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Stillwater Mining Company Fatal Accident Update

STILLWATER MINING COMPANY (NYSE: SWC) (TSX: SWC.U) (the "Company") previously reported that a fatal accident occurred at the Company's Stillwater Mine. Dale Alan Madson, 42, a Leadman Operator employed at Stillwater since April 2008, was fatally injured yesterday afternoon while working on the 3800 level of the mine. The accident is being investigated by the Company and representatives from the Federal Mine Safety and Health Administration. Mr. Madson's family has been notified. Mining operations were suspended following the incident and will resume with the evening shift today.

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 Company can be found at its Web site: www.stillwatermining.com.