Mr. Ian Delaney reports

SHERRITT ANNOUNCES APPOINTMENT OF NEW DIRECTOR

Sherritt International Corp. has appointed Richard Lapthorne as director, effective immediately.

Mr. Lapthorne has been chairman of Cable & Wireless PLC since January, 2003, and following the demerger of Cable & Wireless Worldwide PLC, he continues as chairman of Cable & Wireless Communications PLC. He also serves as chairman of the PwC public interest body.

Mr. Lapthorne has served in various capacities, including in many cases as chairman, on the board of diverse, international organizations including New Look, the McLaren Group, Amersham International PLC, Robert Fleming (the merchant bank), Oasis International Leasing in Abu Dhabi, Avecia (spun off from Astra Zeneca), TI Automotive (spun off from Smiths Group), Tunstall, Morse PLC and Arlington Securities. In addition to his board service, he has had a distinguished executive career at Unilever, Courtaulds PLC and British Aerospace. Mr. Lapthorne was awarded a knight bachelor in the Queen's new year honours in December, 2009.

Ian W. Delaney, chairman and chief executive officer of Sherritt, said: "Sir Richard's outstanding strategic capabilities and highly focused financial orientation will fit well with Sherritt's board. He will be a valuable addition to the board and its collaboration with Sherritt's management team."