S Sherritt International Corporation

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


Sherritt International Corporation ("Sherritt" or "the Corporation") (TSX:S)
commented on dissident shareholder Clarke Inc.'s disclosure that it sent a
letter to the Ontario Securities Commission (the "OSC") today regarding the
Corporation's Annual and Special Meeting of Shareholders.


Clarke Inc.'s letter to the OSC is wholly without merit and is a transparent
attempt to somehow revive a sputtering dissident campaign by unfairly and
inappropriately trying to cast a negative light on the Corporation. Sherritt has
acted appropriately and in strict compliance with all legal requirements at all
times and it will continue to do so. 


The Corporation has received support from leading independent proxy advisory
firms Institutional Shareholder Services and Glass, Lewis & Co. They both
carefully reviewed all public disclosure and made recommendations to vote FOR
Sherritt's director nominees on the BLUE proxy on the basis of what is in the
best interests of all shareholders. Both proxy advisors also recommended that
shareholders withhold from voting with respect to all of Clarke's nominees.


Sherritt notes that the dissident sent its letter to the OSC almost a month
after Sherritt distributed its circular and after the independent proxy
advisors' recommendations supporting Sherritt. The late timing suggests this
letter is a last-ditch attempt by the dissident to distract shareholders from
the real issues just prior to the voting deadline. 


This is yet another example of erratic behaviour by Clarke Inc. and dissident
nominee George Armoyan and provides a further glimpse into what shareholders
should expect if Mr. Armoyan or his two associates are elected to Sherritt's
Board of Directors. 


Proxy Voting Instructions

Regardless of how many Sherritt shares you own, it is important you vote your
BLUE proxy. Even if you have already voted using the Green Dissident form of
proxy, you can still change your vote by voting the BLUE proxy, as only the
latest dated proxy will be counted at the meeting.


We encourage shareholders to vote the control number found on your BLUE proxy
FOR Sherritt's nominees, no later than 5:00 p.m. (Toronto time) on Friday, May
2, 2014.


For more information or assistance in voting your BLUE proxy, please contact
Kingsdale Shareholder Services at 1-800-749-9197 (toll-free), 416-867-2272
(outside North America), or by email at contactus@kingsdaleshareholder.com or go
to www.sherritt.com.


About Sherritt

Sherritt is a world leader in the mining and refining of nickel from lateritic
ores with operations in Canada, Cuba and Madagascar. The Corporation is the
largest independent energy producer in Cuba, with extensive oil and power
operations across the island. Sherritt licenses its proprietary technologies and
provides metallurgical services to commercial metals operations worldwide. The
Corporation's common shares are listed on the Toronto Stock Exchange under the
symbol "S". Further information on Sherritt can be found on the Corporation's
website: www.sherritt.com. 


Forward-Looking Statements 

This press release contains certain forward-looking statements. Forward-looking
statements can generally be identified by the use of statements that include
such words as "believe", "expect", "anticipate", "intend", "plan", "forecast",
"likely", "may", "will", "could", "should", "suspect", "outlook", "projected",
"continue" or other similar words or phrases. Forward-looking statements in this
document include, but are not limited to, statements regarding operating
performance, production, commodity prices, priorities and plans, anticipated
financial performance, business prospects, and certain corporate objectives,
goals and plans. Forward-looking statements are not based on historic facts, but
rather on current expectations, assumptions and projections about future events.
They are based on information available to management and/or assumptions
management believes are reasonable. Many factors could cause results to differ
materially from the results discussed in the forward-looking statements.
Although the forward-looking statements are based on what management believes to
be reasonable assumptions, Sherritt cannot assure investors that actual results
will be consistent with such forward-looking statements and such forward-looking
statements should not be unduly relied upon. All forward-looking statements in
this press release are made as of the date of this press release. Except as
required by applicable securities laws, Sherritt does not intend and does not
assume any obligations to update or revise the forward-looking statements. The
Corporation's risk factors are discussed in disclosure documents filed by
Sherritt with Canadian securities regulators. Reference should be made to the
management discussion and analysis in Sherritt's annual and interim financial
statements and its annual information form for the year ended December 31, 2013
and dated March 26, 2014, all of which are available on SEDAR at www.sedar.com.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Investor inquiries:
Kingsdale Shareholder Services
North American Toll-Free: 1-800-749-9197
International Collect Calls: 416-867-2272
contactus@kingsdaleshareholder.com


Sherritt International Corporation
416-935-2451
Toll-free: 1-800-704-6698
investor@sherritt.com
www.sherritt.com


Sherritt International Corporation
416-935-2421
Toll-free: 1-888-625-3448
communications@sherritt.com


Media inquiries:
Longview Communications
Joel Shaffer:  416-649-8006
Alan Bayless:  604-694-6035

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