Clinton Group Comments on Voting Results at Stillwater Mining Company

Clinton Groupcommented on the certification of election results from the 2013 annualmeeting of shareholders (the "Annual Meeting") at Stillwater Mining Company(NYSE: SWC) ("Stillwater" or the "Company").Clinton noted that its four elected nominees received the highest vote totalsof any of the candidates that were nominated to the Board of Directors (the"Board") and that each won the support of a majority of votes cast at thisyear's Annual Meeting. Clinton also noted that the two next highest votetotals were received by directors who had served on the Board for less thanone year."These election results are a clear message from stockholders that the Companyneeds to chart a difference course, under new leadership," said Gregory P.Taxin, Managing Director of Clinton. "We are pleased that six of the eightdirectors are essentially new to the Board and are confident that there willbe a solid, cohesive majority on the Board to implement the changestockholders have demanded."Clinton further noted that more than 65% of the shares that voted at theAnnual Meeting disapproved of the Company's pay practices in the so-called"say-on-pay" vote. This result promises to be one of the largest rebukes bystockholders this year of any company's executive pay programs and policies."We are grateful for the overwhelming support our nominees received andbelieve the director and say-on-pay voting can be read only one way: as aclear mandate for change," continued Mr. Taxin. "With a new Board, theopportunity exists for a renewed Company. We are enthusiastic about the futureof Stillwater, especially now that it is being guided by the able hands ofthese independent directors."About Clinton Group, Inc.Clinton Group, Inc. is a Registered Investment Advisor based in New York City.The firm has been investing in global markets since its inception in 1991 withexpertise that spans a wide range of investment styles and asset classes.