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Sturm, Ruger & Company, Inc. Reports Sale of Non-Manufacturing Real Estate

Sturm, Ruger & Company, Inc. (NYSE-RGR) announced that it sold non-manufacturing real property located in Prescott, Arizona for $5 million on April 16, 2007. The purchaser of the property was Yavapai County Community College.

The Company expects to realize a gain of approximately $1.5 million from this sale in the second quarter of 2007. In December 2006, the Company announced its intention of selling its non-manufacturing real property assets and artwork. This sale in Arizona, and the sale of New Hampshire real property, as announced in March 2007, were two of the major opportunities the Company anticipated when it made the announcement. Additional non- manufacturing properties continue to be marketed, but the company does not expect any further significant sales of real property or artwork during 2007.