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Press release from Marketwire

Sherritt Announces Quarterly Dividend

Wednesday, September 15, 2010

Sherritt Announces Quarterly Dividend11:06 EDT Wednesday, September 15, 2010TORONTO, ONTARIO--(Marketwire - Sept. 15, 2010) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESSherritt International Corporation ("Sherritt") (TSX:S) announced today that its Board of Directors has approved a quarterly dividend, with respect to the third quarter of 2010, of $0.036 per common share, payable October 14, 2010 to shareholders of record as of the close of business on September 30, 2010. This regular dividend is an "eligible dividend" as defined in the Income Tax Act (Canada).About SherrittSherritt is a diversified natural resource company that produces nickel, cobalt, thermal coal, oil, gas and electricity. It also licenses its proprietary technologies to other metals companies. Sherritt's common shares are listed on the Toronto Stock Exchange under the symbol "S."FOR FURTHER INFORMATION PLEASE CONTACT: Sherritt International Corporation Investor Relations 416-935-2451 1-800-704-6698 investor@sherritt.com www.sherritt.com