Bentley's long-
standing program in teaching business ethics went global for the first time
last spring, attracting an international group of educators dedicated to
helping students raise their ethical awareness and abilities. Services are provided by the member firms or their subsidiaries
or affiliates and not by the Deloitte Touche Tohmatsu Verein. In the U.

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'We encourage all professionals to be open and speak out about ethical
dilemmas,' said Bacic

WALTHAM, Mass., Deloitte + Touche LLP New England
Managing Partner William K."
Bacic concluded by explaining that, "Perhaps most importantly , we have
become more upfront about the importance of ethics and the way we resolve
conflicts.

Some statements contained in this news release are forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as amended,
and, therefore, involve uncertainties or risks that could cause actual results
to differ materially. These statements may contain words such as "believes,"
"anticipates," "plans," "expects," "intends," "estimates" or similar
expressions.

vepsian osmo

Contract Negotiations Begin at East Boulder Mine

Stillwater Mining Company and USW
Local-1 entered into an agreement that all statements to the media concerning
negotiations will be done jointly unless twenty-four hour notice has been
given from one party to the other.

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The third part of the U.
Deloitte + Touche USA LLP is the U. BILLINGS, Mont.

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In
his luncheon keynote address, Bacic emphasized that business must reclaim its
role as guardian of the public trust to benefit itself and the investing
public.

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S."

Bentley's Global Business Ethics Forum
The newly named Global Business Ethics Forum, underwritten by State Street
for the next three years, will invite leading business ethics scholars and
practitioners for a series of discussions on current trends and best practices
in business ethics and corporate social responsibility. producer of palladium and
platinum and is the largest primary producer of platinum group metals outside
of South Africa and Russia.com.

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S.

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These include its ethics
training program, designed to encourage employees to think about daily
challenges in ethical terms, and its ethics helpline that makes it possible
for employees to seek guidance or report alleged violations of ethics in a
confidential manner. Approximately 350 hourly employees at the
East Boulder mine, are covered by the current contract that expires July 1,
2005

Stillwater Mining Company is the only U. Investors are cautioned not to rely
on forward -looking statements.

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member firm of Deloitte Touche
Tohmatsu. Stark 406-322-8700
USW: Steven Gentry 406-656-1439

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As disturbing as it is to watch the current
parade of corporate executives on trial, I value the message it conveys - that
there is accountability at stake, and a price to pay for unethical behavior.
Bargaining teams from the Union and Stillwater management established the
ground rules and laid the foundation for the upcoming meetings.S.

uralic udmurt

S., STILLWATER MINING
COMPANY (NYSE: SWC) -- Representatives for Stillwater Mining Company and the
United Steelworkers and its Local-1 met earlier this week in Billings, Montana
to begin discussions for a new labor agreement at the East Boulder mine.

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Each of the
member firms is a separate and independent legal entity operating under the
names "Deloitte," "Deloitte + Touche ," "Deloitte Touche Tohmatsu" or other
related names., services are provided by the subsidiaries of Deloitte +
Touche USA LLP (Deloitte + Touche LLP, Deloitte Consulting LLP, Deloitte Tax
LLP, and their subsidiaries), and not by Deloitte + Touche USA LLP.

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"
He also summarized the steps Deloitte + Touche has taken to reinforce its
own culture of ethics, noting that its overall goal is to bring the topic of
ethics out into the daily lives of its people.

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CONTACT: Stillwater: John R.

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Buono, professor of management
and coordinator of the Bentley Alliance for Ethics and Social Responsibility,
Bacic said, "Corporate America must realize there are costs and consequences
for falling short on ethics. This exchange will
lead into the teaching workshop, in which 20 selected North American and
international faculty will continue to explore how they incorporate ethics and
corporate responsibility into their discipline-based courses.

About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss
Verein, its member firms and their respective subsidiaries and affiliates.

These statements are not guarantees of the Company's future
performance and are subject to risks, uncertainties and other important
factors that could cause our actual performance or achievements to differ
materially from those expressed or implied by these forward-looking
statements. Such statements include, but are not limited to, comments
regarding expansion plans, costs, grade, production and recovery rates,
permitting, financing needs, the terms of future credit facilities and capital
expenditures, increases in processing capacity, cost reduction measures,
safety, timing for engineering studies, and environmental permitting and
compliance , litigation and the palladium and platinum market.

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"
He added, "We can talk about regulation, about strict codes of conduct,
but ultimately integrity begins at home.

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Our partners and managers are speaking out about the dilemmas they
face and we are encouraging all our professionals to be open and air their
concerns. Additional
information regarding factors which could cause results to differ materially
from management's expectations is found in the section entitled "Risk Factors "
above in the Company's 2003 Annual Report on Form 10-K.

mordvin udmurt

Deloitte + Touche New England Managing Partner William K. Bacic Encourages Open Dialogue on Corporate Ethics at Bentley College Global Business Ethics Symposiu

Information on Stillwater Mining can be found at
its Web site: http://www.

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Additional
bargaining sessions have been scheduled. The Company intends
that the forward-looking statements contained herein be subject to the
above-mentioned statutory safe harbors.

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"
Bacic said that he and Deloitte + Touche see this as a challenging time
for both the accounting profession and business in general, but also "as an
opportunity to renew and strengthen the underpinnings of our entire profession
and to close the expectation gap, clarify our goals and reclaim our role as
guardians of the public trust. He outlined three formal
mechanisms that Deloitte + Touche USA LLP and its subsidiaries (the "U. As
a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its
member firms has any liability for each other's acts or omissions.stillwatermining. The Company disclaims any obligation to update
forward-looking statements.

udmurt kalmyk

Bacic supported the national dialogue on corporate
ethics standards at a gathering of business leaders convening at the Bentley
College Global Ethics Symposium co-sponsored by State Street Corporation.

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During his speech, moderated by Anthony F.
Firms ") uses to ensure an ethics-based culture. Firms' ethics platform is its code of ethics
and professional conduct that Bacic defined as "personal, unambiguous and
explicit about the expectations we have of one another.S.

uralic presumed

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