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2014-05-09

Minerals Technologies Inc: Minerals Technologies Completes Tender Offer for Outstanding Shares of AMCOL International

NEW YORK, NY-May 9, 2014-Minerals Technologies Inc. (NYSE: MTX) announced
today that it has successfully completed its tender offer to purchase all
outstanding shares of AMCOL International Corporation (NYSE: ACO) for $45.75
per share in cash.

The tender offer expired at 9:00 a.m., New York City time, on May 9, 2014. As
of expiration, 28,487,106 shares had been validly tendered and not validly
withdrawn, representing approximately 87.4 percent of AMCOL's outstanding
shares of common stock. The conditions to the tender offer were satisfied,
and Minerals Technologies Inc. (MTI) has accepted for payment and will
promptly pay the depositary for all validly tendered shares.

MTI expects to complete the acquisition of AMCOL later today through a merger
without a vote or meeting of AMCOL's stockholders, pursuant to Section 251(h)
of the General Corporation Law of the State of Delaware. Each of the
remaining shares of AMCOL common stock not purchased in the tender offer will
be converted into the right to receive the same $45.75 in cash that will be
paid in the tender offer. Upon completion of the merger, AMCOL will become a
wholly owned subsidiary of MTI. AMCOL's common stock will no longer be listed
on the New York Stock Exchange.

Cravath, Swaine&Moore LLP is acting as legal counsel to Minerals Technologies
and Lazard is acting as its financial advisor. J.P. Morgan is also acting as
a financial advisor.

About Minerals Technologies

New York-based Minerals Technologies Inc. is a resource- and technology-based
growth company that develops, produces and markets worldwide a broad range of
specialty mineral, mineral-based and synthetic mineral products and related
systems and services. The company recorded sales of $1.02 billion in 2013.

About AMCOL

AMCOL, headquartered in Hoffman Estates, IL., USA, produces and markets a wide
range of specialty minerals and materials used for industrial, environmental
and consumer-related applications. AMCOL is the parent of American Colloid
Co., CETCO (Colloid Environmental Technologies Company), CETCO Oilfield
Services Company, and the transportation operations Ameri-co Carriers, Inc.
and Ameri-co Logistics, Inc.

FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements, which describe or
are based on current expectations. Actual results may differ materially from
these expectations. In addition, any statements that are not historical fact
(including statements containing the words "believes," "plans,"
"anticipates," "expects," "estimates," "will," and similar expressions)
should also be considered to be forward-looking statements. The company
undertakes no obligation to publicly update any forward-looking statement,
whether as a result of new information, future events, or otherwise.
Forward-looking statements in this document should be evaluated together with
the many uncertainties that affect our businesses, particularly those
mentioned in the risk factors and other cautionary statements in our 2013
Annual Report on Form 10-K and in our other reports filed with the Securities
and Exchange Commission.

Minerals Technologies Media

Brunswick Group
Steve Lipin/Lauren Odell
212-333-3810

Minerals Technologies Media&Investor Relations

Rick B. Honey
212-878-1831

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Minerals Technologies Inc via Globenewswire

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