Clinton Group Offers Letter to Imation Holders

Today, Clinton Group, Inc. ("Clinton Group"), a stockholder of Imation Corp. ("Imation" or the "Company") IMN, issued an open letter to shareholders of Imation Corp. Clinton Group is seeking shareholder support to elect its nominees for the Company's Class I slate of Directors. "We are disappointed that the Company and its host of advisors (Houlihan Lokey, ICR, Innisfree and Dorsey & Whitney) have chosen the manner in which to debate the future of Imation evident in their shareholder letter this morning. We look forward to a referendum from shareholders regarding change that we believe is clearly warranted, and our nominees look forward to collaborating with the continuing Directors of the Company in a productive and professional manner," said Joseph A. De Perio, Senior Portfolio Manager at Clinton Group.