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                                                                                                                                                                                                                         EXHIBIT 99.1                          
                            News

For Immediate Release
Contact:
February 2, 2012
Rick B. Honey
 
(212) 878-1831


MINERALS TECHNOLOGIES ACHIEVES RECORD ANNUAL EARNINGS
 OF $3.77 PER SHARE, EXCLUDING SPECIAL ITEMS
----------
Reported Earnings per Share were $3.73 for 2011 and $1.11 for Fourth Quarter
----------
Company Reports Record Operating Income in 2011
----------

Highlights:

·  
Earnings per Share of $1.05 for the quarter, excluding special items
·  
Operating Income of $25.2 million for the quarter, 11% above  prior year
·  
Five new satellite PCC contracts signed in 2011
·  
Five commercial agreements for FulfillTM signed
·  
Repurchased $48 million of Treasury Stock
·  
Strong Cash Flow from Operations

NEW YORK, February 2—Minerals Technologies Inc. (NYSE: MTX) today reported record earnings per share of $3.77 for the full year of 2011 compared with earnings of $3.58 in the prior year, excluding special items, an increase of 5 percent. As reported, Minerals Technologies recorded a net income of $67.5 million, or $3.73 per share, in 2011.
Minerals Technologies' worldwide sales for the full year 2011 were $1.04 billion compared with $1.0 billion recorded in 2010, a 4-percent increase. Foreign exchange had a favorable impact on sales of $21 million, or 2 percentage points of growth. Revenue increased in each of the company’s product lines in 2011. Operating income for the full year 2011, excluding
 
 
 

The following information was filed by Minerals Technologies Inc (MTX) on Thursday, February 2, 2012 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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