006, decided to retire to devote more
time to his family and other personal responsibilities. 
"We thank Robert for his long-term contribution to First Majestic and
for sharing his geological expertise with the Board over the past seven
years," said Keith Neumeyer, CEO and President of First Majestic
Silver.
"It has been a very satisfying experience and a pleasure to have
participated in the success and growth of the Company, under the
direction of a group of dedicated and talented people," said Mr. Young.
 "I am confident that First Majestic will achieve even greater success
in the future and wish to extend my best wishes to management and the
Board as well as all the staff."
First Majestic is a mining company focused on silver production in
M�xico and is aggressively pursuing its business plan of becoming a
senior silver producer through the development of its existing mineral
property assets and the pursuit through acquisition of additional
mineral assets which contribute to the Company achieving its aggressive
corporate growth objectives.
FOR FURTHER INFORMATION contact info@firstmajestic.com, visit our
website at www.firstmajestic.com or call our toll free number
1.866.529.2807.
FIRST MAJESTIC SILVER CORP.

"signed"
Keith Neumeyer,
President & CEO

Cautionary Note Regarding Forward Looking Statements
This press release contains "forward-looking statements", within the
meaning of the United States Private Securities Litigation Reform Act
of 1995 and applicable Canadian securities legislation, concerning the
business, operations and financial performance and condition of First
Majestic Silver Corp.  Forward-looking statements include, but are not
limited to, statements with respect to the future price of silver and
other metals, the estimation of mineral reserves and resources, the
realization of mineral reserve estimates, the timing and amount of
estimated future production, costs of production, capital expenditures,
costs and timing of the development of new deposits, success of
exploration activities, permitting time lines, hedging practices,
currency exchange rate fluctuations, requirements for additional
capital, government regulation of mining operations, environmental
risks, unanticipated reclamation expenses, timing and possible outcome
of pending litigation, title disputes or claims and limitations on
insurance coverage.  Generally, these forward-looking statements can be
identified by the use of forward-looking terminology such as "plans",
"expects" or "does not expect", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates" or "does not
anticipate", or "believes", or variations of such words and phrases or
state that certain actions, events or results "may", "could", "would",
"might" or "will be taken", "occur" or "be achieved".  Forward-looking
statements are subject to known and unknown risks, uncertainties and
other factors that may cause the actual results, level of activity,
performance or achievements of First Majestic Silver Corp. to be
materially different from those expressed or implied by such
forward-looking statements, including but not limited to: risks related
to the integration of acquisitions; risks related to international
operations; risks related to joint venture operations; actual results
of current exploration activities; actual results of current
reclamation activities; conclusions of economic evaluations; changes in
project parameters as plans continue to be refined; future prices of
metals; possible variations in ore reserves, grade or recovery rates;
failure of plant, equipment or processes to operate as anticipated;
accidents, labour disputes and other risks of the mining industry;
delays in obtaining governmental approvals or financing or in the
completion of development or construction activities, as well as those
factors discussed in the section entitled "Description of the Business
- Risk Factors" in First Majestic Silver Corp.'s Annual Information
Form for the year ended December 31, 2012, available on www.sedar.com,
and Form 40-F on file with the United States Securities and Exchange
Commission in Washington, D.C.  Although First Majestic Silver Corp.
has attempted to identify important factors that could cause actual
results to differ materially from those contained in forward-looking
statements, there may be other factors that cause results not to be as
anticipated, estimated or intended.  There can be no assurance that
such statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements.  Accordingly, readers should not place undue reliance on
forward-looking statements.  First Majestic Silver Corp. does not
undertake to update any forward-looking statements that are
incorporated by reference herein, except in accordance with applicable
securities laws.

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Copyright (c) 2013 FIRST MAJESTIC SILVER CORP. (TSX: FR)  All rights
reserved.  For more information visit our website at
http://www.firstmajestic.com/ or send mailto:service@firstmajestic.com
Message sent on Mon Dec 23, 2013 at 3:01:59 PM Pacific Time
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