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


Sherritt International Corporation ("Sherritt", the "Company" or the
"Corporation") (TSX:S) announced today that Glass, Lewis & Co. (Glass Lewis) has
recommended that its clients vote FOR all of Sherritt's director nominees and
resolutions, using only Sherritt's BLUE proxy. Glass Lewis' recommendation
follows a similar recommendation from Institutional Shareholder Services, on
April 21, 2014. 


"This is a second important endorsement from a leading independent third party
proxy advisor," said Harold (Hap) Stephen, Chairman of Sherritt. "With unanimous
support from the leading proxy advisors, momentum is clearly behind Sherritt's
director nominees. However, it's up to shareholders to vote only their BLUE
proxy to ensure that George Armoyan and his handpicked dissident nominees cannot
threaten good governance and sustainable value creation at Sherritt." 


Glass Lewis is a leading independent international corporate governance analysis
and proxy voting firm that serves institutional investors globally that
collectively manage more than $15 trillion in assets. Glass Lewis conducts a
careful review of public disclosure to determine what is in the best interests
of shareholders. 


In recommending that shareholders vote FOR all Sherritt director nominees and
resolutions and AGAINST all dissident resolutions, Glass Lewis stated: 


"Under (CEO David) Pathe's tenure, the expected capital costs of the Ambatovy
project have not increased and the Company appears to have resolved some of its
largest problems, including achieving commercial production at Ambatovy in
January 2014. The Company has also shored up its balance sheet through the
announced sale of the coal business in December 2013 and we believe it is now
better positioned to benefit from improvement in commodities markets.
Furthermore, we believe the Company's internal cost reductions achieved in 2013
and target reductions in 2014 are a positive sign. The Company also made
appropriate changes to director compensation, including by eliminating the
Helms-Burton Act allowance for directors who are not actually impacted by that
law.


Overall, given the Company's positive trajectory on these fronts and the
significant executive and board turnover in the last several years, we are
hesitant to advocate additional leadership changes at this time. We believe the
Management Nominees offer a balance of experience and fresh perspective and that
electing all such nominees will allow the Company to continue to build on its
favorable momentum. Notably, in our view, first-time Management Nominees Baker
and Loader offer significant executive experience in the mining and oil & gas
industries, respectively, and could be an asset to the Company as it focuses on
ramping up production at Ambatovy....Accordingly, we recommend that shareholders
vote on the incumbent management BLUE proxy card." (Emphasis added)


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 mining and refining operations worldwide. The
Corporation's common shares are listed on the Toronto Stock Exchange under the
symbol "S".


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 or Toll-free: 1-800-704-6698
investor@sherritt.com
www.sherritt.com


Sherritt International Corporation
416-935-2421 or 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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