Stillwater Mining acknowledge Clinton Group's intent to nominate directors Stillwater Mining confirmed that Clinton Group, 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 shareholders. The date for the 2013 Annual Meeting has not yet been announced.
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