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Press release from Marketwire

Sherritt Announces Quarterly Dividend

Wednesday, June 12, 2013

Sherritt Announces Quarterly Dividend

11:20 EDT Wednesday, June 12, 2013

TORONTO, ONTARIO--(Marketwired - June 12, 2013) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Sherritt International Corporation ("Sherritt") (TSX:S) announced today that its Board of Directors has approved a quarterly dividend, with respect to the second quarter of 2013, of $0.043 per common share, payable July 12, 2013 to shareholders of record as of the close of business on June 28, 2013. This regular dividend is an "eligible dividend" as defined in the Income Tax Act (Canada).

About Sherritt

Sherritt is a world leader in the mining and refining of nickel from lateritic ores with projects and operations in Canada, Cuba, Indonesia and Madagascar. The Corporation is the largest thermal coal producer in Canada and is the largest independent energy producer in Cuba, with extensive oil and power operations on the island. Sherritt licenses its proprietary technologies and provides metallurgical services to mining and refining operations worldwide. The Corporation's common shares are listed on the Toronto Stock Exchange under the symbol "S".

FOR FURTHER INFORMATION PLEASE CONTACT:

Contact Information:
Sherritt International Corporation
Investor Relations
416-935-2451 or Toll-Free: 1-800-704-6698
investor@sherritt.com
www.sherritt.com

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