S&B Industrial Minerals S.A. (“S&B” or the “Company”), hereby informs that in relation to the annual implementation of stock option plans for executives of the Company and of the Company's subsidiaries abroad, as these have been approved by the Annual Ordinary General Meetings of Shareholders held on 31/05/2007, 14/05/2008, 16/06/2009, 17/06/2010 and 01/06/2011 and further to the Company's announcement from 16/11/2011, none of the beneficiaries exercised any vested options of the above stock option plans within the exercise period.

The Company's share capital remains unchanged and amounts to euro 51,110,687.00, divided by an equal number of common registered voting shares of nominal value euro 1.00 each.

Investor Relations Department

December 16, 2011