Stillwater Mining Company Announces Retirement of Frank McAllister

Stillwater Mining Company Announces Retirement of Frank McAllister 
BILLINGS, MT -- (Marketwired) -- 06/07/13 --   STILLWATER MINING
COMPANY (NYSE: SWC) (TSX: SWC.U) reported today that Frank
McAllister, the Company's Chief Executive Officer, has announced his
retirement from the Company. 
Mr. McAllister joined Stillwater Mining Company in February of 2001
as the Company's Chief Executive Officer and Chairman of the Board of
Directors. Mr. McAllister was responsible for listing Stillwater
Mining Company on the New York Stock Exchange. Under his leadership
the Company's safety performance improved significantly and his
proactive, collaborative approach to environmental compliance allowed
the Company to achieve environmental excellence and maintain solid
relationships with interest groups. His insights and knowledge of the
PGM industry have proven invaluable for the advancement of the
business. Under his direction the Company expanded their cutting-edge
analytical laboratory. Mr. McAllister is also responsible for
establishing and expanding the Company's recycling business and under
his leadership the Company survived exceptionally difficult financial
conditions created by low commodity prices in the periods 2002-2004
and again in 2008-2010. 
Commenting on Mr. McAllister's departure, Brian Schweitzer, the
Company's Chairman of the Board, observed, "Frank's commitment and
dedication to the Company's success is evidenced by Montana's
position for continued growth and expansion. His dynamic leadership
has built strong relationships within the industry and special
interest groups. His support of the local communities and employees
will leave a lasting impact. We at Stillwater will miss him and wish
him all the best in his retirement." 
Terrell I. Ackerman, Vice President of Corporate Development for the
Company, has agreed to serve as the interim Chief Executive Officer
of the Company. Mr. Ackerman served as the Vice President, General
Manager of East Boulder Operations. He was Vice President - Planning
& Process Operations from March of 2002 to November 2008. Mr.
Ackerman joined the Company in March 2000 as Director of Corporate
Planning after two years as an independent consultant. During 1998
and 1999, Mr. Ackerman conducted feasibility studies, operational and
mine planning reviews for various underground operations. Prior to
this time, Mr. Ackerman was Vice President and General Manager of BHP
Copper's San Manuel Operation in Arizona. Mr. Ackerman held
increasing roles of accountability for Magma Copper Company, starting
as an underground engineer in training in 1976. Mr. Ackerman received
a Bachelor of Science degree in Mine Engineering from the University
of Idaho College of Mines. 
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 can be found at its website: 
Mike Beckstead 
(406) 373-8971 
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