Stillwater Mining Company Acknowledges Clinton Group's Notice of Intent to Nominate Directors

Stillwater Mining Company Acknowledges Clinton Group's Notice of Intent to 
Nominate Directors 
BILLINGS, MT -- (Marketwire) -- 02/25/13 --  Stillwater Mining
Company (NYSE: SWC) (TSX: SWC.U) today confirmed that Clinton Group,
Inc. ("Clinton"), a 1.1% Stillwater shareholder, advised the Company
of its intent to nominate a slate of eight director candidates to
stand for election at the Company's 2013 Annual Shareholders Meeting. 
Stillwater's management and a sub-set of its Board recently met with
Clinton at Clinton's request to discuss their public letter dated
December 20, 2012. Stillwater has separately analyzed the points
raised in Clinton's letter with its Board and outside advisors.
Stillwater notes that Clinton has minimal experience in the mining
industry and has failed to recognize the significant positive
momentum in Stillwater's business. Furthermore, several of Clinton's
proposals are substantially aligned with actions that have been in
progress at Stillwater for some time to ensure that the Company is
ideally positioned to benefit from the positive structural trends in
the PGM market, thereby creating sustainable value for all Stillwater
The date for the 2013 Annual Meeting has not yet been announced. 
About Stillwater Mining Company
 Stillwater Mining Company is the
only U.S. producer of palladium and platinum and is the largest
primary producer of platinum group metals outside of South Africa and
the Russian Federation. The Company's shares are traded on the New
York Stock Exchange under the symbol SWC and on the Toronto Stock
Exchange under the symbol SWC.U. Information on Stillwater Mining
Company can be found at its website:  
Some statements contained in this news release are forward-looking
statements within the meaning of Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended, and, therefore, involve uncertainties or risks that
could cause actual results to differ materially. These statements may
contain words such as "believes," "anticipates," "plans," "expects,"
"intends," "projects", "estimates," "forecast," "guidance," or
similar expressions. These statements are not guarantees of the
Company's future performance and are subject to risks, uncertainties
and other important factors that could cause our actual performance
or achievements to differ materially from those expressed or implied
by these forward-looking statements. Such statements include, but are
not limited to, comments regarding expansion plans, costs, grade,
production and recovery rates, permitting, financing needs, the terms
of future credit facilities and capital expenditures, increases in
processing capacity, cost reduction measures, safety, timing for
engineering studies, and environmental permitting and compliance,
litigation, labor matters and the palladium and platinum market.
Additional information regarding factors, which could cause results
to differ materially from management's expectations, is found in the
section entitled "Risk Factors" in the Company's 2011 Annual Report
on Form 10-K and in subsequent filings with the United States
Securities & Exchange Commission. The Company intends that the
forward-looking statements contained herein be subject to the
above-mentioned statutory safe harbors. Investors are cautioned not
to rely on forward-looking statements. The Company disclaims any
obligation to update forward-looking statements.  
Important Additional Information 
The Company, its directors and certain of its executive officers and
employees may be deemed to be participants in the solicitation of
proxies from shareholders in connection with the Company's 2013
Annual Meeting of Stockholders (the "2013 Annual Meeting"). The
Company plans to file a proxy statement with the SEC in connection
with the solicitation of proxies for the 2013 Annual Meeting (the
"2013 Proxy Statement"). SHAREHOLDERS ARE URGED TO READ THE 2013
INFORMATION. Additional information regarding the identity of these
potential participants, none of whom, other than the Company's Chief
Executive Officer, Francis R. McAllister, owns in excess of 1 percent
of the Company's shares, and their direct or indirect interests, by
security holdings or otherwise, will be set forth in the 2013 Proxy
Statement and other materials to be filed with the SEC in connection
with the 2013 Annual Meeting. Information relating to the foregoing
can also be found in the Company's definitive proxy statement for its
2012 Annual Meeting of Stockholders (the "2012 Proxy Statement"),
filed with the SEC on March 23, 2012. To the extent holdings of the
Company's securities have changed since the amounts printed in the
2012 Proxy Statement, such changes have been or will be reflected on
Statements of Change in Ownership on Form 4 filed with the SEC. 
Shareholders will be able to obtain, free of charge, copies of the
2013 Proxy Statement and any other documents (including the WHITE
proxy card) filed by the Company with the SEC in connection with the
2013 Annual Meeting at the SEC's website (, at the
Company's website ( or by contacting
Mike Beckstead, by phone at (406) 373-8700, by email at or by mail at 1321 Discovery
Drive, Billings, MT 59102. In addition, copies of the proxy
materials, when available, may be requested from the Company's proxy
solicitor, Innisfree M&A Incorporated, 501 Madison Avenue, 20th
Floor, New York, NY 10022 or toll-free at (877) 825−8906. 
Dan Gagnier / Michael Henson
Sard Verbinnen & Co.
(212) 687-8080 
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