Microsoft PowerPoint Presentation

10/3/2001


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Table of Contents

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PPT Slide

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Growing Profitability

Growing Profit Margin

Increasing Earnings

Strong Financial Performance

Stillwater Mine Growing Production

Stillwater Mine Operating Statistics

Change at Stillwater Management Philosophy

Change at Stillwater Our Values

Stillwater Mine

Location

Resource Cross Section

J-M Reef Formation

Beartooth Mountains Uplift

Resource Stope Cross Section

The Resource

Stillwater Mine PGM Production

Stillwater Mine Operating Programs

Stillwater Mine Proven Reserve Growth

East Boulder Mine

East Boulder Underground

East Boulder Mine Development Plan

East Boulder Mine Construction Activities

East Boulder Mine Drilling Program

Columbus Processing Center

Columbus Processing Center

Financial Review

Long-term Financing Plan

Marketing Contracts

Marketing Contracts

PGM Market

PPT Slide

Palladium Mine Supply & Demand

Palladium -- The Future

Platinum Price History

Platinum Demand & Supply

Platinum -- The Future

Stillwater: A Growth Future

Stillwater Mine Key Success Factors

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PPT Slide

Author: John W. Pearson