Health, Safety and the Environment
Committee Charter
October 23, 2002

STILLWATER MINING COMPANY recognizes that excellence in managing health, safety and environment responsibilities is essential to long-term success. Through effective management practices the company aims to ensure the health and safety of its employees, to minimize any adverse impacts its activities may have on the environment and to make a positive contribution to local community life.

To achieve these objectives the STILLWATER MINING COMPANY will:

• build from a foundation of compliance with applicable HSE laws, regulations and voluntary commitments;
• seek continuing improvement through setting and reviewing targets, assessing and reporting HSE performance and using best practices appropriate to the local situation;
• contribute to the development of sound legislation and regulations, and
• foster a better understanding of HSE issues pertinent to its activities.

Implementing the HSE policy:

To implement the STILLWATER MINING COMPANY policy, all groups must meet the following minimum requirements:

• ensure that HSE matters are an integral part of long-term strategy;
• establish programs and procedures to ensure proper and consistent implementation of their HSE policies;
• assess in advance the potential HSE implications of exploration, development, expansion, acquisition, divestment, and closure activities and the implement actions to minimize adverse social and environmental impacts;
• provide for HSE related operating reclamation, and closure costs in preparing investment proposals, annual plans, and accounts;
• ensure efficient use of energy, water and other materials and pursue implementation of pollution prevention programs;
• conduct regular audits to evaluate compliance with HSE laws and company HSE policies;
• evaluate HSE risks associated with their activities and products and take appropriate action to minimize potential risks;
• prepare, test and maintain emergency procedures in cooperation with local emergency response authorities;
• prepare and maintain a plan for the eventual closure of each operation including: management of social and environmental impact, estimates of closures costs and financial provisions, and consultation and cooperation with location communities;
• ensure that everyone in the company is aware of and integrates HSE considerations in their day-to-day activities;
• encourage consultation, particularly with employees and local communities, listen and respond to concerns presented, and contribute to public education programs on relevant HSE matters;
• require all contractors to implement practices that are consistent with company’s policy;
• research processes, practices, and technologies that will lead to improved HSE performance; and report regularly to their board of directors, and through those boards to STILLWATER MINING COMPANY, on progress in HSE performance and other significant matters relating to their company’s HSE policy.

COMMUNITIES

Wherever STILLWATER MINING COMPANY operates, good relations with its neighbors are fundamental to long-term success. Knowing that each local community is different, the policy of STILLWATER MINING COMPANY is that every operation shall strive to understand and interact constructively with its local communities and to assist their development in ways, which apply the following principles:

• Mutual respect
• Active partnership
• Long-term commitment

Mutual respect is essential to lasting, beneficial, interactive relationships between the group’s operations and local communities. This requires continuing and effective two-way communications and realistic expectations on both sides.

Active partnership defines the way the group works with local communities, as well as with regional and national governments and other affected parties, by seeking mutual commitment and reciprocity based on trust and openness so as to reach agreed objectives and shared involvement.

Long-term commitment to local communities is sought, so that social and economic well being is safeguarded and, where possible, enhanced throughout the mine’s life and beyond.

Recognizing that environmental issues have an impact on community perceptions, this policy will be pursued in parallel with the group’s health, safety and environmental policy.