Silvercorp Announces Dividend of CAD$0.025

Silvercorp Announces Dividend of CAD$0.025 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/13/12 -- Silvercorp
Metals Inc. (TSX:SVM)(NYSE:SVM) ("Silvercorp" or the "Company") today
announced that its Board of Directors has declared a quarterly
dividend of CAD$0.025 per share to be paid on or before January 21,
2013 to shareholders of record at the close of business on December
31, 2012. The dividends are considered eligible dividends for
Canadian tax purposes. 
About Silvercorp 
Silvercorp is a low-cost silver-producing Canadian mining company
with multiple mines in China which has paid a cash dividend since
2007. The Company is currently developing the GC project in southern
China which it expects will become its next operating mine in early
2013. The Company's vision is to deliver shareholder value by
focusing on the acquisition of small-scale projects with resource
potential and self-fund the growth of those assets. For more
information, please visit our website at
Silvercorp Metals Inc.
Jonathan Hackshaw
Director, Investor Relations
(604) 669-9397 or Toll Free: 1-888-224-1881
(604) 669-9387 (FAX)
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