QUANTUMONLINE.COM SECURITY DESCRIPTION:  Hecla Mining Co., 6.50% Mandatory Convertible Preferred Stock, liquidation preference $100 per share. The preferred shares are mandatorily convertible on 1/1/2011 into a variable number of Hecla Mining Co. (NYSE: HL) common shares based on the then current price of the common shares for 20 consecutive trading days immediately prior to the conversion date. The conversion settlement rate will be 8.4502 shares per unit if the then current market price is equal to or greater than $11.83 and 10.3093 shares per unit if the market price is equal to or less than $9.70. For market prices between those values the settlement rate will be $100 divided by the market value. The last reported sale price of the common stock on 12/12/2007 was $9.70 per share. The preferred shares are convertible any time at the holder’s option into 8.4502 shares of common stock. The preferred shares are convertible at a cash acquisition conversion rate in the event of a cash acquisition of the company prior to 1/1/2011. Cumulative distributions of 6.50% ($6.50) per annum will be paid quarterly on 1/1, 4/1, 7/1 & 10/1 to holders of record on the record date of 12/15, 3/15, 6/15 & 9/15 respectively. Dividends paid by the preferred are eligible for the 15% tax rate on dividends under normal holding restrictions and are also eligible for the dividends received deduction for corporate holders (see page S-46 of the prospectus for further information). In regard to the payment of dividends and upon liquidation, the preferred shares rank equally with other preferreds of the company and senior to the common shares of the company. See the IPO prospectus for further information on the mandatory convertible preferred stock and their mandatory conversion provisions by clicking on the ‘Link to IPO Prospectus’ provided below.

Stock Exchange	Cpn Rate Ann Amt	LiqPref CallPrice	Call Date Matur Date	Moodys/S&P Dated	Conversion Shares@Price	Distribution Dates	15% Tax Rate
NYSE Chart	6.50% $6.5	$100.00 N/A	1/01/2011 1/01/2011	WR NF 10/23/2010	8.4502@$11.83+ 10.3093@$9.70-	1/1, 4/1, 7/1 & 10/1 Click for MW ExDiv Date Click for Yahoo ExDiv Date	YES

Notes:  December 31, 2009 -- On December 1, 2009, Hecla Mining Company announced that its Board of Directors had elected to declare and pay all dividends in arrears and the next scheduled quarterly dividend for each of its outstanding series of preferred stock. The Hecla Series B Cumulative Convertible Preferred Stock will be paid in cash for the dividends in arrears of $3.50 per share and the regular quarterly dividend of $0.875 per share, for a total amount of approximately $0.7 million. There are a total of 157,816 shares of Series B Cumulative Convertible Preferred Stock outstanding. For Hecla’s 6.5% Mandatory Convertible Preferred Stock, the dividends in arrears of $6.50 per share and the regularly quarterly dividend of $1.625 per share will be paid in 1.3175 shares of Hecla’s common stock per share of Mandatory Convertible Preferred Stock, for a total amount of approximately $16.4 million in Hecla common stock (with cash for fractional shares). The value of the shares of common stock issued as dividends was calculated at 97% of the average of the closing prices of Hecla common stock over the five consecutive trading day period ending on the second trading day immediately preceding the dividend payment date of January 4, 2010. There will be no fractional shares issued, so a cash adjustment will be paid to each holder that would be entitled to a fraction of a share of common stock (based on a price of $6.36 per share of common stock, the average of the closing prices of Hecla common stock over the five consecutive trading day period ending on the second trading day immediately preceding the dividend payment date). ____________ December 5, 2008 -- Hecla Mining Company today announced that in the interest of cash conservation, the January 1, 2009, quarterly payment of dividends to the holders of both the Hecla Series B Cumulative Convertible Preferred Stock and the Series C Mandatory Convertible Preferred Stock will be deferred. Hecla's common stock is currently below the minimum price needed ($3.395 per share) to pay the Series C preferred dividend in common stock without incurring an additional cash outlay.

Company's Online Information Links

HOME PAGE:     http://www.hecla-mining.com/
Company's Investor Relations Information	Go to Investor Relations Information
Company's Online News Releases (Link to Company's Business Wire News Release page)	Go to News Releases
Online Company Profile	Go to Online Profile

Company's Online SEC EDGAR Filings

Company's SEC EDGAR Filings

Go to SEC Filings

Company's Email Address Links

Inv Rel Email Address	vveltkamp@hecla-mining.com
General Email Address	hmc-info@hecla-mining.com

Address and Phone Numbers

Address:   6500 Mineral Drive, Coeur d'Alene, ID 83815
Main Phone Number	208-769-4100
Fax Number	208-769-7612
Investor Relations   Vicki J. Veltkamp	208-769-4128
Toll Free Phone Number	Unknown

CEO - Phillips S. Baker, Jr.

CFO - Lewis E. Walde