Smith & Wesson Holding Corporation Expands Stock Repurchase Program

     Smith & Wesson Holding Corporation Expands Stock Repurchase Program

PR Newswire

SPRINGFIELD, Mass., Dec. 27, 2012

SPRINGFIELD, Mass., Dec. 27, 2012 /PRNewswire/ --Smith & Wesson Holding
Corporation (NASDAQ Global Select: SWHC), a leader in firearm manufacturing
and design, today announced that its Board of Directors has authorized an
additional $15.0 million for common stock repurchases through June 30, 2013.

On December 6, 2012, the company announced that its Board of Directors
approved a program to repurchase up to $20.0 million of the company's
outstanding shares of common stock from time to time until June 30, 2013. The
company has subsequently repurchased all of the initially authorized $20.0
million of common stock.

The amount and timing of any repurchases will depend on a number of factors,
including price, trading volume, general market conditions, legal
requirements, and other factors. Any shares of common stock repurchased under
the program will be considered issued but not outstanding shares of the
company's common stock. The company expects to fund the repurchase program
using the company's cash on hand and working capital.

About Smith & Wesson
Smith & Wesson Holding Corporation (NASDAQ Global Select: SWHC) is a
U.S.-based leader in firearm manufacturing and design, delivering a broad
portfolio of quality firearms, related products, and training to the global
military, law enforcement, and consumer markets. The company's brands include
Smith & Wesson®, M&P™ and Thompson/Center Arms. Smith & Wesson facilities are
located in Massachusetts and Maine. For more information on Smith & Wesson,
call (800) 331-0852 or log on to www.smith-wesson.com.

Safe Harbor Statement
Certain statements contained in this press release may be deemed to be
forward-looking statements under federal securities laws, and we intend that
such forward-looking statements be subject to the safe-harbor created
thereby. Such forward-looking statements include future repurchases of our
common stock under our stock repurchase program, including the amount, time,
and manner of repurchases, if any. We caution that these statements are
qualified by important factors that could cause actual results to differ
materially from those reflected by such forward-looking statements. Such
factors include risks that are detailed from time to time in our reports filed
with the SEC, including our Form 10-K Report for the fiscal year ended April
30, 2012.

Contacts:
Liz Sharp, VP Investor Relations
Smith & Wesson Holding Corp.
lsharp@smith-wesson.com

SOURCE Smith & Wesson Holding Corporation

Website: http://www.smith-wesson.com