Shareholder Clinton Group Responds to Stillwater Mining Statements

Clinton Group, a stockholder of Stillwater Mining Company

("Stillwater" or "Company"), that is seeking to replace the existing Stillwater board with independent professionals, responded today to Stillwater's misleading press release about settlement discussions. Clinton noted that it has made multiple, specific proposals for settlement of the proxy contest all of which would have resulted in the Clinton nominees having less than a majority of the board, continuity of directors and institutional knowledge and the appointment of new, unaffiliated directors who were suggested by large Stillwater stockholders. The Company has seemingly accepted several of these offers, only to later renege on those seemingly accepted agreements later. Most recently, Stillwater has been unavailable for more than 24 hours to discuss a settlement and made a vague offer less than 5 minutes before the Clinton principals were, as the Company knew, scheduled to board planes to attend the annual meeting in a remote part of Montana. Within 30 minutes of the plane departing, Stillwater put out a press release, knowing the Clinton team could not easily respond. The latest Company proposal was clearly unworkable-providing for a four-four deadlocked board, with the incumbent contingent