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 2014, of $0.01 per common share, payable July 14, 2014 to
shareholders of record as of the close of business on June 30, 2014. 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, 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 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: 
Investor Relations
Telephone: 416-935-2451
Toll-Free: 1-800-704-6698
Email: investor@sherritt.com
www.sherritt.com

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